Posts in June 2009
Wiwa v Shell Settled
The ShellGuilty Campaign: ROYAL DUTCH SHELL FORCED TO SETTLE HUMAN RIGHTS CASE OUT OF COURT Damning Evidence Reveals Shell’s Complicity with Crimes Against Humanity; Landmark Case Resolved in Favor of Families of Executed Nigerian Environmental Leader Ken Saro-Wiwa and Others After 14 Year Legal Battle New York– After legal battles lasting nearly fourteen years, oil…
Continue reading ‘Wiwa v Shell Settled’.Shell Warns of “Oil Spikes” as its Tar Sands Strategy is Criticised
The outgoing CEO of oil giant Shell, Jeroen van der Veer, has warned of “oil spikes” in the years to come as investment in the oil industry fails to keep up with demand. “There are going to be six to nine billion people by 2050 and it means more energy use, especially in this part…
Continue reading ‘Shell Warns of “Oil Spikes” as its Tar Sands Strategy is Criticised’.“Our oil will be a blessing and not a curse”
As president Obama reads the reactions to his first fleeting visit to the Middle East, his first proposed African visit is also causing quite a stir. In just over a month, Obama will undertake his first visit to the continent. The country he will visit is not the powerhouse of West Africa, Nigeria, but its…
Continue reading ‘“Our oil will be a blessing and not a curse”’.Shell’s Operations Present “Climate Risk” to Investors
Last month, a ground-breaking study by Oil Change and other NGO’s calculated that Shell was the world’s most carbon intensive oil company, per barrel of oil equivalent to be produced. The main reason for this is its massive expansion into Canada’s climate intensive dirty oil sands. The report looked at the carbon intensity of the…
Continue reading ‘Shell’s Operations Present “Climate Risk” to Investors’.Shell Under Fire on all Sides
We will hear shortly when Shell will finally face charges of being complicit in human rights abuses in a New York court room, after the trial was delayed from last week. The pioneering court case is continuing to generate international news: it was the first item on the BBC’s flagship Today Programme, and has been…
Continue reading ‘Shell Under Fire on all Sides’.Carbon Offsetting is “Fundamentally Flawed”
As the pressure for an international deal grows in Copenhagen, one of the corner-stones of any solution will be carbon offsetting, where rich, polluting countries supposedly offset their rising emissions by investing in “clean” projects in developing countries. Off-setting will be high on the agenda at the next round of climate talks in Bonn this…
Continue reading ‘Carbon Offsetting is “Fundamentally Flawed”’.The End of the Road
Within hours, the giant will be dead. General Motors will be no more. The world’s largest car maker will file for bankruptcy in a New York court room. With $176.4bn of liabilities – it will be the world’s largest industrial bankruptcy, the world’s third largest to date, after Lehman Brothers and Worldcom. The colossus of…
Continue reading ‘The End of the Road’.
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