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Climate activists opposed to the Mountain Valley pipeline were accused of breaking West Virginia’s new critical infrastructure law
A case in point: When Ecuador placed a windfall tax on foreign oil operations, French and U.S. companies filed claims—and were awarded more than $800 million.
The Center for Climate Integrity (CCI) helps communities hold oil and gas corporations accountable for the massive costs of climate change.
From farmers to disaster survivors, new plaintiffs and progressing lawsuits are putting pressure on industry polluters.
Numerous prominent petroleum geologists have been warning for years about the resources limitations of oil both in the U.S. and globally. It’s now looking like the wolf is nearing the door.
New research shows the company’s scientists were as “skillful” as independent experts in predicting how the burning of fossil fuels would warm the planet and bring about climate change.
Since the Paris Agreement in 2016, the world’s 60 largest private banks financed fossil fuels with USD $6.9 trillion. Nearly half – $3.3 trillion – went towards fossil fuel expansion. In 2023, banks financed $705 billion in fossil fuel financing with $347 billion going to fossil fuel expansion alone.
Over the past 50 years, humans have extracted the Earth’s groundwater stocks at a steep rate, largely to fuel global agro-economic development. Given society’s growing reliance on groundwater, we explore ‘peak water limits’ to investigate whether, when and where humanity might reach peak groundwater extraction. Using an integrated global model of the coupled human–Earth system, we simulate groundwater withdrawals across 235 water basins under 900 future scenarios of global change over the twenty-first century. Here we find that global non-renewable groundwater withdrawals exhibit a distinct peak-and-decline signature, comparable to historical observations of other depletable resources (for example, minerals), in nearly all (98%) scenarios, peaking on average at 625 km3 yr−1 around mid-century, followed by a decline through 2100. The peak and decline occur in about one-third (82) of basins, including 21 that may have already peaked, exposing about half (44%) of the global population to groundwater stress. Most
Oil in the North Sea is expected to be net-energy negative by 2031. This means that in 2031, it’ll cost more energy to extract the fossil fuels than we would gain by using them, rendering extraction unfeasibly expensive. Yet, rather than use our remaining years of access to these fuels to turbo-charge new energy infrastructure, fossil fuels are being extracted and burned for business as usual: quick cash. Around the world, the lights will go off in nations that don’t have back-up renewables. That’s most of them.
European and US oil and gas majors have made profits of more than a quarter of a trillion dollars since Russia invaded Ukraine, according to a new analysis by Global Witness marking two years since the conflict began. After posting record gains in 2022 off the back of soaring energy prices, the big five fossil fuel companies paid shareholders an unprecedented $111 billion in 2023. In the hottest year ever recorded, this figure is some 158 times what was pledged to vulnerable nations at last year’s COP28 climate summit.
In a previous post, I defined this graph as “the most amazing graph of the 21st century.” It shows how the US oil production restarted growing in 2010, picking up speed and surpassing the historical record of the “Hubbert Peak,” which took place in 1970. It overcame the dip caused by the Covid pandemic and, two years after my first post on this subject, it keeps growing.
A new paper published in the journal Science has warned that melting areas in the Arctic have become 'frontlines for resource extraction', describing it as a 'modern day gold rush'.
Saudi Arabia is driving a huge global investment plan to create demand for its oil and gas in developing countries, an undercover investigation has revealed. Critics said the plan was designed to get countries “hooked on its harmful products”. Little was known about the oil demand sustainability programme (ODSP) but the investigation obtained detailed information on plans to drive up the use of fossil fuel-powered cars, buses and planes in Africa and elsewhere, as rich countries increasingly switch to clean energy.
But the decline in oil, gas and coal will not be steep enough to limit global warming to 1.5C
BP, Shell, and TotalEnergies found to be leading a multi-pronged influencing campaign that could lock in fossil gas across both continents, with push back coming from more renewables-focused European energy players.
California has sued five of the largest oil and gas companies in the world, alleging that they engaged in a 'decades-long campaign of deception' about climate change and the risks posed by fossil fuels.
Study highlights conflict between Washington’s claims of climate leadership and its fossil fuel growth plans
Forecast downturn still ‘nowhere near steep enough’ to limit temperature rise to 1.5C, says watchdog
Just Stop Oil is a coalition of groups working together to ensure the Government commits to halting new fossil fuel licensing and production.
