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Posts in October 2006

• Profits Down at BP

  Andy Rowell

  Oct24

  BP’s troubles have been reflected in falling third quarter profits today when the oil gianthe troubles at oil giant BP were laid bare today when it posted falling third-quarter profits.  said it made 6.23 billion US dollars in the three months to September 30 compared with 6.46 billion US dollars a year earlier. It reflected…
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• Shell Bids C$7.7bn For Oil Sands Operation

  Andy Rowell

  Oct24

  Oil giant Shell has underlined a huge commitment to developing Canada’s highly polluting oil-sands with a C$7.7billion offer to buy out minority investors in a Shell company involved in the controversial fuel. The Shell group already owns 78 per cent of its Canadian subsidiary and is now trying to buy the remaining 22 per cent.

• Google Goes Green

  Andy Rowell

  Oct24

  Google has announced it is installing the largest corporate solar installation in the U.S. The system, installed by EI Solutions on Google’s Mountain View, California, headquarters campus will have a total capacity of 1.6 megawatts — enough to supply 1,000 average California homes.

• Wall St. analysts: politics determines price

  Steve Kretzmann

  Oct23

  Think the idea that gas and oil prices have been driven down in advance of the election is exclusively the province of lefty liberal bloggers? Check out this piece on New York Global Securities Analyst Phillip Miller’s investment advice on oil – buy now, because the price is going back up after midterms. Miller said,…
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• BP and Shell: $50 billion of Damage

  Andy Rowell

  Oct23

  BP and Shell caused almost $50 billion of environmental and social damage last year – double the amount of profits they made in the past 12 months – according to a report by WWF and the New Economics Foundation. The two groups are urging the British Government to slap an “oil legacy fund” on the…
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• Blair the Climate Change Hypocrite

  Andy Rowell

  Oct23

  The hypocrisy of Blair’s government on climate change is all too evident again. On the one hand it has emerged that Blair has failed to tackle UK greenhouse gas emissions that are now at the highest level since Labour came to power. On the other Blair continues to warn others that we must act. Last…
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• Climate Change Will Cause Refugee Crisis

  Andy Rowell

  Oct20

  Climate change will cause hundreds of millions of environmental refugees according to a new report, from the aid agency Tearfund. The study, “Feeling the Heat“, says there are already an estimated 25 million environmental refugees, and this figure is likely to soar as rain patterns continue to change, floods and storms become more frequent and…
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• Close to the Tipping Point of No Return

  Andy Rowell

  Oct19

  In his latest book, Paul Brown ex-environment editor at The Guardian ponders how close we are to the tipping point of runaway climate change. The phrase “tipping point” is certainly heard a lot more from scientists these days. It is, says Brown, where a small amount of warming sets off unstoppable changes, for example the…
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• Separating Oil & State

  Steve Kretzmann

  Oct18

  It’s working – if current trends hold, this next Congress will be the least beholden to the oil industry of any since 1990! Significantly more members of Congress are clean, and less money overall has been accepted than at any other time over the last 15 years (not that $13 million from the oil &…
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• The Scam of Carbon-Offsets

  Andy Rowell

  Oct18

  Finally someone has come out and critizised carbon off-setting for the scam it is. As George Monbiot writes in today’s Guardian: “Rejoice! We have a way out. Our guilty consciences appeased, we can continue to fill up our SUVs and fly around the world without the least concern about our impact on the planet. How…
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