The Importance of Mapping Fossil Fuel Companies

industry

The Corporate Mapping Project in Canada tries to connect the dots between corporations, organizations, and governmental bodies in regards to the oil and gas industry. Despite all evidence that the tar sands are horrible for the planet the Canadian taxpayer continues to subsidize the fossil fuel industry. Why?

That the answer the mapping project looks to help investigate. By showing the connections between corporate and political players we can expose anything from sketchy polices to blatant corruption. This project is great for researchers and economist trying to understand why Canada props up a dying (and lethal) industry.

You can see their list of the top 50 companies in terms of power and influence in Canada’s oil and gas industry.

We focus on “mapping” how power and influence play out in the oil, gas and coal industries of BC, Alberta and Saskatchewan. We will also map the wider connections that link Western Canada’s fossil fuel sector to other sectors of the economy (both national and global) and to other parts of society (governments and other public institutions, think tanks and lobby groups, etc).

Our mapping efforts are focused in four key areas:

  1. How are the people and companies that control fossil-fuel corporations organized as a network, and how does that network connect with other sectors of the Canadian and global economy? That is, how is economic power organized in and around the fossil-fuel sector?

  2. How does that economic power reach into political and cultural life, through elite networks, funding relationships, lobbying and mass-media advertising and messaging? What are the implications of such corporate influence for politics and society?

  3. How is corporate power wielded at ground level, from fossil-fuel extraction and transport right through to final consumption? If we follow a barrel of bitumen from its source to the end user, how does it affect the communities and environments all along the way? How and why do certain links along these commodity chains become flashpoints of intense political struggle, as we have seen particularly with pipeline projects?

  4. How can we build capacity for citizen monitoring of corporate power and influence, while expanding the space for democratic discussion?

Read more.

Renewable Energy Keeps Growing While Oil Companies Shrink

Solar panels on grass

Without a doubt all business have been negatively impacted by the pandemic with some being hit more than others. The dirty and climate-destroying fossil fuel industry has really been hit hard (unfortunately it’s the workers who have been hurt by this and not the lying executives) and the industry isn’t even benefiting from reduced gas prices at the pump. On the other hand renewable energy companies are doing fine with only a slow down and not an industry-stopping problem. Renewable energy growth is expected this year with more utilities investing in renewable instead of fossil fuel because renewable are still cheaper than carbon-intensive alternatives.

Even the decline in electricity use in recent weeks as businesses halted operations could help renewables, according to analysts at Raymond James & Associates. That’s because utilities, as revenue suffers, will try to get more electricity from wind and solar farms, which cost little to operate, and less from power plants fueled by fossil fuels.

“Renewables are on a growth trajectory today that I think isn’t going to be set back long term,” said Dan Reicher, the founding executive director of the Steyer-Taylor Center for Energy Policy and Finance at Stanford University and an assistant energy secretary in the Clinton administration. “This will be a bump in the road.”

Read more.

Scotland Banned Fraking, Rest of UK to Follow

industry

Fraking is really bad for all of us, it’s the process of using water to force dirty oil out of the ground. This practice destabilizes the ground causing earthquakes and the end result is more wasteful oil ultimately being consumed, which in turn, produces waste that gets released into the atmosphere. There’s nothing good about fraking. Scotland banned fraking in its territory last month and now it looks like the United Kingdom as a whole is on track to ban it too. With any luck the country will divert subsidies to the finite petroleum industry to the infinite renewable energy sector.

Environmentalists argue that the process contaminates water supplies, hurts wildlife, causes earthquakes and contributes to global climate change.

It is banned in many countries, including France and Germany, and the United Kingdom’s other constituent members — Scotland, Wales and Northern Ireland — are opposed to it.

Public mistrust of shale gas extraction is rising sharply.

According to the National Audit Office, opposition among Britons has risen to 40 percent from 21 percent since 2013.

“Public concern has centred on the risks to the environment and public health, from fracking-induced earthquakes, and the adequacy of the environmental regulations in place,” it said.

Read more.

New Zealand Bans New Offshore Drilling, Plans Fully Renewable Future

maps

While Canada continues to condemn the future to climatic destruction by supporting the tar sands, their common wealth partner has decided to plan for the future. New Zealand has declared an all out ban on new offshore drilling projects and have even taken a step further to ban exploration for more stored hydrocarbons. Exploration for oil and gas greatly disturbs marine life forcing whales and fish to leave entire areas because the noise is so deafening.

Prime Minister Jacinda Ardern continues to do what every other national leader should be doing – acknowledging the current and oncoming challenges of climate change and reacting to it by creating a sustainable economy. It’s great to see New Zealand set itself up for future success while protecting the planet!

“We’re protecting industry and protecting future generations from climate change,” said Ardern.

“This is a responsible step, which provides certainty for businesses and communities that rely on fossil fuels.”

Ardern and the ministers are expected to outline plans for their version of a managed transition towards a carbon-neutral economy by 2050 and a goal of achieving 100 per cent renewable electricity by 2035.

Read more.
Thanks to Delaney!

Electric Busses Save Tonnes of Energy

streetcar

The implementation of electric busses into public transit fleets continues to grow – and it’s happening too quickly for the oil industry. Obviously the oil industry doesn’t like sustainable energy sources; however, public transit systems do. The efficiency gains of an electric bus fleet are evident and as a result less oil is being consumed. Chinese cities are the quickest at buying up electric busses and as a result the costs of adding these efficient vehicles to a fleet have gone down globally.

For every 1,000 battery-powered buses on the road, about 500 barrels a day of diesel fuel will be displaced from the market, according to BNEF calculations. This year, the volume of fuel buses take off the market may rise 37 percent to 279,000 barrels a day, about as much oil as Greece consumes, according to BNEF.

“This segment is approaching the tipping point,” said Colin Mckerracher, head of advanced transport at the London-based research unit of Bloomberg LP. “City governments all over the world are being taken to task over poor urban air quality. This pressure isn’t going away, and electric bus sales are positioned to benefit.”

Read more.

Scroll To Top
%d bloggers like this: