Energy, Mining & Utilities
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.
Danny Williams may be a multimillionaire and a member of the Conservative Party of Canada, but these days he is being compared to a self-proclaimed revolutionary, the Venezuelan president, Hugo ChÃ¡vez.
United Nations sanctions against Saddam Hussein may have failed to end his regime but they succeeded in enriching both the Iraqi dictator and corporations able to manipulate the scandal-ridden world body's Oil-for-Food program. Among the profiteers was the Australian Wheat Board, a former state-owned monopoly, which funneled over $200 million into Saddam's coffers even as the "Coalition of the Willing" was preparing for invasion.
Four large corporations control much of the world's booming bottled water industry and pose a threat to public water utilities, according to a report by the Canadian non-governmental Polaris Institute.
A jury's $5 billion punitive damage award for the 1989 Exxon Valdez oil spill was too high compared to the damage caused and the sums the company already has spent for cleanup and compensation, a federal appeals court ruled today.