The day before the Exxon Valdez case makes it to the Supreme Court, Exxon is in court again, this time in a federal court in San Francisco. Exxon, BP and seven oil companies are all being sued by a tiny native Alaska village that is eroding into the Arctic Ocean. The Alaska native village Kivalina, … Read More
Day: February 27, 2008
Nigeria: Oil Transparency Remains “Elusive”
Although Nigeria passed legislation last year establishing an independent body the to make sure that oil majors pay the necessary royalties and taxes, anti-corruption activists are saying the law is not strong enough to fully clean the industry. Under the law – the Nigeria Extractive Industries Transparency Initiative (NEITI) – oil companies are required to … Read More
GOP Should Stop “Coddling Big Oil”
Interesting op-ed from a Silicon Valley newspaper by the CEO of Akeena Solar, which calls itself America’s leading solar installer. The CEO, Barry Cinnamon, argues “This week the House of Representatives will vote on the Renewable Energy and Energy Conservation Tax Act of 2008. This act would eliminate $18 billion in tax breaks for oil … Read More