Tag: BP

Shell, Exxon Mobil, Petrobras, Chevron and BP Given First Ever “Corporate” Fossil

 

In an unprecedented move, the Fossil of the Day award broke protocol today to award a special fossil to big oil and their friends. The award is a recognition of the back room, dirty tactics that the fossil fuel industry and lobby has used here in Rio and for years to block progress on climate change and sustainable development. 

The corporations were also singled out for being some of the biggest recipients of the nearly $1 trillion in subsidies handed out each year to big polluters. The award comes on the eve of a corporate business event including a session entitled "Fossil Fuels and Sustainability" that features representatives of Petrobras, BP and Shell. The text of the Fossil Award read as follows:

Today's fossil award is an extra special one, a never before seen or heard of Fossil of the Day...a Fossil First here in Rio.

The recipients of this Fossil have for years stood in the shadows, and in the way of real progress on climate change and sustainable development. Around the globe they are the worlds largest climate criminals, responsible for spilling millions of barrels of oil in the natural world, and dumping billions of tonnes of greenhouse gases into the atmosphere.

Let's get a (oil) drumroll please for today's Fossils! Those big bad polluters!

Shell! Exxon-Mobil! BP! Chevron! and a special Brazilian Rio Fossil for our sponsors here at Rio+20 Petrobras!  Honorable mention goes to all the oil barons, king coals and gas giants around the globe! Our top four recipients collectively made nearly $140 billion dollars in 2011, all while working against the adoption of strong, ambitious climate legislation in countries around the globe, digging deeper into dirty energy. All four are major players in the tar sands and part of a new rush to develop oil in the Arctic - despite their roles in major disasters like the Deepwater Horizon, the Kalamazoo river spill, the Exxon Valdez and the list goes on.

Oh yeah, and they're all part of that prestigious trillion dollar club, recipients of massive polluter handouts.

Petrobras gets a special spot for coming on as a sponsor of Rio+20 while trying to break the resistance of fishermen of Rio’s Bahia de Guanabara with violence. The fishermen have been struggling to defend their livelihoods against Petrobras’ oil spills.

The Fossil of the Day ceremony was also the target of a mock protest by "Billionaires for Subsidies", a group of youth drawing attention to the influence of big polluters here in Rio and on climate progress around the globe. The fossil fuel companies were targetted for attempting to hijack the agenda in Rio, but also for lobbying to weaken climate commitments for governments around the world. 

Shell, Exxon Mobil, Petrobras, Chevron and BP Given First Ever “Corporate” Fossil

Award given for lifetime commitment to blocking progress on climate and environmental protection

Rio de Janeiro - In an unprecedented move, the Fossil of the Day award broke protocol today to award a special fossil to big oil and their friends. The award is a recognition of the back room, dirty tactics that the fossil fuel industry and lobby has used here in Rio and for years to block progress on climate change and sustainable development. 

The corporations were also singled out for being some of the biggest recipients of the narly $1 trillion in subsidies handed out each year to big polluters. The award comes on the eve of a corporate business event including a session entitled "Fossil Fuels and Sustainability" that features representatives of Petrobras, BP and Shell. The text of the Fossil Award read as follows:

Today's fossil award is an extra special one, a never before seen or heard of Fossil of the Day...a Fossil First here in Rio.

The recipients of this Fossil have for years stood in the shadows, and in the way of real progress on climate change and sustainable development. Around the globe they are the worlds largest climate criminals, responsible for spilling millions of barrels of oil in the natural world, and dumping billions of tonnes of greenhouse gases into the aptmosphere.

Let's get a (oil) drumroll please for today's Fossils! Those big bad polluters!

Shell! Exxon-Mobil! BP! Chevron! and a special Brazilian Rio Fossil for our sponsors here at Rio+20 Petrobras!  Honorable mention goes to all the oil barons, king coals and gas giants around the globe! Our top four recipients collectively made nearly $140 billion dollars in 2011, all while working against the adoption of strong, ambitious climate legislation in countries around the globe, digging deeper into dirty energy. All four are major players in the tar sands and part of a new rush to develop oil in the Arctic - despite their roles in major disasters like the Deepwater Horizon, the Kalamazoo river spill, the Exxon Valdez and the list goes on.

Oh yeah, and they're all part of that prestigious trillion dollar club, recipients of massive polluter handouts.

Petrobras gets a special spot for coming on as a sponsor of Rio+20 while trying to break the resistance of fishermen of Rio’s Bahia de Guanabara with violence. The fishermen have been struggling to defend their livelihoods against Petrobras’ oil spills.

The Fossil of the Day ceremony was also the target of a mock protest by "Billionaires for Subsidies", a group of youth drawing attention to the influence of big polluters here in Rio and on climate progress around the globe. The fossil fuel companies were targetted for attempting to hijack the agenda in Rio, but also for lobbying to weaken climate commitments for governments around the world. 

What is the Real Price for that Petrol Fill-Up?

If there were any lingering doubts about the danger of continuing the addiction to fossil fuels, the BP/Deepwater Horizon oil spill in the Gulf of Mexico must surely be crushing them. The oil spill, fouling an ocean and threatening the prosperity of millions, has been accurately described as the greatest environmental disaster in US history. Moreover, the BP Gulf catastrophe is not an anomaly for offshore drilling.  Oil spills occur throughout the world.  In fact, more oil is spilled each year from the offshore oil fields of Nigeria than has been spilled to date from the Deepwater drilling disaster. Because of its role as the primary global transportation fuel along with many other uses, oil is responsible for a major share of greenhouse gas emissions.  The oil spill in the Gulf of Mexico is a major signal that a strong climate deal is imperative. If no global climate agreement is achieved, then the consequences are clear to scientists: temperatures will increase beyond the threshold needed for catastrophic climate change.  Furthermore, effects from climate change are already being felt everywhere.  Just last week, hundreds died in India and Pakistan during a terrible heat wave, with temperatures shooting up as high as 50o C (122o F).   These developments are bitterly ironic because alternative energy sources do exist, but there 
remains a lack of sufficient investment in clean energy.  The International Energy Agency calculates the cost of not taking on clean energy opportunities at $500 billion a year, yet today the world economy spends over $550 billion a year on fossil-fuel subsidies.  It is hardly logical to subsidize resources that cost us money while simultaneously 
destroying the environment. How can this continue given the ongoing catastrophe in the Gulf Coast as well as all the other examples of the environmental damage from fossil fuels?  In a recent poll the majority of the US public are now against offshore drilling, and President Obama is using the oil spill as motivation for climate change and energy legislation.  Checking climate change and sustaining economic growth, however, depends upon an international agreement to invest in clean energy and adapt to the unavoidable consequences of climate change. Moving beyond fossil fuels is a project of major proportions and will take a consistent effort over many years with growing effort and resources.  Finance is a critical piece and will form the foundation for the building blocks that negotiators are working on here in Bonn. Looking ahead to G8/G20 meetings later this month, finance for clean energy is high on the agenda.  Heads of State will discuss new sources of finance and the possibility of switching off the subsidies from fossil fuels and redirecting their revenue to clean energy investments. Both of these initiatives would fuel the low-carbon race among countries and lay the foundation for a breakthrough agreement in Cancun, and over the longer run spark an economic renaissance for the world as well as the climate that sustains our economy.  That is why it is so necessary here in Bonn to make progress on finalizing technical issues so that Cancun can be launch pad for an internationally binding deal. The image of the oil gushing into the Gulf of Mexico haunts the climate talks, and we hope it’s haunting the Obama administration. The gushing greenhouse gas emisions are less visible, but the source of both problems is the same: our addiction to fossil fuels. The benefits of harm reduction by moving away from oil will be great for the climate, nature and the economy alike.

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