Tag: Oil
Khanna proposes ending billions in taxpayer subsidies for Big Oil amid...
Legislation targets federal handouts fueling enhanced oil recovery while exacerbating the climate emergency.
Ending oil subsidies and taxing the rich could unlock $5 trillion...
The report, released during the United Nations General Assembly talks and ahead of the COP29 climate summit, outlines a series of proposals that could shift resources away from environmentally harmful practices and toward sustainable development.
Canada’s oil patch blames anti-greenwashing law for delayed sustainability reports
Is the global push for climate transparency just getting started?
Democrats push groundbreaking bill to make Big Oil pay for climate...
The Polluters Pay Climate Fund Act would require major fossil fuel companies to pay into a damages fund, modeled after the Superfund, to help mitigate the harm caused by their contributions to global warming.
Dems say Big Oil execs failing to come clean on Trump’s...
Nearly four months later, the lawmakers are still awaiting satisfactory answers.
How oil and gas companies infiltrate higher education to maintain influence
It’s a global climate obstruction strategy that dates back decades, researchers from six universities argue in a new study.
Global oil giants and governments fueling Israel’s war on Gaza could...
New research reveals global oil giants and governments fueling Israel’s military operations in Gaza, raising serious questions about their potential complicity in war crimes and violations of international law.
Oklahoma’s oil industry touts a voluntary fund to clean up oil...
The money that has been refunded to these companies in recent years could have restored an estimated 1,500 orphan well sites.
Global oil demand to peak next year, BP predicts
The report focused on two main forecast scenarios—Current Trajectory and Net Zero—and predicted that oil consumption will peak at approximately 102 million barrels a day in 2025.
Exxon and Suncor lose bid to escape Boulder’s climate change lawsuit
A Colorado judge rejects ExxonMobil and Suncor Energy’s attempts to dismiss a lawsuit holding them accountable for climate change-related damages.