Chelsea Tractors Take Over London

February 13, 2006By Andy RowellBlog Post 1 Comment

To their admirers, they are the latest must-haves in status, style and chic. To their critics, they are dangerous, polluting and gas guzzling brutes. Known as Chelsea tractors they are urban 4X4s or SUVs. But the news that Londoners are the most likely people in the whole of the UK to buy 4X4s will come … Read More

That Sinking Feeling

February 10, 2006By Andy RowellBlog Post

The British Environment Agency has calculated that over two million homes are at risk of being flooded, a situation that will get worse because of climate change. “The risk of flooding is ever present, and increasing”, says the Environment Agency (EA). Despite everyone knowing that climate change will make matters worse, developers are still trying … Read More

Evangelical Chistians Now Urge Bush to Act on Climate

February 9, 2006By Andy RowellBlog Post

The fight against climate change received an unexpected boost yesterday when 86 evangelical Christian leaders in American backed a major initiative to fight climate change.  A statement they released said: “millions of people could die in this century because of climate change, most of them our poorest global neighbors.” The statement continued: “For most of … Read More

A good old pension – pity about the climate

February 8, 2006By Andy RowellBlog Post

Yesterday saw BP join Shell and Exxon in reporting record profits of $19.3bn (£11bn). What the three company results highlight is the fundamental flaw of how they are valued by city investors. As both Shell and BP posted record profits their share price actually went down as the profits were not as large as some … Read More

Old School Profits – More on Exxon Mobil’s fat profits

January 31, 2006By Andy RowellBlog Post

The news that ExxonMobil has just posted the highest profits in history should bring down to earth those congenital optimists who, for the last 20 years or so, have been claiming that the best way to do well is to do good. ExxonMobil got their record-breaking billions the old fashioned way: through high oil prices.

Exxon Mobil Makes Biggest Profit in Corporate History

January 31, 2006By Andy RowellBlog Post

Oil giant Exxon Mobil yesterday reported the biggest profit in corporate history- some $36.1bn (£20bn) after tax for 2005. The profit was on the back of soaring oil prices. The company’s turnover – some $371bn – would make it the 17th biggest economy, just behind Russia but ahead of Taiwan or Sweden. The obscene profit … Read More

UK Climate Change Strategy “Paralysed”

January 31, 2006By Andy RowellBlog Post

More on that story of Britain’s stagnated climate change strategy. The Guardian reports how the strategy has “been paralysed for seven months by a dispute between two Whitehall departments.” So yesterday we find out that Blair says climate change is worse than previously thought – the greatest threat facing humanity. Today we read about the … Read More

Even Blair Says We are in Trouble Because of Climate Change

January 30, 2006By Andy RowellBlog Post

Britain’s Prime Minister Tony Blair has admitted that climate change could be much more serious than previously thought in a new government report on global warming published today. The report is a major update to a scientific conference held in Exeter last year by the British government on the subject.