OPEC is often seen as no friend of the Transition. But Greg Muttitt points out that, although it did take an anti-climate stance in the 1990s, by the 2000s it had stepped back from climate negotiations, while some OPEC members became supporters. Muttitt says that, celebrating its 60th anniversary, it’s time for OPEC to remember its roots and organise its members to take control of their own destiny in the face of the inevitable rise of clean … [Read more...]
World Bank fossil fuel funding still exceeds renewables
The World Bank is being criticised for still lending far more money to fossil fuels projects than renewables. Energy equals development, but this goes against their commitment to supporting clean energy in the developing world. The World Bank has disputed the magnitude of the difference. Their record needs to be made clear before COP25 in Santiago, Chile this December when the World Bank and other development banks must present their plans for … [Read more...]
Twenty-first century energy wars: how oil and gas are fuelling global conflicts
Fossil fuels are triggering violent conflicts all over the world, says Michael Klare, Professor of Peace and World Security Studies at Hampshire College in Massachusetts, the US. Klare zooms in on four areas – Iraq/Syria, South Sudan, the Crimea/Ukraine, and the South China Sea – to argue that the desire to control valuable oil and gas assets is fuelling long-standing historic tensions. “In a fossil-fuel world, control over oil and gas reserves … [Read more...]
