Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against but not a long-term threat to the industry.
“I kind of remind people, I personally think oil is a renewable, it just takes a little bit longer,” said Mari Salazar, senior vice president and manager of Energy Financial Services for BOK Financial, an Oklahoma-based bank that caters to the oil and gas industry.
A group of doctors erected a massive billboard near the entrance to the Tsawwassen Ferry Terminal this week. It shows a woman sucking on an inhaler in the lee of an LNG facility.
A group of doctors and nurses have launched an aggressive billboard campaign targeting BC Ferries for burning liquefied natural gas — or LNG — a largely methane mixture they say is threatening human health and the world’s climate system.
Several proposed LNG projects in Canada promise carbon neutrality for their gas exports. But the claims lack detail and appear mostly designed to defang opposition to the gas rush.
Under growing pressure to rein in greenhouse gas emissions, developers of liquefied natural gas (LNG) are turning to questionable claims about “carbon neutrality,” “net-zero,” or “green LNG,” in order to pass muster with governments, investors, and society, who are becoming increasingly anxious about the climate crisis.
Who has more power than Shell Oil? This is one of the first questions a climate activist should ask themselves, because without finding an answer, we can’t win.
With the United States moving swiftly to fund credits for farmers who store carbon in their soil, there’s growing concern that the program may pay for carbon storage that is already happening—and give fossil companies and other major emitters a free pass to keep polluting.
