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Revealed: UK council pensions are banking £16.1 billion on climate disaster

Revealed: UK council pensions are banking £16.1 billion on climate disaster

Today we’re releasing new data analysis showing that UK councils invest £16.1 billion in fossil fuel corporations through their workers’ pensions. These investments are bankrolling the companies most responsible for climate change, like Shell and BP. The councils with the biggest investments in fossil fuels – Manchester, Galloway & Dumfries, Hammersmith & Fulham, and Torfaen...
The Great Gas Lock-in

The Great Gas Lock-in

New Report out on the gas industry’s lobbying power This year we have seen devastating hurricanes and floods, deadly wildfires, and other extreme climate catastrophes. But rather than facing up to the problem and focusing on renewable energy and energy reduction, the European Union is locking itself into another 40-50 years of fossil fuel infrastructure....
There is no magic money tree, except for handouts for BP

There is no magic money tree, except for handouts for BP

The UK government paid oil companies $312 million to drill in the North Sea during the fiscal year 2016-2017 according to a new report by the HMRC, The Times reports. Successive UK governments insist “there is no magic money tree” to fund public hospitals and schools, or to insulate cold homes. But apparently the magic...
Council workers' largest trade union votes for divesting pensions

Council workers’ largest trade union votes for divesting pensions

After two years of impressive mobilisation by UNISON grassroots members across England, Scotland and Wales, the trade union has officially taken on fossil fuel divestment policy. Yesterday the union’s National Delegate Conference voted unanimously to seek divestment of Local Government Pension Schemes from fossil fuels over five years giving due regard to fiduciary duty UNISON...
BP's solution to the climate crisis: switch to gas

BP’s solution to the climate crisis: switch to gas

Gas will solve the climate crisis. This was the main message that BP’s CEO Bob Dudley wanted to get across at today’s annual general shareholder meeting. And it’s dangerous… Bob Dudley, BP chief, says if you closed all coal fired power plants tomorrow and replaced them with gas you would reach 2C warming scenario — Emily...
Argentinian community defies BP and Petrobras to ban fracking

Argentinian community defies BP and Petrobras to ban fracking

The Argentinian municipality of Vista Alegre is fighting to keep in place a fracking ban on top of some of the biggest tight oil and gas fields in the country. The municipal council of Vista Alegre banned fracking by a unanimous decision in January. But right after the ban was officially published, the state attorney...
Azerbaijan suspended by extractive industries governance watchdog

Azerbaijan suspended by extractive industries governance watchdog

On 9 March 2017, the Extractive Industries Transparency Initiative (EITI), an initiative set up to promote transparency and good governance in oil, gas and mining industries, suspended Azerbaijan for failing to lift restrictions on civil society freedoms and address human rights concerns. The European Investment Bank (EIB) and The European Bank for Reconstruction and Development...
BP funds homophobia: an open letter

BP funds homophobia: an open letter

BP has built a reputation for itself as a LGBTQ-friendly employer, with Pride floats, a Stonewall top employer badge, and recruitment events for LGBTQ students. But BP’s donations and deals also keep in office notoriously homophobic politicians, from US Congressman John Culberson to Egyptian dictator Abdel Fattah el-Sisi. We started this open letter to call on...
UK-based and angry about #MuslimBan? Here's 5 things to do.

UK-based and angry about #MuslimBan? Here’s 5 things to do.

UK people. Are you angry about Trump’s attempts to deport people from the US? Did you perhaps go to the Women’s March, or sign that oddly-worded petition about cancelling Trump’s visit? Well, we’ve got more work to do (join a protest against the #MuslimBan this week), and more importantly, more work to do at home. Muslim lives, the...