"For many in the carbon accounting community, these associations sit uneasily alongside the need for credible, independent and science-based climate work" - reputational damage, along with the climate violence... London's Science Museum can't afford to keep taking the money #FossilCapital […]
Celebrating #FossilCapital yesterday
www.reutersconnect.com/item/protesters-stage-a-...
"Thursday’s legislation will give private firms control over the sale and production of Venezuelan oil."
Who said crime doesn't pay? #FossilCapital
https://aje.news/ed25py
"Nearly 70 percent of US refining capacity is designed for heavier crude, according to the American Fuel and Petrochemical Manufacturers, a relic of heavy investment made before the more recent boom in shale drilling"
Tragic details of #FossilCapital driving #climatebreakdown
https://aje.news/0c8gj6
Venezuela nationalised their #oil ... useful explaineriser #FossilCapital #regimechange with echoes of #iranformerlyPersia (how's that going?) #journalism
news.sky.com/story/trump-says-the-qui...
Surely #MarkCarney gets #climatebreakdown - didn't he talk about 'stranded assets' when he was at #BankofEngland? #FossilCapital
"...the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity..."
https://aje.io/adfn9q
In the UK? Name our storms!
Concerted efforts to suggest Big Oil, BP, Equinor, Exxon and Shell could win out where #boatymcboatface failed... or at least get similar media attention
#extremeweather #climatebreakdown #FossilCapital
www.metoffice.gov.uk/forms/name-our-storms-ca...
Shell and Equinor are forming a new joint venture, Adura, which will be the new owner of the Rosebank oil field.
Adura looks to be exploiting a loophole that allows Shell to write off its profits against Equinor’s tax losses.
File under #FossilCapital
#StopRosebank […]
The science is settled. The timeline is not. The new denialism isn’t disbelief—it’s delay.
#ClimateAction #ClimateDelay #FossilCapital #DiscoursesOfDelay #Policy #Power #Anthropocene
@spe seems to be getting on with stuff in the #NigerDelta
spellingmistakescostlives.com/so/d2Pg3A51q
End Fuel Poverty Coalition co-ordinator Simon Francis said: “The real emergency is that by 2027, the UK won’t even produce enough gas to heat our homes and only 14 per cent of all the gas that ever existed in the North Sea is left."
...
“Real energy security comes from backing British renewables […]
Describing the COP climate meeting as having become more like a “festival for the oil-producing countries”, Talia said Tuvalu is also exploring a range of alternative initiatives...
...Representatives of oil-producing countries are now attending the COP climate meetings in “big numbers”, Talia […]
The UK's Reform Party is the political arm of the fossil fuel industry: during the period 2019-2024, over 90% of Reform's funds were sourced from oil and gas investors, aviation entrepreneurs and climate science deniers
#UKPolitics #FossilCapital #bringsciencetopolitics […]
Analysis of U.S. federal lobbying disclosures from 2005 through 2024 identifies the fossil fuel sector as the primary force behind a multipronged $954-million (2024 USD) lobbying campaign of the U.S. federal government regarding carbon capture, use and storage (CCUS) and closely related subjects […]
"While companies that had bought credits with PCX were getting 'plastic neutral' status, most of the plastic was burned as fuel in cement factories..."
Ghastly pantomime of offsetting, another money-making business in itself #ecologicalbreakdown #FossilCapital #venomouslumpsucker […]
Reminder of how #FossilCapital can devastate - how to see a different future for #DRC? #ClimateJustice
https://aje.io/tc64vt
Trying to clarify finances of proposed oil extraction at #Rosebank - would UK Treasury actually pay out, or just not receive, estimated £258m? #FossilCapital #Equinor
www.upliftuk.org/post/rosebank-private-pr...
"In 2024, the UK left the Energy Charter Treaty – the world’s most used ISDS agreement – because of the threat it posed to our transition away from fossil fuels.
Despite this, the UK has just committed to including ISDS in its future trade deals. This means that if the UK wants to create new […]
"Tom Emmer is a senior member of Congress... He and his five fellow Republican lawmakers wrote in the letter, published Monday: "We would like to know how your government plans on mitigating wildfire and the smoke that makes its way south."..."
#irony #climatebreakdown #FossilCapital […]
@kritischelezer Does the word "auction" mean this group paid to be put in charge? Terrifying anyway, but WTAF
Useful mindmap of some favourite #FossilCapital stories
https://drilled.media/news/petroganda-narratives
@CelloMomOnCars #FossilCapital not even pretending to give a damn. A plague on both their houses
In UK? Climate protest opportunity...
Met Office is asking people to suggest up to 5 names for storms.
Let's try for a Boaty McBoatface moment and all suggest BigOil, BP, Equinor, Exxon, Shell
#FossilCapital
Met Office page is: www.metoffice.gov.uk/forms/name-our-storms-ca...
@CelloMomOnCars
"...we will need lifestyle change and collective action. Both of these have to work together..."
Also good to recognise that #FossilCapital can benefit from disparagement of the whole 'footprint' concept
bit.ly/CLNZine
"In an unusually frank admission of lobbying children, a web page promoting the game stated that it “aligns with our work to build future talent pipelines and secure permission to operate at a time of sensitivity around fossil fuels, particularly in light of . . . the Rosebank development" " […]
Hadn't quite realised Canada is still on fire #allaboutKingCharles #FossilCapital
"Elsewhere, wildfires in the province of Alberta have prompted a temporary shutdown of some oil and gas production"
www.dw.com/en/canada-thousands-evac...
@mash
"Climeworks does not capture enough carbon units to offset its own operations, emissions amounting to 1,700 tons of CO2 in 2023" #greenwash #FossilCapital
@BashStKid Let's see if #PrivateEye are chasing this up... he's certainly been all over the Middle East #oilymoney #FossilCapital