The top brass of BP and Shell will have not been amused this morning when they opened their Financial Times to see a half page advert staring at them about the ecological cost of the tar sands. The advert, entitled: “Tar sands – 23 per cent more greenhouse gas emissions than conventional oil” demands that … Read More
Day: November 30, 2011
Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years
Development Banks Still Financing Dirty Energy New Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years Nov. 30, 2011, Durban, South Africa – Major multilateral development banks have provided financing of over $40 billion to fossil-fuel energy development since 2008, according to the new Shift the Subsidies database (http://shiftthesubsidies.org), launched today by … Read More