Fossil fuel giant BP announced Monday it will write down nearly $18 billion in existing assets, a move that climate advocates say is more evidence that the industry is undergoing a massive shift that will leave oil and gas reserves less and less valuable as the world pivots to more planet-friendly and financially-viable sources of energy.
- May 28, 2020
We don’t call this “looting” because it is being done quietly in nice marbled office buildings in Washington and New York. We don’t call this “looting” because the looters wear designer suits and are very polite as they eagerly steal everything not nailed down to the floor.
- February 17, 2017This week's installment in our series in which we regularly point you to some of the best investigative reporting you might otherwise miss.
- March 17, 2016A successful energy transition to renewables could not only rescue the planet but create a more just economy.
- August 13, 2015Major producers continue to pump out record levels of crude and world demand remains essentially flat. Could we, in fact, be witnessing a fundamental shift in the energy industry?
- April 24, 2015If transparency is seen as such a threat, only one logical question remains: What are they so afraid of disclosing?