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2026

2026

“There is little to no chance of less than 2C rise”

A year ago at the Copenhagen conference, the talk was all about deals and final agreements that would put the world on the road to a low carbon future. This year, at Cancun, the expectations are so low that just...

Upton / Koch Committee’s Witnesses for Big Oil

This is a cross post from Brad Johnson and Noreen Nelson at the Center for American Progress. The House Energy and Commerce Committee, now under Republican control, is holding a hearing right now to discuss blocking the Environmental Protection Agency’s...

If We Reach $100 a Barrel: Blame the Bankers

Only a couple of weeks ago Iran's OPEC governor Mohammad Ali Khatibi was saying the crude oil market is oversupplied and prices of $70 and $80 are more nominal than real. "If we compare the current prices with the real...

BP: Stilling Passing Blame

Out with the old. In with the new. When BP ceremoniously dumped bumbling gaffe-prone Tony Hayward after the Deepwater Horizon oil spill, and ushered in smooth-talking Bob Dudley, it was meant to herald a new era in the troubled giant’s...

Web Tools: California Propositions 23 and 26

California's Proposition 26 would increase the legislative vote requirement from a majority to two-thirds for new and increased state and local fees and charges. Many of California's environmental protection programs are funded with such fees.  Opponents of Prop 26 say...

The Game Remains the Same

In the days after the BP oil spill, many environmentalists argued that the spill would be a “game-changer”, that it would facilitate the transition to a clean energy future. But any new legislation that might have been introduced after the...

“Insufficient Consideration of Risk” on BP Rig

If the oil industry is about one thing and one thing only it is not really about oil, it is about risk. How a company manages the geological, technical, safety and financial risk of its daily decisions determines whether the...

From Seven Sisters to One Super-Major?

Obama’s presidential Commission into the oil spill starts today and already the focus seems to be about how to improve safety offshore for future drilling in light of the BP disaster. That means the focus is how to drill offshore...

Ability to Find New Reserves Now on a “Knife Edge”

Well we always knew that the oil spill disaster would have severe repercussions for the industry, a fact now conceded by the International Energy Agency (IEA). The IEA has warned that the spill from BP’s Macondo's well "places the ability...