‘Historic milestone’: Ecuador nears vote to keep Amazon oil in the ground
Experts consulted by Climate Home News suggested the vote will define Ecuador’s economic model for the future.
Oil
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Regulator blocks Brazilian oil drilling, sparking conflict within government
While President Lula’s environment minister Marina Silva supported the decision, Lula ally Randolfe Rodrigues vowed to oppose it
African banks back oil export pipeline despite climate commitments
Lenders including Afreximbank are backing Uganda’s EACOP project, while publicly talking up their support for a just energy transition.
Argentina secures funding boost to kickstart gas exports from ‘carbon bomb’
President Alberto Fernández is seeking funding for an export pipeline that would channel Vaca Muerta’s gas to neighbouring countries
Study: IPCC asks emerging countries to drop coal faster than rich nations did
A new study has found that most energy transition models ask nations like China, India and South Africa to cut coal use twice as fast as developed countries ever did.
US proposes up to 11 new offshore oil leases, under industry pressure
The Biden administration is consulting on scaled-back oil development in federal waters, after a judge warned against a total ban
Mexico’s oil gets even dirtier as flaring continues to soar
Since president Andrés Manuel Lopez-Obrador was elected in 2018, oil companies have burned more and more gas as a byproduct
Oil tanker trains threaten to trash US northwest
NEWS: America’s expanding oil production threatens the pristine region of the country with a rash of new oil terminals along coast
Shell prepares for 2015 Arctic drilling
NEWS: Shell could drill in fragile environment next year, despite failure to deal with tar sands pollution
Oil majors gambling US$91bn on 20 high-risk projects
NEWS: Tar sands and deep sea oil projects are bad for business as well as the environment, analysts warn
Should the arts reject money from oil companies?
COMMENT: As churches and universities divest from fossil fuels, it’s time for the cultural industries to follow suit
Exxon Mobil dismisses climate change risks to future growth
NEWS: Fossil fuel giant says ‘stranded assets’ are not a risk to the company, as the world needs all its oil
Canada tar sands set to benefit from EU 2030 climate plan
EU proposal to drop curbs on imported fuels could boost CO2 emissions from transport by 32 megatonnes
US committed to cutting fossil fuel use despite shale oil boom
US energy secretary Ernest Moniz promises new age of innovation in energy efficiency
Lord Browne: Fracking will not bring down energy bills
Friday’s top 5: Lord Browne says fracking will not decrease energy bills, China to raise coal threshold, Oil drilling in Pechora Sea to begin in 2014, Australian bushfires linked to Indian Ocean temperature increase, Big six told to hold price increase
Shell hopes Arctic drilling will resume in 2014
Shell hopes Arctic drilling will resume in Chukchi Sea next year, after setbacks caused programme to be suspended this summer
Ecuador abandons Yasuni initiative to stop Amazon drilling
Morning summar: Ecuador had sought US$3.6 billion in contributions to maintain a moratorium on drilling, but claims it has only received US$13 million in donations
North Dakota gas flares equal to a million extra cars on road
Natural gas flaring in North Dakota, which can be seen from space, has more than doubled to 30% since 2011
Brazil at climate change crossroads – Carbon Tracker
Government faces tough decisions over whether to back expanding renewable energy sector or increase investment in its huge deep-water oil reserves
Five reasons why an oil-free future is possible
The IEA reports that non-OECD countries overtook their OECD counter parts for the first time, but what alternative do they have?
Could ‘economic peak oil’ rival the banking crisis?
New report warns ‘economic peak oil’ could cripple the world’s economies by 2014 – increasing need for governments to choose low carbon path
Climate Live: US drought send food prices up, England tracks natural capital and China oil industry becomes player in North Sea
Today’s top headlines: US set to see food price rises because of drought, England tracks natural capital and China enters the North Sea oil industry.
IEA chief: Stop oil subsidies from meddling with fuel prices
Maria van der Hoeven calls for governments to let high oil prices cut consumer demand.
Water summit underlines growing importance in Middle East
Crown Prince of Abu Dhabi says ‘water more important than oil’ for Middle East.