Archive for the ‘Energy Policy’ Category

Oily influences on US energy legislation

Tuesday, August 21st, 2007

A study done by the Center for American Progress (CAP) shows a strong correlation between Big Oil political contributions and votes on energy legislation which eliminates $16 billion in oil company tax breaks and royalty relief.The 221 House members who voted for the House energy bill received around $5.8 million in total from the oil and gas industry between 1989 and 2006 while the 189 House members who voted against the bill received more than $20.6 million over the same period. We need a separation of oil and state!

According to the CAP study, this shows that “representatives who receive significantly more oil and gas campaign contributions were significantly more likely to oppose a tax package that invests in clean energy for vehicles, fuels, and electricity. Given big oil’s $29 million in direct campaign contributions to representatives, it is unsurprising that when big oil knocks, many representatives answer the call.”

Heating up for Wolfowitz at the Bank

Tuesday, May 1st, 2007

The Government Accountability Project (GAP) is accusing beleaguered World Bank President Paul Wolfowitz of trying to weaken references to climate change in the World Bank’s Clean Energy and Investment Framework.GAP has released an internal summary of a February 2006 World Bank meeting on the Framework.

The summary includes the following passage: “Feedback from the President’s office subsequent to the meeting asked the team to refocus the paper shifting from a climate lens mainly to a clean energy lens.” This development comes on the heels of accusations from the World Bank’s Chief Scientist, Bob Watson, that Wolfowitz’s handpicked Managing Director, Juan Jose Daboub, tried to “water down references to climate change.”

British MPs Call for an End to Oil Aid

Tuesday, May 1st, 2007

British Member of Parliament, Michael Meacher, has introduced an “early day motion” that calls on the British aid agency, the Department for International Development, to stop subsidizing oil companies through development agencies like the World Bank.Other Members of Parliament are invited to endorse the motion, which will stay open until November. A similar motion last year attracted the support of more than 137 MPs.

The motion, which was pioneered with the support of the UK network Plan B, reads:

“That this House notes that the Department for International Development (DFID) provides both financial and political support for oil companies in developing countries through multilateral organisations;

further notes that this support is inconsistent with its mandate to alleviate poverty and help mitigate the effects of climate change in those countries, and that increasing access to low carbon energy is critical to achieving the Millennium Development Goals;

and calls on DFID to produce a strategy on energy and climate change which contribute to overall reductions in carbon dioxide emissions by phasing out support for oil and gas projects, massively increasing support for renewable, decentralised energy supplies, and reporting regularly to Parliament on the impact of its energy and climate change strategy on carbon dioxide emissions and poverty alleviation as part of its duties under the International Development (Reporting and Transparency) Act 2006.”