Archive for June, 2008



This is one of those stories that although you should be outraged about it, you re not surprised at all about it, because you suspected it all along.
On the day that five foreign oil companies get their grubby hands on contracts to help develop Iraq’s oil, the NYT reveals that a small State Department team [...]

Will there be one event that finally galvanizes international action on climate change? Something so shocking that it becomes a tipping point for politicians to finally take this issue seriously.
It did not happen after Hurricane Katrina. Nor did it happen after the European floods or heatwaves. Maybe the news, from today’s Independent, that for the [...]

Stunned. Outraged. Bewildered. Sickened. Saddened. Hurt. These are just some of responses in Alaska to the news that the US Supreme Court had slashed punitive damages against Exxon for the 1989 Exxon Valdez spill from $2.5 billion to $500 million.
Meanwhile the champagne corks will have been popping at Exxon’s HQ, after it was ordered to [...]

As the global food crisis worsens, the aid agency Oxfam has warned that the replacement of traditional fuels with biofuels has dragged more than 30 million people into poverty.
Oxfam has re-iterated what many people have been saying for a while that so-called “green policies” in developed countries are contributing to the world’s soaring food prices, [...]

Whilst the world obsesses about how the oil industry could help bring down the oil price, a growing spat is taking place that could have huge ramifications for the oil industry. It concerns the Russians and BP, with some saying the Kremlin is trying to push BP out of the country.
Over the past few months [...]