Tag: Oil

U.S. oil companies are making more money than any other time in history.

“Keeping our communities apart ensures they can keep one of the riskiest pipelines open and pumping profits for themselves while we assume all the risk.”

The overlap raises questions about the sincerity of corporate climate commitments.

“What we need from the fossil fuel industry is complete cooperation with our investigation, so the American people can understand the role the industry played in fueling the climate crisis.”

Oil & Gas UK and the Department for Business, Energy and Industrial Strategy have been taking the CCC’s advice “out of context” when discussing new North Sea projects, say campaigners.

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against.

“Now with increased capacity, the threat to our health and drinking water supply has only grown. We look to the Biden administration to take action.”

The developers seeking to build the Byhalia Connection oil pipeline through predominantly Black neighborhoods called it quits.

A new paper is calling on the government to scrap research and development tax credits for fossil fuel extraction and instead invest the money in clean energy.

“Banks are losing money and investors are stuck in investments they can’t get rid of.”