Carbon Web Newsletter Issue 9

Contents below, or download the newsletter as a pdf from here:

ANALYSIS

Since Hayward took the helm at BP, the company has downgraded its Renewables wing, ditched its carbon capture pilot and massively invested into highly polluting tar sands. Once claiming to be headed for “Beyond Petroleum”, BP appears to be steering a new course – back where it came from.

RBS - Financing Atrocity

RBS' uncritical support for oil is underwriting repressive regimes and fuelling conflict. The bank recently financed operations supporting the Sudanese regime; the oil company in question has an alleged record of enabling Sudanese military operations against local civilians, including the clearing of villages and widespread rape.

Carbon Capture: Out of Sight, Out of Mind?

As climate change becomes a defining theme for the 21st Century, coal, oil & gas companies are betting on a technological solution to the problem, in the form of carbon capture and storage. But, ask Gabriele von Goerne and David Santillo, how safe is the technology?

CAMPAIGN

No Oil Law in Sight - Global Opposition Intensifies

18 months since its first deadline and a year since cabinet approval, Iraq’s controversial oil law is still not on the statute book. The last four months have seen a consolidation of protests worldwide over the Bush administration’s top benchmark. So what happens next?

DEBATE

Contextualising Yasuni

The Ecuador government has offered to leave oilfields in the Yasuni National Park iundeveloped in exchange for compensation. However, the proposals raise difficult questions over sovereignty and the role of the state and the market in supposedly “protecting” indigenous peoples. Isabella Colonos responds to “Yasuni – our future in their hands” by Esperanza Martinez in CarbonWeb Issue 8

NOTES FROM GOG & MAGOG - Panic in Piccadilly

Tony Hayward’s cultural revolution continues. Following on from the scrapping of John Browne’s office furniture come new suits for the security guards at St James’s Square - gone are the beige Armani numbers, in come dour charcoal grey uniforms.

News