Big Oil to Blame for Harvey’s Toxic Legacy
Yesterday, the Governor of Texas warned that the bill for reconstruction after Superstorm Harvey could be as high as $180 billion.
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2026
2026
In the Age of Stranded Assets, Who Pays to Clean Up the Mess?
Who will clean up the mess if oil companies go bust as the whole fossil fuel industry goes from a downcycle into a potential “death spiral”?
Tillerson “to be Confirmed as Secretary of State” today
Later today, it is expected that Rex Tillerson, the ex-boss of Exxon, will be confirmed as America’s 69th Secretary of State.
Hey “Polluting Pruitt” – What Are you Trying to Hide?
Later today, Scott “Polluting Pruitt” could be confirmed as the head of the Environmental Protection Agency, after a vote in the Senate. The fact that Pruitt, a man who has sued the EPA fourteen times, could be even considered for...
Shell’s big bets – a sign of desperate times?
The conclusion of an article in the Financial Times the other day was that there was only one way to explain three recent major bets by Royal Dutch Shell, including its 7 billion dollar bet (and counting) on Arctic Oil:...
Shell Stays in Arctic as Other Companies Pull Out
Earlier this week in London, in a novel action which some are calling a “playtest”, over 50 young children gathered outside Shell's London headquarters to protest against the oil giant’s Arctic drilling programme and its controversial collaboration with the iconic...
Colorado Democrats Bury Fracking Fight
Just when fracking was due to take centre stage in Colorado’s November elections, two of the State’s top Democrats have agreed to a compromise deal, which you could argue will leave Colorado’s communities unprotected on the front-line of the fracking...
BP says to Cancun: Invest in the tar sands
Timing, as I have pointed out in this blog before, is everything. Day two of the Cancun climate summit and you would have thought that politicians and companies would be tripping over themselves to portray themselves as clean and green....
It’s Time for the Truth, Tony
[caption id="attachment_4922" align="alignleft" width="169" caption="BP"][/caption] Yesterday was yet another gaffe from BP, but thankfully it was not yet another one from the company’s CEO Tony Hayward. This time it was the company’s chairman who was speaking to the media for...
Under the Rug: How Governments and International Institutions are Hiding Billions in Support to the Coal Industry
Combining all known public sources, and augmenting them with subscription industry databases, this report makes comprehensive information on public financing for coal easily accessible for the first time.