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Oil and Gas Producers are Setting Us on a Course for Severe Climate Change Disruption

The oil and gas industry intends to invest an estimated $4.9 trillion over the next 10 years to explore for and extract oil and gas from new fields. An analysis from Global Witness concludes that we can’t afford any production from new oil and gas fields, much less new fields, if we’re to meet the U.N. Paris Climate Agreement goals and avoid moving beyond a critical climate change tipping point.

A growing divestment movement gains traction worldwide

The Rapidly Growing Fossil Fuel Divestment Movement

There is a movement that has the potential to help the world reduce greenhouse gas emissions. That movement is the rapidly growing divestment from fossil fuels. More than 1,000 institutions that represent over $8 trillion in assets have committed to divestment. By the end of 2014, only 181 institutions with $50 billion worth of assets committed to divestment. There are…

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The risks of "produced" water from oil and gas drilling leave many investors worried

Investors Ask the Oil and Gas Industry To Disclose Water Risks

The enormous amount of freshwater used fracking operations have led a group of concerned investors to launch the Water Fueling Disclosure project.

Energy Transformation Key to Achieving Global Emissions Reductions Goals

A global energy transformation is required in order to hold global mean temperature rise below the 2 degrees C climate tipping point, according to IRENA.

The Interior Department is In Bed With the Oil and Gas Industry

President Trump signed an executive order last year promoting energy independence. The day after, Interior Secretary Ryan Zinke issued two orders with the intention of implementing Trump’s executive order. They promote the development of energy, including oil and gas, on public lands. Reuters recently reported that oil and gas drillers only bid on a “tiny fraction” of Gulf of Mexico…

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Zinke Strips Away Protections, Reduces Public Comment Period on Federal Lands

Expect more oil and gas drilling on federal lands. A new policy implemented by the Trump administration rolls back oil and gas drilling policies for federal land implemented in 2010 by the Obama administration. A recent Bureau of Land Management memo states that public review and disclosure of environmental harm from drilling and fracking will be eliminated. Stripping away protections…

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Drill baby, drill. Trump seeks to expand offshore drilling along U.S. coasts

Trump Administration Opens Up U.S. Coasts To Offshore Drilling

“Drill baby drill” is more than a mantra by those that want to increase domestic output of fossil fuels. It is a way of life, as the recent proposal by U.S. Secretary of the Interior Ryan Zinke to increase offshore drilling on both coasts proves. Zinke’s proposal would make over 90 percent of the acreage within the National Outer Continental…

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