Tag: Offshore Oil Drilling
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Global Fossil Fuel Subsidies Topped $620 Billion in 2011
EARTH POLICY INSTITUTE — The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil and natural gas from their prices. Subsidies manipulate the game even further. According to …
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Will American Taxpayers Continue to Foot the Bill for BP’s Gulf Oil Disaster?
OIL CHANGE INTERNATIONAL — This essentially means that the American tax payer would be paying the largest payout from the spill. They are paying twice over: first for a devastated Gulf and now out of their pocket. Kind of makes you feel …
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Oil and Gas Sector Ranks Number Two in Global Warming Pollution
THINKPROGRESS — When it comes to greenhouse gas emissions, power plants are the 800-pound gorilla in the room. But a new report from the U.S. Environmental Protection Agency shows that oil and natural gas are a pretty sizable monkey …
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Judge Approves $4 Billion in Fines for BP in Gulf Disaster Deal
DESMOGBLOG — The $4 billion criminal penalty does not affect the settlement deals for the victims along the Gulf Coast, nor does it include any environmental fines for the company. Those are separate cases …
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Coal Exports Would Lock in Catastrophic Climate Change
GREENPEACE AUSTRALIA — A new global study has named Australia’s export coal proposals as the world’s second largest fossil fuel expansion, threatening to lock in worst-case projections of global warming …