It might be a new year but it’s the same old dirty tricks from the folks at the very unethical EthicalOil.org They are running an advertising campaign accusing leading Canadian environmental groups of being “front groups” paid by “Foreign special interests”. At the same time they have launched a highly misleading website called www.ourDecision.ca, which … Read More
Just over a decade after BP rebranded itself “Beyond Petroleum” and introduced its famous sunburst Helios logo in honour of a Greek sun god, the oil giant has fatally undermined its “green” credentials by axing its solar power business. BP argues that it “can’t make any money” from selling panels at a time when it … Read More
Canada’s Prime Minister, Stephen Harper threw down the gauntlet yesterday to anti-Keystone XL campaigners when he said Canada would sell its oil to China and other overseas markets if the controversial pipeline does not get approval. In his year-end TV interview, Harper said: “I am very serious about selling our oil off this continent, selling … Read More
Every year, the fossil fuel industry pumps more money into Congress, local governments, and advertising. They’re upping the ante to get what they want. But this year, they hit a roadblock. This year, the many stood in the way of the money and said no. From the Keystone XL pipeline to the communities that have … Read More
Senate Minority Leader Mitch McConnell (R-Ky.) announced today that he will hold the extension of middle class tax cuts hostage unless an unrelated provision about the Keystone XL oil pipeline project is included—a major handout to his Big Oil donors that could leave millions of Americans facing a tax increase in the new year. So, … Read More
Our latest report, Getting to Market: Emerging Investor Risks in the Tar Sands highlights the latest challenge facing the tar sands industry and warns investors to look more critically at industry’s ambitious claims. Download the full report Tar sands extraction projects are moving forward with increasing pace. The industry ambition is to grow production from … Read More
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.
As Canada continues to push its pro-tar sands message out across North America, Europe, Asia, it was greeted by protests at the COP17 Climate talks in South Africa. Yesterday members of the Canadian Youth Delegation were ejected from the meeting as Canada’s Environment Minister Peter Kent delivered his opening address. Just as Kent began his … Read More
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
Love it or loath it as the voice of business, you can say one thing about the Financial Times, it normally covers the energy beat with a reasonable degree of accuracy. That’s why is was so disappointing to read the latest misguided comment piece by the paper’s Washington columnist Edward Luce, in an article “Look … Read More
