Anyone with time on their hands and a conscience in their heart should head down to Shell’s AGM tomorrow, to join the Corporate Pirates, listen to music from The Carbon Town Crier or comedy from Hands ON Iraqi Oil. Go and show solidarity with the people of Rossport Ireland, Nigeria, Canada and beyond, who are … Read More
Month: May 2008
Exxon Faces Shareholder Revolt over Climate Change
Shell is not the only company facing shareholder anger. ExxonMobil faces a shareholder revolt led by the billionaire Rockefeller family that also has the support of four significant British institutional investors. They are calling for a shake-up in the governance of the world’s biggest oil company.
US Protects Polar Bears … but only from hunting
The United States declared the polar bear a threatened species yesterday; saying the dramatic reduction in sea ice caused by global warming has put it in imminent danger of extinction. Although this was the first time the US Endangered Species Act was used to protect a species threatened by climate change, the bears will only … Read More
Oil Sands Project Suffers Setback
Imperial Oil, Canada’s largest oil company, has lost a legal bid to overturn a federal regulatory decision that could delay the planned C$8 billion oil-sands project in Alberta. The Federal Court ruled that the government acted properly to cancel a water permit because another court found flaws in an environmental report on the Kearl tar … Read More
Its all because of warming …
Global warming is disrupting wildlife and the environment on every continent, according to an unprecedented study that reveals the extent to which climate change is affecting the world’s ecosystems. Scientists examined published reports dating back to 1970 and found that at least 90% of environmental damage and disruption around the world could be explained by … Read More
Congress Votes to Stop Filling Oil Reserve
They must be getting jittery. Fearing a political backlash over rising gasoline prices, US politicians have voted to halt deliveries to the 700 million barrel Strategic Petroleum Reserve. About 700 million barrels of oil are stored in the underground reserve on the Gulf Coast, established after the 1973 Arab oil embargo to protect against supply … Read More
Climate Change Threatens Narwhal
Another day, another species in trouble because of climate change. First the polar bear, then the koala bear and now the narwhal. New research suggests that the mysterious whale with a long spiral tusk, may be more at risk from climatic change that the better known polar bear. Researchers fear that the narwhal is so … Read More
Chavez’s Food for Oil Programme
Venezuela has announced plans to ship oil to Portugal in exchange for food products and other goods that have been running short in the South American country. Venezuela, Latin America’s largest oil producer, will send as many as 30,000 barrels of crude a day to Portugal by late 2008, President Hugo Chavez has said. He … Read More
In Peru, It’s All About The Oil
As Lima prepares to receive over 60 heads of state for the EU/LAC Summit to discuss poverty, sustainable development, climate change and energy, a grand drama of indigenous people versus oil is playing out in Peru’s vast Amazon region, 70% of which is now concessioned to oil companies. Here at the Escuela Senen Soi in … Read More
World CO2 at Record Levels
The concentration of carbon dioxide in the atmosphere has reached a record high, according to the latest figures, renewing fears that climate change could begin to slide out of control. Scientists at the Mauna Loa observatory in Hawaii say that CO2 levels in the atmosphere now stand at 387 parts per million (ppm), up almost … Read More