What Exxon Knew

Newly released documents show that scientists at Exxon Oil Corporation conducted research on climate change and the greenhouse effect in the late 1970s and early 1980s. Their conclusions were in accord with mainstream scientific groups in academia, NASA, NOAA, and the Department of Energy, showing that global warming posed a serious problem, with potential “catastrophic…

The history of Offshore drilling

Developing crude oil is extremely hazardous in the Arctic, because of strong ocean currents, severe storms and floating ice. (2014 report) http://www.climatecentral.org/news/melting-sea-ice-makes-arctic-drilling-a-risky-business-17018 Offshore drilling https://en.wikipedia.org/wiki/Offshore_drilling Seabed gouging by ice, Oil and gas developments in Arctic waters must address environmental concerns through proper contingency plans. Large parts of the Arctic are covered with ice. During the…

BOOM: Oil Price Collapse and why it is Important

I recently mentioned, get out of fossil energy while you still can, when the price for crude was at $64.82. Though, today it has approached $55.84, with many oil guys loosing a fortune, oil billionaire Hamm lost half his fortune in three months. And the New York Times noted, free fall in oil price underscores shift…

Boom: North America’s Explosive Oil-by-Rail Problem

The Weather Channel and InsideClimate News teamed up to investigate the problem of exploding railcars in “Boom: America’s Explosive Oil-by-Rail Problem.” The documentary accompanies an investigation by reporters Marcus Stern and Sebastian Jones, who explain why federal regulations to protect the public have been stalled by the railroads and the oil industry. Read the full…

Calls for Harvard University to Divest Fast from Fossil Fuels #TippingPoint

CNN: Stanford University has already decided it will no longer directly invest in coal mining companies because it has a responsibility to consider “corporate policies or practices (that) create substantial social injury.” Harvard is fighting climate change, too. The university has an enviably small carbon footprint and its scientists are among the most respected for…

Bill McKibben on the Carbon Bubble, Fossil Fuels

From Bill Mckibben’s acceptance speech for the Right Livlihood Award in Stockholm. ClimateCrocks: Above, Bill Mckibben accepts the Swedish Parliament’s Right Livelihood Award, known as the “alternative Nobel” prize. He describes signs of a rising global movement on climate, and the fraying edges of the Fossil Fuel front. Related The gas tax has been fixed…

UN official calls fossil fuels ‘high-risk’ investment Lima 2014 UNFCCC #TurningPoint #COP20

Christiana Figueres responds to journalists, selected parts from the Lima Climate Change Conference – press briefing, December 1st, 2014. Source: UNFCCC Executive Secretary and COP20/CMP10 President http://unfccc6.meta-fusion.com/cop20/events/2014-12-01-16-30-united-nations-framework-convention-on-climate-change/unfccc-executive-secretary-and-cop20-cmp10-president Related Climate Change 2014: Mitigation of Climate Change IPCC Working Group III Contribution to AR5 http://mitigation2014.org/ UN official calls fossil fuels ‘high-risk’ investment http://thehill.com/policy/energy-environment/225686-un-official-calls-fossil-fuels-high-risk-investment Oil Investors May Be…

Memo: Get out of fossil energy while you still can

Last Thursday’s OPEC meeting in Vienna was considered as the most important in years, which resulted in the collapse of the oil price, which still continues. Greg Muttitt noted that same day: After three years of holding steady around $110 a barrel, oil had dropped below $80. Within minutes of their decision, the price fell by another $5.…

Conservative Senator Calls out Hypocrisy of Fossil Fuel Incentives

Published on Apr 3, 2014 Senator Grassley on the importance of renewing the wind energy PTC absent comprehensive energy tax reform. Senator Charles Grassley is known to be a long time fiscal conservative Republican Senator from Iowa. Obviously, the size and scope of the Iowa wind industry belies the anti-renewable propaganda of the science denial…