We are in this fight to win it for ourselves, our pocket books, our planet, and our kids and grand kids. And this is a fight. Despite the trillion in profits big oil and gas companies are making on the backs of American consumers, they came out swinging against President Obama’s second call in his … Read More
Month: February 2011
Upton / Koch Committee’s Witnesses for Big Oil
This is a cross post from Brad Johnson and Noreen Nelson at the Center for American Progress. The House Energy and Commerce Committee, now under Republican control, is holding a hearing right now to discuss blocking the Environmental Protection Agency’s ability to reduce global warming pollution. Rep. Ed Whitfield (R-KY), who has received $9,000 from … Read More
Saudi Arabia’s “Inconvenient Truth”
New documents released by Wikileaks reveal that for over three years the Americans have been worried that Saudi Arabia may have overstated its reserves by 40 per cent or some 300bn barrels. The fact that Saudi Arabia may be overstating its reserves its nothing new, but many consider it the elephant in the room for … Read More
Posting the Wrong Message on the Tar Sands
When Canadian Prime Minister Stephen Harper met Barack Obama at the end of last week he asked the American president to support a highly controversial $7-billion pipeline that could double the amount of dirty tar sands that could be exported to the United States. TransCanada’s proposed Keystone XL pipeline has been on hold since last … Read More
Facing ten years in jail for disrupting Bush’s “crime”
There are many legacies of the Bush Administration that still blight the American landscape, but one of them could see a young environmental activist be sent to jail for ten years. Back in December 2008, Tim DeChristopher grabbed national attention when he disrupted the last oil and gas auction of the Bush Administration. Bush had … Read More
Investors Warn Over Deepwater Risks
The oil industry may be arguing that its back to business as usual after the Deepwater Horizon blowout, but the disaster is still causing major ripples within the investment community. And now the shareholders – who together represent investments of $2.5 trillion – are coming together to force through further changes. They are arguing that … Read More
Push Back Against the Climate Deniers and End Fossil Fuel Subsidies
At the same time it appears that big oil and coal climate denial campaigns are successfully stifling climate action in Congress and the Obama Administration, a group of America’s top scientists stepped up to the plate on Tuesday and called on House and Senate leaders to “take a fresh look at climate change.” And none … Read More
BP, the Russian Godfather & Rogue States
As BP reported a $5bn loss after Gulf oil spill, confusion reigns this morning whether the company will be able to pay its dividend in full. The company has publicly announced that it will pay a dividend for the first time since the Deepwater disaster. But Bob Dudley’s hopes of winning round the investment community … Read More