The price of oil dropped below zero, prompting new subsidies from the Federal Reserve. Progressive voices in the U.S. and Canada have a different idea: nationalization as a way to wind down the sector, tackle the climate crisis and create a just economic transition.
Dan Dicker traded oil futures for 25 years on the NYSE. He explains how COVID-19 created a perfect storm for oil markets, and why it still doesn’t make green energy inevitable.
A new Rochester University study raises new grave questions about fossil fuel production and climate change. The author of the first major study on methane and fracking, Cornell University’s Bob Howarth, explains its implications.
Big Oil hopes Argentina’s shale oil and gas boom can rival the United States’. Backed by US dollar diplomacy, the boom has come at the cost of climate change, ecological damage, and encroachment on indigenous land.
Ed Fallon, a long time progressive political activist in Iowa and founder of the grassroots organization Bold Iowa, has dogged presidential candidates before the state’s first in the nation primary caucuses for more than two decades. A member of the Iowa legislature from 1993-2006, Fallon has worked on issues such as opposing war, sustainable agriculture,…
The Real News Network’s Steve Horn and Dimitri Lascaris talk about the 2019’s biggest climate stories.
The European Energy Security and Diversification Act, legislation offering $1B to promote sending U.S. fracked gas to EU countries, was inserted into the federal budget bill signed into law by President Donald Trump. Democrats invoked “Russiagate” in their PR push for the bill.
The Trump administration is considering a proposal to move fracked gas by rail at the behest of a company owned by Milwaukee Bucks billionaire owner Wes Edens, a major donor to the DNC. As tar sands pipelines are halted, more carbon-intensive crude moves along the tracks.
A new study concludes that rail is the industry that’s injected the most money into climate change denial propaganda efforts in the last 25 years.
The group’s spokesman is the former press secretary for U.S. Rep. John Boehner (R-OH) and the 2004 Bush campaign. It does not disclose its funders over concerns of “eco-terrorists.”