Posts in Climate Change
- 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.
- 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...
Continue reading 'What went right? Why Shell lost its bet in the Arctic'.
- 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...
Continue reading 'Oil Change International Statement on Royal Dutch Shell’s Arctic Retreat'.
- If nothing else, President Obama’s energy and climate policy is certainly contradictory. Although desperate to have a positive legacy, he has recently been criticised for allowing Shell to drill for oil in the Arctic just days before visiting the Arctic himself to warn about climate change.
- The Cost of Subsidizing Fossil Fuel Production In Turkey: Why Turkey Should Implement the G20 Commitment To Phase Out Fossil Fuel Subsidies Oil Change International and 350.org September 2015 Market distorting subsidies to fossil fuels contribute to greenhouse gas (GHG) emissions and impede the transition to sustainable, low-carbon development. In 2009, G-20 countries committed to phase out “inefficient” fossil fuel...
Continue reading 'The Cost of Subsidizing Fossil Fuel Production In Turkey'.
- Over the past week, virtually every article on the President’s trip to Alaska to highlight the impacts of climate change, has in the next breath mentioned the President’s approval of Shell’s arctic drilling. The allegation made vocally by the environmental community is that these two things are deeply contradictory, and blatantly hypocritical. It’s an allegation...
Continue reading 'A Convenient Lie: Why Fossil Fuel Supply Matters for the Climate'.
- President Obama’s Arctic tour continues to make global news. Yesterday Obama, who has become the first President to visit the Alaskan Arctic, warned that “Climate change is no longer some far-off problem; it is happening here, it is happening now.”
- On Monday, President Obama and Secretary Kerry are going to Alaska. Their main goal (as we talked about here) is to see the front lines of climate change first hand. Yet at the same time, in the same region, Royal Dutch Shell is now powering ahead with its newly approved summer 2015 drilling season.
- The EIA's Reference Case forecasts show us the energy future we need to avoid for a safe climate. Yet the Obama Administration uses these forecasts as the basis for drilling in the Arctic and elsewhere on Federal Lands and the Outer Continental Shelf.
- In the lead up to the Canadian federal election, the economy is front and centre, but not in the way the incumbent government would have liked. The Conservatives have gone to great lengths to brand themselves as good economic managers, but with the Canadian dollar hitting its lowest point in over a decade, their election...
Continue reading 'How low can it go? Collapsing crude in election season'.
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