New Internationalist - November 2014.pdf

New Internationalist - November 2014

48 Pages | True PDF | English | 12 MB

The magazine sets out to explain and inform, giving readers the essentials of a subject in a concise, easy-to-read full-colour format with excellent photos and graphics.

In This Issue:

Are we living through the dying days of the oil age? The oil industry is certainly facing challenging times. While the world is still thoroughly dependent on ‘black gold’, change is on the horizon. Capital expenditure by the largest oil companies is now five times what it was in 2000, yet production has barely increased. The implications of this looming ‘carbon bubble’ are gradually dawning on the financial sector. Grassroots resistance to oil extraction is racking up successes, and fossil-fuel divestment campaigns are sweeping the globe. But the likes of Shell, Exxon and Chevron won’t go down without an almighty fight. The November issue of New Internationalist will explore these momentous developments and highlight strategies to prize big oil’s toxic grip from our political process.