Economy & Business

US Lawmakers Press Oil Companies on What They Knew About Climate Change

"A contingent of powerful U.S. representatives are pressing the chief executives of six of the country's largest fossil fuel companies, including ExxonMobil, Chevron and Shell, to answer questions about when the companies first understood that burning fossil fuels drives climate change and whether they became active partners in an effort to downplay the harm that could result."

Source: InsideClimate News, 12/10/2015

"The Inside Story of Shell’s Arctic Assault"

"A months-long investigation shows how the energy giant pressured the Interior Department during the company's gung-ho Arctic push—and got most of what it wanted (except oil)."

"Last May, four months before the oil giant Royal Dutch Shell suspended exploration in offshore Alaska, Christopher Putnam needed to get something off his chest.

Source: Audubon, 12/09/2015

"OPEC Unity Shattered as Saudi-Led Policy Leads to No Limits"

"OPEC has abandoned all pretense of acting as a cartel. It’s now every member for itself. At a chaotic meeting Friday in Vienna that was expected to last four hours but extended to nearly seven, the Organization of Petroleum Exporting Countries tossed aside the idea of limiting production to control prices."

Source: Bloomberg, 12/07/2015

Read the Reports Congress Doesn't Want You To Read

Here are some reports of possible interest to environmental journalists from the Congressional Research Service (CRS). Congress does not release them to the public, but the Union of Concerned Scientists' Government Secrecy Project does.

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Crop Insurance Subsidies Prove Cutting Budget Is Easier Said Than Done

"In April, Republicans newly in control of Congress celebrated their agreement on a plan to save $5 trillion — that’s trillion, with a 'T' — and balance the budget in a decade. 'We continue to get things done for the American people,' boasted the House speaker at the time, John A. Boehner. Yet as the year closes, Congress instead is planning to repeal one of the few spending cuts it has passed into law since approving that budget resolution: $3 billion over a decade from subsidies for crop insurers."

Source: NY Times, 11/27/2015

Corporate Money Fueled PR Campaign for Climate Doubt Over Two Decades

"Climate change has long been a highly polarizing topic in the United States, with Americans lining up on opposite sides depending on their politics and worldview. Now a scientific study sheds new light on the role played by corporate money in creating that divide."

Source: Wash Post, 11/24/2015

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