The UK Supreme Court has ruled that two Nigerian communities – of more than 50,000 people – can bring their legal claims for clean-up and compensation against Royal Dutch Shell and its Nigerian subsidiary in the English courts.
A new scientific study has concluded that in 2018, pollution linked to the burning of fossil fuels killed nearly nine million people that year. In perspective that’s one in five people who died globally in 2018.
As Big Oil loses billions, the global ratings agency, S&P has announced it was placing ExxonMobil, Chevron, Shell and Total on a so-called “credit watch”.
Last Friday, in an historic judgement, Shell’s day finally came. A Dutch court ordered that Shell’s Nigerian subsidiary pay compensation for oil spills in the Niger Delta that stretch back decades. Do not underestimate this moment.
The raft of new bold climate policies by Joe Biden has left the oil industry “stunned” with fossil fuel stocks “plunging” due to his actions.
President Joe Biden has made good start on climate change. But one area that the President is coming under pressure is to take action over fossil fuel subsidies and finance.
And so as President Biden sets to work on his programme for his first 100 days, there is increasing hope for significant on climate change rising from the toxic legacy of the Trump Administration.
There are numerous press reports that Biden plans to scrap the highly controversial $9 billion Keystone XL pipeline on his first day in office.
From a climate perspective, Trump’s presidency was a disaster. The world burned on Trump’s watch
Pressure is growing on prominent oil companies, such as Exxon and Chevron, to cut financial ties with key Republican members of Congress who have adopted Trump’s false narrative that the election was somehow stolen.