In April of 2017, Trump signed an executive order aiming to undo an Obama-era ban on fossil fuel exploration in that territory, but a federal judge in Alaska ruled the move unlawful in 2019.
The ruling rebuked the U.S. Forest Service and Bureau of Land Management (BLM) for failing to consider threats to public health, endangered species, and watersheds before opening more than 40,000 acres of the forest to fracking last year.
If built, Line 3 would carry hundreds of thousands of barrels a day of tar sands crude oil — some of the dirtiest oil in the world — and would contribute the equivalent of 50 coal plants worth of carbon pollution to the atmosphere.
A U.S. District Court judge has imposed a $14.25 million penalty to punish the company for violating the federal laws—the largest yet imposed in a Clean Air Act citizen enforcement suit.
Royal Dutch Shell’s Nigerian subsidiary must pay punitive restitution to Nigerian villages for oil spill contamination that brought death, illness, and destruction to Nigerian farmers and communities.
The decision from Credit Suisse, ING, and BNP Paribas is seen as a major victory for environmental and Indigenous rights activists, Reuters reported.
The executive order “directs federal agencies to eliminate fossil fuel subsidies as consistent with applicable law and identify new opportunities to spur innovation, commercialization, and deployment of clean energy technologies and infrastructure.”
The 1,700-mile pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf Coast, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma.
The Bank of France, which manages 22 billion euros, will no longer invest in companies that generate more than 2 percent of their revenues from coal by the end of 2021 and will drop this threshold to zero percent by 2024.
“The gas pump stickers will remind drivers to think about climate change and hopefully consider non-polluting options.”
