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Browsing the "Big Oil" Tag

Institutional Investors Are Running Away From Big Oil, & Towards The “Safe Haven” Of Clean Tech

January 1st, 2021 | by Guest Contributor

The global transition from fossil fuels to clean energy isn’t going to happen because it’s the best choice for human health and the environment. Observing the way humans have responded to the current pandemic should put to rest any delusions about our propensity to “do the right thing.” No, companies and investors will abandon polluting energy sources when they become convinced that it’s the profitable thing to do


The Oil & Gas Industry Doesn’t Have A Bright Future

June 2nd, 2020 | by Gerard Reid

The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower prices for crude oil and natural gas the natural result


Why Are We Subsidizing Fossil Fuels? Seriously

May 24th, 2020 | by Guest Contributor

Supporting renewables can cut emissions and boost the economy, all while providing cost-competitive energy. Yet the Trump Administration continues propping up the fossil fuel industry — despite the sector facing real financial problems that began long before the COVID-19 pandemic


Bail Out The American Public, Not Big Oil

April 12th, 2020 | by NRDC

The COVID-19 pandemic is a national crisis, and the need to address the health and safety of communities and workers across the nation is paramount. Yet a number of political leaders are making sure to look out for their corporate friends. Last week, some of the most reliable servants of the fossil fuel industry in the House and Senate sent letters to Interior Secretary Bernhardt asking him to grant royalty relief, lease extensions, and other favors to the oil, gas, and coal industries


Fossil Fuel Drilling Is Making Texans Sick (Video)

March 2nd, 2020 | by Nexus Media

In Texas, methane leaking from fracking sites is not only heating the planet. It’s also making people ill. Locals have reported headaches, nosebleeds, and respiratory problems, and they are calling on fossil fuel companies to clean up their act



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