Posts in May 2006
US “Blackmails” Ecuador Over Oil Dispute
Trouble is brewing for the oil industry is Latin America. First it was Venezuela that refused to privatise its oil industry and then slapped an 80 per cent tax on their operations- Bolivia followed suit by renationalizing foreign oil companies’ assets. Now, it seems, it is Ecuador’s turn.
Oil Execs March on DC / CO2 for LIFE!
While the Onion reports on historic events in Washington, the Competitive Enterprise Institute launches a campaign with the tagline – “Carbon Dioxide…They call it Pollution, We call it LIFE!” You can’t make this shit up. CEI has received more money from Exxon than any other front group since Kyoto – $1.7 million.
Not Your Soldier, Not Our Oil
As faithful readers of Price of Oil know, we’re not only environmentalists here. We see oil as at the center of multiple, intersecting issues – not the least of which is war. For a completely awesome tool to confront the US oil war recruitment machine, check this out.
BBC’s Climate Chaos
The BBC is just about to launch a whole series of programmes called “Climate Chaos” – for more details see the section on their website. One of the programmes is by Panorama, who will be examining how “the Bush administration has resisted calls to engage in Kyoto, and has been accused of a systematic campaign…
Continue reading ‘BBC’s Climate Chaos’.Climate Change Turning Corals to Rubble
More bad news for corals. Whole stretches of pristine coral reefs have been turned into “slime-covered rubble” because of rising sea temperatures caused by climate change according to a new study in the Seychelles.
Global Greenhouse Emissions Increase 15% in A Decade
Global greenhouse emissions increased 15 per cent over the decade 1992 to 2002, according to the World Bank. Although industrialised countries continue to be the worst offenders for climate change, China and India are also pushing up emissions.
Canada Back-Tracks on Climate Commitments
As the first stage of new talks on the Kyoto agreement got under way in Bonn yesterday it emerged that one of the key countries – Canada – is willing to comply with its Kyoto commitments only if its emissions targets are lowered in phase two of the agreement.
Yes Men Hit Halliburton
On a lighter note. At the end of last week, the Yes Men, a group of activists known for their stunts against corporate executives, targetted Halliburton, the global oil services company. Pretending to be Halliburton executives they gave a presentation at a trade conference in Florida advocating the use of “SurvivaBall”, a large inflatable suit…
Continue reading ‘Yes Men Hit Halliburton’.Africa: Facing Greatest Catastrophe in History
A second analysis in two days outlines how climate change will cause “the greatest catastrophe in human history” in Africa. Yesterday, Christian Aid predicted that 182 million will die because of climate change by the end of the century. Now evidence submitted to the official report that is being prepared for Tony Blair and Gordon…
Continue reading ‘Africa: Facing Greatest Catastrophe in History’.Europe’s Emission Trading Scheme in Trouble
Europe’s flagship emissions trading scheme is suffering from a credibility crisis after it has emerged that many of the pollution limits have been far too lax. Critics argue that the limits need to be drastically improved or the scheme will do nothing to tackle climate change. They say governments have given industry “permission to pollute”.
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