Archive for the ‘oil’ Category

Oil and Gas Exploration Threatens Peruvian Amazon

published February 22, 2010 and has No Comments

A remote indiginious indian camp found abandoned after developers entered their region in Peru. Photo via Agencia Andina In the 1960s and 70s, there was an oil boom in Peru . Due to restrictions on where developers could explore, the hunt for fossil fuels in the cou... Read the full story on TreeHugger See the original post here: Oil and ...

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Report: Exxon Still Orchestrating Campaign to "Undermine Public Acceptance of Global Warming"

published February 8, 2010 and has No Comments

Photo via Syracuse I have a challenge for you: try to come up with a company that better exemplifies the archetype of the nefarious, greed-driven, monolithic corporation than Exxon. Besides Haliburton. You have until the end of this blog post to do so. But it's a tall order: Exxon is behind ... Read the full story on TreeHugger Continued ...

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Obama Seeks to Cut $38 Billion Coal & Oil Subsidies Out of Budget

published February 2, 2010 and has No Comments

Photo via CO2 Post We've heard this one before; Obama threatening to sever subsidies to the fossil fuel industry. He called for ending the subsidies during his SOTU , and was doing so even before that. Now, he's proposing that $36 billion worth of those subsidies for oil and $2.3 billion for coal (both get $70 billion a year ...

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Shell Invests $1.6 Billion+ in Brazilian Biofuels - Will Become One of World’s Largest Ethanol Producers

published February 2, 2010 and has No Comments

photo: Robert Gale via flickr. Royal Dutch Shell has announced that it has a signed a memorandum of understanding with Brazilian biofuel company Cosan that would create a $12 billion joint venture for the production and distribution of sugarcane-based ethanol. Both companies will contribute Brazilian assets to the joint venture and Shell will pony up an additional $1.625 billion ...

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Foreign Oil Lobbyists Mobilize to Protect Newfound Ability to Influence US Elections

published January 28, 2010 and has No Comments

Photo via Cleveland Blog The US Supreme Court decision handed down earlier this week determined that corporations should be treated as individuals--and should face no restrictions on spending to support political candidates. In the wake of overturning a century-standing law, the way was paved for foreign companies to spend freely to influence US elections, too. And yes, that means ...

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Oil Spill in Istanbul as Cargo Ship Runs Aground

published January 23, 2010 and has No Comments

Cleaning up an oil spill in the Kilyos area of Istanbul. Photo via Hürriyet . From my window, I can inevitably see -- at least when it's not snowing out -- a flotilla of cargo ships waiting their turn to pass through the Bosphorus Strait as they make their way from the Mediterranean to the Black Sea . This ...

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Clean Energy Reform Opposition Bankrolled by Oil-Rich Nations

published January 14, 2010 and has No Comments

Photo via Surety International Old news: oil companies are bankrolling the efforts to stop clean energy reform from taking root in the Senate. They've spent millions on lobbying campaigns alone--this is old hat. Even fellow foes of clean energy reform can't deny big oil is trying its best to muck up the climate bill. Well I guess they could. ...

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The US Imports 1.5 Billion Barrels of Oil a Year from "Dangerous or Unstable" Nations

published January 14, 2010 and has No Comments

You may have heard this song before, but it's one well worth replaying: the United States imports 4 million barrels of oil a day--adding up to 1.5 billion a year--at a cost of nearly $1 billion a day. That's $1 billion dollars a day that we're sending to nations with governments that are listed as "unstable or dangerous" by ...

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Ecuador’s Plan to Protect the Amazon Gets Deadline, Minister Resigns

published January 13, 2010 and has No Comments

Fander Falconi, Former Foreign Affairs Minister of Ecuador. Photo: Reuters . Fander Falconí, Foreign Affairs Minister of Ecuador, has resigned due to differences with president Rafael Correa in the issue of the country's plan to protect the Yasuni reservation at the Amazon forest . The president of Ecuador has also set a deadline for the project. If expectations not ...

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US Public Lands Will No Longer Be Oil Industry’s Candy Store: Secretary of Interior

published January 7, 2010 and has No Comments

photo: Wellington Grey via flickr. Secretary of Interior Ken Salazar is an interesting guy: Vocally supportive of renewable energy (yay!) but also a fan of more oil shale development (nay!). Well here's one more example of that. The New York Times reports that Salazar has said that under his watch public lands will no longer be a "candy store" ...

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