While Lobbying Against Safety Regulations, Exxon Admits to Potential for Stranded Assets

After learning that Exxon misled the world about its advanced understanding of climate change science for decades, it shouldn’t be too surprising to learn that the company is being less than truthful about what the reality of climate change means to its oil-based business model now.

In the wake of the Paris Agreement to meet or beat a two degree Celsius limit on global warming, the science is clear that to achieve this goal, a lot of known fossil fuel reserves will have to remain in the ground. From the industry's perspective, that will mean “stranded” assets.

And while groups like Ceres have made progress to get oil and gas companies to acknowledge this reality via investor led efforts, Exxon has adamantly claimed that none of its assets will be stranded.

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.”  

Naomi Oreskes: A New Form of Climate Denialism is at Work in Canada

No one has a better handle on the effect climate deniers have on the socio-political stage than science historian and author Naomi Oreskes.
 
Her book Merchants of Doubt charts the path of many of the world’s most notorious deniers, skeptics, shills, PR men and experts-for-hire. Plus, as a trained historian and professor of earth and environmental sciences at Harvard, Oreskes has the ability to take a 10,000-foot view when it comes to climate politics and the turning tide of public opinion.
 
Oreskes recently visited Vancouver to discuss climate change and climate denial in Canada at a talk organized by the Peter Wall Institute for Advanced Studies.  
 
For Oreskes, understanding how climate denial is active in places like Canada involves acknowledging the expansiveness of climate change as an issue, one that cuts across boundaries between government, society and market power.
 
We asked Oreskes what she makes of Canada’s current political situation — a situation in which our  prime minister announces impressive climate targets on the world stage but then quietly approves B.C.’s first LNG export terminal on a Friday afternoon.
 
“Of course there is a long road ahead,” Oreskes said. “[Climate change] is a very big issue that reaches into economics, politics and culture.”

Top Hillary Clinton Campaign Fundraiser Lobbies for Offshore Drilling in Israel

Jackson Dunn, a lobbyist employed by FTI Consulting subsidiary FTI Government Affairs and a top-level campaign finance bundler for Hillary Clinton's presidential run, lobbied throughout 2014 and 2015 for offshore drilling off the coast of Israel on behalf of Noble Energy

The finding by DeSmog comes days after an irritated Clinton told an activist for Greenpeace USA, that she was “so sick of the Sanders campaign lying about me” with regards to her coziness to lobbyists and fossil fuel campaign cash.

Dunn, according to his FTI biography, formerly worked for the Bill Clinton White House as the point man for the “business community’s support of President Clinton’s economic and trade agenda.”

Climate Science Denier Patrick Moore Under Attack From Fellow Nuclear Energy Advocates

Climate science denialist Patrick Moore is all about “consensus building.” We know this because it says so on his biography at the think tank Frontier Centre for Public Policy.
 
And so, fresh from delivering a coal-funded talk in Brussels where he told the audience to “celebrate CO2”, the Canadian has been out doing a bit of that “consensus building” in his own unique way.
 
In recent days, Moore has accused respected climate scientist Ken Caldeira of “fakery”, called him a “jerk” and then told a fellow nuclear power advocate to “GFY”.
 
The nuclear advocate in question was Australian energy and climate consultant Ben Heard, who had engaged Moore on social media. He’s written a blog about the exchange.
 
British environmentalist and author Mark Lynas, who is also pro-nuclear energy, weighed in too, describing Moore as “just a predictable right-wing anti-green contrarian”.
 
When DeSmog UK gave Moore the chance to respond to a story showing he had been paid by coal lobbyists to deliver a talk, his response was “bugger off”.

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