Energy, Mining & Utilities
Europe moves towards making significant changes to its emissions-trading system that could force large polluters to pay for most, if not all, permits to produce climate-changing gases.
Two and a half years ago, Public Interest Watch, a self-described watchdog of nonprofit groups, wrote to the Internal Revenue Service urging the agency to audit Greenpeace and accusing the environmental group of money laundering and other crimes. What is clear is where PIW has gotten a lot of its funding: Exxon Mobil Corp., the giant oil company that has long been a target of Greenpeace protests.
The effects of global warming are cruelly ironic: the impact of fossil-fuel consumption will be most severe in regions where the least fuel has been consumed. Sub-Saharan Africa is becoming drier: in East Africa droughts of the kind that used to strike every 40 years are arriving every four or five.
Chinese and South Korean companies are leading an investor rush to Burma to build lucrative cross-country pipelines to deliver Saudi oil and Burmese natural gas to China. Poor communities have been displaced and allegations of human rights abuses are rife in the pipeline's route.
Major energy companies have effectively created a secret law firm of conservative attorneys general to persuade Washington lawmakers to gut environmental regulations, according to an investigation by the New York Times. In return, these senior government officials have received millions of dollars to help them win political campaigns.
It has been a wrenching professional and personal reversal for Michael Kopper, who three years ago became the first Enron executive to plead guilty to criminal charges and cut a deal with the government. Mr. Kopper was also the first high-ranking Enron employee to publicly admit to lying and stealing - in his case, more than $16 million - from the company.
WASHINGTON, DC -- The construction of a 650 mile long buried pipeline to carry oil from landlocked Chad in central Africa to Cameroon's Atlantic coast is one step closer to reality over the objections of environmental and human rights groups.
As many as 80,000 families living near the Jharia mine in Dhanbad coal belt face relocation. Officials say the coalfield area is, in effect, sitting on a "giant fireball deep inside the earth," after they discovered at least six underground leaks of toxic fumes. Experts fear massive underground explosions followed by subsidence occuring at any moment.
Backers of a multibillion-dollar proposal to ship vast stores of liquid natural gas from Peru's Amazonian rain forest to the United States are seeking Bush administration support for international financing, but environmental questions are complicating the bid.
A new CorpWatch report details the operations of Barrick Gold in nine different countries, focusing on the efforts on the part of the communities to seek justice from this powerful multinational.Download Spanish version of report