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Posts in October 2006

• US Remains Biggest Emitter of Carbon

  Andy Rowell

  Oct31

  Ok let’s get back to reality –as if to underline how great is the challenge on climate change the UN has just released figures showing that gas emissions by the industrialised world are still rising, with the United States firmly entrenched as the biggest polluter.

• Stern: The Debate On Climate is Over

  Andy Rowell

  Oct31

  Reading the British papers today there is a general consensus that the Stern review has changed the political landscape over climate change. Those who have long argued for inaction have finally run out of excuses. The debate about climate change is over. Now is the time for action. According to the Independent “what Sir Nicholas…
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• UK Signs Gore to Sell Climate Change Case in US

  Andy Rowell

  Oct30

  Whilst Sir Nicholas Stern’s report continues to receive blanket media coverage in the UK, Washington remains largely uninterested. Look at the New York Times and the Stern report is mentioned half-way through a report entitled “Budgets Falling in Race to Fight Global Warming”. Outraged by he sees as America’s inability to respond to the seriousness…
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• Climate Change: The Worst Market-Failure Ever

  Andy Rowell

  Oct30

  Tony Blair has called it the most important document report that he has ever received in ten years of being Prime Minister. For the last eighteen months ex-World Bank economist, Sir Nicholas Stern, has been working on a report for the British government on climate change. It is published before the next round of negotiations…
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• Nigeria: 1.5 Million Tons of Oil Spilt in 50 Years

  Andy Rowell

  Oct26

  Here is the official news: Oil giant Royal Dutch Shell has driven the FTSE London market to a new five-and-a-half year high, as shares in the company lifted 3 per cent after its third quarter figures came in better than expected, despite a 34 per cent fall in net earnigs. The decline in profits was…
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• Tackle Climate Change or Face Recession, World Leaders Warned

  Andy Rowell

  Oct26

  Climate change could tilt the world’s economy into the worst global recession in recent history, a major report will warn next week. Sir Nicholas Stern, a former chief economist with the World Bank, will warn that governments need to tackle the problem head-on by cutting emissions or face economic ruin.

• Climate Change Threatens Pacific Islands

  Andy Rowell

  Oct25

  Whilst Britain belatedly introduces a watered-down Climate Bill and other countries tinker and talk about Climate Change, low-lying South Pacific nations such as Kiribati are literally sinking beneath the waves. Kiribati is an archipelago of 33 coral atolls barely 6ft above sea level, and is literally vanishing as sea-temperatures rise.

• UK Introduces Climate Bill

  Andy Rowell

  Oct25

  After months of intense pressure, the British government will today agree plans for a Climate Change bill setting new long-term targets to cut carbon emissions in Britain. Although an independent body will be set up to advise the government on how best to achieve the targets, the government is resisting the idea of a law…
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• Foxes, Henhouses, and Lee Raymond

  Steve Kretzmann

  Oct24

  The Exxpose Exxon coalition, which Oil Change is a part of, is highlighting and objecting to the latest egregious example of the cozy relationship between oil and state. Remember all the scandal around Cheney’s closed door National Energy Strategy? Now there’s a new study – requested by the government and run by the oil industry…
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• Investment Bank: Politics influences price of oil

  Steve Kretzmann

  Oct24

  Check out New York Global Securities analyst Phillip Miller’s investment advice on oil, which boils down to: buy now, because the price is going back up after the election. “We believe that the last three major declines in the price of oil coincided with various U.S. Senatorial hearings and expectations surrounding the upcoming U.S. midterm…
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