Shareholders Demand Stronger Climate Commitment From Oil Giant Shell

I do believe in 2 degrees, but I do not believe I can do it on my own”. The words that Shell’s chief executive Ben van Beurden used at Tuesday’s annual shareholder meeting mirror the company’s ‘could do, won’t do’ attitude to limiting global warming.

Shell’s chairman Charles Holliday described their management of the energy transition after the Paris climate change conference as “so far so good” despite a page one disclaimer in their latest report saying they have no plans to use their pathway to net zero in their next 10-20 year investment horizon.

As van Beurden said in response to a shareholder question: “My expectation that oil will be phased out in 2070 is actually quite arbitrary” going on to say oil and gas could still be relevant until 2100.

Trump Building Wall in Ireland to Keep Climate Change Out

This is a guest post by ClimateDenierRoundup, cross-posted from EcoWatch

Donald Trump has said numerous times in various places that he does not consider climate change to be a significant problem warranting corrective action. From calling it pseudoscience to a Chinese conspiracy to an elaborate hoax, he’s made it a point to take theKoch-approved stance, even as he disavows such big-money influence in politics. But as Politico’s Ben Schreckinger has uncovered, when it comes to his business and not campaign rhetoric, Trump apparently takes climate change seriously.

At a minimum, those in charge of running one of Trump’s golf courses in Ireland seem to be climate conscious. In a planning application, Trump asked for permission to construct a two-mile sea wall to keep the rising sea levels from eroding the golf course. The impact statement refers not only to the coastal erosion from rising seas, but also the even larger risk from storm systems amplified by global warming.

Documents: IOGCC-Spawned Loophole Creating Frackquake Crisis Faces Federal Lawsuit

On May 4, several environmental organizations filed a lawsuit against the U.S. Environmental Protection Agency (EPA), calling for an end to the regulatory exemption it carved out in the late 1980s for the oil and gas industry with regards to how it handles industrial waste.

That exemption to the Resource Conservation and Recovery Act (RCRA) of 1976, a recent DeSmog investigation showed, was pushed in the forefront almost from day one of RCRA's passage by the Interstate Oil and Gas Compact Commission (IOGCC). IOGCC is a U.S. Congress-chartered interstate compact consisting of U.S. oil and gas producing states, with a membership roll that includes state-level regulators, industry lobbyists and executives.

The EPA, which granted the oil and gas industry the RCRA exemption in 1988, serves as an IOGCC affiliate member.

An ongoing DeSmog investigation into IOGCC has exhibited that it often behaves like an unregistered lobbying node for the oil and gas industry. DeSmog has also obtained more documents, published here for the first time, revealing IOGCC's role in pushing for and creating the RCRA loophole. 

Interview: Shell Must be ‘Held Accountable to the Future Now’ Says Indigenous Delegate from the Gulf of Mexico

It is time that Shell be held accountable for the damages it has done on our communities and environment,” says Monique Verdin, an indigenous resident of the Louisiana coast and member-elect of the United Houma Nation Council.

Verdin has travelled to the Netherlands to speak out on behalf of the coastal community against Shell’s offshore drilling at the oil giant’s annual general meeting (AGM) today.

The AGM comes less than two weeks after Shell spilled more than 88,000 gallons of oil from a group of four underwater oil wells located some 97 miles south of Port Fourchon in Louisiana and creating a 13 mile-wide slick on the water’s surface.

Houston Chronicle Business Columnist Calls for Exxon Climate Denial Investigation, Slams Paxton, Cites DeSmog Research

In case you missed this excellent article over the weekend, “Exxon Mobil documents call for a thorough investigation,” Houston Chronicle business columnist Chris Tomlinson cites DeSmog’s research in a hard-hitting call for state attorneys general to continue investigating Exxon’s potentially fraudulent efforts to mislead the public and investors about climate change risks.

The Chronicle's business columnist also takes Texas Attorney General Ken Paxton to task for his industry-friendly efforts to pour cold water on the important investigations underway by 17 state Attorneys General looking at Exxon’s history of climate denial. Tomlinson minces no words in slamming Paxton as “a man bold enough to remain in office while facing state and federal fraud charges. The former corporate lawyer has proved he's a political pawn who could care not less about law enforcement, because there is certainly enough evidence to warrant an investigation into Exxon Mobil.”

Tomlinson cites internal corporate documents recently uncovered by DeSmog’s investigative journalism team in which corporate officials claimed in the late 1970s that “there is no doubt that increases in fossil fuel usage and decreases of forest cover are aggravating the potential problem of increased CO2 in the atmosphere.”

Pages

Subscribe to DeSmogBlog