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Obama’s Climate Change Policy ‘Coming Soon’

President Obama has reportedly told Democratic Party donors at closed-door fundraisers that he will unveil a new climate change plan in July, with separate actions that could potentially address the Keystone XL oil sands pipeline project and the EPA’s emissions guidelines for new and existing power plants. The White House … Read more »

S&P Warns of Credit Downgrade for BP, Shell, Others

Oil and gas companies including BP and Shell will likely see declines in cash flows and credit downgrades if world leaders implement policies to limit GHG emissions, according to a study by Carbon Tracker and Standard & Poor’s. What A Carbon-Constrained Future Could Mean For Oil Companies’ Creditworthiness looks at … Read more »