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Tag Archives: big oil
Why Big Oil Should Kill Itself
Why Big Oil Should Kill Itself LONDON – Now that oil prices have settled into a long-term range of $30-50 per barrel (as described here a year ago), energy users everywhere are enjoying an annual income boost worth more than $2 trillion. The net result will almost certainly accelerate global growth, because the beneficiaries of this enormous income […]
Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows
Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows A new report recently released by InfluenceMap shows a number of oil and gas companies publicly throwing their support behind climate initiatives are simultaneously obstructing those same efforts through lobbying activities. The report, Big Oil and the Obstruction of Climate Regulations, comes on the […]
Big Oil, Big Tobacco, Big Lies
Big Oil, Big Tobacco, Big Lies Over the last few years, a growing number of people have been taking a hard look at what is happening to our planet – historic droughts, rising sea levels, massive floods – and acknowledging, finally, that human activity is propelling rapid climate change. But guess what? Exxon (now ExxonMobil) […]
How Tories Dumped Your Interests at the Pump
How Tories Dumped Your Interests at the Pump Oil is cheaper by half. So why don’t feds try and deliver savings to drivers? Oil prices have plunged by 50 per cent since last year, but you would never know that looking at what people are paying at the pump. What gives? Don’t ask the Conservatives. […]
Big Oil in Retreat
Big Oil in Retreat On July 14, 2011, at TomDispatch, Bill McKibben wrote that he and a few other “veteran environmentalists” had issued a call for activists to descend on the White House and “risk arrest to demand something simple and concrete from President Obama: that he refuse to grant a license for Keystone XL, a new pipeline […]
California Water Wars Escalate: State Changes Law, Orders Farmers To Stop Pumping
California Water Wars Escalate: State Changes Law, Orders Farmers To Stop Pumping “In the water world, the pre-1914 rights were considered to be gold,” exclaimed one water attorney, but as AP reports, it appears that ‘gold’ is being tested as California water regulators flexed their muscles by ordering a group of farmers to stop pumping from a branch of the […]
How Big Oil Was Saved From The Oil Price Crash
How Big Oil Was Saved From The Oil Price Crash Low oil prices have been less of a drag on the big integrated oil companies than it has for smaller producers. Diversified portfolios have allowed the largest oil companies to weather the storm better than their smaller competitors. To be sure, Big Oil has not […]
The G7 and its 85–year carbon pledge
The G7 and its 85–year carbon pledge The G7 gives itself a lifetime to fulfil its climate change promise If you thought it was hard to keep up your New Year’s resolution, try keeping an 85-year pledge. That’s exactly what Canada and the other G7 countries are committing themselves to as they try to get control […]
Difficult to invest in green energy in Canada without Big Oil
Difficult to invest in green energy in Canada without Big Oil Divestiture movement continues as organizations clean carbon holdings from portfolios If you thought the divestiture movement was losing steam, Norway’s recent announcement shows there still is momentum around the world to stop investing in fossil fuels. The country has confirmed that its hefty $900-billion government pension fund, considered the largest sovereign wealth […]
Bypassing Big Oil’s Alliance with Government
Bypassing Big Oil’s Alliance with Government New Orleans Environmental Attorney Creates ‘Shadow Agency’ In his almost 30-year career as an advocate for environmental justice, Louisiana attorney Stuart Smith has fought many of the biggest energy companies in the world and has come away victorious in his fair share of cases. Smith tells the stories behind these cases […]
“Motherfrackers” and Big Oil Hypesters
“Motherfrackers” and Big Oil Hypesters Forbe’s contributor Christopher Helman has always been an unapologetic supporter of shales. For instance, only last September he wrote a piece entitled “America’s Energy Outlook is Fracking Great, For Now”. Never mind that oil prices had begun their downward spiral three months prior to this statement. Never mind that every shale […]
New Report Warns of West Coast Tar Sands Oil Invasion
New Report Warns of West Coast Tar Sands Oil Invasion The West Coast of the United States and Canada is facing an imminent tar sands oil invasion, according to a new report from the Natural Resources Defense Council (NRDC). “The West Coast is about to fall victim to a tar sands invasion, unless our leaders choose to […]
Tomgram: Michael Klare, Is Big Oil Finally Entering a Climate Change World?
Tomgram: Michael Klare, Is Big Oil Finally Entering a Climate Change World? Welcome to the asylum! I’m talking, of course, about this country, or rather the world Big Oil spent big bucks creating.You know, the one in which the obvious — climate change — is doubted and denied, and in which the new Republican Congress is actively […]
Was Shell the First Big Oil Company to Publicly Accept the Science of Climate Change and its Consequences?
Was Shell the First Big Oil Company to Publicly Accept the Science of Climate Change and its Consequences? The DeSmog UK epic history series investigates the divide that opened up between chief executives and shareholders who were anxious that company operations and profits could be undermined by climate change. The heavy-handed attack from lobbyists on the Intergovernmental Panel […]
‘Failure of Conscience’: Groups Urge Congress to Fund Social Well-Being, Not Fossil Fuel Industry
‘Failure of Conscience’: Groups Urge Congress to Fund Social Well-Being, Not Fossil Fuel Industry Diverse coalition launches calculator to measure cost of fossil fuel subsidies A coalition of environmental and social justice groups has come together to declare collective disgust with the spending of billions of taxpayer dollars on unnecessary subsidies for the oil and […]
