A couple of weeks ago, the UK Prime Minister flew himself all the way up to Aberdeen on a private jet to cement himself firmly on the side of climate denial, announcing that 100 new licenses will be approved in for new oil and gas projects in the North sea. Since then, he's only double … Continue reading New North Sea Oil Takes Us Backwards
Yesterday it was announced that Shell had made £32billion in profits in 2022 after making around £8billion in the final quarter of the year - quite the bumper year for their shareholders! This was the largest profits ever recorded after smashing the previous record of £25billion they recorded in 2008. In a year that's seen … Continue reading Making Billions Whilst the World Burns
In recent months, the global price of oil and gas has been on the rise. As countries looked to leap out of the economic lull caused by the Covid-19 pandemic at the end of 2021, the demand for fossil fuels returned, driving up the price of oil and gas as countries all over the world … Continue reading The Rising Price of Fossil Fuels
Bitcoin has hit the headlines a lot recently as its value has skyrocketed, exceeding $60,000 just a few days ago. As of today, 1 bitcoin is worth $54,842.30 (£39,445.60) so it has dropped in recent days but it is still incredibly valuable. Since it was created in 2009 by someone under the pseudonym Satoshi Nakamoto, … Continue reading How Green can Bitcoin be?