The largest companies in the fossil fuel sector are responsible for financial costs valued at $209 billion annually from 2025 to 2050, according to a new study published in the scientific journal One Earth.
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The oil and gas sector is counting its billions, and preaching renewables. The math doesn’t compute.
-OpEd- BUENOS AIRES — We live in a society in which our pursuit of exponential economic growth is doing systematic and irreversible harm to the environment, challenging territories and threatening the very cycle of life. Increasing social awareness of such risks explains why debates and decisions today that used to be limited to the technical, […]
-Editorial- Ten months after taking over the presidency of Mexico, Enrique Peña Nieto has found himself at a critical moment. His ambitious project to reform practically all Mexican institutions is meeting opposition from the right and the left, at a time when his popularity is beginning to wane. The right opposes his proposal to increase […]
Big oil companies don’t think much of Iraq’s threats. They are lining up for oil prospection in Kurdistan, despite Baghdad’s ban on signing contracts with Kurdish authorities. Last week, Total announced it was purchasing 35% of two blocks located in Iraqi Kurdistan, while the Russian oil giant Gazprom Neft bought stakes in two blocks that […]