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Posts in November 2011

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  Tar Sands: “No Safe Way to Market”

  Andy Rowell

  Nov30

  The top brass of BP and Shell will have not been amused this morning when they opened their Financial Times to see a half page advert staring at them about the ecological cost of the tar sands. The advert, entitled: “Tar sands – 23 per cent more greenhouse gas emissions than conventional oil” demands that…
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• Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years

  Elizabeth Bast

  Nov30

  Development Banks Still Financing Dirty Energy New Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years Nov. 30, 2011, Durban, South Africa – Major multilateral development banks have provided financing of over $40 billion to fossil-fuel energy development since 2008, according to the new Shift the Subsidies database (http://shiftthesubsidies.org), launched today by…
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  A Culture Beyond Oil

  Andy Rowell

  Nov29

  “There is no money that is completely pure”, so says Nicholas Serota, the Director of the Tate gallery in London that is under fire once again for taking oil money from BP and Shell. Serota is right in many ways, there is no such thing as clean money but some funding is dirtier than others….
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  Civil Society to World Bank: Clean Up Dirty Energy Financing

  Elizabeth Bast

  Nov29

  New report shows institution lacking clean energy lending strategy and instead considering a new loan for coal power in Kosovo BASIC South Initiative – Campagna per la riforma della Banca Mondiale (Italy) – Friends of the Earth U.S. – groundWork (South Africa) – International Rivers – Oil Change International – Sierra Club (U.S.) – Urgewald…
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• 

  Tar Sands: Britain is “Canada’s Partner in Crime”

  Andy Rowell

  Nov28

  Late last week on the eve of the Durban climate talks, the British Climate Change secretary, Chris Huhne boasted that Britain was showing “leadership” in the UN negotiations. But whilst Britain is bragging about leading the climate change fight, it is still leading the pro-tar sands charge in Europe; a somewhat hypocritical position. This dirty…
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• 

  Shale Gas “Will Wreck Climate Commitments”

  Andy Rowell

  Nov23

  Further to my blog earlier in the week criticising the Financial Times’ new “let’s happily drill the land of plenty” philosophy to oil shale and gas, of course there is downside to these new found reserves of oil. The big fat elephant in the room missed by the FT and ignored by the oil industry…
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• 

  Chevron Faces Possible Brazil Drilling Ban

  Andy Rowell

  Nov22

  Eighteen months after the Deepwater Horizon disaster, we have another country threatening to ban an oil company after a deep water spill. Yesterday it was Brazil’s turn to say it might ban Chevron from drilling in its deep water oilfields as punishment for the 3,000 barrel oil spill from the company’s Frade project. Chevron has…
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• 

  Don’t Look Away Now

  Andy Rowell

  Nov21

  Love it or loath it as the voice of business, you can say one thing about the Financial Times, it normally covers the energy beat with a reasonable degree of accuracy. That’s why is was so disappointing to read the latest misguided comment piece by the paper’s Washington columnist Edward Luce, in an article “Look…
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• Dave Camp: You Get What You Pay For

  Lorne Stockman

  Nov18

  Written by Ross Hammond The fossil fuel industry is nothing if not clever. Rather than try to defend on the merits of their taking billions of dollars a year in government handouts, they’ve decided to change not only the conversation, but the language itself. So for example an attempt to repeal some of the oil…
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• Pat Toomey: Drill-Baby-Drill, Even in Lake Erie

  Lorne Stockman

  Nov17

  Written by Ross Hammond Residents of Cleveland and Buffalo (where I grew up) might be forgiven if they were not terribly excited about the prospect of having oil rigs off the shores of their fair cities. But according to Supercommittee member Senator Pat Toomey of Pennsylvania, drilling for oil in Lake Erie might just be…
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