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UK government spends aid money on promoting fracking

News just in: the UK is spending its official development aid funds to promote fracking abroad. The Foreign Office financed two projects in China to “export UK expertise in shale gas development”, aiming to create “an improved business environment” for UK companies. Our research, released today in collaboration with Friends of the Earth and Christian...

The slow dismantling the house of oil – The Gulbenkian Foundation divests

Quite unexpected comes remarkable news! Lucy Neal, a long-term part of the Platform family, e-mails out of the blue, forwarding an article from the Algarve Daily News, published on 1st February in southern Portugal. The headline reads: ‘Gulbenkian Foundation gets out of the oil business’ That truly is unexpected. Lucy had not foreseen this coming...

La Zad puts down roots – sensing the future

We’re in the middle of the crowd. Standing some way back from the stage, watching transfixed and elated at the performance of Orchestre Tout Puissant Marcel Duchamp. Two trombones, two drummers, two marimbas, two electric guitars, two cellos and five other musicians blast out such a blissful riot of sound that our souls sail above...

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...

How would you measure our effectiveness?

A few weeks back, Matt Shardlow, CEO of Buglife, tweeted the chart underneath. It shows Platform apparently outstripping other UK environmental organisations in terms of our impact relative to our income. We were startled by this, and looked into the criteria and source. The data was collected for the Environmental Funders Network’s  interesting 2017 report ‘What...

Hackney Council as the climate vanguard – or is it just a laggard?

Hackney Council is voting tonight on its investment policy regarding fossil fuels and climate change. After years of campaigning by Divest Hackney and lots of media attention, this Tuesday is the big day for the Pensions Committee. But despite the hype and the repeated delays, the proposals are pretty disappointing. Hackney Council has £42 million in fossil...

This is water defending itself – Protesting the Dakota Access Pipeline on Westminster Bridge

Forty feet wide by ten feet high the banner drapes delicately from the solid structure of Westminster Bridge. Standing at the parapet, gazing down at the brown river, we can see the upturned faces of over a hundred passengers looking up at us from the tourist vessel ‘Millennium Dream’. They are clearly trying to decipher...

Local Government Pensions, Fossil Fuels & the Transition to a New Economy

Local governments in the UK have pension funds worth over £230 billion. £14 billion of this – over 6% – is invested into fossil fuel corporations. The briefing Local Government Pensions, Fossil Fuels & the Transition to a New Economy analyses the breakdown of investments of all UK local authorities through their 101 pensions funds, responsible...

What is Energy Democracy and how do we pay for it?

To build energy democracy we need to break the control of corporations over our energy. Companies like BP and Shell and the Big Six play an enormous role in determining which fuels are used to generate energy, how much we pay for electricity, and where the profits go. These big companies work hard to convince...

Share price of BP falling – will Shell take over BP?

As the London Stock Exchange opened at 09.00 on Tuesday, 16th December, BP’s shareprice was down to 365 pence. It was the bottom of a long slide from 448 pence on the 21st November and investors in the company looked concerned that BP was failing badly. Shares in BP have lost 25% of their value...

Russian Roulette. The impact of sanctions against Russia on international oil companies

This briefing by Platform, Greenpeace UK and ShareAction outlines the main European and US sanctions that impact IOCs operating in Russia. It details the impact of these sanctions on planned joint ventures involving Exxon, Statoil, Eni and Shell. It also examines the unique consequences for BP as a holder of a 19.75% stake in Rosneft...

A manifesto for Energy beyond Neoliberalism

We’ve written a manifesto titled Energy beyond Neoliberalism: “This is a call for energy democracy. Not energy security or energy separation. A survivable and just energy future means breaking the grip of elite interests on our energy systems, ending dependency, increasing autonomy, building diverse power structures through which we can hold one another to account,...