Big Oil’s twilight could happen faster than many have predicted.
Month: May 2016
Reaction: 2025 fossil fuel subsidies deadline in G7 Leaders’ Declaration
FOR IMMEDIATE RELEASE May 27, 2016 Contact: Alex Doukas, alex [at] priceofoil [dot] org G7 leaders call for end to fossil fuel subsidies worldwide by 2025 In response to the G7 Leaders’ Declaration released today, where world leaders for the first time established a deadline on their commitment to phase out fossil fuel subsidies, Alex Doukas, Senior … Read More
Oil Change International applauds introduction of the FAIR Energy Policy Act by Senator Schatz
With the climate crisis advancing at an ever-quickening pace, an immediate step toward the solution should be to stop funding fossils. This bill helps to do just that.
Hey Rex: “Real Men – They Discover Renewables”
The boss of oil giant Exxon, Rex Tillerson, will be an “oil man” until the day he dies. And on yesterday’s performance at the company’s AGM this old oil dinosaur is not going green anytime soon.
Reaction: ExxonMobil Shareholders Meeting
Today’s ExxonMobil shareholders meeting has been a stark example of Exxon’s continued intransigence when it comes to climate change.
Swept Under the Rug: How G7 nations conceal public financing for coal around the world
In providing public finance for coal projects, Japan ranks as the worst offender among the G7 nations for supporting more than $22 billion in overseas coal projects from 2007-2015, and for plans to finance another $10 billion in future coal projects. Other G7 nations also financed coal development between 2007-2015
What do Japan and the tobacco industry have in common?
“Cigarettes are good for you.” The tobacco industry successfully peddled this myth for decades. Today, nobody would believe them, and the boldness of the lie seems staggering in retrospect. But Japan, under the leadership of Prime Minister Shinzo Abe, seems determined to give the tobacco industry a run for its money with another big lie: … Read More
Scientists Warn of 10C Warming as we “Dial up Earth’s Thermostat”
Nearly every week a new record is being broken on climate. And now scientists are predicting that we could heat up the earth by a totally unsustainable 10C if all fossil fuels are burnt.
BP’s “Sunken Cities” Exhibition is “Beyond Parody”
Oh dear, BP. Last week was a lesson in how corporate sponsorship of the arts backfires badly.
Reaction: Kinder Morgan Pipeline proposal a recipe for climate disaster
Today’s decision does not mean the Kinder Morgan project will be built. The company faces an insurmountable wall of opposition in B.C.