“The depressing reality about climate change is that we could solve the problem, at manageable cost, but are failing to do so.” So the Financial Times Editorial Board concluded on 26th December.
As we hurtle into 2019, we need to immediately shift to actions against the ultra-wealthy and the uber-powerful. It is long past time for changing how we talk about climate change.
Fossil fuel interests and their allied governments attend international climate conferences singing of a glorious future of clean growth – but behind the scenes they work to ensure that no binding commitments are made to reduce carbon emissions. According to Donald Gutstein’s new book The Big Stall, the corporate takeover of international climate negotiations goes back nearly 30 years.
In a Scotland straining towards a two-thirds cut in emissions by 2030, the behemoth of Grangemouth represents by far the greatest single obstacle. In addition to the practical questions surrounding its future, it has become totemic for capital, unions, and the Scottish National Party.
With Oil, Power and War, Matthieu Auzanneau has produced what I believe is the new definitive work on oil and its historic significance, supplanting even Daniel Yergin’s renowned The Prize, for reasons I’ll describe below.
In San Francisco this week, Fossil Free California hosted a panel discussion on the most recent municipal litigation against the fossil fuel industry.
Climate action has been repeatedly drowned by a devastating surge and flood of money from the fossil fuel industry — nearly $2 billion in lobbying since 2000 alone.
Halcón is an excellent example of the Ponzi scheme that is the fracked oil story in America. Big promises that lead to huge loans that lead to more promises. And while the investors get burned and $280 billion gets squandered, the fracking CEOs walk away very rich along with the deal makers on Wall Street.
As pipeline protests continue to delay and, sometimes, stop energy projects in their tracks, the fossil fuel industry and Republican lawmakers are looking for new ways to clamp down on environmental protest.
At a pipeline industry conference in Pittsburgh on January 31, Robert G. Phillips, CEO and President of Crestwood Equity Partners, offered an unusually candid perspective on pipelines, fracking, environmental regulations, and how industry plans to fight back against public opposition and permitting problems.
The electric utility sector’s top lobbying group is teaming up with fossil fuel trade associations as part of an effort to intensify the industry’s campaign against citizen and environmental groups opposed to fracking and new natural gas pipelines.
This week, senior executives of the oil and gas industry will be meeting at the Intercontinental Hotel in London for an exclusive conference named Oil & Money.