Browsing the "drill baby drill" Tag

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With dirty energy sector crashing, nearly 70 groups urge Fed to stop buying up wasteful fossil fuel industry debt

A coalition of nearly 70 advocacy organizations is demanding that the Federal Reserve immediately stop using its emergency Covid-19 lending facilities to buy up fossil fuel debt, warning that rescuing the faltering oil and gas industry is both a bad investment of public money and disastrous for the climate. By Jake Johnson Common Dreams The Federal Reserve Board’s “decision […]

August 3rd

Pressured by climate activist groups, Deutsche Bank ditches drilling in the Arctic

Climate activists are celebrating Deutsche Bank’s new energy policy banning financial support of drilling in the Arctic, a move which comes after years of pressure from advocacy groups. The bank, a multinational investment company headquartered in Germany, announced Monday that it will no longer offer financial services to new projects that involve drilling for oil […]

July 29th

Election 2020: The next election is about the next 10,000 years

The upcoming election looks to be an apocalyptic turning point for our democracy—and our planet. In Turnout! Mobilizing Voters in an Emergency, political visionaries and movement leaders such as Bill McKibben define the urgency of this moment and provide a manual for turning out voters in an age of extreme inequality, climate change, and pandemic. By […]

July 28th

‘For a Greener Future’: Omar, Sanders introduce bill to end destructive taxpayer subsidies for fossil fuels

Progressive Democrats led by Rep. Ilhan Omar and Sen. Bernie Sanders on Friday introduced a bill to eliminate fossil fuel subsidies and other industry giveaways, calling taxpayer support of the climate-killing business- a counterproductive and dangerous use of federal funds as the climate crisis worsens and Americans suffer through an economic downturn sparked by the […]

July 27th

Activists ramp up pressure on insurers after Swiss company ditches climate-wrecking Trans Mountain Pipeline

Climate campaigners and Indigenous activists celebrated after reporting from Reuters revealed on Wednesday that the Swiss insurance giant Zurich will soon stop providing coverage to the Canadian government-owned Trans Mountain Pipeline, increasing the pressure on other insurers to also ditch the existing tar sands pipeline and long-delayed expansion project. By Jessica Corbett Common Dreams “Zurich has done the right thing by refusing to […]

July 23rd

Is a far-right militia taking over the Bakken oil fields?

A bombshell story from Justin Nobel at DeSmogblog yesterday reports that members of the Three Percenters have infiltrated the Bakken oil fields. To those steeped in climate change, a group of people called “Three Percenters” may be mistaken for the name of those who deny the consensus about climate science shared by 97% of scientists. While that’s […]

‘This Is Not Frugal. This Is Stupid’: EU’s $2.1 trillion coronavirus deal falls short on demand for just, green recovery

Climate campaigners on Tuesday chastised European Union governments for failing to deliver a just, green recovery in a $2.1 trillion stimulus fund and long-term spending plan celebrated by regional leaders as a “historic” deal after an “acrimonious” summit that dragged on for nearly five days. By Jessica Corbett Common Dreams Greenpeace E.U. climate policy adviser […]

July 22nd

Green Recovery? Tracker shows G20 nations pumping $151 billion into fossil fuel industry amid pandemic

While campaigners around the world continue to demand a just, green recovery from the ongoing coronavirus pandemic, new data from a global Energy Policy Tracker shows that the richest countries on Earth have committed billions of dollars in public money to support fossil fuels since the start of the public health crisis. By Jessica Corbett Common Dreams The new […]

July 21st

Election 2020: The GOP wants you to fear China and love big (American) oil and fracking

A month ago, Abby Smith at the Washington Examiner warned that Republicans were rolling out a new propaganda plank: attacking China on critical minerals – like lithium and cobalt – that are key components of battery and clean energy technologies. The fact that these are also essential ingredients to basically all advanced technology(phones, computers, etc) is generally […]

As science shows fracking drives methane pollution, big oil says voluntary measures will suffice

Last week,, a pair of studies showed that the amount of methane, a powerful greenhouse gas, in the atmosphere has risen to record levels, and that while globally agriculture remains a key source of methane, fossil fuels are to blame for 80% of the increase in methane pollution in North America. Between 2000 and 2017, methane concentrations […]

Environmental Justice: Oil bankruptcies require a just transition (worker retraining and toxic cleanups)

The California Resources Corporation (CRC), the largest oil and natural gas exploration and production company in the state, has filed for Chapter 11 bankruptcy, potentially leaving California taxpayers on the hook for a massive cleanup. CRC and its affiliates operate approximately 18,700 wells in California, including 7,826 that are already “idle,” meaning they’ve produced little to no oil in […]

July 17th

Elected officials ask why California regulators under Newsom are approving new fracking permits

Elected Officials to Protect California (EOPCA ), a coalition of current and former elected officials opposed to fracking and increased oil and gas drilling in the state, is asking why California Governor Gavin Newsom is helping the failing fracking industry by overseeing an expansion of fracking operations during a global pandemic. By Dan Bacher In the midst of the COVID-19 pandemic, […]

July 16th

Video: Occidental Petroleum gets to write its very own Coronavirus bailout (with YOUR money)

At first, Occidental Petroleum had too many employees and too much revenue to qualify for federal aid. So how did the major oil and gas company ultimately get the bailout it wanted? In the following video from The Years Project, investigative reporter Zorka Milin explains how the company lobbied for rule changes. By The Years […]

July 16th

With misleading “Renewable” moniker, gas industry greenwashes its way into the future

In recent months, campaigns to electrify buildings have really hit their stride, with just over thirty cities so far having committed to banning gas in buildings, and requiring all new buildings to use electricity for things like heat and cooking instead. Meanwhile, the ongoing pandemic and global price war means that “oil and gas companies in the […]

‘Privatize the Profit, Socialize the Mess’: Abandoned fracking wells spew climate-killing methane nationwide

A devastating new report from the New York Times details how as fracking companies are going out of business they are leaving behind unsecured wells spewing methane and other gases into the atmosphere and paying out the same executives that drove them into bankruptcy huge bonuses—drawing condemnation from activists and climate advocates. By Eoin Higgins Common Dreams […]

July 15th