“There is no regulatory framework for fracking that will keep the toxins out of air and water, or will protect the climate from carbon and methane releases. It can’t be done. It can’t be made safe. Like lead paint, we finally have to ban it.”
The European Investment Bank (EIB) is the world’s largest multilateral lender, bigger even than the World Bank. As a public bank, it’s tasked with providing finance in the EU public interest, and it has an outsized influence on the EU’s energy system because of the private investment it can “crowd in” and the sheer amount of money it has at its disposal.
Yesterday, Britain’s fledgling shale gas industry was dealt another significant blow when three senior judges overturned a draconian injunction that had been granted to the company, INEOS, against anti-fracking campaigners.
One of Britain’s elite cycling teams has just announced that its new sponsor will be the UK’s richest man, petrochemical and fracking boss, Sir Jim Ratcliffe.
The UK’s fledgling fracking industry was dealt another significant nail in its coffin today when the High Court ruled that the current guidance from the Government on shale gas is “unlawful”.
“Energy Transfer’s projects across Pennsylvania and the country continue to trample Indigenous rights, endanger communities, land, and water, and wreck the climate,” said Collin Rees of Oil Change International. “Until these projects are shut down permanently, that’s not going to change.”
“We are concerned for the safety of our residents and our dogs”
Two years into his Presidency, the fullblown cost of Donald Trump’s assault on human health, the environment and on science is becoming brutally and painfully clear.
A new study released today by Oil Change International and 17 partner organizations makes it clear that managing a rapid and equitable decline of U.S. fossil fuel production must be a core component of any comprehensive climate policy.
Canadian Prime Minister Justin Trudeau has another crisis on his hands and once again his administration seems to be ciding with oil and gas. His political legacy is on the line once more.