The Keystone XL pipeline has been presented as a boon to U.S. energy security by its proponents. It is no such thing.
Reports
Getting to Market: Emerging Investor Risks in the Tar Sands
Tar sands extraction projects are moving forward with increasing pace. The industry ambition is to grow production from today’s level an extraordinary 140 percent by 2025.
Unclear on the Concept: How Can the World Bank Group Lead on Climate Finance Without an Energy Strategy?
The World Bank Group is experiencing clear difficulties in synching its core lending and its energy strategy with climate goals, and the institution has taken steps that can easily be viewed as creating a conflict of interest. Given these difficulties and contradictions, the institution should focus on cleaning up its own act before making further forays into climate finance initiatives.
Payback Time? The Super Committee and Fossil Fuel Subsidies
The Joint Select Committee on Deficit Reduction, also called the “supercommittee,” must vote by November 23rd on a plan that would reduce the deficit by at least $1.5 trillion. Ending taxpayer subsidies to oil, gas, and coal companies has been suggested by Democratic leaders in Congress and many organizations as something for the chopping block
Report: Exporting Energy Security: Keystone XL Exposed
Keystone XL will not lessen U.S. dependence on foreign oil, but rather transport Canadian oil to American refineries for export to overseas markets.
Access to Energy for the Poor: The Clean Energy Option
A dual focus on increasing access to energy services for the world’s poorest and promoting clean sources of energy is a win-win scenario for development and the environment.
Reserves Replacement Ratio in a Marginal Oil World
Our research found that at least four of the top six IOCs have significantly relied on tar sands reserves additions to support RRR rates in the past five years. As a percentage of total liquids additions, tar sands represents between 26% and 71% of reserves additions for these four companies.
World Bank Group Energy Financing: Energy for the Poor?
This study finds that none of the World Bank Group’s fossil fuel finance directly targets the poor or ensures that energy benefits are reaching the poor.
Tar Sands in Your Tank
This report reveals that petroleum products containing tar sands crude oil have been regularly entering the EU’s petroleum supply chain for some time, primarily through imports of diesel from the US Gulf Coast. If the proposed Keystone XL pipeline is built, bringing tar sands from Alberta to Gulf Coast refineries, the amount of tar … Read More
Shell’s Big Dirty Secret
This new research paper rates the carbon intensity of the top international oil companies, revealing that Shell is now the most carbon intensive oil company in the world based on its total resources.