Last week, on the 5th anniversary of the Iraq War, hundreds of people stood with Oil Change International in the streets in front of the American Petroleum Institute demanding a Separation of Oil & State. They know, just as we do, that oil was the central motivation of the war in Iraq, that oil money … Read More
oil subsidies
OECD: Remove Subisidies to Fossil Fuels Now
Tackling climate change and other environmental hazards is affordable but urgent action is needed to avert irreversible damage, the Organisation for Economic Cooperation and Development (OECD) said yesterday. The 30-nation OECD said possible environmental safeguards might slow world growth by just 0.03 percent a year — meaning that by 2030 the global economy would be … Read More
GOP Should Stop “Coddling Big Oil”
Interesting op-ed from a Silicon Valley newspaper by the CEO of Akeena Solar, which calls itself America’s leading solar installer. The CEO, Barry Cinnamon, argues “This week the House of Representatives will vote on the Renewable Energy and Energy Conservation Tax Act of 2008. This act would eliminate $18 billion in tax breaks for oil … Read More
Hundreds Say World Bank Needs an Oil Change
Global coalition calls for an end to ‘oil aid’ October 19, 2007, Washington, DC. – More than 200 organisations from 56 countries are calling on the World Bank and other international financial institutions to end subsidies to the oil industry. In a statement released today, the groups refer to ‘oil aid’ as one of the … Read More
Democrats In $7 Billion Plan to Green US
The Democrat-controlled House of Representatives wants to spend almost $7bn in the coming year to reduce the nation’s enormous carbon footprint, reports the Independent. This has put it on a collision course with the White House, which still remains in denial about climate change. A major clash is expected between the White House and Congress … Read More
Public support builds for End Oil Aid Act
Today, over 30 U.S. environmental, development and faith-based organizations sent a letter to the U.S. House of Representatives (Acrobat .pdf) calling on Members to support the End Oil Aid Act. “The U.S. can play a critical role in fighting our addiction to oil, alleviating global poverty and combating climate change as we move toward a … Read More
US Government Charging Oil Companies Low Rates
A statement released June 1 by the US Government Accountability Office (the “investigative” arm of Congress), finds that “the US federal government receives one of the lowest government takes [from oil and gas development] in the world.” The testimony, delivered to Congress on May 1 but only publicly released last Friday, indicates that while there … Read More
U.S. Groups Demand Bush Heed Climate Justice Concerns at G8
A coalition of about 30 U.S. development and environmental NGOs called on President Bush today to stop standing in the way of a landmark deal on climate change at the upcoming G8 Summit in Heiligendamm, Germany. The coalition, which includes Oil Change International, Friends of the Earth U.S., Oxfam America, the Sierra Club, Action Aid … Read More
British MPs Call for an End to Oil Aid:
British Member of Parliament, Michael Meacher, has introduced an “early day motion” that calls on the British aid agency, the Department for International Development, to stop subsidizing oil companies through development agencies like the World Bank. Other Members of Parliament are invited to endorse the motion, which will stay open until November. A similar motion … Read More
Heating up for Wolfowitz at the Bank
The Government Accountability Project (GAP) is accusing beleaguered World Bank President Paul Wolfowitz of trying to weaken references to climate change in the World Bank’s Clean Energy and Investment Framework. GAP has released an internal summary of a February 2006 World Bank meeting on the Framework. The summary includes the following passage: “Feedback from the … Read More