Today is a good day: Shell announced that it is cancelling its 2012 Arctic drilling program! From asking to exceed air pollution limits to a damaged oil spill containment dome, Shell showed that it is not prepared to drill in the Arctic safely. Let’s savor the moment. This is a huge day for millions of … Read more
Three conservation groups initiated a legal challenge today to the U.S. Export-Import Bank’s nearly $3 billion in financing for two massive fossil-fuel facilities in Australia’s Great Barrier Reef. Construction and operation of the liquefied natural gas (LNG) facilities will threaten dugongs, sea turtles, saltwater crocodiles and numerous other protected marine species within the Great Barrier Reef World Heritage Area.
Despite protests from Pacific Environment and a coalition of conservation organizations, the Environmental Protection Agency (EPA) went ahead and granted Royal Dutch Shell special treatment. In response to Shell’s request for a waiver from current air pollution regulations, the EPA issued a one-year air pollution permit that will allow Shell to violate the Clean Air Act and exceed air pollution limits in the Arctic. This only increases the likelihood that Shell will receive the final permit it needs to start drilling for oil in America’s Arctic. Take action now.
WASHINGTON, DC – The Board of Directors of the Export-Import Bank (Ex-Im Bank), a federal government trade promotion agency, voted to provide $90 million in financing to the top U.S. coal exporter, Xcoal Energy & Resources, to export coal to China and other Asian countries. The vote to subsidize coal exports follows a decrease in U.S. demand … Read more
Today the U.S. Senate passed H.R. 2072, a bill to reauthorize the federal government’s Export-Import Bank (Ex-Im Bank), which provides billions of dollars in public financing for harmful fossil fuel projects worldwide.[1] Passage of the bill will allow the agency to increase its portfolio cap from $100 billion to $140 billion., and it now moves to President Obama’s desk to sign into law.
Pacific Environment’s “Save America’s Arctic Seas” campaign was honored with a Business Ethics Network’s 2011 BENNY Award, which recognizes some of the most brilliant corporate campaigns for their contributions to the advancement of corporate ethics.