Venezuela doesn't want investment treaties anymore if they give investors the right to drag the country before a commercial court. "The system has been set up to break down the nation-state."
For decades, executives and decision makers at major U.S. and European fossil fuel companies were aware that carbon dioxide (CO2) emissions caused global warming, but still provided millions in funding to boost disinformation campaigns and sponsor scientists who denied climate change.
Less than a week after everybody celebrated the historical agreement
on Nov. 17 between the United States and China on reduction of CO2
emissions, a very cold shower has come from India.
As the international community and the U.S. government place a heightened emphasis on reducing carbon emissions as a way to combat global climate change, shareholders have convinced the oil-and gas giant ExxonMobil to publicly disclose the risk that strengthened regulation could pose to its profits.
Environmental groups are sounding alarms about conflicting reports on the size and seriousness of an oil spill that took place late last week in the southern U.S. state of Arkansas.