The oil barons from Exxon will wake up to a double headache this morning. The carnage on the international oil markets is playing havoc with their share price. Yesterday afternoon the company’s stock was down nearly 5 per cent as...
Some of the world’s best known oil companies, including Shell, BP, Statoil and Total, face the humiliation of having a ratings downgrade, the internationally respected ratings agency, Moodys, has warned.
When you think of the Arctic, you may picture vast glaciers, frigid waters, miles of ice, and probably the quintessential polar bear. The Arctic has been the final frontier for centuries: the ends of the earth. But a new reality...
The EIA's Reference Case forecasts show us the energy future we need to avoid for a safe climate. Yet the Obama Administration uses these forecasts as the basis for drilling in the Arctic and elsewhere on Federal Lands and the...
Although Alaska’s budget troubles have made headlines lately, it’s shouldn’t come as a surprise that a sharp drop in oil prices has put a state with a noted overreliance on oil and gas revenues in a financial bind. But in...
September 2, 2015 To: G20 Finance Ministers CC: Prof. Dr. Ahmet Davuto?lu, Deputy Prime Minister Ali Babacan, Deputy Undersecretary for Turkish Treasury Cavit Da?da?, Ambassador Feridun Sinirlio?lu RE: Delivering on G20 Commitment to Phase Out Fossil Fuel Subsidies Dear G20...
For some years now a growing number of activists, scientists and analysts have been warning that, if we are going to keep global warming to 2 degrees Celcius, that a significant quantify of fossil fuel reserves can never be burnt.
Canadians couldn’t have been much clearer yesterday when they hit the polls in numbers that haven’t been see for decades: The Harper era is history after some ten years of Conservative rule led by outgoing Prime Minister, Stephen Harper. Elected...
Today, President Obama took to his new twitter account to answer some questions on his administration's response to climate change. A noble effort to engage the public on an issue of paramount importance, to be sure. Unfortunately, though, in an exchange...
Washington DC is seeing a renewed push to eliminate the 40-year old regulation limiting the export of crude oil from the United States. The American Petroleum Institute has listed it as one of its top lobbying priorities for this Congressional...
