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Patrick Daniel, the CEO of Enbridge Inc, is bullish about the future of unconventional oil from Canada's massive tar sand deposits. His company not only operates North America's longest crude oil and liquid pipelines, but transports 12 percent of the oil that the U.S. imports daily. Canada's bitumen, or dirty crude, lies under a forest area the size of England and is arguably the world's last remaining giant oil field.
Patrick Daniel, the CEO of Enbridge Inc, is bullish about the future of unconventional oil from Canada's massive tar sand deposits. His company not only operates North America's longest crude oil and liquid pipelines, but transports 12 percent of the oil that the U.S. imports daily. Canada's bitumen, or dirty crude, lies under a forest area the size of England and is arguably the world's last remaining giant oil field.
Retired retail executive Richard Goldman was astonished when he heard about the $27 billion pollution lawsuit against Chevron Corp. in Ecuador. SO he has created a nonprofit group, Ethos Alliance, that will use social-networking tools to spread word of the case and put pressure on Chevron.
The world's carbon trading markets growing complexity threatens another "sub-prime" style financial crisis that could again destabilise the global economy, campaigners warn. In a new report, Friends of the Earth says that to date "cap and trade" carbon markets have done little to reduce emissions but have been plagued by inefficiency and corruption.
Originally published on 3 November 2009.
On Sunday, Chevron became the first oil company to come under a Yes Men Audience Attack.
(See Video, Photos, and Yes Man Andy Bichlbaum's Blog of event)
While City investors have begun to question the role of companies such as BP and Shell in the tar sands business, a new report by Greenpeace claims British motorists are unwitting users of diesel and petrol derived from the tar sands of Alberta, Canada. The carbon-heavy production methods involved make tar sands extraction particularly damaging to the environment.
We're glad to announce the release of a second version of the CrocTail application and open CorpWatch API, developed with support from the Sunlight Foundation. CrocTail (http://croctail.corpwatch.org) provides an interface for browsing information about several hundred thousand U.S. publicly traded corporations and their many foreign and domestic subsidiaries. Information from company Securities and Exchange Commission (SEC) filings has been parsed and annotated by CorpWatch to highlight specific corporate accountability issues. The new version includes filings from
The French government has demanded answers from a nuclear research facility after nearly triple the registered amount of plutonium was discovered there during its dismantling this summer.
The French government has demanded answers from a nuclear research facility after nearly triple the registered amount of plutonium was discovered there during its dismantling this summer.
The French government has demanded answers from a nuclear research facility after nearly triple the registered amount of plutonium was discovered there during its dismantling this summer.
E.ON, the German energy group, has effectively thrown in the towel on its plans to build a new coal-power station at Kingsnorth, UK, blaming the recession. Kingsnorth has been shrouded in controversy ever since inception, with protests over several years including a high-profile Climate Camp protest.
In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world's largest company, as trying to shut the website down would draw even more attention to it.
In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world's largest company, as trying to shut the website down would draw even more attention to it.
On Monday Chevron said it gave Ecuadorean authorities evidence of a bribery scheme linked to a $27 billion environmental damages lawsuit against the oil company. Last week, the judge hearing the case, Juan Núñez, recused himself. The Amazon Defense Coalition said the recusal did not "change the overwhelming evidence against Chevron."
Once considered too expensive, as well as too damaging to the land, exploitation of Alberta's oil sands is now a gamble worth billions.
Syncrude and Suncor are two of the largest producers of bitumen; Canada is now the largest importer of oil to the United States, with tar sands exploitation slated to increase rapidly over the next five years.
Near the town of La Jagua, overlooking the Magdalena River, the landscape is dotted with concrete markers declaring the land, river, and everything else a "public utility" that Colombia has given to the energy company Emgesa as part of the Quimbo Hydroelectric Project. A construction permit was granted in May, with the dam scheduled for full operation by 2014.
A report submitted this week to a court in Ecuador finding dangerous levels of contamination at oil wells Chevron says it cleaned up in the 1990s is expected to reinforce a fraud indictment against two Chevron lawyers in a $27.3 billion environmental lawsuit against the oil company.
The U.S. Nuclear Regulatory Commission told six utility companies they have until year-end to explain plans to remedy shortfalls in nuclear decommissioning funds. The license holders receiving notice -- Exelon Corp., Entergy Corp., Constellation Energy Group Inc., FPL Group, First Energy and Tennessee Valley Authority -- include some of the industry's biggest names.