New Coal Finance Report Reveals Substantial Role of State-owned Banks
New BankTrack report highlights that commercial banks are ignoring climate limits, financing a record US$88 billion for coal operations in 2013.
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2026
2026
Counting the carbon kept in the ground
A graphic published today by Oil Change International shows the carbon left in the ground in cancelled tar sands projects and the potential impact of continued action to stop tar sands pipelines.
“I was spied on by BP”
I discovered recently that I was being spied on by BP.
Banks Face “Dire Scenario” Over Fracking Finance
For years, the oil industry and its powerful friends in Congress talked of a shale gas utopia where fracking would lead to energy independence in for US.
Bank of America: $50 A Barrel on Its Way
The US shale industry faces a Darwinian struggle over the next few months as only the fittest producers will survive as the price of crude plunges to $50 a barrel, the Bank of America has warned.
Oil Industry in Crisis as $1Tn Investment at Risk
And so the free-fall continues. The price of Brent crude has fallen this morning below $60 a barrel for the first time since July 2009. The price of US crude is below $55.
Sacrificing the Climate for Art’s Sake
The endorsement granted to Big Oil companies by preeminent arts institutions allows them to whitewash their image.
Shell’s Shame in Nigeria Continues
If there is one country where Shell’s broken promises ring hollower than anywhere else it is in Nigeria.
State Underestimated Keystone Climate Emissions by 4X
A new scientific study argues that the State Department has seriously underestimated the climate emissions from Keystone XL. The study concludes that the pipeline could produce four times more greenhouse gases than the State Department calculated.
Enbridge Intends to Take Enormous Subsidy for Alberta Clipper Tar Sands Pipeline
Enbridge is side-stepping environmental regulations and corporate taxes in attempts to increase Canadian tar sands exports through the United States.