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Posts in April 2007

• New York to Issue Congestion Charge

  Andy Rowell

  Apr23

  So New York plans to follow Oslo, Singapore and London in introducing a “Congestion Charge” for driving into the city. Michael Bloomberg, the city’s mayor, has unveiled plans for a congestion charge on cars entering the busiest parts of Manhattan. Compared with London’s $16, New York’s proposed charge will be a snip at $8.

• Now Somali Government Proposes PSAs

  Andy Rowell

  Apr23

  When American forces helped the fledging Somali government overthrow the Union of Islamic Courts earlier this year, some people argued that it was because of Al-Qaeda, others because of oil. For years, petroleum geologists have hoped that the oil-rich geology of Saudi Arabia and the Yemen that curves graciously under the sea of Aden and…
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• Raise your hand if you think Wolfowitz must go

  Steve Kretzmann

  Apr20

  The Wolfowitz must go campaign, which we at Oil Change support for a wide variety of reasons – including the fact that Bank lending for oil increased by more than 75% last year – is now in high gear. ParkRidge47, who created the now famous Obama / Think Different ad, has done a brilliant satire…
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• “End Oil Aid” Bill introduced

  Steve Kretzmann

  Apr18

  Environmental organizations today applauded Rep. Maurice Hinchey (D-NY) for introducing legislation that seeks to end subsidies for the international operations of oil companies. The “End Oil Aid” bill, introduced yesterday, calls on international financial institutions including the World Bank, Export Import Bank and Overseas Private Investment Corporation to stop financing oil and gas projects. “Oil…
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• G8 debates real climate action as Bank support for fossils rising

  Steve Kretzmann

  Apr13

  Oil Change Press Release, 4/13/07 – A leaked draft G8 Summit Declaration reveals that G8 leaders are considering an historic breakthrough in the fight against climate change at the upcoming G8 Summit in Heiligendamm, Germany. Despite the concern over climate, the draft ignores hundreds of billions of dollars in fossil fuel subsidies including increasing levels…
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• O’Leary Plans $12 Tickets to Cross Atlantic

  Andy Rowell

  Apr13

  There may be unprecedented news about how flying affects climate change, but try telling that to Michael O’Leary, the controversial boss of Ryanair. O’Leary said he was planning to bring his no-frills approach to transatlantic flights, offering one-way tickets from $12. The market is poised for significant changes in the wake of the recent “open…
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• Violence Escalates in Niger Delta

  Andy Rowell

  Apr13

  Seven people have been killed during security patrols in the Niger Delta, prompting fears of an escalation in the violence in the region. Five people, including two policemen, were killed in a shootout with criminal gangs on Wednesday in the Emohua district of the oil city of Port Harcourt, police said.

• Shareholders Revolt Against Lord Browne

  Andy Rowell

  Apr13

  BP has suffered its biggest shareholder protest for at least a decade in a snub that overshadowed an emotional send-off for Lord Browne in his final AGM in charge of BP. More than 17% of those BP investors who voted opposed a “golden goodbye” estimated by some to be worth up to £72m to the…
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• ConocoPhillips Calls For Mandatory Caps on Emissions

  Andy Rowell

  Apr12

  ConocoPhillips has become the first major US oil company to urge Congress to require mandatory limits on greenhouse. The company says it has joined the U.S. Climate Action Partnership, an alliance of big business and environmental groups that in January sent a letter to President Bush stating that mandatory caps are needed to reduce carbon…
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• Gazprom Targets UK Expansion

  Andy Rowell

  Apr12

  The Russian gas monolith, Gazprom, is making a concerted effort to increase its influence in Britain by targeting landmark buildings as customers. The energy company, whose chairman is Dimitry Medvedev, the first deputy prime minister of Russia and a presidential hopeful, has also stepped up its lobbying efforts in the UK with the appointment of…
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