The Climate Action Network (CAN), a worldwide network of over 365 Non-Governmental Organizations working together to fight climate change, called on the G8 today to “start a complete phase out of public financing for fossil fuel operations and oil aid and ensure that International Financial Institutions, such as the World Bank, become leaders in investing … Read More
Day: March 8, 2007
Climate Sceptic Alert
Oh yeah? Don’t believe a word of it. You may have thought the long debate over whether humans are warming the Earth was finally over, especially given the recent warnings from the Intergovernmental Panel on Climate Change. But today Channel 4 will screen “The Great Global Warming Swindle”, a documentary which claims accepted theories about … Read More
Exxon Spends on New Projects
Oil giant Exxon Mobil says it will spend some of its record profits on over 20 new global projects in the next three years. The investments are expected to add one million oil-equivalent barrels a day to the company’s volumes at peak production. CEO T-Rex Tillerson said the company’s capital spending would be about US$20 … Read More
Gore Urges EU to take Lead on Climate
Europe’s leaders meet in Brussels today to sign a binding agreement to cut greenhouse gas emissions by 20 per cent by 2020, a figure that would rise to 30 per cent if the US follows suit. They are being urged on by Al Gore, the former American vice-president said on a visit to Brussels that … Read More