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Trump fast tracks unnecessary fossil fuel pipelines

Trump Signs Executive Orders to Expedite Permitting For Pipelines

If the Trump administration had an energy motto, it would be “drill, baby drill.” The administration has demonstrated its affinity for fossil fuel companies over and over. Recently, President Trump signed two executive orders that speed up the permitting process for oil and gas pipelines. It’s a decision made just a week after the KMCO chemical plant explosion in Crosby,…

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A Trump Climate Catastrophe

The Trump Administration is Far Worse for the Planet than Most Realize

We need to take stock of where we are if we are to have any chance of getting to where we need to go. After years of slow but steady climate action, the U.S. now has a climate and environment destroying president and legislature. Although Hilary Clinton won the majority of votes, under the collegiate system –which was designed to…

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High Debt Levels Put $8.9 Billion of New Shale Oil and Gas Investments At Risk

Besides low prices, falling output and actions to reduce greenhouse gas (GHG) emissions, investors face another serious threat: the high levels of debt taken on by shale oil and gas producers. The risk of default is higher among smaller U.S. shale oil and gas producers, according to a new study from Carbon Tracker Initiative.

Exxon isn't the only bad apple. The entire fossil fuel industry is rotten to the core

The Fossil Fuel Industry is Rotten to the Core

Exxon is a corporate devil but it is not alone in its demonic subterfuge. Exxon is being investigated for criminal wrongdoings and some other fossil fuel companies are also coming under legal scrutiny. In November, a criminal investigation was launched into Exxon and a month later, many other fossil fuel industry CEO’s were formally asked to clarify what they knew…

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Exxon Knew: climate deception and crimes against humanity

Exxon’s Crimes Against Humanity

It is now public knowledge that Exxon has known for decades that their core business is directly responsible for climate change. Even more damning is the fact that they covered up this knowledge. To make matters even worse, they actively participated and funded a sophisticated campaign to fuel climate denial and delay climate action as long as they could. As…

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Abandoned well of a different age: do falling oil prices signal the end of oil?

Falling Profits Augur the End of Oil

The profits of the big oil companies keep falling along with the price of a barrel of crude. In 2015, the profits of oil behemoths like Shell, Chevron, Exxon Mobil and BP tumbled. Together, these big four saw profits decline by an average of 65 percent last year. These falling margins have a cascade of impacts that are hastening the…

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Fossil fuel companies burn from their own deception

Academics on the Take: Mounting Evidence of Fossil Fuel-Funded Climate Denial

Greenpeace revealed today the results of an undercover investigation showing how fossil fuel companies secretly pay academics from leading U.S. universities “to write research that sows doubt about climate science and promotes the companies’ commercial interests,” reported Lawrence Carter and Meave McClenaghan on EnergyDesk Greenpeace today. Reporters from Greenpeace UK posing as representative from coal and oil companies approached professors from Princeton…

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