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Italian Oil Giant Eni Knew About Climate Change More Than 50 Years Ago, Report Reveals

DeSmogBlog

Italian oil major Eni knew of the climate impacts of fossil fuel extraction since 1970, according to a report by Greenpeace Italy and advocacy group ReCommon shared with DeSmog.

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Why California is Taking Big Oil to Court — and Why it Matters

DeSmogBlog

The pair of California leaders were there to discuss the lawsuit the state had recently filed against Big Oil on behalf of the people of California to hold fossil fuel companies accountable for the effects of climate change. But California is the first fossil-fuel-producing state to do so. History in the making….

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In Their Own Words: The Dirty Dozen Documents of Big Oil’s Secret Climate Knowledge

DeSmogBlog

s investigative journalism arm, and the British Channel 4 News this summer exposing how the oil giant and lobby groups such as the American Petroleum Institute seed doubt about climate change and undermine legislation to stop global warming. This conversation has been edited and condensed for clarity. Document 1: 1959.

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Italy’s Eni Faces Lawsuit Alleging Early Knowledge Of Climate Change

DeSmogBlog

But the groups have unearthed a 1970 report by Eni’s Isvet research centre that warned of the “catastrophic” risk the build-up of carbon dioxide (CO2) caused by burning fossil fuels could pose to the climate. Methane is the clean energy of the future,” ran a 1986 promotion in Eni’s company magazine Ecos.

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Exxon’s models predicting climate change were spot on — 40 years ago

Grist

Rising emissions posed a threat to Exxon’s business — selling fossil fuels — so the oil giant took the lead on understanding what was called the “CO2 problem.”. At the time, Exxon was pouring $900,000 a year into researching the effects of burning fossil fuels. Grist / Jessie Blaeser.

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5 Major US Utilities That Haven’t Promised to Fully Decarbonize

GreenTechMedia

Some have promised to lower emissions intensity, which allows them to keep burning fossil fuels as long as they also build zero-emission plants. But the roster includes some of the biggest names in renewables development, showing that it’s possible to invest big in renewables while hoping to burn fossil fuels for decades to come.

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Venture Fund Set to ‘Take Control’ of Telegraph Has Fossil Fuel Investments

DeSmogBlog

Conservative MPs have voiced concerns over the potential purchase and the danger of foreign influence, asking the UK government to use national security laws to investigate the agreement. DeSmog revealed in October that Marshall’s hedge fund has $2 billion in fossil fuel investments. All of these companies are based in the U.S.,