Browsing the "oil" Tag

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Trump plan to open National Forests to oil and gas drilling rebuked as attack on biodiversity and indigenous lands

Defenders of wildlife and biodiversity on Tuesday decried a proposal released by President Donald Trump’s Department of Agriculture that would sharply curtail the U.S. Forest Service’s ability to weigh in on the activities of oil and gas giants in the country’s national forests, opening millions of acres of protected land to drilling operations. By Julia Conley Common Dreams The […]

September 5th

Big oil and coal are in big trouble despite billions in bailouts

Just over a month ago, President Trump claimed victory for saving Big Oil, saying that he ‘created it’ and then he ‘saved it.’ But like many, many claims by the President, this fantasy is false. Despite upwards of $7 billion in taxpayer-backed Paycheck Protection Program loans, billions more in tax breaks, and waiving environmental rules by federal agencies that gave corporations […]

September 4th

Trump rebuked for ‘Breathtakingly Vicious’ plan for fossil fuel lease sales in California amid historic wildfires

Especially given the climate-fueled wildfires ravaging the region, conservationists sounded alarm Thursday in response to a Trump administration proposal for an oil and gas lease sale in California, which would be the state’s first such federal auction in eight years. By Andrea Germanos The Conversation At issue are over 4,300 acres of public land in Kern […]

August 29th

Has BP just woken up to the #ClimateEmergency? Oil giant announces 40% production cut by 2030

Amid declining oil consumption worldwide during the Covid-19 pandemic, oil giant BP on Tuesday said it would reduce its oil and gas production by 40 percent by 2030. Climate campaigners said the announcement—on top of a $16.8 quarterly loss—should be a warning to other giants in the industry about the economic writing on the wall when it comes to the […]

August 5th

Big oil companies talk “net zero” goals (But their actions don’t live up)

What are we doing to keep our planet habitable? Well, the oil industry certainly wants you to think that its continued existence is perfectly compatible with a non-deadly atmosphere, but is it? No, not really. By Climate Denier Roundup That’s a simplified description of findings from a new report from the Transition Pathway Initiative (TPI), which […]