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How to Capture the Future and Store Capital – the plans for CCS in Liverpool Bay
You can see the future from Formby Beach. You don’t even need to climb up on one of steep sand dunes to catch a glimpse of it. It is out there yellow and white lights blinking in the grey dusk away to the North West. It has supplanted the red dots of the turbines on…
5 Nov 2021 james -
What the Gas Price hike means – the Tales of Two Cities
Hot on the heels of the Petrol Panic comes the Gas Price Panic and the Electricity Price Panic – my head spins as I try to take in each of these fossil fuel driven convulsions. It is worth the effort to unpick this ball of yarn and lay out the tale it reveals. It is…
20 Oct 2021 james -
Petrol Panic II – taking on the barriers to climate action
Week two of the Petrol Panic – Monday 4th October. It looks like the pumps are working as normal in the BP petrol station at 232 Priory Road in Anfield, Liverpool, fed by road tankers filled at the gantries of Stanlow Refinery, 12 miles to south on the banks of the Mersey. But the Petrol…
12 Oct 2021 james -
Profiting from the Panic – how to use a squeeze in the oil flow to financial advantage
Petrol Panic grips the nation. A second week of fuel shortages on the forecourts threatens to hobble the economy, or at least erode support for the Tories in their heartlands and overshadow the Conservative Party Conference. Will queues at the petrol pumps in Manchester crowd the prime minister’s show? The Shell stations in Bolton were…
4 Oct 2021 james -
Press Release: Councils suffer £2bn hit to pension funds due to oil investments
New analysis reveals that £1.75 billion was wiped off UK council pension funds due to their oil investments crashing over the past three years. Platform London commissioned Transition Economics to conduct the analysis [1], which showed that * The combined investments by 56 local government pension funds into nine leading oil companies, including BP and…
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PRESS RELEASE: Bank of England could buy BP bonds worth almost 900Mn as campaigners commemorate 10 years since the BP Gulf of Mexico disaster that devastated lives and environment
People from across the world commemorate the 10 years anniversary of BP’s Gulf of Mexico oil spill that took eleven lives and ruined thousands more with creative online action. 10 years on, communities are still fighting the deadly impact of big oil companies in the Gulf. Last week, the Bank of England published a list…
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“Yes Shell bribed me.” 24 years after the execution of the Ogoni 9, key witness tells court.
Today is 10th November 2019, 24th anniversary of the judicial murders of the Ogoni 9. Due to unstoppable widows of the Ogoni 9, new evidence has come to light on Shell’s complicity in their arrest and corruption of their trial. The nine men were elders and community leaders from the Niger Delta who had been…
10 Nov 2019 jane -
$450 million in US ‘development’ finance for fracking in Patagonia
The US development finance corporation OPIC has just loaned $450 million to a large fracking project in Argentinian Patagonia – despite objections from eight US senators, Indigenous rights concerns, and the climate crisis. The two loans will fund Vista Oil & Gas and Aleph Midstream (respectively sister company and subsidiary to London-listed Riverstone Energy) to…
12 Sep 2019 anna -
Government issues nearly £2 bn for fossil fuels abroad… and 0.0005 as much for renewables
New data shows: last year the UK government supported oil, gas and coal projects in other countries to a tune of £1.8 billion – through UK Export Finance (UKEF), a government department that purports to support UK businesses operating elsewhere. We’ve analysed UKEF’s annual list of loans and financial guarantees, and here’s some of the…
3 Jul 2019 anna
