Ending Subsidies or Shifting Blame?

September 24, 2009By Andy RowellBlog Post 1 Comment

So the political road-show moves from the UN up to the G20 at Pittsburgh, where climate and the banking crisis will be on the table. And so will a discussion about ending fossil fuel subsidies. For years campaigners have been arguing for the ending of the tax breaks and other incentives given to the fossil … Read More

“So its heads I win, tails you lose”

February 12, 2009By Andy RowellBlog Post

The oil companies are beginning to look like the banks. During the good years, they cream off ridiculous profits with huge bonuses paid to senior management and directors. And in the bad times they get out of the begging bowl to ask for more money from the government.