Energy, Mining & Utilities
In the rural, tribal lands of Eastern India, protesters are going head-to-head with world steel giant Arcelor Mittal. "We may give away our lives, but we will not part with an inch of our ancestral land," the villagers cry. "The forest, rivers and land are ours. We don't want factories, steel or iron. Arcelor Mittal Go Back."
A bauxite mine and a proposed refinery in northern Queensland, Australia, to be developed by a Chinese mineral company, has divided local and traditional landowners. Part of a major industrialization scheme, it has also sparked worries among environmentalists.
A scandal has rocked the $64 billion global diamond business and tarnished the credibility of one the industry's biggest players,according to a news report Tuesday.
Greenpeace delivered this report to Senators and Clinton Administration officials. The report highlights the amount of money received by the both parties from oil, coal, gas, and car companies, and reveals that ARCO gave the most funding of any individual corporation with a total of $3.4 million in donations since 1991.
Vice President Richard Cheney's energy task force met with industry representatives 25 times for every one contact with conservation and public interest groups, shows a review by the group whose lawsuit prompted the release of thousands of Energy Department documents. The review was released the same day that the energy agency delivered another 1,500 pages of previously withheld task force information.
YPF, the Argentinian state-owned oil company, has signed an agreement with Chevron in the U.S. to extract shale gas and oil using fracking technology in the southern Andes mountains. Local environmental and indigenous activists are gearing up for a fight to stop the controversial technology.
KENNETH L. LAY and his second in command, Jeffrey K. Skilling, were the public faces of Enron, painting a rosy picture of strong profits and healthy businesses. But as the facts began to tumble out, in the fall of 2001, the company swiftly collapsed, taking with it the fortunes and retirement savings of thousands of employees.
The Ugandan parliament will soon have a hearing on the draft Plant Variety Protection Bill, approved by the cabinet early last year. According to an inside government source, seeds companies including Monsanto have been lobbying for such intellectual property protection.