FOR IMMEDIATE RELEASE October 13, 2015 Contact: Hannah McKinnon, hannah [at] priceofoil [dot] org Global Climate Movements Seek Fossil Fuel Company Transparency on Future Viability of Oil, Coal, Gas Heinrich Böll Foundation, Oil Change International, Climate Justice Programme Global reporting standards for extractive industries must include transparency from fossil fuel companies about the future viability of their … Read More
News
As UK Debates Fracking, New Research Links it to Premature Births
One of the communities in the UK on the front-line of the fracking debate will have the chance to quiz their local Conservative MP, as well as representatives from various leading regulators, on the dangers posed by shale gas at a public meeting this evening.
“Legislation to remove crude export restrictions is not needed at this time”
Just as the Republicans seemed to be gaining a head of steam in their efforts to overturn America’s decades-old crude export ban, the White House has announced it would veto any proposals.
30 Days to Save the Australian Bight From BP
Just as BP finally agrees to pay nearly $21 billion to settle claims relating to the disastrous Deepwater Horizon spill, the oil giant is proposing to drill four exploration wells in the Great Australian Bight, which threatens these pristine waters off the Southern coast of the country.
BP’s $21 Billion Deepwater Fine the “Punishment it Deserves”
Oil giant BP will pay nearly $21 billion to settle its 5 year old dispute with US Federal and State authorities over the Deepwater Horizon oil spill, which killed eleven workers, and spilt millions of gallons of oil across the Gulf of Mexico.
Carney’s Talk a “Sobering Climate Change Wake-up Call for Canadians”
The speech by Mark Carney, the Governor of the Bank of England, earlier this week about the risks of climate change and “stranded assets” has certainly stirred up the debate about global warming.
Governor of Bank of England Warns of Climate Change and the “Tragedy of the Horizon”
For years a growing number of voices – from activists, analysts and scientists – have been warning that we cannot afford to burn all the reserves of fossil fuels if we are going to keep global warming to 2 degrees. They argue that huge amounts of oil, coal and gas risk becoming “stranded assets”, which can never be burnt.
Shell’s Troubles Mount After “Staggering” Arctic Failure
Twenty four hours after Shell’s seismic announcement that it was pulling out of the Arctic “for the foreseeable future” the announcement is still making waves.
What went right? Why Shell lost its bet in the Arctic
Royal Dutch Shell announced this morning that it would be abandoning its exploration program in the U.S. offshore Arctic for the “foreseeable future” (see our response here). After more than 7 billion dollars and many seasons of almost unbelievable mishaps – Shell made the call along with an announcement that this season’s efforts had failed … Read More
Oil Change International Statement on Royal Dutch Shell’s Arctic Retreat
In response to Royal Dutch Shell’s announcement that they will end exploration in the U.S. offshore Arctic for the “foreseeable future”, Oil Change International has released the following statement from Executive Director Stephen Kretzmann: “This is a great day for the Arctic, the climate, and for everyone around the world that has worked so hard … Read More