Across North America and beyond, a growing movement of communities, tribes, and cities is pushing banks to divest from dirty pipelines – going directly after the money that enables the construction of new fossil fuel infrastructure. Now landowners in Virginia...
Today Big Oil will appear before Congress to answer for their decades long climate denial campaign. It is the first time that collectively the bosses of Exxon, BP America, Chevron, and Shell have all testified together under oath.
Tackling climate change can have a significant impact on your company’s value to the total of $7 trillion, according to a new report by the London-based Carbon Trust. The report, based on analysis by McKinsey & Co, found that companies’...
As the fossil fuel disinvestment movement gathers a pace, the loses of US oil companies have reached record levels.
Through public land leases, infrastructure subsidies, and some very expensive tax breaks, taxpayer money is supporting what could become one of the dirtiest, most destructive chapters in American energy history.
Last Friday, oil giant Royal Dutch Shell, announced that it had doubled third quarter profits to $7.2 billion. So where is this cash coming from? Let’s not forget that Shell has spent millions over the last fifteen years trying to...
A new academic study, accepted for publication in Harvard Environmental Law, asks the pertinent question about Big Oil and climate change: “Given the extreme lethality of the conduct and the awareness of the catastrophic risk on the part of fossil...
The oil companies go to great efforts to portray their forecasts as works of objective analysis of the future. They are not - they are self-serving descriptions of the futures the companies would like policymakers and investors to believe in.
Is a key valuation metric used by analysts to assess oil companies pushing big oil towards riskier and riskier projects? Those of us outside the financial sector may not be too familiar with acronyms such as RoACE, NAV or RRR....
This updated analysis highlights the ongoing complicity of multiple countries and companies in fueling Israel's war machine. As more and more Palestinians are killed in bombings and pressure intensifies on global leaders, including US presidential candidates, to end the genocide,...
