Are the blues really becoming green? After his dog-sleigh ride to see melting glaciers in Norway yesterday, UK Conservative leader David Cameron, called for international targets to cut carbon emissions, as well as his support for a levy on carbon use.
Britain’s most prestigious scientific body, the Royal Society, has drawn up plans to fight renewed attempts by sceptics and industry-funded lobby groups to derail international action on climate change.
BP's pipes in Alaska might be leaking like a sieve, but its coffers are nice and healthy. North Slope crude oil closed above $70 a barrel for the first time on Wednesday – on the back of concerns about Iran and tensions in Nigeria. It was only in May 2004 that the price hit $40 a barrel for the first time. Five months later it topped $50. In August 2005 it broke $60. Now it's beyond $70. Any bets where it will stop?
More bad new for BP: It has admitted the Baku-Ceyhan oil pipeline will cost 30 per cent more than first expected. David Woodward, head of BP Azerbaijan, said yesterday the 1,768 km (1,099 mile) pipeline would cost $3.9bn (£2.18bn) rather than $2.95bn.
Although that is bad news - you just wait until the company starts experiencing corrosion problems on this pipeline. It will make its Alaska problems seem insignificant. Or so the rumour goes...