Energy firms have made record profits by increasing production of oil and gas, far from their promises of rolling back emissions
Extinction Rebellion protests at BP. Banner reads big profits before planet
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Oil majors have, over the past several years, rolled out pledges to decrease oil and gas production and slash their emissions, citing concerns about the climate crisis. But more recently, many have walked those plans back.
Amid record-shattering warmth this February, BP scaled back an earlier goal of lowering its emissions by 35% by 2030, saying it will aim for a 20 to 30% cut instead. ExxonMobil quietly withdrew funding for a heavily publicized effort to use algae to create low-carbon fuel. And Shell announced that it would not increase its investments in renewable energy this year, despite earlier promises to dramatically slash its emissions.
Climate-fueledextreme weatherpersisted through spring and summer. But fossil fuel companies have only doubled down on their oil- and gas-filled business models. Shell promised to cut oil production by 20% by 2030, but then this year said it already met that goal by selling off some operations to another oil company –thereby not reducing emissions in the atmosphere. BP has also expanded gas drilling. And Exxon’s CEO, Darren Woods, told an industry conference last month that his company plans to double the amount of oil produced from its US shale holdings within the next five years.
The Church of England is selling all its remaining oil and gas investments, saying that “not nearly enough” progress had been made by fossil fuel companies in transitioning to net zero.
The decision by the Church Commissioners for England, which manages the Anglican church’s £10.3 billion endowment fund, cuts off investments in oil majors including Shell, BP and Total.
It will also see the church divest from all other companies involved in oil and gas production unless they are in “genuine alignment” with Paris Agreement goals to limit global heating to 1.5C above pre-industrial levels, the Commissioners said.
Archbishop of Canterbury Justin Welby said the climate crisis “threatens the planet we live on, and people around the world who Jesus Christ calls us to love as our neighbors.”
“It is our duty to protect God’s creation, and energy companies have a special responsibility to help us achieve the just transition to the low carbon economy we need,” he added.
The Existing, not Living report, commissioned by Scotland’s largest social landlord, the Wheatley Group, spoke to tenants around the country to look at the impact of the social security system on their lives.
The research showed that 65 per cent of claimants believed that UC payment failed to give them enough money to cover the basics of life.
One tenant said of her situation: “Trying to live on £243 per month, that’s horrible.
“I’m expected to pay my council tax, gas and electricity, pay debt and rent arrears.
“It’s physically impossible to pay for all that and, of course, also your internet or some kind of mobile phone with internet, which you need to have if on UC.”
THREE major unions will be launching a joint campaign to halt social care privatisation in West Lothian, they announced over the weekend.
Following the integration of health and social care in Scotland in 2014, local integration joint boards (IJBs) have run social care, with council social work departments relegated to the status of “contractor.”
The boards are made up of health board members and local councillors.
West Lothian IJB, which operates in a locale with the fastest-growing elderly population in Scotland, is considering forcing the privatisation of four care homes for the elderly, according to the Unite, GMB and Unison unions.
The government has quietly published plans to effectively legalise “hazardous” accommodation for thousands of asylum seekers in England.
In a move labelled “shameful” and an “assault on human rights” by housing and refugee charities, a new draft law proposes removing landlords’ obligation to get a HMO (house in multiple occupation) licence if they are providing accommodation to vulnerable asylum seekers.
Campaigners say HMO licences are the primary way authorities currently ensure homes filled with large numbers of people they were not initially designed to fit do not become a major fire risk. They are normally required for all private rented properties that house five or more people from multiple households and are granted by councils if inspectors are satisfied that the building meets government guidelines, including that it isn’t dangerously overcrowded, in disrepair, damp or mouldy.
OIL and gas giants were accused of “grotesque profiteering” today after BP reported that it had raked in an eye-watering £4 billion in just three months.
The mammoth profit total for the first quarter of 2023 was down from the near £5bn the energy firm pocketed in the same period last year following Russia’s attack on Ukraine.
But the combined profits of both BP and Shell have now hit a whopping £55bn over the last year as gas and electricity bills have more than doubled for Britons already struggling with 40-year high inflation and plummeting take-home pay.
Unite general secretary Sharon Graham said: “BP’s grotesque profiteering is continuing at pace.
“Profiteering is a blight on the economy which is driving prices higher, leaving workers poorer while businesses struggle to keep the lights on.”
UNISON is challenging the Tory government’s latest attack on the right to strike in a two-day High Court hearing starting on Wednesday.
The public-sector union’s case was prompted by then prime minister Boris Johnson’s decision to scrap decades-old regulations preventing bosses from employing agency workers to break industrial action.
Last July’s widely condemned action was “unlawful and violates fundamental trade union rights,” Unison argued.
General secretary Christina McAnea said: “Breaking strikes with unqualified and ill-experienced agency workers doesn’t address the root causes of why people are striking and it only puts the public in danger.”
THE TUC is calling today for solidarity in defence of democracy and against racism and extremism to mark the day 90 years ago that trade unions were banned in Nazi Germany.
Union offices were raided and officials and activists rounded up on May 2 1933; some were tortured and some died in concentration camps in the years that followed.
Independent trade unions were replaced with the Nazi-controlled German Labour Front, a propaganda tool for the regime and its hate-filled anti-semitic ideology.
“Trade unions are a bastion of democracy and freedom against authoritarian and violent regimes,” said the TUC, which is providing training and resources for union activists to counter racism, including anti-semitism, and attempts by the far right to recruit in workplaces.
Persecution of trade unionists continues around the world, the union body said.
The Electoral Commission has admitted it will ‘not be possible to accurately quantify’ the impact of the new rules by counting who does or doesn’t have ID at the ballot box
The number of people turned away at polling stations because they do not have Voter ID will never be known, the elections watchdog has admitted.
People will be required to show photographic ID for the first time at polling stations on Thursday.
But the Electoral Commission has admitted it will “not be possible to accurately quantify” the impact of the new rules by counting who does or doesn’t have ID at the ballot box.
Data reveals the world’s leading oil and gas majors continue risk-laden, global expansion, despite net-zero pledges.
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Analysis of exclusive fields data from GlobalData, Energy Monitor’s parent company, shows that the world’s five largest Western oil majors by revenue – BP, Chevron, ExxonMobil, Shell and TotalEnergies – are planning for a future misaligned with a net-zero pathway, as outlined by the IEA.
The findings come despite the fact that all five companies have pledged on paper to reach net zero by 2050, and they are all based in countries that hold similar pledges on a national level. The findings also come on top of an earlier Energy Monitor investigation, which found that the oil and gas extraction plans of just 25 oil majors will produce carbon emissions that use up 90% of the world’s remaining 1.5°C carbon budget.
In the case of the five Western oil majors, the first key net-zero misalignment is the sheer size of the companies’ expansion plans. Rather than entering the period of managed decline that the IEA recommends should occur to be aligned with net zero by 2050, data shows that the five companies are in the process of developing 157 new fields, on top of the 1,350 they already operate. These upcoming fields would add a massive 122 billion barrels of oil equivalent (bboe) to the 299 bboe remaining in the five companies’ already-operating fields.
A motorist drove through Just Stop Oil protesters blocking a road in north London on Tuesday morning (2 May), colliding with a person.
“It went over my foot,” a member of the group can be heard saying.
The demonstration was part of Just Stop Oil’s vow to march every weekday and on Saturdays from 24 April to call on the government to stop licensing any new fossil fuel projects in the UK.
The car wasn’t hanging around for Just Stop Oil’s protest. Credit: Twitter/Just Stop Oil
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A spokesperson for the Metropolitan Police told LADbible: “Police are appealing for witnesses and dash cam footage after a person was involved in a collision with a vehicle on Holloway Road, Islington, whilst engaged in a protest, at around 10:00hrs, today Tuesday 2 May.
“The incident was brought to police attention after being circulated on social media and shows the person being involved in collision with a grey Renault Megane.
“If you were the person or have any information about the incident please report by calling 101, tweeting @MetCC or online at www.met.police.uk/.”
After the footage went viral, Just Stop Oil shared the video and commented how they believe that ‘inflammatory language’ from politicians and commentators has caused this end result.
The group tweeted: “After weeks of inflammatory language from politicians and right-wing media personalities, a car has finally rammed into a peaceful protest.
“Are you about to comment ‘Good!’ or ‘Stay out of the road?’
“Are you sure that the side you want to pick is the side of violence, of the repression of protest?
Since mid-March, the world’s oceans have been hotter than at anytime since at least 1982, raising concerns among some climate experts about accelerated warming.
Why it matters: Hotter oceans are hugely consequential for land areas, since they can contribute to more frequent and severe extreme weather and climate events, from deluges to heat waves.
In addition, the temperature spike could be a sign that warming is speeding up in ways that climate models failed to anticipate.
The situation has also driven conflict, with more than four million people now in need of humanitarian aid.
A cohort of 19 researchers from seven countries studied if climate change was to blame, ruling that the longer rainy season has become drier, while the short rainy season has become wetter all due to changes in global temperatures.
They branded the drought “one of a kind”, adding that climtae change had made agricultural drought one hundred times more likely.
Left wing faction Momentum compared Starmer’s shifting position to that of Nick Clegg, who famously went into the 2010 general election pledging to abolish tuition fees only to triple them when in government. A spokesperson for Momentum said: “This move wouldn’t just fly in the face of party democracy and the wishes of Labour Students. It would be a betrayal of millions of young people in desperate need of hope. The Labour leadership should learn from Nick Clegg’s failure, not repeat it.”
The former Labour leader Jeremy Corbyn made similar comments. He tweeted: “Young people should not be saddled with a lifetime of debt just because they want to get an education. Abolish tuition fees, restore maintenance grants and deliver free education for all.”
Cullen commented that, although the outcome of today’s meeting appeared to be set, nurses will remain in dispute with the government over pay and staffing.
“Tuesday’s meeting with Steve Barclay appears a foregone conclusion,” said Cullen. “Different unions and different professions came to different, but respectable, conclusions on this pay offer.
“The deal being accepted by others does not alter the clear fact that nursing staff, as the largest part of the NHS workforce, remain in dispute with the government over unfair pay and unsafe staffing.”
And Cardwell exposed his link to the account when he tweeted one message pretending to be Gorst, thenimmediately deleted it and was stupid enough to put the same message out on the ‘Spam’ account moments later
Right-wing Labour MP Jess Phillips has deleted a tweet in which she said she bought her first home at the age of twenty and described how it changed her and her children’s ‘fortune’
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Phillips has previously told the Financial Times, presumably in an oddly-placed effort to boost her working-class credentials, that at age 22 she was living in a ‘squat’
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