If shivering with cold dark for days in sub-zero temperatures was not enough for many Texans, those lucky enough to still have electricity during the recent freezing weather have been hit with exorbitant electricity bills.
Blog Post
Secretive Treaty allows Big Oil to sue for hundreds of billions to stop fossil fuel phase out
It’s the Treaty you have never heard of. But it’s the one that could affect your future and your children’s future.
Blame gas and coal shortages, not renewables, for Texas blackouts
The devastating deep freeze continues to cause havoc in Texas and other southern states in the United States.
Another “watershed moment” as UK’s top court rules Nigerians can sue Shell too
The UK Supreme Court has ruled that two Nigerian communities – of more than 50,000 people – can bring their legal claims for clean-up and compensation against Royal Dutch Shell and its Nigerian subsidiary in the English courts.
One in five deaths worldwide linked to fossil fuels in 2018
A new scientific study has concluded that in 2018, pollution linked to the burning of fossil fuels killed nearly nine million people that year. In perspective that’s one in five people who died globally in 2018.
As Big Oil loses $70 billion in 2020, it faces a credit risk downgrade.
As Big Oil loses billions, the global ratings agency, S&P has announced it was placing ExxonMobil, Chevron, Shell and Total on a so-called “credit watch”.
ExxonMobil’s climate plans are still “grossly insufficient”
Last year, we rated ExxonMobil as “grossly insufficient” on all ten of the criteria. There are tiny steps forward in the new announcement, but nothing that changes any of our ten metrics from “grossly insufficient” to “insufficient,” let alone to even “partial alignment.”
Justice! Landmark judgment against Shell opens floodgates to hold companies accountable
Last Friday, in an historic judgement, Shell’s day finally came. A Dutch court ordered that Shell’s Nigerian subsidiary pay compensation for oil spills in the Niger Delta that stretch back decades. Do not underestimate this moment.
Oil industry “stunned” by Biden’s fast action on fossil fuel finance & drilling on public lands
The raft of new bold climate policies by Joe Biden has left the oil industry “stunned” with fossil fuel stocks “plunging” due to his actions.
Pressure builds on Biden after EU promises to act on fossil fuel subsidies
President Joe Biden has made good start on climate change. But one area that the President is coming under pressure is to take action over fossil fuel subsidies and finance.