Wed, 2006-11-01 11:58Sarah Pullman
Sarah Pullman's picture

Sweetheart Chevron deal raises heat under Bush administration

The recent US Interior Department decision to drop claims against Chevron Corp. for unpaid natural gas revenues is a good illustration of how the rich get richer while exacerbating climate change. The department had ordered the company to pay $6 million in additional royalties for gas produced from federal property in the Gulf of Mexico, but could have sought tens-of-millions more had it prevailed.

The case involved Chevron’s accounting of natural gas sales to a company it partly owned. The decision likely sets a precedent for oil and gas companies to slash their royalty payments instead of having a portion of those revenues go to public health, environmental and citizen organizations for use in the battle against climate change. It also has renewed criticism the US government is reluctant to confront oil and gas companies and collect royalties – instead leaving more money in the hands of its cohorts in industry.
Wed, 2006-11-01 09:00Richard Littlemore
Richard Littlemore's picture

Balance of Probability: CC Well Past the Legal Test

“University of Adelaide research has found governments and companies face a likely increase in law suits for their role in global warming and consequent damage to health and communities, and that these claims have a good chance of succeeding.”

The thrust of this piece ist that the likelihood that humans have cause climate change is greater than 50% plus one - which is the legal test in civil court.

In fact, the Intergovernmental Panel on Climate Change (IPCC) said in its 2001 Summary for Policymakers (attached) that, “In the light of new evidence and taking into account the remaining uncertainties, most of the observed warming over the last 50 years is likely to have been due to the increase in greenhouse gas concentrations.”
Wed, 2006-11-01 08:29Richard Littlemore
Richard Littlemore's picture

World's Leading Risk Analyst Bringing Climate Debate to U.S.

The world's leading risk analyst, the reinsurance giant Lloyd's of London, has once again raised the red flag over climate change, per this article in the Insurance Journal.
Trevor Maynard, Lloyd's manager of emerging risks, says flatly: “Climate change is a very real threat. It would be unthinkable for us to ignore one of the biggest dangers we face in the coming decades.”
In the constant (and often idiotic) debate over climate change, the single rationale that deniers have mounted to explain the alleged worldwide “scientific conspiracy” to frighten the public about global warming is that the greatest scientists or our time are scuffling for government research grants.
Tue, 2006-10-31 12:33Kevin Grandia
Kevin Grandia's picture

Another GOP candidate sticks her head in the sand

North Dakota Republican candidate, Karen Karls, claims that she “is not convinced it [global warming] is a valid problem… actually it's pretty cold here.”
Tue, 2006-10-31 08:18Ross Gelbspan
Ross Gelbspan's picture

Australia to the World: 'You Start -- We'll Catch Up"

Australia, the world's biggest coal exporter, won't begin to cut its own carbon emissions until China and India begin to cut theirs first – despite the fact that the Kyoto Protocol calls on industrial countries to begin the process and developing countries to join in a subsequent round.


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