Thursday, December 13, 2018 - 03:52 • Chloe Farand

Should fossil fuel companies that knew their products contributed to climate change for nearly 40 years and did nothing about it now be allowed to have their say inside the UN climate talks?

For the International Emissions Trading Association (IETA), a business lobby comprised of some of the world’s largest fossil fuel producers and greenhouse gas emitters such as BP, Chevron, Rio Tinto, Eni, Total and Shell, the answer is yes.

Fundamentally,” the IETA writes, “we believe that our businesses should be part of the climate negotiations — because we intend to be part of the solution”.

Wednesday, October 10, 2018 - 04:25 • Chloe Farand
Read time: 5 mins

The UK Government is planning to support the expansion of a multi-billion pound oil refinery in Bahrain which could have “significant adverse environmental impacts” as part of efforts to boost British exports. 

The expansion and upgrade of the Bahrain Petroleum Company (Bapco) oil refinery complex in Sitra, east Bahrain, is expected to increase the production capacity from a maximum of 267,000 barrels per day to 380,000 barrels per day. The project is reported to cost well in excess of £5bn, according to Reuters.

The announcement comes two days after scientists from the UN Intergovernmental Panel on Climate Change (IPCC) released a landmark report warning that the world has 12 years to make urgent and massive transformations across societies to avoid dangerous levels of global warming.

Wednesday, October 10, 2018 - 03:52 • Mat Hope
Read time: 4 mins

A group of campaigners and academics has called on World Sailing’s governing body to oppose US chemical giant INEOS’ sponsorship of the UK’s America’s Cup team due to the company’s fracking activity. An open letter to the body, delivered to World Sailing's London headquarters today, says the sponsorship deal goes against the “environmentally aware behaviour” that organsiation “claims to embody and promote”.

INEOS describes itself as “the biggest player in the UK shale gas industry”. It has licenses to explore for shale gas that cover more than one million acres of the UK.

Tuesday, October 9, 2018 - 13:37 • Chloe Farand
Read time: 7 mins

Climate campaigners have accused big oil and gas companies of trying to “subvert” the divestment movement as top executives gathered in London to discuss how to use PR “to combat” the growing campaign against fossil fuel investments.

The annual Oil and Money conference, which is taking place at the luxurious Intercontinental London Park Lane hotel between Mayfair and Knightsbridge this week, is a mainstay of the oil and gas industry calendar.

The three-day meeting — a “who’s who” of the global oil and gas industry — is co-hosted by the New York Times Company and Energy Intelligence and is attended by more than 500 senior level executives from the industry.

The overwhelmingly male line-up of speakers include some of the most influential CEOs in the oil and gas sector such as BP’s chief executive Bob Dudley, Shell’s CEO Ben van Beurden and Total’s CEO Patrick Pouyanné as well as senior executives from Chevron, ExxonMobil, Glencore and Saudi Aramco.

Tuesday, October 9, 2018 - 04:55 • Mike Small
Read time: 5 mins

There was a big new climate science report released yesterday. A report that gives “a far more dire picture of the immediate consequences of climate change than previously thought” and that said “avoiding the damage requires transforming the world economy at a speed and scale” that has “no documented historic precedent”.

Monday, October 8, 2018 - 04:28 • Mat Hope
Read time: 13 mins

The Intergovernmental Panel on Climate Change (IPCC) has released a report that outlines the “unprecedented” changes necessary to prevent the world warming by more than 1.5°C. Climate campaigners have called the report “game-changing”.

While the target may be ambitious, the IPCC scientists say there are “significant” benefits to holding warming to that level, and outline a number ways it can be achieved with current and new technologies.

Monday, October 8, 2018 - 02:28 • Mat Hope
Read time: 3 mins

The government’s proposal to change planning rules to make it easier to frack the UK is an “insult to local democracy”, campaigners say.

Around 20 protestors gathered to erect a four-meter fracking rig outside the Department for Business, Energy and Industrial Strategy (BEIS) to protest against plans to make fracking sites “permitted developments”. Under the plans, fracking sites would be able to automatically proceed, rather than having to receive consent from local authorities.

The protest took place on the day the UN’s Intergovernmental Panel on Climate Change (IPCC) released a report outlining the benefits of limiting warming to 1.5C above pre-industrial levels, and suggesting a rapid phasing out of fossil fuels was necessary to achieve the goal.

Sunday, October 7, 2018 - 18:00 • Mat Hope
Read time: 6 mins

The scientists are clear: “rapid, far-reaching and unprecedented changes in all aspects of society” are needed if the humans are going to prevent the world warming by more than 1.5°C above pre-industrial levels.

This news — emanating from the release of the Intergovernmental Panel on Climate Change’s (IPCC) mammoth new special report —  comes as a surprise to almost no-one. Least of all the fossil fuel industry, which has known for decades that the carbon budget that keeps that goal within reach has been rapidly depleting thanks to its products.

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