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Pascoe Sabido

@pascoesabido.bsky.social
485 followers 360 following 211 posts

Exposing the power of corporate lobbying in the EU for Corporate Europe Observatory @corporateeurope.bsky.social, esp around climate, but all diatribes my own.

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Reposted by Pascoe Sabido
Corporate Europe Observatory (CEO) @corporateeurope.org · 13/10/2026
Europe may be paying 80% more for US LNG by 2040, according to @oilchange.org. That's a disaster for households and businesses already struggling to pay their bills. The EU needs to get off gas altogether, not swap Russian gas for Trump. oilchange.org/wp-content/u...
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Laleh Khalili @lalehkhalili.bsky.social · 13/10/2026
The US is so utterly corrupt. Do you remember those dodgy bets on oil made right before Trump made announcements about Hormuz? Well the the US Commodity Futures Trading Commission, the federal derivatives regulator was gonna investigate and see what happened: www.bloomberg.com/news/feature...
Based on the timing of the trading they observed and who was behind it, the analysts, from the agency’s Division of Market Oversight, filed a referral to the Division of Enforcement, which would decide whether to launch a full-scale investigation into potential insider trading, according to people familiar with the matter who asked not to be identified discussing government deliberations. Representatives from the two divisions also met and talked through how best to collaborate, people familiar with the matter said.

What happened next, they said, was highly unusual: Mel Gunewardena, a senior adviser to the agency’s Trump-appointed chairman, Michael Selig, told a supervisor within the market oversight team to retract the referral.
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Reposted by Pascoe Sabido
Fossil Free Politics @fossilfreeeu.bsky.social · 13/10/2026
There is no place for a gas giant at a climate event ✊ And still, today’s “Energy Day” at the Brussels Climate Week has ENGIE as the main sponsor. We started our day there to call for a ban on fossil fuel sponsorships on climate events like this one.
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Pascoe Sabido @pascoesabido.bsky.social · 13/10/2026
This summer's heat waves are Europe's latest taste of the worsening climate catastrophe. This autumn expect floods + more. Yet we're less prepared than ever, with low-income and vulnerable households inevitably hit the hardest. euobserver.com/242285/franc...
euobserver.com
France, Greece, and Netherlands see steep fall in crisis-resilience, study finds
With one in five adults worldwide hit by disasters in the past five years, millions of people in Greece and France could be dangerously exposed when the next natural or man-made crisis strikes.
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Pascoe Sabido @pascoesabido.bsky.social · 13/10/2026
Can't help but laugh 😂 EU Energy Commissioner Dan Jørgensen says Europe's moving away from Russian gas towards "a more diverse range of reliable suppliers". Ha! I've never heard Trump described in such terms! The EU is in fact shifting from one blackmailer to another. euobserver.com/242252/made-...
euobserver.com
‘Made in Europe’ wind, solar, and nuclear power can protect us from future energy shocks
Brussels is betting on a rapid build-out of homegrown renewables and nuclear to shield households and industry from the next energy shock.
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Pascoe Sabido @pascoesabido.bsky.social · 07/10/2026
Windfall tax, anyone? www.theguardian.com/business/202...
theguardian.com
Shell expects refineries to almost double the profit from every barrel of fuel made
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia
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Reposted by Pascoe Sabido
Corporate Europe Observatory (CEO) @corporateeurope.org · 07/10/2026
🚨 NEW REPORT: The pesticide industry didn't just lobby on the EU's Food & Feed Omnibus. More like they co-wrote it. This report shows how. Check it out 👉 corporateeurope.org/en/2026/10/f... Thread 🧵👇
corporateeurope.org
Food & Feed Omnibus, co-written by the pesticide lobby | Corporate Europe Observatory
The pesticide lobby’s dirty fingers are all over the EU's Food & Feed Omnibus. Omnibus X is paving the way for the dismantling of EU pesticide regulations by allowing harmful pesticides to remain in u...
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Pascoe Sabido @pascoesabido.bsky.social · 06/10/2026
We're being told that new international carbon credits are "high integrity" but dig a little deeper and you can see that they're as problematic as they always were. #Article64 #CarbonMarkets @carbonmarketwatch.bsky.social @realzeroeurope.bsky.social @gfc-forest.bsky.social @foeint.bsky.social
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Reposted by Pascoe Sabido
Friends of the Earth Europe @foeeurope.bsky.social · 06/10/2026
FOREVER EVER?! Listen to Agnes, an Austrian bee-keeper who has witnessed the terrible impact of pesticides on her bee hives & Carmen, a leading bee expert, as they explain why the use of pesticides cannot go unchecked. 👀🤯 Say no to the #Pesticide #Omnibus! 1/2 Video with @global2000.bsky.social
youtu.be
Forever, ever?! Why we need protections for bees & rules for pesticides
YouTube video by Friends of the Earth Europe
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Reposted by Pascoe Sabido
Le Monde in English @english.lemonde.fr · 29/09/2026
Pesticides: Scientific community warns of 'dangerous step backward' in European laws
lemonde.fr
Pesticides: Scientific community warns of 'dangerous step backward' in European laws
In a bid to simplify regulations and boost economic competitiveness, the European Commission is proposing numerous relaxations in the Omnibus X legislative package.
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Reposted by Pascoe Sabido
EPSU @epsu.bsky.social · 29/09/2026
We’re on the streets in Paris with French public service workers! ✊🇫🇷 Better pay. Better conditions. More staff. More investment in the public services we all rely on. Solidarity with everyone taking action across France today! ❤️
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Reposted by Pascoe Sabido
Beth Stratford @bethstratford.bsky.social · 29/09/2026
Well, I for one am an economist who supports rent controls! Here’s why 🧵: Markets only work well if: -buyers & sellers have roughly equal power -producers respond to price signals & expand supply in response to scarcity -buyers can walk away if prices get too high
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Reposted by Pascoe Sabido
Noel Healy @drnoelhealy.bsky.social · 25/09/2026
The assault on US universities didn't start in 2025. Our new paper traces the decades of corporate capture that made it possible, and why climate research is a primary target. Open access: www.sciencedirect.com/science/arti...
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Corporate Europe Observatory (CEO) @corporateeurope.org · 28/09/2026
❌ WE SAY NO TO PALANTIR We and 120+ organisations and unions across Europe are calling on our governments and the European Commission to scrap all existing public sector contracts with Palantir. Read the open letter here: www.globaljustice.org.uk/wp-content/u...
Text reads: 120+ organisations and unions across Europe call on governments and the European Commission to SCRAP Palantir contracts. Palantir provides support to warmongers, drains our public wealth, deepens our dependence on tech billionaires. WE SAY NO TO PALANTIR.
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Corporate Europe Observatory (CEO) @corporateeurope.org · 24/09/2026
🚨 Enough is enough! 👏 Workers from all over Europe came to Brussels to say no to the EU Inc/ 28th Regime proposal which will lead to undermining of workers and trade union rights. ✊ EU Inc is a symbol of the madness we are living in and it shall not pass! 👏 @etuc-ces.bsky.social 👏
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Pascoe Sabido @pascoesabido.bsky.social · 22/09/2026
France's Macron pretends to care about energy prices but uses the public anger as a tool to deregulate climate regulations instead, helping the oil and gas industry, not people and the planet www.ft.com/content/07c0...
ft.com
France calls on EU to take immediate action to lower energy prices
President Emmanuel Macron also urges European Commission to delay implementation of new methane rules by a year
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Pascoe Sabido @pascoesabido.bsky.social · 22/09/2026
And why is it left to the far right questioning the fairness of EU policies? Meloni in Italy wants Brussels to "relax fiscal rules for households and industries struggling with soaring energy costs, arguing that energy security should be treated with the same urgency as defence spending."
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Corporate Europe Observatory (CEO) @corporateeurope.org · 21/09/2026
Today, EU Commission published its sustainability rating scheme for data centres. Remember how the Commission copy-pasted a Microsoft amendment to keep crucial information on data centres energy use+environmental impacts hidden? Well, Big Tech’s ‘confidentiality’ clause remains 😡 - just reworded ⬇️
corporateeurope.org
Copy, paste, govern | Corporate Europe Observatory
The EU Commission’s policy on data centres keeps information on individual centres' energy and water use under wraps. Research now reveals the Commission copied and pasted an amendment suggested by Mi...
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Pascoe Sabido @pascoesabido.bsky.social · 22/09/2026
As New York Climate Week kicks off, reality is biting elsewhere: Oil & gas majors Chevron and Exxon both announce they're increasing their LNG output at an industry conference in Bangkok. #climateweeknyc finance.yahoo.com/energy/artic...
finance.yahoo.com
Same Conference, Same Day, Same Bet: Chevron and ExxonMobil Double Down on LNG
Two of America’s leading energy companies chose the same week, the same city, and virtually the same stage to make the same bet: that the world’s demand for liquefied natural gas will continue to incr...
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Pascoe Sabido @pascoesabido.bsky.social · 16/09/2026
❓Who's paying the most in extra energy costs because of the Hormuz crisis? ✔️ Europe 🇪🇺 But as we heard from EU President VDL in today's #SOTEU, there's no serious strategy to tackle this. Maybe she should stop taking advice from the fossil fuel industry? #FossilFreePolitics
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Pascoe Sabido @pascoesabido.bsky.social · 16/09/2026
So depressing. But it's what we expect. Everything in it was a nod to corporate lobbyists and their demands, who have had unprecedented access to EU politicians, allowing them to set the agenda. But I'm sure many will still say VDL hasn't gone far enough, and push for even more concessions.
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Pascoe Sabido @pascoesabido.bsky.social · 16/09/2026
US data centres will consume more gas than most countries within a decade, according to a new outlook from BloombergNEF. The EU is desperate to keep pace with the US, for fear of losing the AI race. 💥 Bang goes the climate. (£) www.bloomberg.com/news/article...
bloomberg.com
US Data Centers Set to Burn More Natural Gas Than Most Nations
Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF.
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Reposted by Pascoe Sabido
Corporate Europe Observatory (CEO) @corporateeurope.org · 16/09/2026
This summer's heatwaves killed more than 35,000 extra people across Europe, mostly elderly and low-income. Von der Leyen's response in her State of the Union? "We must capture this market." Sustained public investment is what's needed. A market opportunity is what von der Leyen offers.
Quote graphic by Corporate Europe Observatory. A black-and-white photo of Pascoe Sabido, researcher and campaigner, appears on the right. The quote reads: 'Curbing global heating is not a win-win or a business opportunity and requires tough measures like phasing out fossil fuels. That's why Europe's oil and gas industry has fought them tooth and nail. But this speech gives that industry and its allies a helping hand by announcing it will speed up permitting approvals and slash so-called administrative burdens. Those so-called burdens are in fact laws that protect our air and water quality, and speeding up permitting will stop communities being able to say no to new gas pipelines or energy-guzzling data centres. This undermines climate action but also tramples on local democracy. By the end of this Parliament, expect to see record deaths from global heating and record low trust in Europe’s political class.
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Corporate Europe Observatory (CEO) @corporateeurope.org · 16/09/2026
#SOTEU : while Europe faces social, environmental and geopolitical pressures, it's funny how the solution always happens to be exactly what corporate lobbyists have been asking for, and they already have more access to EU decision-making than anyone. Here's our take on AI, deregulation and climate👇
Quote graphic by Corporate Europe Observatory. A black-and-white photo of Bram Vranken, researcher and campaigner, appears on the right. The quote reads: 'Never before has the call for regulating AI been stronger. But instead of enforcing EU rules to keep unaccountable tech companies in check, the EU is intent on slashing data protection and rules on AI. Ironically, in her State of the Union, von der Leyen claims the importance of guardrails, but ignores the fact that the EU Commission has teamed up with the tech industry to deregulate the digital rule-book.
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Pascoe Sabido @pascoesabido.bsky.social · 16/09/2026
Wanna get angry/depressed? Listen to @vonderleyen.ec.europa.eu's #SOTEU address. This summer saw 35,000+ excess deaths in 🇪🇺 from global heating-induced heat waves. Fighting it means investing in public services decimated by decades of austerity. For VDL, it's a chance to capture emerging markets 😩
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Pascoe Sabido @pascoesabido.bsky.social · 10/09/2026
Didn't get time to read the UN's latest overshoot report? Fear not, Heated's @emorwee.bsky.social got you covered. "The main takeaway: All is not lost. But we need a revolution." And she's shared a great summary from @ayanaeliza.bsky.social ayanaelizabeth.substack.com/p/i-read-the...
ayanaelizabeth.substack.com
I read the new UN climate report so you don't have to.
TL;DR they are calling for radical transformation of our society.
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Pascoe Sabido @pascoesabido.bsky.social · 09/09/2026
The reply itself? As ever, failed to fully address the points raised, and claimed the EU promoted sustainable projects. Of interest, we were invited to contribute to a stakeholder consultation. Will this be written, or a roundtable? Or is the roundtable reserved strictly for industry?
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Pascoe Sabido @pascoesabido.bsky.social · 09/09/2026
Definitely not... will post it...
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Pascoe Sabido @pascoesabido.bsky.social · 09/09/2026
🏅 A new EU 🇪🇺 record? 🏅 Going back through my summer emails I came across this reply to a letter we sent to EU Climate Commissioner Ribera in NOVEMBER 2025. The reply was JULY 2026, exactly 9 months later. The oil and gas industry gets the red carpet rolled out, civil society waits 9 months.
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Corporate Europe Observatory (CEO) @corporateeurope.org · 08/09/2026
2/2 The Sámi are in fact our last line of defence against mining industry attempts to scrap water, land and air regulations. The EU's pro-mining/anti-regulation agenda comes from LKAB, the same Swedish company behind the rare earth metal mine. Read more: corporateeurope.org/en/2026/05/p...
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Corporate Europe Observatory (CEO) @corporateeurope.org · 08/09/2026
1/2 Elections are taking place next week in Sweden, and the ruling right wing parties are trying to win support by turning people against Sámi communities in favour of rare earth metals mining - despite the Sámi being protected by numerous UN + EU charters. www.theguardian.com/world/ng-int...
theguardian.com
Reindeer and rare-earth minerals: Swedish politicians take aim at Indigenous Sami in mining dispute
Gabna community fear their traditional herding routes will be sacrificed as far-right rhetoric ramps up against them
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Corporate Europe Observatory (CEO) @corporateeurope.org · 02/09/2026
1/2 What do you get when you cross the oil + gas lobby with the EU's Climate Commissioner? ...An "Implementation dialogue on carbon capture + storage"! 🥁 Nope, not at all funny, just the latest case of corporate capture by dirty industry. #FossilFreePolitics fossilfreepolitics.org/news/impleme...
fossilfreepolitics.org
Implementation dialogue on carbon capture, the latest in a textbook case of fossil fuel influence - Fossil Free Politics
Business-dominated implementation dialogues have become a staple of the second von der Leyen Commission’s deregulation wave. A major danger of these “targeted” consultations is that the proposals that...
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CAAD_Coalition @caadcoalition.bsky.social · 02/09/2026
New from @corporateeurope.org: A deadly alliance of Big Tech and Big Oil. Behind the AI boom, tech firms are teaming up with oil giants to greenwash fossil-fuelled data centres, strengthening the power of two industries driving climate breakdown. buff.ly/avfXvWw
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Pascoe Sabido @pascoesabido.bsky.social · 02/09/2026
Hearing lots of talk about #overshoot, thanks to UNEP's new report. But academics @konstantinweber.bsky.social et al point out that "overly rosy communication" downplays the risks of overshooting 1.5c, while lowering temperatures again is not very realistic. iopscience.iop.org/article/10.1...
iopscience.iop.org
Anchoring overshoot in reality
Anchoring overshoot in reality, Weber, Konstantin, von Rothkirch, Juanita, Brunner, Cyril, Knutti, Reto
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Pascoe Sabido @pascoesabido.bsky.social · 02/09/2026
Israel's stranglehold over Gaza means their electricity system is shutting down - for a second time. The improvised system of generators replaced the electricity networks already destroyed by Israel. Amazing people-centred reporting by @dropsitenews.com www.dropsitenews.com/p/gaza-engin...
dropsitenews.com
Israel’s Restrictions on Engine Oil Threaten Gaza’s Ability to Generate Electricity
As Israel continues to restrict the entry of engine oil and spare parts, Gaza’s strained network of generators, now its main source of electricity, is collapsing.
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Corporate Europe Observatory (CEO) @corporateeurope.org · 01/09/2026
Heard about new fossil gas plants being built to power AI data centres? Maybe some PR about their emissions being captured & stored? Tip: Don't fall for empty promises from companies that produce+sell gas, that a technology they’ve been failing to deliver for decades, will soon make gas “clean” ⬇️
Image of an origami paper tiger, accompanied by text that says: "Carbon capture is a paper tiger. New fossil fuel infrastructure for data centres is not going to be 'decarbonised' by a costly, risky, and failed technology. Even its proponents won't pay for it... and will sue if they're actually required to build it. New gas just means new emissions."
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#CarbonReckoning (Andrew Boswell) @drandrewboswell.bsky.social · 01/09/2026
🧵 1/13 🔦 What the Government won't tell you on climate. 🔒 It buried its own intelligence report on ecological breakdown 👉 bsky.app/profile/geor... 📈 Now it won't tell us how it sets carbon budgets that let emissions roll on ⚖️ So we are taking it to Court 👉 www.crowdjustice.com/case/carbon-...
crowdjustice.com
Carbon Reckoning: Holding the Government to Its Own Climate Law
Carbon Reckoning are a science based group, committed to the strongest possible action to require the UK sets climate policy commensurate with the scale of the crisis we face.
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Pascoe Sabido @pascoesabido.bsky.social · 05/08/2026
Why is @theconversation.com publishing openly pro-CCS pieces, written by an academic funded by -and with shares in- the CCS industry? Very disappointing. theconversation.com/confused-abo... @oilchange.org @ciel.org @corporateeurope.org @realzeroeurope.bsky.social @drandrewboswell.bsky.social
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Pascoe Sabido @pascoesabido.bsky.social · 02/08/2026
US oil & gas major Chevron posts its highest ever quarterly results. Pretty clear who's winning from the illegal war on Iran, while most of us lose out with high energy and food bills. fortune.com/2026/07/31/c...
fortune.com
Chevron posts largest quarterly profit ever, Exxon income surges as Iran war squeezes oil supply | Fortune
The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.
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#CarbonReckoning (Andrew Boswell) @drandrewboswell.bsky.social · 09/07/2026
Thanks for this really insightful article George CCS is a fossil fuel stitch-up - now with data centres. More data centres ⏩ more gas+CCS ⏩ more LNG ⏩ more methane ⏩ more heat🔥 Burnham has a chance to stop this spiralling - data centre moratorium, move CCS funding to green economy, no Rosebank
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Pascoe Sabido @pascoesabido.bsky.social · 23/06/2026
UN Sec Gen Guterres calls out massive land, water and energy use of AI data centres, launching his "AI Environmental Transparency Initiative". That's the opposite approach to the EU, which copy-pasted Microsoft's demands against environmental transparency. www.un.org/sg/en/conten...
un.org
Secretary-General's special address at London Climate Action Week [as delivered]
Dear friends, All protocols observed.Thank you for your warm welcome – and Michael Bloomberg, thank you for your kind words – and for your longstanding and outstanding leadership on climate action. Yo...
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Pascoe Sabido @pascoesabido.bsky.social · 23/06/2026
Siemens directly benefits from the AI boom in another way: it provides gas turbines needed to generate electricity for new data centres. Despite claims they'll be powered by renewables, they won't. Look at industry proposals. Appointing Siemens' chairman as the EU's AI envoy means climate chaos!
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Pascoe Sabido @pascoesabido.bsky.social · 14/06/2026
Workers in the defence industries are not in favour of militarisation, says the Secretary General of the Metal Workers trade union in Belgium. Money spent on war means money not spent on welfare. A core message from the @stoprearm.bsky.social Assembly in Brussels. We're discussing how to fight back.
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Pascoe Sabido @pascoesabido.bsky.social · 11/06/2026
Wow, Investor to State Dispute Settlement (#ISDS - those evil corporate courts) is making itself known at the world cup! www.ft.com/content/df9e...
ft.com
Spain’s assets in US targeted by international investors during World Cup
Blasket Renewable Investments secures rights to pursue funds over dispute linked to ending of renewable energy subsidies
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Corporate Europe Observatory (CEO) @corporateeurope.org · 11/06/2026
Energy is at number 3 spot in 🇪🇺 corporate lobby league (of those spending €1 million+) with €52 million 💶 Hydrogen Europe posted huge lobby spend increase of €2.25 million in 2026; 1186% increase since 2020 💥 Big Energy using Iran war & #deregulation to cash in corporateeurope.org/en/2026/06/e...
Infographic from The EU's 2026 Corporate Lobby League — Energy sector. Top three corporate lobby spenders: 1. Shell, declared spend €4.5 million, 0% since 2020, 170 high-level meetings. 2. FuelsEurope, declared spend €4.5 million, +100% since 2020, 90 high-level meetings. 3. Hydrogen Europe, declared spend €4.5 million, +1185.7% since 2020 (highest rise), 105 high-level meetings. Context notes: Commission's Clean Industrial Deal shaped by Europe's biggest climate polluters; sector demanding support for dirty hydrogen and carbon capture; pushing to deregulate permitting rules and weaken methane emissions rules. Data correct as of 11 May 2026. Logos of Corporate Europe Observatory and Lobby Control appear at the bottom.
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Corporate Europe Observatory (CEO) @corporateeurope.org · 11/06/2026
Welcome to EU Corporate Lobby League 2026 where big money = big influence Today we will reveal: 🏭 Biggest corporate lobby sectors ✂️ Their lobby agenda to cut our protections 💪 What we can do about it By Corporate Europe Observatory & @lobbycontrol.bsky.social corporateeurope.org/en/2026/06/e...
Cover graphic for The EU's 2026 Corporate Lobby League. A large illustrated trophy emitting smoke and euro symbols stands on a platform flanked by oil barrels and a drilling rig. To the right, the top five ranked sectors are listed: 1. Big Tech, 2. Banking & Finance, 3. Energy, 4. Chemicals & Agri-Business, 5. Cross-Sector, each with a corresponding icon. Logos of Corporate Europe Observatory and Lobby Control appear at the bottom.
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Ariel Brunner @arielbrunner.bsky.social · 28/05/2026
EC now proposes to postpone to 2029 fines to oil & gas companies breaching methane emission rules. So, while those industries rake massive profits on the back of war, and Europe swelters under yet another unprecedented fossil fuel driven heat wave, we're giving money gifts to the worst polluters.
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Corporate Europe Observatory (CEO) @corporateeurope.org · 28/05/2026
1/4 A new report from @foeireland.bsky.social shows how data centre growth is deepening the cost of living crisis. Households in Ireland paid ~€715m more in electricity bills between 2015-2023 due to the rapid expansion of data centres in the country. www.friendsoftheearth.ie/news/the-cos...
friendsoftheearth.ie
The cost of data centre growth in Ireland: Households paid an estimated €715 million more in electricity bills
Ireland’s current approach to data centres is increasingly a cost-of-living issue
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Pascoe Sabido @pascoesabido.bsky.social · 14/05/2026
The plan was for EU leaders to be in Cyprus discussing how to speed up the roll-out of renewables... But a large chunk of time was spent discussing how to ramp up domestic oil and gas production in Europe. The energy transition "can wait" was the view of some. www.euractiv.com/news/calls-t...
euractiv.com
Calls to exploit vast Mediterranean gas reserves at Cyprus energy crisis summit | Euractiv
Cyprus, Greece and Romania suggest Europe's energy transition can wait
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Pascoe Sabido @pascoesabido.bsky.social · 14/05/2026
EU leaders met in Cyprus yesterday to discuss measures to deal with the ongoing energy price crisis put forward by the European Commission... But windfall taxes on oil and gas super profits were not included. Is the Commission too close to the oil and gas lobby? www.euractiv.com/news/big-oil...
euractiv.com
Big Oil gets free ride as EU advises governments on tackling energy price shock | Euractiv
No mention of windfall tax in 'catalogue' of best practices drawn from around Europe
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