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Tag: oilrich
VIDEO: Lower crude prices hit oil-rich Nigeria
2016-02-19 13:45:02| BBC News | Business | UK Edition
How falling crude prices are hurting oil-rich Nigeria, where the lower prices for oil have not translated into lower petrol pump prices.
Oil-rich Canadian province to impose tax carbon emissions
2015-11-22 19:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Alberta, home to Canadas controversial oil sands, said on Sunday it will implement an economywide tax on carbon emissions in 2017, addressing long-standing criticism that it is not doing enough to combat climate change. The provincial government estimated that the plan, including a pledge to phase out pollution from coal-fired electricity generation by 2030 and limit emissions from the oil-sands industry, would generate $2.25 billion in annual revenue. Backed by prominent representatives from...
Tags: tax
canadian
province
carbon
Anger over enduring 'environmental horror' in oil-rich, polluted Niger delta
2015-11-09 15:40:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Communities in the oil-rich region of Ogoniland say they feel just as marginalised and in need of work and development as they were before the executions of Ken Saro-Wiwa and eight other chiefs in November 1995. The executions, which followed a kangaroo court that allowed no appeal, followed a peaceful uprising by 300,000 Ogonis against Shells widespread pollution in Ogoniland. They focused worldwide attention on the small 1,050 sq km region where the Nigerian oil industry first developed in the...
Tags: environmental
delta
horror
niger
Norway oil-rich capital first to divest from fossil fuels
2015-10-19 14:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: The capital of Europes largest holder of oil and gas reserves blacklisted all fossil fuel assets on Monday, as its new-look city council set out a greener agenda. Oslo agreed to shed oil and gas bets from its $9 billion pension fund after losing coal in March, and halve carbon emissions by 95% within fifteen years on 1990 levels. We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments, said Lan Marie Nguyen Berg...
Tags: capital
norway
fossil
fuels
Intervention in civil war far more likely in oil-rich nations
2015-01-28 01:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Conspiracy theorists have long insisted that modern wars revolve around oil. Now research suggests hydrocarbons play an even bigger role in conflicts than they had suspected. According to academics from the Universities of Portsmouth, Warwick and Essex, foreign intervention in a civil war is 100 times more likely when the afflicted country has high oil reserves than if it has none. The research is the first to confirm the role of oil as a dominant motivating factor in conflict, suggesting hydrocarbons...
Tags: war
civil
intervention
nations