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A train at Metro-North Railroad's Croton-Harmon station, in the aftermath of Hurricane Sandy on Oct. 30, 2012. Metropolitan Transportation Authority of the State of New York / CC BY 2.0

The Big Apple Loses to Big Oil as Judge Dismisses Climate Liability Suit

A federal judge ruled on Thursday in favor of a motion by five big oil companies to dismiss a lawsuit brought against them by New York City, which demanded they pay the costs of adapting the city's infrastructure to climate change, The New York Times reported.

The ruling comes nearly a month after a federal judge in San Francisco dismissed a similar case brought by the cities of Oakland and San Francisco.

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Energy
Vehicle charging points at a railway station in France. François GOGLINS via Wikimedia Commons

Electric Vehicle Sales Foretell a Big Oil Crash

By Paul Brown

Oil and gas companies have underestimated probable electric vehicle sales and the effect they will have on their own businesses and profits, a new report says.

If the car manufacturers' projections of future sales of electric cars are correct, then demand for oil will have peaked by 2027 or even earlier, sending the price of oil in a downward spiral as supply exceeds demand, said Carbon Tracker (CT), an independent financial think-tank carrying out in-depth analysis on the impact of the energy transition on capital markets.

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Climate
Pexels

Global Carbon Emissions on the Rise Again Due to Coal Comeback

Global carbon dioxide emissions from energy use increased 1.6 percent in 2017 following three years of stagnation, according to a new report from British oil giant BP.

The analysis, published Wednesday, further emphasizes worldwide failure to meet the goals struck by the Paris agreement to avoid the worst impacts of climate change.

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Climate
Storage tanks on the hillside at the Chevron refinery above Point Richmond, CA. Shayan (USA) / CC BY 2.0

Climate Litigation Against Big Oil Heats Up

By Jason Mark

Can any one group of actors be held responsible for the damages caused by global climate change?

That was the central question argued in federal court on Thursday as attorneys representing San Francisco and Oakland tried to beat back efforts by ExxonMobil, BP, Chevron, ConocoPhillips and Royal Dutch Shell to have a judge throw out a potentially groundbreaking climate change related lawsuit.

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Climate
Seattle's snow-covered mountains and marine ecosystems are at risk due to climate change. Daniel Schwen / Wikimedia Commons / CC BY-SA 4.0

Seattle County Files 11th U.S. Climate Liability Lawsuit Against Big Oil

King County, which covers the Seattle metropolitan area, followed the lead of 10 other cities and counties in the U.S. when it filed a lawsuit Wednesday against the world's five largest oil companies for damages incurred by climate change, a county press release announced.

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Politics
The Q4000 at the Deepwater Horizon accident site. James Davidson / CC BY-NC 2.0

Deepwater Horizon Anniversary: Trump Administration Ignores Advice on Preventing Explosions, Injuries, Blowouts

The Trump administration is ignoring advice from the bipartisan commission that investigated the BP Deepwater Horizon disaster as officials move to repeal offshore drilling safety regulations adopted in its aftermath.

Friday is the eighth anniversary of the explosion that killed 11 oil workers and caused more than 210 million gallons of oil to flow uncontrolled into the Gulf of Mexico for more than three months, killing thousands of marine mammals and birds.

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Climate
A fire broke out at the Chevron refinery in Richmond, California in 2012. Pascal POGGI / Flickr

Chevron Presents on Climate Science While Oil Companies Move to Dismiss Landmark Case

This was a big week for the suit brought by San Francisco and Oakland against the five largest investor-owned fossil fuel companies for the costs associated with adapting to climate change.

First, the five companies in question—Chevron, ConocoPhillips, ExxonMobil, BP and Royal Dutch Shell—filed a motion Tuesday to dismiss the case, arguing that the U.S. Supreme Court and the U.S. Court of Appeals for the Ninth Circuit had dismissed similar cases in the past because the U.S. Environmental Protection Agency, not private companies, is responsible for setting and enforcing carbon dioxide levels, Forbes reported.

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Energy

Trump Administration Offers 77 Million Acres in Gulf of Mexico to Oil Industry

The Trump administration is holding the biggest offshore oil and gas lease auction in U.S. history Wednesday, offering all 77 million acres of unleased, available federal waters in the Gulf of Mexico.

The sale comes as administration officials seek to rescind drilling safety rules approved after the BP Deepwater Horizon disaster, reduce royalties paid by oil companies, and expand offshore drilling into every ocean in the country.

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Energy
Statoil / YouTube

Early April Fool's Joke? Statoil Rebrands Itself as Equinor

By Andy Rowell

First came BP, which went from British Petroleum to Beyond Petroleum. Then Denmark's Dong Energy changed its name to Orsted, to mark its departure from oil and gas. Then earlier this year Shell announced it was morphing from an oil company into an integrated energy company.

And now, the Norwegian company Statoil is proposing to change its name to "Equinor." The rebranding exercise—or what some may call greenwashing exercise—will cost as much as 250 million kroner or $32 million.

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