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Big Oil Hosts Conference to Promote Deepwater Drilling Despite High Costs and Paris Climate Deal

Oil and gas industry giants gathered this week in Pau, an historic city in southwest France, to discuss the future of deepwater drilling.

Over the course of the three-day MCE Deepwater Development (MCEDD) conference hosted by Total and sponsored by Shell, hundreds of industry professionals focused on how to cut costs during a time of record-low oil prices.

As Total described in a letter announcing the annual conference: “Our common objective is to reduce costs significantly in order for deepwater to remain competitive.”  

New Report Identifies The Fossil Fuels We Must Keep In The Ground To Avert Catastrophic Climate Change

As the US Senate haggles over a comprehensive energy bill, climate activist groups have identified the global fossil fuel reserves that must be kept in the ground if we’re to limit global warming to the critical 2-degree-Celsius threshold.

This week saw the Senate debating the hotly contested energy bill, which has been criticized by environmentalists for including a number of fossil fuel industry giveaways, including expedited permitting for liquefied natural gas (LNG) terminals and subsidies for coal technology, among other troublesome provisions.

Democratic Senators Sheldon Whitehouse (RI), Ed Markey (MA) and Brian Schatz (HI) responded by introducing an amendment into the energy bill designed to express Congress’s disapproval of the use of industry-funded think tanks and misinformation tactics aimed at sowing doubt about climate change science.

Senate Democrats ultimately stopped the energy bill from moving forward on Thursday over the fact that a $600-million amendment to address the water crisis in Flint, MI was not included.

The US is not the only country that needs to do some soul-searching when it comes to energy policies, however.

ExxonMobil, Peabody Coal Lobbying for Bill Preventing Climate Change Accounting in US Trade Deals

The day before global leaders and diplomats passed a climate change deal in Paris at the United Nations climate summit, the U.S. House of Representatives — in a 256-158 vote — authorized the final text of a bill that has a provision preventing climate change to be accounted for in all U.S. trade deals going forward.

That bill, the Trade Facilitation and Trade Enforcement Act of 2015 (H.R.644), now may proceed for full-floor votes in both the House and the U.S. Senate after its conference report was agreed upon. A DeSmog review of lobbying records shows the bill has received heavy fossil fuel industry support. 

Climate Activists Announce Global Campaign of Civil Disobedience to "Break Free From Fossil Fuels"

Banner calling for fossil fuels to be kept in the ground on the Cliff of Moher in Ireland

Climate justice and environmental campaigners announced plans today at COP21 in Paris to escalate the number of non-violent civil disobedience actions against fossil fuel projects over the next year.

The groups are planning a concentrated week of global actions in May of 2016. So far, events are being planned in Australia, Brazil, Canada, Germany, Indonesia, Nigeria, Philippines, South Africa, Spain, Turkey, and the United States. Additional countries under consideration include Ecuador, India, and the UK.

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.

‘It’s a New Day’: Why Environmentalists Need to Change Their Strategy Under Trudeau Government

Ottawa climate protest

Nine and a half years. That’s how long Stephen Harper was prime minister of Canada — a long haul for environmentalists, who were all but shut out of Ottawa and often antagonized by the federal government.

Now that Justin Trudeau and the Liberals have taken the helm, advocates have high hopes for a course correction on the environment and energy files. But after nearly a decade of working under hostile conditions, environmentalists need to make a course correction of their own if they want to effectively influence public policy, experts say.   

If I was running a large ENGO and my file was climate, it’s a new day,” said Allan Northcott, vice-president of Max Bell Foundation, which runs the Public Policy Training Institute to train non-profit leaders in how to effectively advocate for policy changes.

The opportunity is different, so it’s going to require a different plan, a different strategy.”

Groups Hand 360,000 Signatures to Justice Department Calling for "Exxon Knew" Probe

Exxon social license revoked

With the hottest October in world history recorded recently, a slew of advocacy groups have delivered 360,000 petition signatures to the U.S. Department of Justice, calling for a probe of petrochemical industry giant ExxonMobil's history of funding climate change denial despite what the company knew about climate science. 

The groups ranging from 350.org, Food and Watch Watch, Climate Parents, Moms Clean Air Force, The Nation, Sierra Club and others have asked DOJ to investigate what ExxonMobil knew about climate change and when the company knew it, juxtaposing that insider knowledge, exposed by both InsideClimate News and The Los Angeles Times, with the climate change denial campaign it funded both in the past and through to the present

California Public Pension Funds Lost $5 Billion On Fossil Fuel Investments In One Year

Two of California’s massive public pension funds lost more than $5 billion on investments in coal, oil and natural gas in just 12 months.

According to a report released by environmental group 350.org, the California Public Employees' Retirement System (CalPERS) lost $3 billion and the California State Teachers’ Retirement System (CalSTRS) lost $2.1 billion from their holdings in the top 200 fossil fuel companies between June 2014 and June of this year.

Combined, the two funds lost a total of $840 million from their stock investments in coal companies alone — one-fourth of the value of their coal holdings.

Greenwash: Shell May Remove "Oil" From Name as it Moves to Tap Arctic, Gulf of Mexico

Shell Oil has announced it may take a page out of the BP “Beyond Petroleum” greenwashing book, rebranding itself as something other than an oil company for its United States-based unit.

Marvin Odum, director of Shell Oil's upstream subsidiary companies in the Americas, told Bloomberg the name Shell Oil “is a little old-fashioned, I’d say, and at one point we’ll probably do something about that” during a luncheon interview with Bloomberg News co-founder Matt Winkler (beginning at 8:22) at the recently-completed Shell-sponsored Toronto Global Forum.

“Oil,” said Odum, could at some point in the near future be removed from the name.

Enbridge Stuffs Provision into Wisconsin Budget to Expedite Controversial Piece of "Keystone XL Clone"

On Thursday, July 3 on the eve of a long Fourth of July holiday weekend, Canadian pipeline company giant Enbridge landed a sweetheart deal: a provision in the 2015 Wisconsin Budget that will serve to expedite permitting for its controversial proposed Line 61 tar sands pipeline expansion project.

Line 61 cuts diagonally across Wisconsin and goes into north-central Illinois, beginning in Superior, Wisconsin and terminating in Flanagan, Illinois. The Wisconsin Gazette refers to the pipeline as the “XXL” pipeline because it is bigger in size and has higher carrying capacity than the more well known tar sands pipeline cousin, TransCanada's Keystone XL, and is “buried beneath every major waterway” in the state.

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