Posts in February 2009
“So its heads I win, tails you lose”
The oil companies are beginning to look like the banks. During the good years, they cream off ridiculous profits with huge bonuses paid to senior management and directors. And in the bad times they get out of the begging bowl to ask for more money from the government.
One Hours Profit for 500 Dead Ducks
The images last year of some 500 dead and dying ducks drowning in a toxic tailings pond was not one that Canada wanted the world to see. They wanted to keep the downside of Canada’s dirty tar sands business secret. But the images of the dying birds flashed around the world much to the annoyance…
Continue reading ‘One Hours Profit for 500 Dead Ducks’.Scientists Meet to “Influence Policy” on Climate
One of the questions on Australia’s mind this week-end has been whether the intensity of the wild fires devastating large parts of Victoria is linked to climate change. The nightmare is that the scenes of total devastation they are witnessing are a sign of things to come in a warming world. There are those are…
Continue reading ‘Scientists Meet to “Influence Policy” on Climate’.Controversial Oil Leases Cancelled in Utah
I hope this one really annoys George W, the recently departed President of the United States and his oil industry cronies. In what is a signal that Obama’s administration is changing direction in relation to energy poicy on public lands, the newly installed Interior Secretary Ken Salazar has cancelled 77 highly controversial oil and gas…
Continue reading ‘Controversial Oil Leases Cancelled in Utah’.“I’m hoping that the American people will wake up”
Yesterday we had a dig at the new US Energy Secretary Steven Chu for his apparent flip-flop on the dangers of coal in relation to climate change. But at least he has started talking about the seriousness of the problem facing us. And the message is chilling. “’We’re looking at a scenario where there’s no…
Continue reading ‘“I’m hoping that the American people will wake up”’.Its Gore Versus Obama Over Coal
This one promises to be quite a fight. In the one corner stands the former US Vice President Al Gore and his Alliance for Climate Protection. In the other is current President Obama, riding high on a wave of popularity and public expectation. In the middle stands the concept of clean coal and the future…
Continue reading ‘Its Gore Versus Obama Over Coal’.BP “Exerting Too Much Influence” at the EU
Despite announcing profits of $25 billion yesterday, shares in the oil giant fell by over 4% after it reported a 24% drop in quarterly profits for the last quarter of 2008. Like the other oil majors, the company was hit by the falling oil price. Oil industry analysts said that the company’s profits were “well…
Continue reading ‘BP “Exerting Too Much Influence” at the EU’.Oz: “Heatwave shows climate scientists are right”, says Minister
The Northern hemisphere may be suffering from one of its coldest winters on record, with deep snow falls and ice blizzards, but Australia has been gripped by its worst drought in a century. And the blistering heat which has scorched southern Australia proves the accuracy of warnings by scientists, according to the country’s Climate Change…
Continue reading ‘Oz: “Heatwave shows climate scientists are right”, says Minister’.
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