Category: Big Oil

Charting the ‘crude’ trajectory of modern oil trading

Oil is the unmistakable poster child of the global commodities business. It is also a mission critical piece of the global economy, and a commodity that continues to have a profound impact on the world’s financial systems and whole societies. And its a…

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UN Climate Expert Urges Criminalization of Fossil Fuel Disinformation to Protect Basic Human Rights

United Nations Special Rapporteur on human rights Elisa Morgera on Monday presented a new report to the General Assembly calling for the criminalization of spreading disinformation regarding the climate crisis, as well as a complete ban on fossil fuel lobbying and advertising by the industry. In The imperative of defossilizing our economies report, Morgera argues […]

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‘Powerful Actors’ Are Spreading False Information About the Climate Crisis, Making It Harder to Address: Report

Unchecked climate misinformation has been turning crisis into catastrophe, according to a new report from the International Panel on the Information Environment (IPIE). In its review of 300 studies, the report — Information Integrity about Climate Science — found that climate action was being delayed and obstructed by misleading information from fossil fuel companies, some […]

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In ‘Highly Unusual’ Move, Trump DOJ Sues to Block States From Holding Fossil Fuel Companies Accountable for Climate Crisis

The United States Department of Justice (DOJ) on Wednesday filed lawsuits against Michigan and Hawaii over their planned legal actions against fossil fuel companies for the harm their greenhouse gas emissions caused by contributing to the climate crisis. The lawsuits — which are unprecedented, according to legal experts — claim there is a conflict between […]

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$28 Trillion in Climate Warming Damage Caused by 111 of the World’s Biggest Companies: Study

Researchers from Dartmouth College have estimated that the biggest corporations in the world have caused a total of $28 trillion in climate damage. The results of the study are meant to help with efforts to hold the companies financially accountable, reported The Associated Press. “Here we detail the scientific and legal implications of an ‘end-to-end’ […]

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