Top 20 high-cost oil projects risk wasting $91 bln of investor cash

PRESS RELEASE  UNDER EMBARGO UNTIL 15 AUGUST, 00.01 BST  Top 20 high-cost oil projects risk wasting $91 bln of investor cash  London, August 15, 2014 – The Carbon Tracker Initiative (CTI) today revealed some of the world’s most expensive future oil projects, which the biggest publicly listed oil companies are considering for development. Some of these projects require prices far exceeding today’s levels, and risk wasting $91 billion of investor cash over the next decade if taken into …

U.S. Accused of Forcing EU to Accept Tar Sands Oil

U.S. Accused of Forcing EU to Accept Tar Sands Oil   By Carey L. Biron WASHINGTON, Jul  2014 (IPS) – Newly publicised internal documents suggest that U.S. negotiators are working to permanently block a landmark regulatory proposal in the European Union aimed at addressing climate change, and instead to force …

Alternative Energy: EU Parliament Voted No, So Now What for the Emissions Trading System?

Alternative Energy EU Parliament Voted No, So Now What for the Emissions Trading System? Google Backs New Plan For Utility-Supplied Renewable Energy Option UN Says Air Pollution Kills More People Than AIDS and Malaria Combined; Clean Energy Could Halve Death Toll EV & Bike News Roundup (Chevy Spark EV In …

Obama restates clean energy commitment, omits targets

Obama restates clean energy commitment, omits targets Despite failing to enact comprehensive climate legislation, there is no reason the US Congress should not pass a clean energy standard and grant related tax credits, President Barack Obama said during his State of the Union address on Tuesday. More >>> UK carbon …