big oil

Dirty Pipelines Are Bad Investments and a Reputational Risk for Banks

Dirty Pipelines Are Bad Investments and a Reputational Risk for Banks

By Leola Abraham Growing Resistance The banking industry should stop funding extreme fossil fuel pipeline projects that impact the climate and violate human rights. These projects are risky for banks as they face mounting pressure from a growing resistance movement and increased reputational risk in a world that is recognizing the urgent need to rapidly […]

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    One of the Most Important Agencies You’ve Never Heard of Is Being Taken Over by Trump

    One of the Most Important Agencies You’ve Never Heard of Is Being Taken Over by Trump

    By Kim Smaczniak Most Americans probably don’t know that an independent—and up to now nonpartisan—government agency has played a key role in our nation’s transition to cleaner energy technologies. Under the radar and hidden beneath a layer of technical jargon, the Federal Energy Regulatory Commission (FERC) has shepherded changes to electricity market rules that have […]

    South Portland, Maine Wins Critical Fight vs. Big Oil

    South Portland, Maine Wins Critical Fight vs. Big Oil

    The city of South Portland, Maine has won an important victory in a three-year legal battle to stop a pipeline company from offloading tar sands crude oil on its waterfront, after a judge ruled Friday that the city’s ordinance against the activity was constitutional, The Portland Press Herald reported. Portland Pipe Line Corp. had wanted […]

    Climate Activists Turn Up the Heat on NY Gov. Cuomo With Sit-In

    Climate Activists Turn Up the Heat on NY Gov. Cuomo With Sit-In

    By Andrea Germanos Dozens of young New Yorkers on Wednesday are occupying the Manhattan office of Gov. Andrew Cuomo to demand he reject fossil fuel money. “We’re here fighting for the people that we love and the places we call home,” said one of the activists with the Sunrise Movement, the youth-led group behind the […]

    ‘Watershed Moment for Climate Liability’ as Rhode Island Files Historic Lawsuit Against 21 Big Oil Companies

    ‘Watershed Moment for Climate Liability’ as Rhode Island Files Historic Lawsuit Against 21 Big Oil Companies

    By Jessica Corbett In what advocates are calling a “watershed moment” for climate litigation, Rhode Island’s Democratic Attorney General Peter F. Kilmartin announced on Monday that the state has filed a lawsuit against 21 major oil companies—including BP, Chevron, ExxonMobil and Shell—”for knowingly contributing to climate change, and causing catastrophic consequences to Rhode Island, our […]

    Permian Basin Pipeline Will Carry Out 1 M Barrels of Crude Oil Per Day

    Permian Basin Pipeline Will Carry Out 1 M Barrels of Crude Oil Per Day

    ExxonMobil and Plains All American Pipeline announced Tuesday a joint pursuit to construct a multi-billion dollar pipeline that will transport more than 1 million barrels of crude oil and condensate per day from the oil-rich Permian Basin to the Texas Gulf Coast, the Houston Chronicle reported. The proposed pipeline will stretch hundreds of miles from […]