NPR and PBS Frontline spent months digging into internal industry documents and interviewing top former officials. We found that the industry sold the public on an idea it knew wouldn’t work — that the majority of plastic could be, and would be, recycled — all while making billions of dollars selling the world new plastic. NPR: The industry’s awareness that recycling…
Tag: big oil
Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic.
Confronting a climate crisis that threatens the fossil fuel industry, oil companies are racing to make more plastic. But they face two problems: Many markets are already awash with plastic, and few countries are willing to be dumping grounds for the world’s plastic waste. The industry thinks it has found a solution to both problems in Africa. From a report: According…
Now Googlers Are Protesting Company’s Cloud Deals With Big Oil
Activists inside Google are calling on management to ditch deals with oil and gas companies, the latest flare-up inside the technology giant. Bloomberg reports: In a letter published on Monday, more than 1,100 workers asked Google Chief Financial Officer Ruth Porat to release a “company-wide climate plan” that commits to cutting carbon emissions entirely. The letter also asks Google to drop…
How Electric Cars Will Affect Oil Company Investors
“Between global warming, Elon Musk, and a worldwide crackdown on carbon, the future looks treacherous for Big Oil,” argues CNN Business writer Matt Egan, calling the rise of electric vehicles “an existential threat to the oil industry.” “Passenger vehicles are the No. 1 source of demand for oil — and tomorrow’s transportation system may no longer rely on the gas station.”
Reliance…
Trump Signs Two Executive Orders Giving Himself ‘Sole Approval’ on Pipelines and Roads
Derrick Broze – The orders also limit states’ ability to intervene in these projects. Source: https://www.wakingtimes.com/2019/04/15/trump-signs-two-executive-orders-giving-himself-sole-approval-on-pipelines-and-roads/…