oil

Join our newsletter

The best of EcoWatch, right in your inbox. Sign up for our email newsletter!

    Sea Level Rise Is Speeding up Along Most of the U.S. Coast

    Sea Level Rise Is Speeding up Along Most of the U.S. Coast

    Sea level rise in most of the U.S. is speeding up. That’s the conclusion of William & Mary’s Virginia Institute of Marine Science (VIMS) latest annual sea level “report card” that measures tide gauges at 32 locations along the U.S. coast. At 25 of the 32 sites, sea level rise accelerated at higher rates in […]

    Homeland Security Listed These Climate Activists as ‘Extremists’ Alongside Mass Killers

    Homeland Security Listed These Climate Activists as ‘Extremists’ Alongside Mass Killers

    Internal documents from the Department of Homeland Security reveal that non-violent demonstrators targeting the oil industry were classified as “extremists,” with some organization members listed alongside known white supremacists, as The Guardian reported. Five members of Climate Direct Action — Michael Foster, Ken Ward, Emily Johnston, Annette Klapstein, and Leonard Higgins — have been dubbed […]

    California Ramps up Fossil Fuel Fight With Ban on Fracking

    California Ramps up Fossil Fuel Fight With Ban on Fracking

    California Gov. Gavin Newsom imposed new restrictions on oil exploration in his state yesterday by putting a moratorium on hundreds hydraulic fracturing permits until the projects are reviewed by independent scientists, as the AP reported. His mandate also banned new wells from being drilled using a new method that employs a high-pressure cyclic steaming process. […]

    The Federal Reserve Finally Talks About the Climate Crisis

    The Federal Reserve Finally Talks About the Climate Crisis

    It seems the reality of the climate crisis is too much for the Federal Reserve to ignore anymore. For the first time, the Federal Reserve Bank of San Francisco, one of its 12 branches, held the system’s first climate-related economic conference last week. By hosting “The Economics of Climate Change” conference the Federal Reserve signaled […]

    Government Loophole Sacrificed $18 Billion to Big Oil

    Government Loophole Sacrificed $18 Billion to Big Oil

    Federal investigators found that big oil companies have taken advantage of a government loophole that gave energy companies a break on paying royalties when drilling in deep water. The loophole has allowed some of the world’s largest energy firms to pocket an extra $18 billion, as Bloomberg reported. The Government Accountability Office’s (GAO) detailed accounting […]