Oil and Gas

Gas Flaring in Nigeria

Gas flares are created when oil companies burn off extra gas that escapes as a result of oil drilling.

Gas flares burn several stories high throughout the Niger Delta, often within a few hundred yards of communities. Some flares, like the one pictured here, have been burning constantly day and night for over 30 years.

People living in villages near the flares suffer from polluted air and water, and contract asthma and cancer as a result of breathing flare smoke.

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Drilling or Shilling for Oil?

The Senate is poised to consider legislation that gives away too much to big energy interests to produce dirty power at the expense of clean energy, which will get us off fossil fuels and help combat global warming.

House Democrats pushed weak legislation days ago that capitulated to Republican demands for more offshore drilling, and now the Senate is looking at legislation with similar rewards for the same old energy gang: coal and oil.

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Big Oil Takes Our Tax Dollars

Oil Company ProfitsFriends of the Earth’s new analysis shows that even though the oil and gas industry is experiencing record profits, it is set to receive at least $33 billion in handouts from taxpayers over the next five years. These companies stand to gain at least $23.2 billion from tax loopholes, $3.8 billion in royalty rollbacks, $1.6 billion in direct subsidies for research and development, and $4.3 billion through accounting gimmicks. The tax giveaways have increased dramatically since the passage of a Republican-drafted energy bill in 2005.

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Power Failure

How the World Bank is Failing to Adequately Finance Renewable Energy for Development

AfricaIf the World Bank Group is to deliver on the potential of renewable energy to promote development and poverty alleviation, it will have to dramatically increase its funding for renewable energy, both in absolute terms and as a proportion of its overall energy funding.

 


Poverty Reduction or Poverty Exacerbation

World Bank Group Support for Extractive Industries in Africa

While natural resource wealth may seem to hold potential for contributing positively to Africa's economic development, in practice it has been difficult to convert resource wealth into broad-based improvements in economic growth and human development.

 


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