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EartherEnergy
Countries Invested in Drilling for Oil Unsure About This Not Drilling for Oil Thing
Oil-producing heavyweights like Russia and Saudi Arabia will not go quietly into the night. This week, ministers from those and other countries slammed the latest report from the International Energy Agency calling for all new oil and gas development to stop by next year, using some pretty heated (and funny) rhetoric. The “euphoria” around the … Continued
By Molly Taft -
EartherClimate Change
The First Constitutional Fight Over Oil Drilling in the Caribbean Ramps Up in Guyana
Two Guyanese climate activists are taking their nation’s government to court. Late last month, the plaintiffs filed a lawsuit alleging that a deal Guyanese officials struck with Exxon allowing the energy company to expand its oil production off the country’s coast violates their right and the right of future generations to a healthy environment. “These … Continued
By Dharna Noor -
EartherEnergy
Russia Begins Development on Arctic Oil Project That Will Produce 25 Million Tons of Oil Per Year
Russia’s national oil company has begun construction on a massive project in the Arctic that officials say will produce 25 million tons of oil each year by 2024. The new operation is possible only because the Arctic is now traversable in places and at times it previously wasn’t, due to sea ice levels plummeting as … Continued
By Molly Taft -
EartherEnergy
What Happens to Exxon Now?
An activist investor that staged a coup at Exxon on Wednesday over the company’s mishandling of climate change and got two new board members elected has generated headlines around the world. But that coup is a little more complex than it seems at first glance. Wednesday’s win was, in part, a victory because of just how … Continued
By Molly Taft -
EartherClimate Change
We’re Speeding Toward Climate Hell, UN Warns
The world may surpass the key 1.5-degree-Celsius (2.7-degree-Fahrenheit) global warming threshold within the next five years, a major new outlook on climate trends shows. It’s the latest sign that we’re speeding toward the grim future that climate scientists have warned about for years unless we change course. The report released by the World Meteorological Organization … Continued
By Dharna Noor -
EartherClimate Change
Exxon and Chevron Got Their Teeth Kicked In, But Shareholders Won’t Finish the Job
To say Tuesday was a bad day for Big Oil is an understatement. Chevron and Exxon, the two largest oil companies in the U.S., got rolled by their own investors. Shell also suffered a crippling defeat in a Dutch court in what may end up being the biggest win for the climate. But it’s the … Continued
By Brian Kahn -
EartherEnergy
Shareholders Tell Exxon to Eat Shit
History was made at ExxonMobil’s annual shareholder meeting Wednesday when investors essentially staged a coup, voting to oust at least two members of the board due to the company’s poor performance on climate change. Don’t let the door hit you on the way out! Those members will be replaced by climate activists backed by investor … Continued
By Molly Taft -
EartherClimate Change
Shell Just Got Wrecked in Dutch Court
A court in the Netherlands just handed down a landmark ruling, ordering Shell to slash its carbon pollution 45% by 2030. It’s hard to overstate how radical the ruling is and the far-ranging impacts it could have not just for the Dutch oil giant but oil companies around the world. Milieudefensie, the Dutch chapter of … Continued
By Brian Kahn