Posts in Unburnable Carbon
- Nobel Peace Laureates have added their voices to the call to permanently protect the Arctic from oil and gas exploration and production. In a letter sent today to members of the Arctic Council, the signatories point out that, “nations who share borders in this remarkable region also share an obligation to protect it…both by tackling...
Continue reading 'Nobel Laureates call for Arctic protection'.
- Quick out of the gates this morning, Canada and the U.S. released their joint statement on climate, energy and Arctic leadership in the midst of Prime Minister Trudeau’s official Washington visit. Finding themselves on similar pages when it comes to the need for action on climate, Trudeau and Obama used the opportunity to focus on...
Continue reading 'Unpacking the U.S.-Canada joint statement on climate, energy, and Arctic leadership'.
- For some years now a growing number of activists, scientists and analysts have been warning that, if we are going to keep global warming to 2 degrees Celcius, that a significant quantify of fossil fuel reserves can never be burnt.
- 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'.
- 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.
- 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'.
- Yesterday, the President released a video that I desperately want to love. It’s powerful, visually striking, and the rhetoric is near bang on. Announcing an upcoming trip to Alaska, President Obama confronts the need for climate action head on. He is going to Alaska, he says, because it is on the front lines of climate...
Continue reading 'A love hate relationship: The President’s new climate change video'.
- When you think of the Arctic, you may picture vast glaciers, frigid waters, miles of ice, and probably the quintessential polar bear. The Arctic has been the final frontier for centuries: the ends of the earth. But a new reality is setting in in the region – a reality of a changing climate, and the...
Continue reading 'Untouchable: The climate case against arctic drilling'.
- The conclusion of an article in the Financial Times the other day was that there was only one way to explain three recent major bets by Royal Dutch Shell, including its 7 billion dollar bet (and counting) on Arctic Oil: the company must know something we don’t because objectively these plays don’t make a lot...
Continue reading 'Shell’s big bets – a sign of desperate times?'.
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