Search
34 RESULTS
-
Cameron slammed for more North Sea oil support & subsidies
Despite the UK pledging to phase out fossil fuel subsidies in 2012 along with other G20 nations, Cameron is announcing a whole new package of political support to the North Sea oil and gas industry.
-
Letter in Evening Standard on fossil fuel subsidies and floods
by Kevin Smith, Platform Unedited version of the letter here: Ed Milliband is entirely right to critique David Cameron for breaking his promise to deliver “the greenest government ever.” Failing to act now on climate change, like the government’s cuts to flood defences, is a prime example of how spending cuts don’t equate to saving…
-
13 Feb 2014 adminFloods, fossil fuel subsidies and the Daily Mail
Many people were pretty nauseated by the Daily Mail front cover at the start of this week, promoting a UKIP backed petition calling for David Cameron to scrap the foreign aid budget and to instead use it for the relief of flood victims. Beneath the populist posturing seemed to lie a more sinister intent. As…
-
The EBRD should not finance oil drilling in Egypt
Today the European Bank for Reconstruction & Development is voting on a $50 million loan for oil drilling in Egypt. This is the first major loan by the bank in Egypt since the military takeover in July 2013. The EBRD seems eager to ignore the principles in its founding agreement promoting “initiatives in countries committed…
-
22 Oct 2013 adminEnergy Subsidies in the UK – Submission to the Environmental Audit Committee inquiry
In April 2013, the Environmental Audit Committee launched an inquiry into Energy Subsidies in the UK. This inquiry was planning to “investigate what should constitute ‘subsidy’, the extent of energy subsidies in the UK for nuclear energy, fossil fuel energy and renewables, and what the Government should be doing to identify and eliminate those subsidies…
-
Groups oppose European Bank’s plan to fund oil drilling in Egypt
Cairo/ Brussels May 27, 2013 On Wednesday 29 May, the European Bank for Reconstruction & Development (EBRD) will vote on whether to make a $40 million loan to Kuwait Energy to drill and extract oil in Egypt. Egyptian and international organisations are pushing the board of the public multilateral bank to reject the loan –…
-
17 May 2013 adminBP is planning a $40 bn pipeline and wants us to subsidise it
BP pushed for major subsidies at the European Bank for Reconstruction & Development (EBRD) AGM in Istanbul last weekend, while hyping the grand scale of its Euro-Caspian Mega Pipeline plans. Between speeches by Prime Ministers and sessions on “Supporting Growth Amidst Austerity”, oil companies revealed their intentions to spend $40 billion expanding Europe’s gas grid…
-
13 May 2013 annaThe battle of definitions: ‘no subsidies for the oil industry’
The oil and gas industry enjoys no subsidy from government, nor are we asking for any. – said last week by Oil&Gas UK CEO Malcolm Webb at the Oil Politics conference at Aberdeen University (I should mention that there were several more substantial conversations at this conference that I will take a little time to write…
-
Egypt bails Jordan out with gas worth $2bn – despite own energy & financial crisis
Middle East Monitor reported that The Egyptian Ambassador to Jordan, Khaled Tharwat, has denied media reports which claim that Egypt intends to reduce the amount of natural gas exported to Jordan prior to cutting off the supply completely by June. In a press statement published by official Jordanian media outlets, Ambassador Tharwat said, “There is…
-
Osborne’s tax breaks for North Sea oil and a Thatcherism flashback
Back in the 70s, the UK and Norway took two very different approaches to the roughly equal share of North Sea oil and gas that they had within their territorial waters. With state-owned oil company Statoil at the helm, Norway cautiously put aside profits and levies from other oil companies operating within its fields into…
