Six Commitments Missing From the Oil and Gas Major’s Climate Declaration

Major fossil fuel companies have today released a Joint Collaborative Declaration under the Oil & Gas Climate Initiative (OGCI) recognising the need to limit global average temperature rise to 2⁰C. Launched in Paris this morning, they are calling for an “effective climate change agreement at COP21”.

In the declaration, ten oil and gas giants call for “widespread and effective pricing of carbon emissions”. Signatories include the CEOs of Total, Statoil, BP, Shell, BG Group, Saudi Aramco, Pemex, Sinopec, Eni, Reliance, and Repsol.

The companies also back natural gas as a cleaner alternative to coal and want to see more research and development into renewables and carbon capture and storage.  However, the declaration has been criticised for lacking concrete targets.

Climate Denying GWPF Wants ‘Objective Media Reporting’, Rejects UK Journalist From Annual Conference

This is a guest post by freelance journalist Victoria Seabrook, MA City Journalism graduate with work published in the Guardian and Evening Standard.

Climate change deniers assembled at a highly secretive meeting in London on Wednesday October 14 to discuss the celebration of carbon dioxide.

The Global Warming Policy Foundation (GWPF), a think tank and charity set up by Lord Lawson, invited Canadian climate denier Dr Patrick Moore to the Institution of Mechanical Engineers at Westminster, to deliver this year’s annual GWPF lecture.

Unfortunately I was prevented from reporting what the climate change deniers discussed. Any chancers – including myself – hoping to attend were met with three officious representatives, who would only grant entrance to those already accredited.

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.

Food Industry Warns Of Devastating Food Shortages Amid Climate Inaction

Leaders from the food industry issued a warning to Congress recently, telling elected politicians to take action on climate change or face a global food shortage.  Leaders from companies such as Kellogg’s, General Mills, Nestle, Mars, and many others co-signed a letter published in The Washington Post, where they warned about the threats that climate change poses to the food industry.

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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