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Environment

Almost every industry has an impact on the environment, and rarely is it positive. From the overexploitation of natural resources to the pollution of air, water, and soil, the era of globalized economics is also the era of globalized deforestation, water shortage, spiking cancer rates, and mass extinctions.


BP Sued By Mexican Fishing Businesses for Deepwater Horizon Spill
by Richard SmallteacherCorpWatch Blog
May 5th, 2015
British Petroleum (BP) has been sued by some 25,000 Mexican fishing businesses over the 2010 Deepwater Horizon disaster in the Gulf of Mexico. The company says it has paid $1.8 billion in compensation to U.S. businesses but has yet to offer money to those affected south of the border.

Fishing Community Sues World Bank Over Tata Mundra Power Plant
by Pratap ChatterjeeCorpWatch Blog
May 1st, 2015
An Indian fishing community is suing the World Bank in Washington DC over the environmental damage caused by a coal powered plant owned by Tata Power, the largest electricity company in India. The 4,150 megawatt plant is located in the port city of Mundra in Gujarat state.

Australian Uranium Mining Company Accused of Contaminating Lake Malawi
by Mayu ChangCorpWatch Blog
January 28th, 2015
Paladin Energy, an Australian mining company, has been accused of discharging uranium-contaminated sludge into Lake Malawi, which supports 1.7 million people in three countries – Malawi, Mozambique and Tanzania. The company began uranium mining operations in Malawi in 2009 although it suspended operations last year after ore prices fell.

Mega First of Malaysia Under Fire for Lao Dam Construction Plan
by Rozali TelbisCorpWatch Blog
December 12th, 2014
Plans for the Don Sahong dam in southern Laos have come under renewed fire from environmental activists. This week activists boycotted a regional consultation on the dam, just eight weeks after filing a formal request for an investigation of Mega First Corporation, the company that has the construction contract.

Adani Gets Billion Dollar Loan for Australian Mega Coal Project
by Richard SmallteacherCorpWatch Blog
November 26th, 2014
Adani Enterprises has been offered a $1 billion loan by the State Bank of India to support a mega coal mining project in the Galilee basin in central Queensland, Australia. Environmentalists say that the accompanying industrialization is likely to severely impact the Great Barrier Reef, 400 kilometres away.

Secwepemc Tribes Fight New Mines and Old Laws in British Columbia
by Richard SmallteacherCorpWatch Blog
October 22nd, 2014
Indigenous activists burned down a bridge in British Columbia, Canada, to prevent Imperial Metals from starting a lead and zinc mine on the lands of the Secwepemc peoples. Local tribes say that the mine may severely impact the one of the largest remaining sockeye salmon populations in the world.

Pipeline Leaks in Caspian Sea Oil Project To Cost $4 Billion
by Pratap ChatterjeeCorpWatch Blog
October 9th, 2014
Kashagan, Kazakhstan's flagship offshore oil project in the Caspian Sea, will need to spend some $4 billion to repair 200 kilometres of pipelines that are leaking corrosive sulphur-containing gas, according to new estimates. The reports confirm long standing fears of environmental organizations and the local community.

Soco International Says It Will Cancel Oil Exploration in Congo's Virunga Park
by Fatima HansiaCorpWatch Blog
June 23rd, 2014
Soco International PLC, a UK oil company, has claimed that it will halt oil exploration in Virunga National Park in the Democratic Republic of the Congo (DRC), following complaints by local communities and the World Wide Fund for Nature (WWF) about the potential environmental impact.

Papua New Guinea Landowners Win Lands Back From Malaysian Palm Oil Plantation
by Fatima HansiaCorpWatch Blog
June 16th, 2014
A Papua New Guinea (PNG) court revoked two 99 year land titles awarded to Kuala Lumpur Kepong (KLK) of Malaysia to develop palm oil plantations on 38,350 hectares of land in Collingwood Bay in Oro province following complaints of land grabbing by customary landowners.

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans
by Richard SmallteacherCorpWatch Blog
June 12th, 2014
Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its opposition to fracking.

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