By Margaret Kadiri | – The UN climate summit COP26, held in November 2021, focused the world’s attention on the urgent need to tackle climate change and concluded with 197 countries agreeing to the Glasgow climate pact. But opinions on the summit’s success are polarised. We owe a profound gratitude to the developing nations – […]
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Petroleum
US Maximum Pressure Foiled as Iran’s new Best Friend, China, imports as much as 18 million barrels a month of its Oil
Ann Arbor (Informed Comment) – China continues to rescue Iran from Washington’s financial and trade blockade on Iran, which by May, 2019, had reportedly reduced its petroleum exports from 2.5 million barrels a day to only about a tenth of that. Petroleum is a major source of income for Iran, and benefits the government and […]
In 1953, the Republican Party overthrew the Iranian Government; on 1/6/21 it used the Same Techniques against the elected President
Ann Arbor (Informed Comment) – On January 6, 2021, Trump attempted to make a coup and remain in power despite losing the election to Joe Biden. Although many American pundits speak of Trump’s action as unprecedented, actually the Washington elite has a long history of making or backing coups d’etat in other countries. One of […]
Keep it in the Ground: We can’t limit Global Heating to Safe Levels unless We Ban all new Oil and Gas Fields
By David Waltham | – As a professor of geophysics, I have spent 36 years training young geologists destined to work in the fossil fuel industry how to look for oil and gas. But now I believe it’s time to stop fossil-fuel exploration and halt the development of all new oil and gas fields. We […]
A century of Criminality: How the car and gas industry knew about the health risks of leaded fuel but sold it for 100 years anyway
By Bill Kovarik | – On the frosty morning of Dec. 9, 1921, in Dayton, Ohio, researchers at a General Motors lab poured a new fuel blend into one of their test engines. Immediately, the engine began running more quietly and putting out more power. The new fuel was tetraethyl lead. With vast profits in […]
Climate Emergency: Big Oil wants to go on drilling while greenwashing with imaginary “Carbon Capture”
By June Sekera and Neva Goodwin | – After decades of sowing doubt about climate change and its causes, the fossil fuel industry is now shifting to a new strategy: presenting itself as the source of solutions. This repositioning includes rebranding itself as a “carbon management industry.” This strategic pivot was on display at the […]
Why We Can’t Trust the World Bank to Stand Up to Powerful Fossil Fuel Companies
By Manuel Pérez-Rocha | – ( Inequality.org) – At the international climate change negotiations in Scotland, the World Bank tried to position itself as a global champion in alleviating the climate crisis. In reality, this multilateral financial institution has been promoting and defending extractive and fossil fuel industries. In a courageous column in the Guardian, […]
Top 5 Loopholes left by COP26 for Big Carbon that need to be Closed
By Jeremy Moss | – For the Glasgow climate summit to be judged a success, a key outcome had to be that parties agree the majority of the world’s fossil fuel reserves need to be left in the ground. As recent research suggests, 89% of coal and 59% of gas reserves need to stay in […]
Global emissions almost back to pre-pandemic levels after unprecedented drop in 2020, new analysis shows
By Pep Canadell, Corinne Le Quéré, Glen Peters, Pierre Friedlingstein, Robbie Andrew, and Rob Jackson | – Global carbon dioxide emissions have bounced back after COVID-19 restrictions and are likely to reach close to pre-pandemic levels this year, our analysis released today has found. The troubling finding comes as the COP26 climate talks continue in […]