What oil subsidies is Obama targeting?

January 26, 2011By Steve KretzmannBlog Post, Featured 1 Comment

Last night, The President once again proposed ending subsidies to the oil industry.  As we’ve said before, this is a great idea, and should be supported in full. That said, although we haven’t seen details, it’s quite unlikely that the Administration is proposing to eliminate all these subsidies.  First, there is an important difference from … Read More

The Oil Boom is Back

January 24, 2011By Andy RowellBlog Post, Featured

A new report by the energy consultancy, PFC Energy, is arguing that the center of the global energy industry is slowly shifting away from the oil majors. Publicly traded companies in Russia, China and Brazil are taking more of the top spots in its influential global ranking of the world’s energy giants. In part to … Read More

A €30 Million Joke

January 21, 2011By Andy RowellBlog Post, Featured

For a long time the concept of carbon trading has had its critics. The primary one is that trading carbon does not really get rid of the problem: the emissions of carbon dioxide. It merely changes pollution into a commodity that can be traded. As the NGO Carbontrade Watch argues: “Carbon offsets allow companies and … Read More

CO2 emissions to rise by 25% in 20 years, says Big Oil

January 20, 2011By Andy RowellBlog Post, Featured

We are on the path to climate chaos, Big Oil has admitted. Both BP and Exxon have conceded that progress on climate change is totally insufficient to stabilize CO2 emissions. Both oil companies have just published their Energy Outlooks, and the outlook looks grim. In a bleak prognosis for success on reducing carbon dioxide emissions, … Read More

Nat King Coal

January 19, 2011By Andy RowellBlog Post, Featured

There is a new climate villain on the bloc. No its not a big oil company. But a 39 year old aristocrat banker from Britain. Nathaniel Rothschild, commonly known as “Nat” comes from a dynasty that is built on banking and wine. But Nat, “who has sometimes struggled to live up to the dynastic name”, … Read More

EPA 1: Big Coal 0

January 14, 2011By Andy RowellBlog Post, Featured

So its game on. The EPA may be under attack from the Republicans, but its not rolling over and waiting to be stripped of its powers, without a fight. It is taking on Big Coal in the battle over mountain top removal. In what is being seen as an historic decision, the EPA has said … Read More