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Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

. | Photo by Jan Woitas/picture alliance via Getty Images The European Union saw a record drop in pollution from fossil fuel power plants last year, according to a new report. Fossil fuels dropped to their lowest point since reliable record-keeping started in 1990, making up less than a third of EU’s electricity generation in 2023.

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Revealed: Three-quarters of Prestigious Green Advertising Awards Go To Agencies Working for Fossil Fuel Industry

DeSmogBlog

Three-quarters of prizes at the UK’s top sustainable advertising awards went to agencies who work for the fossil fuel industry, a DeSmog analysis has revealed. Both agencies are owned by the London-based global media group WPP. Credit: Sam Whitham.

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The Future(s) of Fossil Fuels

Mr. Sustainability

Fossil fuels, a vision of the future or something our children will see in history books? The energy markets, broadly taken to be fossil fuels and renewables, have seen significant changes over the past years. Though hard to predict, most outlooks expect energy demand to rise by about 30% by 2030.

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A fossil fuel demand peak is fast approaching, but will it come soon enough?

Business Green

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals. The oil industry has been particularly badly hit.

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'Fossil fuel free flying': RAF completes first flight with synthetic fuel

Business Green

An Ikarus C42 aircraft piloted by Group Captain Peter "Willy" Hackett completed a 20-minute flight on the morning of 2 November using Zero Petroleum's ZERO SynAvGas 100 per cent synthetic aviation gasoline, as part of a joint mission to defossilise the RAF's fuel intake ahead of its 2040 net zero target.

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BNEF: Fossil fuel car sales have likely peaked leaving EVs in pole position for recovery race

Business Green

In its latest forecast today, BNEF said fossil fuel car sales likely already peaked in 2017. Now, with the global pandemic leading a hige drop in demand, the report predicts sales for conventional cars are set to drop 23 per cent worldwide in 2020, with major implications for the global oil market. million barrels a day by 2040.

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HSBC pledges to cut off coal financing by 2040 following investor pressure

Business Green

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally.