Shell joins BP in calls against excessive oil trading regulation

Shell joins BP in calls against excessive oil trading regulation

May 21st, 2015 

by John Donovan. 

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May 20 2015 | By: Carl Surran, SA News Editor

Shell joins BP in calls against excessive oil trading regulation

• Royal Dutch Shell (RDS.A, RDS.B) joins BP in calling on European regulators to refrain from imposing stricter capital requirements and greater disclosure measures on oil trading.
• Regulators would achieve undesired effects if companies and trading houses were forced to follow stricter capital requirement rules or be limited in their ability to trade derivatives, Shell VP for trading Mike Muller says, seconding recent statements from BP trading division chief Paul Reed.
• Both BP and Shell trading divisions employ hundreds of people and trade millions of barrels of oil and refined products every day, and Shell’s trading business will become even bigger when it finalizes its acquisition of BG Group.

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Posted in: BP, Business Principles, Oil, Oil Price Fixing, Oil Prices, Royal Dutch Shell Plc, Shell.
Tagged: BP · Oil · Oil Prices · Royal Dutch Shell Plc · Seeking Alpha · Shell

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China navy warns U.S. spy plane in disputed South China Sea: CNN

(Reuters) - The Chinese navy warned a U.S. surveillance plane flying over artificial islands that Beijing is creating in the disputed South China Sea to leave the area eight times, according to CNN, which was on board the flight on Wednesday.

The P8-A Poseidon, the U.S. military's most advanced surveillance aircraft, flew at 15,000 feet (4,500 meters) at its lowest point, CNN said.At one stage, after the American pilots responded by saying the plane was flying through international airspace, a Chinese radio operator said with exasperation: "This is the Chinese navy ... You go!"

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Report: Fossil Fuel Companies get $10 Million a Minute from World Governments

Report: Fossil Fuel Companies get $10 Million a Minute from World Governments

— May 18, 2015

A report published today by the International Monetary Fund (IMF) found that, in total, world governments handed out subsidies to the fossil fuel industry to the tune of $5.3 trillion a year, or roughly $10 million a minute, Common Dreams reported.

Leading up to the United Nations Climate Change Conference in Paris later this year, energy subsidy reform has been an important topic on the international agenda. This study examined just how large these subsidies and their impacts actually are.

The authors found that the effects of energy subsidy reform would be “potentially enormous.”

“Eliminating post-tax subsidies in 2015 could raise government revenue by $2.9 trillion, cut global [carbon dioxide] emissions by more than 20 percent, and cut premature air pollution deaths by more than half … [and] would raise global economic welfare by $1.8 trillion.”  READ MORE

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WHAT AMERICANS KNOW ABOUT THE GAP BETWEEN THE RICH AND THE POOR

WHAT AMERICANS KNOW ABOUT THE GAP BETWEEN THE RICH AND THE POOR

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TURNS OUT, BEING PROGRESSIVE AND RELIGIOUS IS HILARIOUS		WHAT AMERICANS KNOW ABOUT THE GAP BETWEEN THE RICH AND THE POOR

THE PRICE OF NICE HAIR

FEDERAL COURT: NOTRE DAME CAN'T CUT OFF BIRTH CONTROL FOR ITS STUDENTS		MAJOR STUDY ON MARRIAGE EQUALITY WAS A FRAUD

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The Left Matters: Now, More Than Ever

The Left Matters: Now, More Than Ever RJ Eskow: Some centrist Democrats like to say they’d govern more liberally, but the United States is a “center-right” country. There is very little truth in this. READ MORE shared from

THURSDAY, 21 MAY 2015 The Left Matters: Now, More Than Ever RJ Eskow: Some centrist Democrats like to say they’d govern more liberally, but the United States is a “center-right” country. There is very little truth in this. READ MORE Just How Many Campus Rapes? Tara Culp Ressler: Sexual assault is a vastly underreported crime, which means that official police reports don’t provide a good metric. READ HERE Cursed With Water: Owens Valley’s Toxic Surprise Leighton Woodhouse:Drought-stricken growers, deprived of surface water for irrigation, are pumping ancient aquifers at a rate that will eventually extinguish them forever, should the water shortage persist. READ MORE Women “Equal” in STEM Hiring? Not So Fast Sikivu Hutchinson:When white women and women of color continue to receive a barrage of social messages and cues that they are not fit to be scientists, tech specialists, and engineers, their tendency to “choose” non-STEM disciplines and careers becomes a self-fulfilling prophecy. READ MORE Cyberspying Transcends Everything You Think You Know About It Larry Wines: How come we are all paying to be spyed on, not by some nefarious government, but by ruthless capitalists who will sell their own grandmother after billing us to feed, house, and clothe her so she is plump and healthy and will fetch a better price? READ MORE

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The science of rat empathy and what it tells us about human kindness

The science of rat empathy and what it tells us about human kindness

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A colorblind man explains what it was like seeing the color of his kids' eyes for the first time.

The science of rat empathy and what it tells us about human kindness

A 92-year-old World War II fighter pilot flies her plane for the first time in 70 years.

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KOCH BROTHERS EXPOSED BY JESSE VENTURA

Published on May 7, 2014

Koch Bros. Exposed! | Jesse Ventura Off The Grid - Ora TV

Who are Charles and David Koch? Where did their billions come from? And why are they are running this country?

Today, Jesse Ventura launches an #OffTheGrid investigation into the two puppet masters of U.S. politics behind the Americans for Prosperity super PAC. What do you think of the Kochs? Tell the Governor at ora.tv/offthegrid/askjesse.

Message Jesse at ora.tv/offthegrid/askjesse. www.ora.tv

SUBSCRIBE to Jesse Ventura's channel:
http://bit.ly/1cxRueG

Sign up for show updates here:
http://on.ora.tv/1bVRusp

LIKE "Jesse Ventura" on Facebook
http://www.facebook.com/jesseventura

FOLLOW Jesse Ventura on Twitter & Comment on the show using #OffTheGrid
https://twitter.com/GovJVentura

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This Growing ‘Green’ City May Be The Front Line In Climate Change Battle

This Growing ‘Green’ City May Be The Front Line In Climate Change Battle

May 20th, 2015 

by John Donovan. 

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Lynne Peeples: lynne.peeples@huffingtonpost.com

This Growing ‘Green’ City May Be The Front Line In Climate Change Battle

SEATTLE — “That doesn’t even look like a boat. How does it float?”

Elizabeth Spence, 8, peered through a chain-link fence at a massive yellow drilling rig, newly docked a short stretch away. Her dad had brought her here on Thursday evening to check out the latest addition to the Seattle waterfront and to add some local context to a current topic of study in Elizabeth’s third-grade class: climate change.

She was quick with her take on that day’s arrival of the first of Royal Dutch Shell’s Arctic fleet. More than two dozen Shell vessels, including another oil-drilling rig, are expected to make Seattle a home base between oil-exploration trips in the Arctic’s Chukchi Sea.

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Posted in: Alaska, Arctic, Chukchi Sea, Climate Change, Environment, Greenpeace,Litigation, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Global Warming · Oil · Royal Dutch Shell Plc

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Climate change a serious security threat, warns Obama

Climate change a serious security threat, warns Obama

May 20th, 2015 

by John Donovan. 

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President Obama has called climate change “a serious threat to global security” and heavily criticised climate change deniers.

In his strongest remarks on the issue yet, Mr Obama said climate change would “impact every country on the planet”.

The US president made his comments in a speech to students at the Coast Guard Academy in Connecticut.

He has previously identified climate change as a central issue for the remainder of his time in office.

Faced with strong opposition on the issue from Republicans and industry, Mr Obama used his speech to frame the threat in terms of national security.

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Posted in: BBC News, Climate Change, Environment, President Obama.
Tagged: Global Warming · President Obama

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