The Ecologist

 

finance: 25/50 of 124
« back | next »

Russian underground coal mining by SUEK - financed by the British taxpayer. Photo: SUEK via Greenpeace.

UK's soaraway financial support to foreign fossil fuels

Christine Ottery / Greenpeace Energydesk

9th January 2015

The UK's financing of fossil fuels abroad increased tenfold in two years to exceed £1 billion in 2013 / 2014, writes Christine Ottery. Incredibly, the fossil fuel funding increase came after a government promise to use the money to support 'innovative and green technologies'. more...
There is now no atmospheric space for any new 'extreme energy' to be developed. The Deepwater Horizon Fire, 21st April 2010. Photo: EPI2oh via Flickr, CC BY-ND 2.0.

Leave most fossil fuels in the ground, or fry

Alex Kirby

8th January 2015

For the world to meet its climate goals, a third of the world's oil, half its gas and 80% of its coal must stay underground, writes Alex Kirby. And it's not us saying it - but scientists writing in the journal Nature. more...
Burning money? North Dakota flaring of gas out of the Bakken Formation. Photo: Joshua Doubek via Wikimedia Commons, CC BY-SA 3.0.

Fracking's future is in doubt as oil price plummets, bonds crash

Kieran Cooke

7th January 2015

Increased production from US fracking operations is a major reason for the drop in oil prices, writes Kieran Cooke. But there are warnings that the industry now faces an existential crisis from which it may never recover, as the financial sector faces the prospect of worthless shares and $100s of billions of defaulted debt. more...
As with today's social, economic, military and industrial order, the power of Sauron's ring is to dominate, enclose, torment, dispossess and enslave.

Tolkien, the Machine, and the Way of the Hobbit

Richard Gunderman

12th January 2015

Tolkien's Universe is one that reflects our own, writes Richard Gunderman - and has come to resemble it all the more as industrialism, militarism and an unjust economic order have come to dominate the world and enslave its peoples. It's time to follow the Way of the Hobbit. more...
Tiny houses at Hatteras, North Carolina. Photo: Bill Dickinson via Flickr. CC BY-NC-ND 2.0.

Sick to death of consumerism and debt? Find freedom in a tiny house

Samuel Alexander

10th January 2015

There is a simple solution to the problems of rampant consumerism, debt and a lifetime of servitude, writes Samuel Alexander - radical down-sizing to a truly tiny house. For a start, it's only big enough for the things you really need. And it's so cheap to build, that it's paid for from a month or two's salary. Just one question - what will you do with your freedom? more...
Falling fuel prices have taken the shine off fossil fuel investments. Photo: © Copyright Walter Baxter, CC BY-SA 2.0 via geograph.org.uk.

Investors falter as fossil fuels face 'perfect storm'

Kieran Cooke

1st January 2015

Higher oil production and falling demand are creating big problems for the fossil fuel industry, writes Kieran Cooke. Risk-averse investors, spooked by drastic oil price falls, are turning away from the sector in search of more secure returns. more...
Black smoke at Fukushima Daichi, 24th March 2011. Photo: deedavee easyflow via Flickr.

Fukushima and the institutional invisibility of nuclear disaster

John Downer

20th December 2014

The nuclear industry and its supporters have contrived a variety of narratives to justify and explain away nuclear catastrophes, writes John Downer. None of them actually hold water, yet they serve their purpose - to command political and media heights, and reassure public sentiment on 'safety'. But if it's so safe, why the low limits on nuclear liabilities? more...
Under TTIP, US states could be sued if they try to regulate endocrine-disrupting chemicals like BPA in plastics. Photo: nerissa's ring via Flickr, CC-BY.

TTIP: Chemical corporations against safety protections

Patrick Gleeson

24th December 2014

Under the TTIP US-EU trade agreement, the world's largest chemical corporations would be able to attack US states' attempts to regulate for chemical safety, writes Patrick Gleeson. In both the US and the EU, corporate rights - asserted in secret courts - would trump democracy and attempts to raise health, safety and welfare standards. more...
Fracking is burning more than just our health. Our money's going up in flames too - and that's putting the whole financial system at risk. Photo: Bill Baker via Flickr.

With sub-$60 oil, fracking and tar sands losses threaten the whole financial system

Paul Mobbs

17th December 2014

A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil and gas. Now, with oil sinking below $60, all that paper is turning to junk - and that's putting the entire economic system at risk. more...
BUNDjugend demonstrators take on Shell in Hamburg in early 2014. They may not stop Shell in its tracks - but there's one power that can - international finance. Photo: BUNDjugend via Flickr.

The UN climate talks just failed - now for the real battle

Assaad W. Razzouk

15th December 2014

COP20 has just laid the foundations for a non-agreement in Paris in 2015, writes Assaad Razzouk - thanks to the pernicious influence of fossil fuels, poisoning debate and subverting serious climate action. Now there's only one earthly power big enough to fight back. more...
Rooms with views ... but where's the vision? European Commission photo by Bruno Coelho via Flickr.

Europe on the brink - green future or industrial wasteland?

Oliver Tickell

12th December 2014

The EU faces a choice: a green, democratic future of clean prosperity and social justice? Or a dirty future of corporate domination with resurgent nuclear power, expanding fossil fuels, GMO agriculture and weak human and environmental protection? Junckers' Commission represents the latter. We must assert our own vision - or there will be little worth staying in for. more...
No Mr Juncker, that's not 'Happy Birthday' they're singing ... Photo: Felix Kindermann / Stop TTIP.

TTIP - Juncker's 1.1 million signature 'birthday card'

The Ecologist

9th December 2014

Campaigners today today delivered Commission President Juncker a 'birthday card' with 1.1 million signatures from EU citizens. Yes, it really is his birthday today - but the real message was calling on him to back off from negotiations over the TTIP and CETA trade deals with the USA and Canada. more...

finance: 25/50 of 124
« back | next »

Torched Senger homes. Photo: Dean Puckett.

Kenya: a forest people illegally evicted, beaten, imprisoned - paid for by the World Bank

Dean Puckett / REDD Monitor

7th December 2014

Financed by the World Bank, the Kenya Forest Service has intensified its illegal campaign of evictions, arson, beatings and arrests of the Sengwer forest people of the Embobut forest, Dean Puckett reports from the Cherangani Hills. And behind the violence lies the lure of hard cash - from the prospect of selling the forest's carbon to international financiers. more...
Under the new 'capacity market' regulations, Britain's dirtiest coal-fired plants are set to benefit. Photo: Dom Atreides via Flickr.

UK's 'unlawful' £35 billion support to fossil fuels in ECJ challenge

Oliver Tickell

4th December 2014

The UK Government plans to lock consumers into a 2.5bn a year, 15-year spend to support peak-time fossil power generation - while undermining energy demand savings capable of achieving the same purpose more cleanly and cheaply. But today the 'unlawful' system has been hit by an ECJ lawsuit. more...
The wind turbine at the end of the rainbow. Photo: geogrpah.org.uk / Wikimedia Commons.

Community renewable energy in the UK needs co-ops!

Tammy Calvert / Energy4All

26th November 2014

The UK's community energy sector was badly hit by the financial regulator's sudden decision this summer to disallow renewable energy co-operatives, writes Tammy Calvert. A consultation on the topic ends tomorrow, Friday - so get your views in quickly while you can! more...
Australia’s official forecasts for expanding fossil fuel exports don’t match up with what’s needed to avoid severe climate change. Photo: Jeremy Buckingham/Flickr, CC BY.

Wake up Australia! Your coal exports are being left stranded

Stephen Bygrave

30th November 2014

Australia is betting the farm on huge increases in coal exports, writes Stephen Bygrave - just as key markets in China, India, Korea and Japan are drying up, with rising tariffs and huge renewable energy and efficiency programs. The policy is totally out of touch with reality - and will lead to revenue shortfalls in the AU$100 billions. more...
The Syncrude Aurora Oil Sands Mine, north of Fort McMurray, Canada. Photo: Elias Schewel via Flickr.

Tar sands industry faces 'existential' $246 billion loss

Gregory McGann

27th November 2014

The exploitation of Canada's tar sands is more than just an environmental catastrophe, writes Gregory McGann. It's also an turning into an economic disaster, with massive investments at risk as falling oil prices leave the tar sands stranded. more...
Solar reflectors being cleaned at the Ain Beni Mathar Integrated Combined Cycle Thermo-Solar Power Plant in Morocco. The World Bank provided technical assistance and managed the overall project. Photograph: Dana Smillie / World Bank.

World Bank to focus on 'all forms of renewable energy'

John Vidal / the Guardian

25th November 2014

The president of the World Bank has promised to back out of financing coal developments, and instead target its finance at 'every dimension of renewable energy' under a new climate-friendly strategy. more...
'So can you build this bloody power station or can't you?' Cameron gets tough with EDF workers on a visit to the Hinkley Point C site. Photo: Department of Energy and Climate Change via Flickr.

Hinkley C hit by surprise treble whammy - is it all over for EDF?

Doug Parr / Greenpeace Energydesk

20th November 2014

EDF has already moved heavy earth moving gear onto the Hinkley C nuclear power station construction site, writes Doug Parr - but that doesn't mean it's a done deal. On the contrary, a host of intractable problems are coming home to roost, and the increasingly troubled project is looking shakier than ever. more...
Who has the longest nose of them all? Pinocchio from Tony Wolf Pinocchio and other tales 1990. Photo: janwillemsen via Flickr.

Long noses: Shell, GDF Suez, Samsung sweep Pinocchio Awards

Oliver Tickell

19th November 2014

Who has the longest nose of them all? Worthy winners of France's fiercely contested 'Prix Pinocchio' 2014 were selected last night, recognising corporate greed, hypocrisy and malfeasance, based on a record vote since the awards began. more...
TTIP - the elephant in the room. Photo: People's NHS.

NHS at risk from TTIP - Friday's key debate

John Hilary

20th November 2011

Tomorrow MPs will debate a bill to halt the ongoing privatisation of the NHS, writes John Hilary. But even if the bill passes into law, it risks being squashed by the TTIP - the increasingly unpopular US-EU trade deal which could hand over the NHS to US health giants. more...
Protestors against the TTIP in Smith Square, London, 12th July 2014. Photo: World Developement Movment via Flickr.

TTIP: Cameron begs Brussels to give away more British sovereignty

Jurgen Maier

29th October 2014

The UK and 13 other EU trade ministers have written to the European Commission's new head imploring him to include secret, much criticised investor protections in the controversial TTIP, the EU-US trade and investment deal, writes Jurgen Maier. Is this a democratic snub too far? more...
Are there more nasty surprises in store for fossil fuel investors? The Deepwater Horizon Oil Spill, 22nd June 2010. Photo: Oscar Garcia / via John Amos on Flickr.

To hit fossil fuel firms where it hurts, support divestment!

Franklin Ginn

20th October 2014

Fossil fuel companies are a risky investment thanks to the 2.8 trillion tonnes of 'unburnable' carbon in their reserves, writes Franklin Ginn. But there's an even stronger reason to support fossil fuel divestment: to erode their political power, which they use to block progress to a sustainable, low carbon future. more...
An artist's impression of the Hinkley C nuclear power plant. Image: EDF Energy media library.

NAO investigates Hinkley C nuclear subsidies

Terry Macalister / The Guardian

17th October 2014

Hinkley C's subsidy package may have won European Commission approval - but now it faces a National Audit Office 'value for money' investigation, following a demand from a powerful Parliamentary committee. more...
Protestors against the TTIP in Smith Square, London, 12th July 2014. Photo: World Developement Movment via Flickr.

Help us reach the TTIP tipping point!

Morten Thaysen

11th October 2014

The TTIP - a massive trade and investment deal under negotiation between the US and the EU - could be the end of democracy as we know it, writes Morton Thaysen, as corporate rights will supplant those of ciizens and elected governments. Join a global day of action today! more...

ECOLOGIST COOKIES

Using this website means you agree to us using simple cookies.

More information here...

 

FOLLOW
THE ECOLOGIST