climate change

Are Fossil Fuel Companies Telling Investors Enough About the Risks of Climate Change?

Exxon gas station sign

Prior to President Donald Trump taking office, there was a push to require oil and gas companies to inform their investors about the risks of climate change. As governments step up efforts to regulate carbon emissions, the thinking goes, fossil fuel companies’ assets could depreciate in value over time.

The Securities and Exchange Commission, for example, was probing how ExxonMobil discloses the impact of that risk on the value of its reserves. And disclosure advocates have been pressing the agency to take more decisive action.

Now that Republicans control Congress and the White House, will the SEC reverse course? And should it?

Rick Perry

Rick Perry

Credentials

  • Rick Perry graduated Texas A&M University in 1972. He majored in animal science. [1]

Background

American Petroleum Institute Launches Pro-Oil Ad Campaign During Super Bowl

API ad says 'Oil pumps life'

The American Petroleum Institute, one of the largest oil and gas lobbying organizations in the United States, used the extreme hype surrounding Super Bowl commercials to launch a new advertising campaign aimed directly at the American public.

The campaign, called Power Past Impossible, touts the many uses of oil and natural gas and highlights how dependent modern life is on the byproducts of these fossil fuels.

Watch the ad released during Super Bowl 51:

What Will Trump’s Oil Drilling Ambitions Mean for the Arctic’s Threatened Caribou?

As snowcover recedes from the coastal plain of the Arctic National Wildlife Refuge in Alaska each spring, thousands of Porcupine Caribou arrive to graze on new plant growth and calve the next generation of this herd that is the ecological and cultural backbone of the region.

Following ancient trails through the Brooks, Ogilvie and Richardson mountain ranges on both sides of the Alaska/Yukon border, the herd's migratory path to this sanctuary is one of the longest of any land mammal.

Tweet: Promises of hydrocarbon development in the #Arctic threaten this iconic #caribou herd’s migratory way of life http://bit.ly/2k0UD4RYet with a new President in power that promises to open hydrocarbon development in the Arctic, this iconic herd’s migratory way of life could be threatened.

Exclusive: Climate Science Denial Group Heartland Institute is "Reaching Out" to Fossil Fuel Industry for Funding

Fred Palmer

One of the world’s most notorious climate science denial groups is “reaching out to the fossil fuel community” to raise cash in the wake of President Donald Trump’s election.

Coal industry veteran and new Heartland Institute senior fellow Fred Palmer believes the election of Donald Trump will transform the energy industry in the United States by leaving the science of climate change behind.

And in a wide-ranging interview with DeSmog, Palmer claimed there was nothing wrong with fossil fuel companies secretly funding groups that push climate science denial.

I am reaching out to the fossil fuel community right now and raising money for Heartland,” he said.  “Of course that’s acceptable.”

“God Bless Trump”: 25 Years Ago This Man Kick Started the First Fossil Fuel–Funded Campaigns to Attack Climate Science

Fred Palmer

In July 1988, on page 11 of Sports Illustrated magazine, one story caught the eye of Fred Palmer.

Under the headline “The Foul, Hot Summer,” the article lamented that year’s scorching heat and drought.

We have only ourselves to blame for this midsummer's nightmare. Burning fossil fuels has created many of these environmental ills,” the story read.

Palmer was worried. As the boss of Western Fuels Association (WFA), a co-op of coal power generators and haulers, this self-confessed “prairie populist” could see the writing on the wall for his industry.

Jack N. Gerard

Jack N. Gerard

Credentials

  • Bachelor’s degree in political science and a juris doctor from George Washington University. [1]

Background

Scott Pruitt

Scott Pruitt

Credentials

  • Juris Doctor (J.D.), University of Tulsa College of Law (1990-1993). [1]
  • Bachelor's Degree, Political Science and Communications (1990). [1]

Background

Trump’s White House Website Now Only Mentions "Climate" in His Plans to Ax Obama’s Policies

Today, the peaceful transition of power took place, with President Barack Obama passing the White House baton over to President Donald Trump. 

Behind the glitz and glamor and pomp and circumstance came another key White House transition: the Trump White House has gotten rid of the climate change section of the White House website. The URL www.whitehouse.gov/energy/climate-change now takes those surfing the internet to a page which “could not be found.”

Will Rex Tillerson Come Clean About What #ExxonKnew, As Company Itself Has Been Ordered To Do?

Caricature of Rex Tillerson

Update 1/19/2017: Our Children's Trust, a legal NGO helping represent the youth case, posted that Rex Tillerson's deposition is being delayed while the case's lawyers meet to resolve a dispute.

Former ExxonMobil CEO Rex Tillerson, Donald Trump’s pick for Secretary of State, is set to be deposed today by lawyers for a group of 21 young plaintiffs, aged 9 to 20, who filed a lawsuit claiming the U.S. government failed to protect their rights to life, liberty, and property by not taking action to halt global warming.

The deposition comes just one day before Trump is to be inaugurated as U.S. president — and a little more than a week after a Massachusetts judge ruled that Exxon must hand over more than 40 years of its internal research on climate change, denying the oil giant’s request for a protective order that would have blocked Massachusetts Attorney General Maura Healey's subpoenas.

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