Tag Archives: Big Oil

Investors Controlling $2.5 Trillion Stand With Indigenous People Against Trump Plan to Drill ‘Sacred’ Arctic Refuge

“Any oil company or bank that supports drilling in the Arctic National Wildlife Refuge…would be associated with trampling on human rights, destroying one of the world’s last remaining intact wild places, and contributing to the climate crisis.”

By Julia Conley, staff writer for Common Dreams. Published 5-14-2018

Investors and indigenous people alike appealed to oil and gas companies on Monday, demanding that they end efforts to drill for fossil fuels in the Arctic National Wildlife Refuge. (Photo: Alaska Region USFWS/Flickr/cc)

An indigenous group was joined by investors controlling trillions of dollars in assets on Monday as they called for fossil fuel companies and the banks that fund them to end efforts to drill in the Arctic National Wildlife Refuge—making clear that harming the protected land is bad for business as well as destructive to indigenous groups’ land and the environment.

“We strongly urge banks and oil and gas companies to honor their fiduciary duty to investors and refuse to engage in drilling in the Arctic Refuge,” the investors wrote. “We, as investors, encourage expanding support for the wide range of clean energy solutions and sustainable industries in Alaska, instead of helping to destroy this natural wonder.” Continue reading

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#ShutDownChase: Environmentalists Occupy Bank’s Seattle Office to Denounce Its Funding of Climate Disaster

350.org Seattle says that since President Donald Trump took office, “JPMorgan Chase has quadrupled its investments in tar sands and increased its financing of coal by 2,100%.”

By Jessica Corbett, staff writer for Common Dreams. Published 5-7-2018

Female environmentalists occupied one of JPMorgan Chase’s bank lobbies in Seattle to demand divestment from fossil fuels. (Photo: @350_Seattle/Twitter)

With JPMorgan Chase’s annual shareholder meeting set to take place in Texas next week, 350.org Seattle and five other environmental groups organized a demonstration to protest the bank’s ongoing investment in fossil fuels, particularly tar sands.

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With Tax Scam Complete, GOP Caucus Unveils Insane Budget Blueprint to Attack Safety Net

Programs like Social Security and Medicare are gutted while tax cuts are made permanent in plan

By Andrea Germanos, staff writer for Common Dreams. Published 4-26-2018

Rep. Mark Walker (R-NC) is the chair of the Republican Study Committee, a far-right caucus for House Republicans.

An ultraconservative Republican House caucus on Wednesday put forth its spending plan that represents a draconian wishlist of attacks on the social safety net and consumer and environmental protections while including a plan to further enrich the wealthy by making making permanent parts of the GOP tax plan.

The budget blueprint from the Republican Study Committee (RSC)—and titled A Framework of Unified Conservatism—says it “would take unprecedented steps to begin the deconstruction of the administrative state” and would cut $12.4 trillion over the next decade from federal spending. Continue reading

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On Earth Day, Trump Gives Giant Pro-Capitalism ‘Middle Finger’ to Entire Planet

And so at least a few people gave it right back.

By Common Dreams. Published 4-22-2018

In Trump’s statement released by White House on Sunday, the president said, “We know that it is impossible for humans to flourish without clean air, land, and water. We also know that a strong, market-driven economy is essential to protecting these resources.” (Photo: Instagram/@jaaawsh)

In a giant “middle finger” to the planet on Earth Day, President Donald Trump on Sunday put out a statement in which he called for an even deeper evisceration of environmental protections as he claimed a “market-based economy” was essential to protecting natural resources and also reaffirmed his commitment to “removing unnecessary and harmful regulations that restrain economic growth.”

As experts and environmentalists have detailed ad nauseam, Trump—with the dedicated help from his EPA administrator Scott Pruitt—has been relentless, if not consistently successful, in destroying environmental protections and undermining any and all quality efforts designed to protect the nation’s air, water, and natural beauty. In addition, the president has become the leader of a Republican Party that continues its cynical denial of the threat posed by global warming and the associated climate crisis.  Continue reading

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‘Incredible’ News as Banking Giant HSBC Ditches New Coal, Tar Sands, and Offshore Arctic Drilling Projects

The development is “yet another signal to Donald Trump and the rest of the world that, despite their worst laid plans, the era of fossil fuels is coming to a close.”

By for Common Dreams, Published 4-20-2018.

Climate groups applauded HSBC’s announcement that it is moving away from fossil fuels. (Photo: ItzaFineDay/flickr/cc)

In another signal that “the era of fossil fuels is coming to a close,” Europe’s biggest bank, HSBC, announced Friday that it will no longer fund oil or gas projects in the Arctic, tar sands projects, or most coal projects.

The move was cheered by climate campaigners on social media, who said, “This is huge,” and called it “incredible news.”

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Shell Knew, Too: New Docs Show Oil Giant’s Scientists Secretly Warned About Climate Threat Decades Ago

“These reports reaffirm that fossil fuel companies have been—and always will be—bad actors,” said 350.org’s executive director

By Jessica Corbett, staff writer for CommonDreams. Published 4-5-2018

“Although CO2 is emitted to the atmosphere through several natural processes,” a 1988 Shell report states, “the main cause of increasing CO2 concentrations is considered to be fossil fuel burning.” (Photo: FraserElliot/flickr/cc)

Royal Dutch Shell’s scientists warned the oil giant about the threat that fossil fuel emissions pose to the planet as early as the 1980s, according to a trove of documents obtained by a Dutch journalist and published Thursday at Climate Files.

Environmental advocates say the documents—which bolster an investigative report published last year—demonstrate the “stunning” immorality of oil and gas companies. The records are expected to aid global efforts to hold the industry to account for its contributions to global warming. Continue reading

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Judge Drops Charges Against 13 Who Argued Pipeline Civil Disobedience Action Was “Necessary” to Save Planet

“We are part of the movement that’s standing up and saying, ‘We won’t let this go by on our watch.'”

By Andrea Germanos, staff writer for CommonDreams. Published 3-28-2018

Defendants and legal team pose for a photo after their March 27, 2018 trail on the steps of the West Roxbury, Mass. courthouse. (Photo: Peter Bowden/flickr/cc)

Climate activists are cheering after a district judge in Boston on Tuesday ruled that 13 fossil fuel pipeline protesters were not responsible for any infraction because of the necessity of their actions.

Bill McKibben, who was slated to be an expert witness in their case, tweeted a celebratory “Good golly!’ in response to the ruling, adding, “This may be a first in America. ” Continue reading

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As Trump Fights to Kill Chemical Safety Rule, Workers Injured as Massive Explosion Rocks Texas Chemical Plant

The EPA was in court on Friday to defend against its decision to delay implementation of federal regulations that aim to prevent this type of disaster

By Jessica Corbett, staff writer for CommonDreams. Published 3-16-2018

A fire burns at the Tri-Chem Industries plan in Cresson, Texas on Thursday March 15, 2018. (Photo: KDFW/screenshot)

While the Trump administration continues its push to stymie and roll back federal regulations by fighting in court to uphold a delay of the Chemical Disaster Rule, hazardous materials crews are searching for a worker presumed dead after an explosion at a Texas chemical plant.

Two other workers were injured Thursday in the blast at the Tri-Chem Industries plant in Cresson, which is about 50 miles southwest of Dallas. Efforts to battle the blaze were temporarily halted by concerns about exposure to toxic fumes and the subsequent explosions. Continue reading

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#ProtectTheInlet: Massive Protest in BC as Thousands March to Stop Kinder Morgan Pipeline

“In our opposition to Kinder Morgan, we are many people paddling in the same direction.”

By Jon Queally, staff writer for CommonDreams. Published 3-10-2018

“For Tsleil-Waututh Nation, the People of the Inlet, it is our sacred obligation to protect the water,” the tribe said in a statement ahead of Saturday’s protest. And while they said they will continue their legal battle against the pipeline company in the court, they added, “In our opposition to Kinder Morgan, we are many people paddling in the same direction.” (Photo: ProtecttheInlet.ca)

Disregarding an injunction won by the pipeline company a day before the planned protest, thousands of people marched in Burnaby, British Columbia on Saturday to protest the expansion of a Kinder Morgan tar sands pipeline and export terminal that First Nations and climate justice campaigners say would threaten local waterways, erode Indigenous rights, and increase planet-warming carbon emissions.


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In ‘Tremendous Victory for Taxpayers, Public Health, and Planet,’ Federal Court Rejects Trump Admin.’s Attempt to Suspend Methane Rule

The late Thursday ruling “once again sends a message to this administration that it will not get away with illegal handouts to industry”

By Andrea Germanos, staff writer for CommonDreams. Published 2-23-2018

A fracking well flare in Scott Township, Pennsylvania. (Photo: WCN 24/7/flickr/cc)

A court has once again rejected the Trump administration’s effort to suspend an Obama-era rule aimed at reducing releases of methane from oil and gas operations on federal and tribal land.

“The decision,” writes Meleah Geertsma, a senior attorney with NRDC, “once again sends a message to this administration that it will not get away with illegal handouts to industry, at the expense of Americans’ health and the environment.” Continue reading

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