Despite an EU commitment to phase out fossil fuel subsidies by 2020, countries across Europe are still subsidising dirty coal boy over €10 billion a year, according to new figures released by the European Commission today.
News
Europe Buckles to Canadian Bullying on Climate
A proposal to label the dirty tar sands as more polluting than conventional oil has been spectacularly abandoned by the European Commission after a four year lobbying campaign by the Canadians.
Oil “Glut” Signals Trouble for Shale and Tar Sands
There has been a huge amount written over the last few days about the plummeting oil price. One British newspaper is warning of an “oil war” as the price of Brent crude “tanks” on the back of oversupply in the market.
Exxon Lobbying to “Water Down” Russian Sanctions
Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.
“Petrolhead” set to be EU Climate Commissioner
Later today, the Spanish nomination for the new EU Energy and Climate Commissioner, Miguel Arias Cañete, will answer questions from Members of the European Parliament (MEPs) about taking up his new influential role.
Solar Could be World’s Main Power Source by 2050
How about some good news for a change? The end of the dominance of the oil age could be sooner than you think.
Rosneft Announces Arctic “Victory”
There was grim news over the weekend for those fighting Arctic drilling as the Russian energy giant Rosneft announced that it had struck oil in the world’s most northerly well, deep in the Arctic.
“Now must be our moment for action”
The actor Leonardo DiCaprio was one of a number of people to address the United Nations Climate Summit yesterday, urging them to take action to address “the greatest challenge of our existence on this planet.”
The day the polar bear beat the Wall Street bull
Yesterday was day two of the dynamic and energised protests against climate change in New York which saw several thousand activists take part in “Flood Wall Street.”
Over Half a Million Demand Action on Climate
400,000 in New York. 40,000 in London. 30,000 in Melborne. 25,000 in Paris. Thousands others in some 2,700 events across the globe in over 150 countries.