Tag Archives: beurden

One city is making a good start at tackling its homelessness problems — thanks to a lawsuit.

What could go wrong?

The Stones field, 200 miles south of New Orleans and 1.8 miles beneath the water surface, is far deeper than the field tapped by the Deepwater Horizon rig, which exploded in 2010, killing 11 workers and spilling about 5 million barrels of oil into the Gulf of Mexico.

The new project, the Guardian reports, could be a boon to Shell CEO Ben van Beurden, whose annual bonus is linked to completing major new projects. But some Shell shareholders will be less than pleased. At the company’s annual meeting last year, many shareholders pushed to end CEO bonuses for actions that harm the climate and to require investments in renewables.

Last year, van Beurden admitted that we cannot burn all the fossil fuel reserves on the planet and expect global temperature rise to stay below 2 degrees Celsius. Above 2C, climate scientists warn that the consequences will be severe and, in some cases, irreversible. So far, we’re halfway there.

But Shell is just continuing on with business as usual: The company forecasts that its deep-water production capacity will grow dramatically by the early 2020s.

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One city is making a good start at tackling its homelessness problems — thanks to a lawsuit.

Posted in alo, Anchor, eco-friendly, FF, G & F, GE, ONA, The Atlantic, Uncategorized, wind power | Tagged , , , , , , , , , , , | Comments Off on One city is making a good start at tackling its homelessness problems — thanks to a lawsuit.

Deepwater Horizon is being made into a movie, and it looks disastrously good.

What could go wrong?

The Stones field, 200 miles south of New Orleans and 1.8 miles beneath the water surface, is far deeper than the field tapped by the Deepwater Horizon rig, which exploded in 2010, killing 11 workers and spilling about 5 million barrels of oil into the Gulf of Mexico.

The new project, the Guardian reports, could be a boon to Shell CEO Ben van Beurden, whose annual bonus is linked to completing major new projects. But some Shell shareholders will be less than pleased. At the company’s annual meeting last year, many shareholders pushed to end CEO bonuses for actions that harm the climate and to require investments in renewables.

Last year, van Beurden admitted that we cannot burn all the fossil fuel reserves on the planet and expect global temperature rise to stay below 2 degrees Celsius. Above 2C, climate scientists warn that the consequences will be severe and, in some cases, irreversible. So far, we’re halfway there.

But Shell is just continuing on with business as usual: The company forecasts that its deep-water production capacity will grow dramatically by the early 2020s.

See original – 

Deepwater Horizon is being made into a movie, and it looks disastrously good.

Posted in alo, Anchor, eco-friendly, FF, G & F, GE, ONA, The Atlantic, Uncategorized, wind power | Tagged , , , , , , , , , , | Comments Off on Deepwater Horizon is being made into a movie, and it looks disastrously good.

Watch out, Arctic: Shell is coming for you again

Watch out, Arctic: Shell is coming for you again

By on 13 Feb 2015 11:33 amcommentsShare

Even as Shell is talking a good talk about climate change, it is pushing ahead with plans to drill in the Alaskan Arctic as early as this summer. The company suspended operations there in 2012 after a series of minor disasters. Its contractor was hit with eight felony counts and fined $12 million late last year.

But now Shell is moving forward again, with what looks like a newly reaffirmed go-ahead from the Department of the Interior (DOI). One clear sign of its intent: The company has leased a port on the Seattle waterfront where it can base its Arctic operations.

On Thursday, the DOI released a revised environmental impact statement for drilling in the Chukchi Sea — which Shell won the rights to do in 2008. The report found that there’s a 75 percent likelihood that the operations will result in one or more large spills — that means more than 1,000 barrels — during the 77-year lease. The report also forecast 260 smaller spills.

This revised DOI report follows a court ruling that found that, back in 2008, the department lowballed the amount of oil Shell would be able to extract from the lease. Lowballing the amount of oil that could come out of the ground also meant lowballing the amount of damage the efforts to extract it could cause.

But despite the new environmental impact statement, and the strong likelihood of a spill, the department will likely allow drilling operations to move forward following a public comment period. The environmental groups that brought the suit don’t see this as a victory.

“There is no such thing as safe or responsible drilling in the Arctic Ocean,” said Marissa Knodel, a climate campaigner with Friends of the Earth. “Shell’s record of recklessness and the federal government’s own environmental analysis show that approval of Lease Sale 193 would be unsafe, dangerous and irresponsible.”

Greenpeace’s John Deans said the decision “will drastically undermine [Obama’s] recent proposals to protect parts of the Arctic, including the Alaska Wildlife Refuge, from oil drilling.”

Shell’s plans come, ironically, as the company is saying it will now engage seriously on climate, and is pushing other oil companies to do the same. Its recent decision to work with activist shareholders who are demanding that climate change factor into management decisions appears to be a first step in that direction.

“I’m well aware that the industry’s credibility is an issue,” said Shell CEO Ben van Beurden in a speech on Thursday. “Stereotypes that fail to see the benefits our industry brings to the world are short-sighted. But we must also take a critical look at ourselves.”

At the moment, however, it doesn’t look like the company’s plans to salvage its climate-related “credibility” extend to cancelling its designs on the Chukchi Sea — one of its more dangerous operations, and one that inspires quite a bit of ire in its critics.

Besides the danger that drilling poses to Arctic environments, there’s the contribution it would make to climate change. A recent study found that if the world hopes to avoid 2 degrees Celsius or more of global warming, 80 percent of the world’s untouched fossil fuel reserves would have to stay in the ground — including all of the oil left in the thawing Arctic.

But people who believe that will happen, van Beurden says, aren’t clued in to reality. “For a sustainable energy future, we need a more balanced debate,” he said. “‘Fossil fuels out, renewables in’ — too often, that’s what it boils down to. Yet in my view, that’s simply naive.”

If policymakers agree with that line of thinking, we’ll be in for some catastrophic warming.

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Watch out, Arctic: Shell is coming for you again

Posted in Anchor, FF, G & F, GE, LG, Mop, ONA, sustainable energy, Uncategorized | Tagged , , , , , , , , , , | Comments Off on Watch out, Arctic: Shell is coming for you again