Category: Fossil Fuel Industry

ExxonMobil outed for hiding accurate global warming predictions

ExxonMobil, one of the world’s largest international oil and gas companies, accurately predicted rising global temperatures but downplayed climate change for decades, new research shows.

Source: ExxonMobil outed for hiding accurate global warming predictions

Stop ‘Caving to Fossil Fuel Industry,’ Experts Say as 2022 Confirmed Among Hottest Years on Record

This aerial view shows cars that fell into a large sinkhole

“These latest data are in line with long-term global warming trends that will continue to worsen unless heat-trapping emissions are slashed drastically—far more than what the United States and other major emitters are currently doing.”

Source: Stop ‘Caving to Fossil Fuel Industry,’ Experts Say as 2022 Confirmed Among Hottest Years on Record

Death Knell for Big Carbon? Globally, All New Electricity Demand was Met by Renewables in first 1/2 of ’22, with Fossil Fuels Flat

In the first half of this year, widespread resort to wind, solar, batteries and hydro saved the world $40 billion in fuel costs and avoided 450 megatons of carbon dioxide emissions. Without these green sources of electricity generation, fossil fuel use would have risen by 4%, with all the environmental and climate damage that increase would have implied.

Source: Death Knell for Big Carbon? Globally, All New Electricity Demand was Met by Renewables in first 1/2 of ’22, with Fossil Fuels Flat

Faith leaders demand no more coal and gas – Michael West

One hundred religious leaders from a range of faith communities have signed an open letter calling on the Albanese government to stop approving new coal and gas projects.

The Anglican primate of Australia, the president of the Uniting Church in Australia, the president of the National Council of Churches, the grand mufti of Australia and the president of the Australian National Imams Council have all put their names to the cause.

Source: Faith leaders demand no more coal and gas – Michael West

A secretive legal system lets fossil fuel investors sue countries over policies to keep oil and gas in the ground – podcast

An offshore oil platform that is flaring gas.

A new barrier to climate action is opening up in an obscure and secretive part of international trade law, which fossil fuel investors are using to sue countries if policy decisions go against them.

Source: A secretive legal system lets fossil fuel investors sue countries over policies to keep oil and gas in the ground – podcast

As Saudis stab Biden in the Back with OPEC+ Oil Cut, Only Electric Vehicles can Make US Independent

One good thing about the OPEC+ production cut and consequent likely rise in gasoline prices? It will help even more consumers see the beauty of having an electric car. We just plug ours in at home. During the day (I don’t work 9-5), it is taking in electricity generated by our solar panels, which is free. The idea of running my car on clean, free sunlight is a trip. I look forward to the time, which is rapidly nearing, when everyone can afford to do the same, and can in fact save loads of money in doing so, not to mention saving the earth from a baleful climate emergency.

Source: As Saudis stab Biden in the Back with OPEC+ Oil Cut, Only Electric Vehicles can Make US Independent

Cheaper renewables drive coal closures – Michael West

Fossil Fuel Industry demands increased corporate welfare. It wasn’t that long ago Andrew Bolt was telling us the planet was cooling and renewables were too expensive. The LNP spent 13 years putting the brakes on transitioning.

Renewable energy becoming cheaper is behind the early closure of AGL coal-fired power stations, Tanya Plibersek says.

Source: Cheaper renewables drive coal closures – Michael West

Fossil Fuel Industry Wants Free Speech for Corporations but Not Citizens

Demonstrators walks past the U.S. Capitol during a protest against the Dakota Access Pipeline (DAPL) in Washington, D.C., U.S., on Friday, March 10, 2017. The Standing Rock Sioux Tribe and Indigenous grassroots leaders arranged for the march to protect native sovereignty, keep fossil fuels in the ground and stop construction of the DAPL project. Photographer: Andrew Harrer/Bloomberg via Getty Images

As oil companies push to criminalize dissent, they’re also making the case that climate denialism is protected speech, not fraudulent advertising.

Source: Fossil Fuel Industry Wants Free Speech for Corporations but Not Citizens

How to deal with fossil fuel lobbying and its growing influence in Australian politics

A recent investigation details a campaign by the car industry to have its (low) voluntary standards on fuel efficiency legislated into national standards. This campaign fits into a broader pattern of lobbying by the fossil fuel industry to hinder effective climate action and highlights the importance of democratic integrity in addressing the climate crisis as well as the urgent need for robust regulation of lobbying.

How to deal with fossil fuel lobbying and its growing influence in Australian politics

Oil Companies Around the World Are Suing to Block Climate Action

Fossil fuel companies are suing countries that enact climate change policies, arguing that they are illegally cutting into their profits — and they’re winning 72 percent of the time. Now governments risk being sued for billions when enacting climate policies.

Source: Oil Companies Around the World Are Suing to Block Climate Action

Grant King and the Big Gas Con – how fossil fuel giants are cheating Australia’s emissions system – Michael West

An unholy alliance of carbon farmers and Big Gas lobbyists are quietly shaping Australia’s emissions reduction framework to maximise their take of taxpayer money while increasing emissions as much as possible. Callum Foote follows the money.

Source: Grant King and the Big Gas Con – how fossil fuel giants are cheating Australia’s emissions system – Michael West

Since Congress Lifted Crude Export Ban in 2015, US Has Dropped ‘Climate Bomb’ on World

Rail cars carrying crude oil are seen on April 24, 2020 near Odessa, Texas.After Congress lifted a ban on crude exports in late 2015, oil and gas production in the Permian Basin soared while domestic consumption remained flat—leading to a massive build-out of pipelines and other infrastructure that culminated in the U.S. “flooding global markets” with fossil fuels at the expense of humanity, in general, and vulnerable Gulf Coast communities already overburdened by pollution, in particular.

Source: Since Congress Lifted Crude Export Ban in 2015, US Has Dropped ‘Climate Bomb’ on World

How ‘Low Carbon’ Energy Became the New ‘Low Tar’ Cigarette | The Smirking Chimp

Why Morrison and Taylor talk is BULLSHIT

his rebrand was so consistent that ExxonMobil CEO Darren Woods, Chevron CEO Michael Wirth, Shell Oil President Gretchen Watkins, BP America CEO David Lawler, and American Petroleum Institute President Mike Sommers all touted their commitment to a “low carbon” or “lower carbon” future in their scripted opening statements. And what are these low carbon solutions? Largely natural gas, which as science has repeatedly shown, is roughly as bad for the climate as coal when methane leaks and total emissions are added to the equation. Natural gas is so problematic that to meet the 1.5 C Paris goal, production will have to decline 3 percent per year to 2030, starting last year.

If there is one lesson to be learned from these executives, it is that their climate pledges depend almost entirely on convincing members of Congress that they are doing something that they are clearly not doing: significantly reducing emissions from their products over the next ten years.

Enter natural gas, the “low tar” cigarette of fossil fuels.

Source: How ‘Low Carbon’ Energy Became the New ‘Low Tar’ Cigarette | The Smirking Chimp

COP26 leaves too many loopholes for the fossil fuel industry. Here are 5 of them

Some countries are taking positive steps. The Beyond Oil and Gas Alliance that aims to phase out production is key to cutting supply of fossil fuels. Multilateral action such as this, whether as part of COP or outside it – and, crucially, the pressure from below that causes it – must be a focus if we’re to avoid climate change.

Source: COP26 leaves too many loopholes for the fossil fuel industry. Here are 5 of them

California’s latest offshore oil spill could fuel pressure to end oil production statewide

This is the current oil spill we never heard about rather than the necessity of fossil fuels to flood the world with cheap energy. Meanwhile the real costs never really included.

An oil spill first reported on Oct. 2, 2021, has released thousands of gallons of crude oil into southern California coastal waters. The source is believed to be a leak in an underwater pipeline connected to an oil drilling platform 17.5 miles offshore. Oil has washed ashore in Huntington Beach and Newport Beach and into coastal marshes. Orange County has requested a federal disaster declaration. Charles Lester, director of the Ocean and Coastal Policy Center at the University of California Santa Barbara’s Marine Science Institute, explains the scope of this spill.

Source: California’s latest offshore oil spill could fuel pressure to end oil production statewide

What will the donors think? Liberal/Labor refuse to act without nod from Big Gas – Michael West Media

Labor claims it’s a safety issue, Liberals say it’s a drafting issue. The bigger issue is how both major political parties have capitulated to the oil and gas industry again, this time voting to keep offshore petroleum production data secret. Callum Foote reports. The power of money in politics is rarely so blatant as it is in the decisions and outcomes struck by Australia’s politicians to profit the gas industry.

Source: What will the donors think? Liberal/Labor refuse to act without nod from Big Gas – Michael West Media

As the world battles to slash carbon emissions, Australia considers paying dirty coal stations to stay open longer

A long-anticipated plan to reform Australia’s electricity system was released on Thursday. One of the most controversial proposals by the Energy Security Board (ESB) concerns subsidies which critics say will encourage dirty coal plants to stay open longer. The subsidies, under a so-called “capacity mechanism”, would aim to ensure reliable energy supplies as old coal plants retire. Major coal generators say the proposal will achieve this aim. But renewables operators and others oppose the plan, saying it will pay coal plants for simply existing and delay the clean energy transition.

Source: As the world battles to slash carbon emissions, Australia considers paying dirty coal stations to stay open longer

Texas Blackout of 2021 Was Primarily a Human Failure | Washington Monthly

by James Cargas February 20, 2021 Politics Texas Blackout, 2021 Carlos Mandez waits in line to fill his propane tanks Wednesday, Feb. 17, 2021, in Houston. (AP Photo/David J. Phillip)

New resilient and sustainable technologies are coming online, and regulatory and market changes can always stand to be tweaked. But the most immediate and impactful change must come from new energy leadership in Texas.

Texas Blackout of 2021 Was Primarily a Human Failure | Washington Monthly

Gas won’t fuel Australia’s recovery or reduce emissions. It’s a mirage | Greg Jericho | Business | The Guardian

Queensland Curtis LNG (QCLNG) Project

The truth is gas is both too expensive and too dirty. We’ve known this for nearly a decade

Gas won’t fuel Australia’s recovery or reduce emissions. It’s a mirage | Greg Jericho | Business | The Guardian

Importance of Middle East Plummets as Britain, Ireland, Denmark announce 2030 Funeral for New Gasoline Cars

The Middle East is likely to plummet in significance for the United States over the next two decades. Let’s face it, the main reason we hear so much about Iraq, Iran, Saudi Arabia and Kuwait (as opposed to Senegal and Uruguay) is that they produce petroleum, and the world transportation system depends on that commodity. The US, despite what Trump keeps saying, isn’t energy independent, and still imports on the order of six or seven million barrels of petroleum a day.

Importance of Middle East Plummets as Britain, Ireland, Denmark announce 2030 Funeral for New Gasoline Cars

After the Bushfires and Amid the Pandemic, Australia’s Fossil Fuel Industry Is Gaining Steam

The trouble is The LNP aren’t about to kick up a shitstorm about that (ODT)

The Labor Party in Australia speaks a progressive language on climate change that it rarely enacts in policy. Now, under cover of the health crisis, the Victorian branch is expanding deforestation projects and onshore gas exploration.

via After the Bushfires and Amid the Pandemic, Australia’s Fossil Fuel Industry Is Gaining Steam

Saudi Oil Giant Aramco’s Saudi Oil Giant Aramco’s $1.5 trillion IPO flies in the face of our Climate Crisis Reality.5 trillion IPO flies in the face of our Climate Crisis Reality

https://media.juancole.com/images/2019/11/how-big-oil-committed-the-greate-750x422.jpg

Greed of a few will drive this IPO initial opening offer  (ODT)

And yet the future doesn’t look good for oil. The threat of climate change means most countries are looking for ways to reduce their use of fossil fuels and many investors are trying to reduce the number of oil company stocks they hold. So why is the company considered so valuable? A closer look at the data suggests the market sees Aramco as a short-term money maker but with much worse long-term prospects.

via Saudi Oil Giant Aramco’s Saudi Oil Giant Aramco’s $1.5 trillion IPO flies in the face of our Climate Crisis Reality.5 trillion IPO flies in the face of our Climate Crisis Reality

After Shell CEO Claims ‘We Have No Choice’ But to Invest in Fossil Fuels, McKibben Says, ‘We Have No Choice But to Try and Stop Them’ | Common Dreams News

sign: the people vs. shell

Shell’s BUSINESS MODEL and MINDSET incapable of even TRANSITION. BHP can see  a future without COAL (ODT)

via After Shell CEO Claims ‘We Have No Choice’ But to Invest in Fossil Fuels, McKibben Says, ‘We Have No Choice But to Try and Stop Them’ | Common Dreams News

Leaked Audio Exposes Oil & Gas Execs Laughing With Joy Over Cozy Access to Trump Officials

How Trumpland works compared with Obama (ODT)

A newly-leaked audio recording reveals that oil and gas executives in a private meeting were “giddy” with laughter in the summer of 2017 as they rejoiced over the “unprecedented access” they were being given to the highest levels of the Trump administration, boasting about their ability to have closed-door meetings with top officials and the ascendance of their own industry colleagues to some of the most powerful seats of government.

Leaked Audio Exposes Oil & Gas Execs Laughing With Joy Over Cozy Access to Trump Officials

ExxonMobil & 4 other Oil Giants Spent ExxonMobil & 4 other Oil Giants Spent $1 bn on Greenwashing PR, $100 bn on New Fossil Fuels bn on Greenwashing PR, 0 bn on New Fossil Fuels

Paris (AFP) – The five largest publicly listed oil and gas majors have spent $1 billion since the 2015 Paris climate deal on public relations or lobbying that is “overwhelmingly in conflict” with the landmark accord’s goals, a watchdog said Friday.

Despite outwardly committing to support the Paris agreement and its aim to limit global temperature rises, ExxonMobil, Shell, Chevron, BP and Total spend a total of $200 million a year on efforts “to operate and expand fossil fuel operations,” according to InfluenceMap, a pro-transparency monitor.

via ExxonMobil & 4 other Oil Giants Spent ExxonMobil & 4 other Oil Giants Spent $1 bn on Greenwashing PR, $100 bn on New Fossil Fuels bn on Greenwashing PR, 0 bn on New Fossil Fuels

Some rare good climate news: the fossil fuel industry is weaker than ever | Bill McKibben | Opinion | The Guardian

‘The basic trajectory of the world away from coal and gas and oil is firmly underway.’

From Wall Street to the pope, many increasingly see fossil fuels as anything but a sure bet. That gives us reason to hope

via Some rare good climate news: the fossil fuel industry is weaker than ever | Bill McKibben | Opinion | The Guardian

Woman dragged out of hearing for exposing Big Energy donations (VIDEO) — RT US News

 

Woman dragged out of hearing for exposing Big Energy donations (VIDEO)

The people who are going to be speaking in favor of this bill are all going to be paid by the industry … the people who are going to be voting on this bill are often also paid by the industry,” Lucas said.

Lucas was ordered by House Judiciary Committee members to desist from making “personal comments” about members. As Lucas persisted, her microphone was cut off. When lawmakers refused to let her finish speaking, she told them to “drag me off.” Security was called and in a video of the incident she can be seen being dragged from the floor.

I got dragged out of House chambers … Because I was listing out who has been donating to Delegates on the Judiciary Committee,” Lucas wrote on her blog.

via Woman dragged out of hearing for exposing Big Energy donations (VIDEO) — RT US News

Fossil fuel investments damaging Australians’ retirement savings, research shows |Surely the damage is due to poor management and advice?

Tom Swann, a researcher at the Australia Institute, says anyone exposed to the fossil fuel energy sector has lost money in the past three years

Source: Fossil fuel investments damaging Australians’ retirement savings, research shows | Australia news | The Guardian