oil industry
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On Capitol Hill, a week of sorry spectacles
Was it me, or did it seem like everyone in Washington this week was wearing a name tag that said, “Hi, I’m Sorry.” For all the hours of congressional testimony, all the badgering questions and evasive answers, the gestalt of the nation’s capital could be summed up in two words: “My bad.” The four top […]
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Taking Stock of BP
As happens with stock charts, this one is likely to be out of date even before I get this post published. But here’s Google Finance’s chart comparing the stock price of British Petroleum (in red), an energy-stock index fund (in blue) and an S&P 500 index fund (in yellow). Since the oil spill in the […]
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Why I introduced the Big Oil Bailout Prevention Act
The tragic oil spill in the Gulf has led me to look at the Oil Pollution Act, which Congress passed in 1990 in the wake of the Exxon Valdez spill. It’s apparent that the liability limit set in that legislation, $75 million, is laughably small. With estimates that the oil spill off the Gulf Coast […]
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Disaster contingency plans are ‘fantasy documents’ when it comes to big oil spills
Lee Clarke.Am I the only one mystified — and, OK, horrified — by British Petroleum’s apparent failure to have a contingency plan in place for just the kind of worst-case scenario that happened in the Gulf on April 20? Thankfully not. “Fantasy documents” is how author and sociologist Lee Clarke describes most corporate contingency plans […]
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Oil rig disaster could soon be worse than Exxon Valdez
Photo: U.S. Coast Guard Cross-posted from Wonk Room. The catastrophic gusher of oil unleashed by the explosion of BP’s Deepwater Horizon rig last week is on track to quickly exceed the 1989 Exxon Valdez spill, an independent expert warns. An explosive burst of oil destroyed the exploratory rig 41 miles off the Louisiana coast on […]
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A near thumbs-up for Joe Romm’s ‘Straight Up’
Joe Romm is pissed off — and I’m delighted. His latest book, Straight Up, takes on the oil and coal companies, the skeptics, and the press. His unfailing sense of priorities shines through his startlingly thoughtful and brutally blunt writing. I have one problem with his book — but more about that later. As […]
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Louisiana environmental racism case gets hearing from Inter-American Commission on Human Rights
For the first time in history, an international human rights body has agreed to review a case involving allegations of environmental racism in the United States. The Inter-American Commission on Human Rights (IACHR) will hear a complaint filed by the New Orleans-based Advocates for Environmental Human Rights (AEHR) on behalf of the people of Mossville, […]
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Where is the fossil-fuel industry in Copenhagen?
The action at the Bella Center in Copenhagen. Can you find the oil lobbyist in this picture?Photo: doug mcneall Just past the security gates and the main entrance to the Bella Center, the site of the Copenhagen climate change conference, attendees must pass through a forest of exhibition booths—there are ones set up by conservation […]
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CEI to sue RealClimate blogger over moderation policy
Gavin Schmidt has done a wonderful job at RealClimate patiently explaining the context of the stolen emails. He’s made it perfectly clear that the claims of scientific malpractice are without foundation. He must be doing a really good job, because the Competitive Enterprise Institute intends to sue him. That’s computer scientist Tim Lambert aka Deltoid […]
