Mike Gaworecki's blog

Here Are The Corporate Foxes In The COP21 Henhouse

Top corporate sponsors of the climate talks in Paris have long histories of destroying the environment and interfering in environmental policymaking that are at odds with the green image they’re seeking to project by being part of COP21.

Global banking giant BNP Paribas, French utility Électricité de France (EDF) and fossil fuel conglomerates Engie (formerly GDF Suez) and Suez Environnement, all official COP21 sponsors, are the focus of a new report from Corporate Accountability International that details the companies’ environmental abuses and aggressive lobbying efforts to undermine environmental and climate policy.

All four either directly own or have investments in some of the most emissions-intensive energy projects in the world, from oil sands in Canada to fracking in the UK and coal-fired power in India — conflicts of interest that make it impossible for them to contribute meaningfully to any sound climate policy, the report’s authors argue.

Divestment Movement Hits Major Milestone As World Leaders Debate Climate Action In Paris

More than 500 institutions that manage $3.4 trillion in assets have now committed to divesting holdings in fossil fuels, divestment campaign groups announced today in Paris.

As recently as September 2014, just 181 institutions managing $50 billion in assets had made some sort of divestment commitment.

350.org and Divest-Invest, two of the key groups organizing the divestment movement, announced the new additions to the growing list of divestors this morning in Paris at the UN COP21 climate negotiations.

New Study Exposes True Extent, Influence Of Climate Denial Echo Chamber For First Time

Thanks to a recent poll from ABC News and the Washington Post, we know that nearly two-thirds of American adults think global warming is “a serious problem facing the country.”

And now, thanks to a study published in the journal Nature Climate Change (full study available at this link), we know exactly how many people are out there taking money from dirty energy interests to try and confuse Americans about climate changeto derail overdue action and protect the fossil fuel industries' profits.

Justin Farrell, a professor of sociology at Yale’s School of Forestry & Environmental Studies and the author of the report, studied both the institutional and social network structure of the climate denier movement and found that there are some 4,556 individuals with ties to 164 organizations that are involved in pushing anti-climate science views on the public.

Protest Aired Live On Monday Night Football Calls Out Financing For Dominion Resources’ LNG Export Facility

It was the third quarter of this week’s Monday Night Football matchup between the struggling Indianapolis Colts and the undefeated Carolina Panthers, who were playing before a hometown crowd of 70,000. Colts quarterback Andrew Luck was about to engineer a startling comeback to force the game into overtime, but most eyes were probably turned away from the action on the field.

Two activists had managed to smuggle climbing gear through security and were now rappelling from the upper deck of Bank of America Stadium in Charlotte, North Carolina, BofA's home town.

In front of tens of thousands of football fans in attendance and a live national TV audience, the protesters unfurled a banner reading “BoA: Dump Dominion, WeAreCovePoint.org.” According to sports blog Deadspin, the banner drop was aired live on ESPN.

River Supplying Water To Alberta Oil Sands Operations At Risk From Drought

A new study casts doubt on the long-term ability of the Athabasca River to supply the water Alberta’s oil sands industry relies on.

Water is allocated to oil sands operations based on river flow data collected since the 1950s, but that doesn’t necessarily represent an accurate assessment of the Athabasca River’s flow variability over the longer term, according to a report published this week in the Proceedings of the National Academy of Sciences.

Morgan Stanley Targeted Over Coal Financing

Earlier this year, Bank of America and Credit Agricole both announced they were moving away from financing coal, citing a number of factors, among them the threat of future regulation due to coal’s impact on the planet and human health and pressure from environmental activists.

Now the Rainforest Action Network is targeting Morgan Stanley with calls to meet or beat its Wall Street colleagues’ commitments by adopting policies to end its financing for companies involved in coal mining and coal-fired power.

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