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In an historic victory, a small court in Lago Agrio, in Ecuador's Amazon has ordered that Chevron  pay some $8.6 billion in damages. The court ruled in favour of the indigenous peoples of the Amazon who have spent the last...

Last night, The President once again proposed ending subsidies to the oil industry.  As we've said before, this is a great idea, and should be supported in full. That said, although we haven't seen details, it's quite unlikely that the...

In many ways it has been a lengthy legal fight like no other. On the one side are tens of thousands of poor Ecuadorian Indians and on the other the raw might of American Big Oil, in the shape of...

Ever since BP’s complex deal with Russian giant Rosneft was announced late last Friday, the list of critics to the deal has been growing. Take today’s leader in the Financial Times that calls the deal “risky, ethically vexing” and a...

We know that BP was to blame for the Deepwater Horizon. So too was Transocean and Halliburton. So too was the failed regulatory regime, which was tasked with maximising revenues for drilling at the same time as being responsible for...

So the car crash somehow didn’t happen. Somehow the groundhog talks managed to conjure up a deal in the last twenty four hours. A diplomatic rabbit was pulled by the Mexican hosts out of the hat. It is a deal...

So its week two at the climate talks, when the heavyweights begin to arrive. Over the next few days, environment ministers, Prime Ministers and Presidents will all head to the Mexican resort of Cancun. Due to arrive tomorrow is Albertan...

As the diplomatic squabbling continues in Cancun, lots of policy options are being put on the table. One of the key ones is trading carbon emissions. The influential EU bloc is one of carbon tradings greatest proponents, with its Emissions...

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...

According to a new report by one of the world’s leading authorities on climate change, the UK Met Office, the world has warmed more rapidly than previously thought over the past decade. The report also finds evidence that man-made climate...