Organizations from frontline communities – where Americans that are most impacted by climate change and the fossil fuel industry live – and organizations working in solidarity with them, are urging lawmakers to reject the FUTURE Act (S.1535) and the Carbon Capture Act (H.R.1379) – and to oppose its inclusion in a tax policy package.
More than 30 environmental, public health, consumer, and climate groups delivered a letter to members of Congress in opposition to the FUTURE Act (S.1535) and Carbon Capture Act (H.R.3761) – and any attempts in a tax policy package to extend or expand subsidies for enhanced oil production.
This analysis explores the oil production, carbon emissions, and taxpayer cost implications of the proposed changes to Section 45Q in the U.S. tax code in S.1535 and H.R.3761.
Communities in Houston, Florida, Louisiana, Puerto Rico, and California are just beginning the long road to recovery from disasters made worse by climate change. It would seem downright irresponsible to increase taxpayer handouts to spur fossil fuel production at a time like this. But that’s exactly what’s being proposed in Washington.
Environmental activists across the globe are celebrating this morning after the energy giant E.On shelved its controversial plans for a new coal fired power station at Kingsnorth in Kent in the UK. Blaming the recession and not the sustained three-year campaign to stop it, E.ON, said the fall for electricity had caused it to re-think.
Twelve years ago the oil giant Shell announced it had established a fifth core business – called Shell International Renewables or SIR- which was designed to exploit the growing renewable market. Over a decade later, the oil company has beat a humiliating retreat out of the main renewable market. In March this year Shell came … Read More
Much to the utter dismay of climate scientists, the British Government is to announce a new generation of coal-fired power plants to stave off a potential energy crisis. The plants will also use unproven carbon capture and storage (CCS) technology to try and pump CO2 emissions under the sea. Each CCS could cost more than … Read More
Politicians may be talking about a “Green New Deal”, and how environmental technologies will kick-start the economy out its current crisis, but one of the world’s largest oil companies does not agree. In a hugely important decision, which will have serious ramifications for both the company and wider energy debate, Shell has said that it … Read More
Two weeks ago a jury in Britain ruled that it is acceptable to break the law if you are protesting against climate change. They acquitted six Greenpeace protestors who had been charged with $70,000 worth of criminal damage after painting the side of the controversial Kingsnorth coal-fired powered station. Now Al Gore, the former vice … Read More
At a briefing today on the Stategic Framework on Climate Change and Development, a World Bank official conceded that the proposed “Clean Technology Fund” might better be called the “Slightly Cleaner Technology Fund,” but said she would not go so far as to call it the “Dirty Technology Fund.” Addressing Members of the UN Permanent … Read More