Tag Archives: Oil

Global Climate Movement Celebrates as Ireland Set to Become First Country to Fully Divest From Fossil Fuels

“Countries the world over must now urgently follow Ireland’s lead.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-12-2018

Fossil fuel divestment activists displayed a sign outside the lower house of Ireland’s legislature. (Photo: Sasko Lazarov/Photocall Ireland/Trócaire/350.org)

Climate activists across the globe celebrated Thursday after the lower house of the Irish legislature passed a divestment bill with support from all parties, effectively ensuring that Ireland will become the first nation in the world to fully divest public money from the fossil fuel industry.


Continue reading

Share

‘Watershed Moment for Climate Liability’ as Rhode Island Files Historic Lawsuit Against 21 Big Oil Companies

“Here we are—the smallest state, the Ocean State—taking on the biggest, most powerful corporate polluters in the world,” said the state’s attorney general. “They need to be held accountable.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-2-2018

In what advocates are calling a “watershed moment” for climate litigation, Rhode Island’s Democratic Attorney General Peter F. Kilmartin announced on Monday that the state has filed a lawsuit against 21 major oil companies—including BP, Chevron, ExxonMobil, and Shell—”for knowingly contributing to climate change, and causing catastrophic consequences to Rhode Island, our economy, our communities, our residents, our ecosystems.”

“This lawsuit marks the first in the country filed on behalf of a state and its citizens against Big Oil,” Kilmartin declared. “For a very long time there has been this perception that they, Big Oil, were too big to take on, but here we are—the smallest state, the Ocean State—taking on the biggest, most powerful corporate polluters in the world, because it’s the right thing to do. They need to be held accountable.” Continue reading

Share

‘Historic First’: Nebraska Farmers Return Land to Ponca Tribe in Effort to Block Keystone XL

“We want to protect this land,” said the tribe’s state chairman. “We don’t want to see a pipeline go through.”

By Jessica Corbett, staff writer for Common Dreams. Published 6-15-2018

In a move that could block the path of the Keystone XL pipeline, a couple in Nebraska signed over a portion of farmland to the Ponca Tribe. (Photo: @BoldNebraska/Twitter)

In a move that could challenge the proposed path of TransCanada’s Keystone XL pipeline—and acknowledges the U.S. government’s long history of abusing Native Americans and forcing them off their lands—a Nebraska farm couple has returned a portion of ancestral land to the Ponca Tribe.

At a deed-signing ceremony earlier this week, farmers Art and Helen Tanderup transferred to the tribe a 1.6-acre plot of land that falls on Ponca “Trail of Tears.” Continue reading

Share

‘Anyone Surprised?’ Kinder Morgan Pipeline Leak Two Days Before Trudeau Buyout Was 48 Times Larger Than First Reported

“With accuracy like that, we should all be very, very worried.’

By Jake Johnson, staff writer for Common Dreams. Published 6-10-2017

Thousands march in opposition to the Kinder Morgan Pipeline expansion. (Photo: MeanwhileinCana/Twitter)

Just two days before Canadian Prime Minister Justin Trudeau announced that his government would purchase Kinder Morgan’s faltering and widely opposed Trans Mountain pipeline, British Columbia’s Ministry of Environment said 100 liters of crude oil had leaked at a Kinder Morgan pipeline pump station north of Kamloops—but the company initially refused to confirm the severity of the spill.

On Saturday, with its bailout from the Canadian taxpayer confirmed by Trudeau, Kinder Morgan declared after an investigation that, actually, 4,800 liters of crude oil had leaked during the May 27 spill—48 times more crude than first reported. Continue reading

Share

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

Share

#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.

Continue reading

Share

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

Share

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

Share

‘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.”

Continue reading

Share

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

Share