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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. In 2008, Exxon made a record $40.6 Hunter Lovins. Thu, 08/13/2020 - 00:15.

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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

billion) in fossil fuel firms. This includes companies that specialise in extracting, refining, transporting and distributing fossil fuels. million) shareholding in the oil and gas supermajor Chevron, as well as stakes in Shell, Equinor, and 109 other fossil fuel companies. billion (£1.8

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'Out-of-control financial collapse': Fossil fuel market crash could cost UK £674bn

Business Green

Campaign group One for One warn fossil fuels should be viewed as the highest risk class of assets and urges government to tighten financial regulations to avert risk of a financial crash. The One for One rule will ensure that banks making high-risk fossil fuel investments shoulder that risk themselves," she added. "It

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Fossil Fuel Industry Given Billions in EU Hydrogen Support, Report Finds

DeSmogBlog

Over €8 billion is being invested in hydrogen and “renewable gas” projects in southern Europe using EU Covid-19 recovery funds, thanks to extensive lobbying by the fossil fuel industry, a new report has found. . The over-emphasis on hydrogen as a result of lobbying could lock Europe into decades more of fossil fuels.

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Uruguay’s green power revolution: rapid shift to wind shows the world how it’s done

The Guardian: Energy

Stung by the 2008 oil price spike, Uruguay now produces up to 98% of its electricity from renewables. It was the 2000s, and fossil fuel prices were rising worldwide. Can other countries follow suit? Uruguay imports its oil, so it had a problem. Demand for energy in the country had grown by 8.4%

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The killer question is: can we really afford fossil fuels?

Terra Infirma

This in turn led to the 2008 financial crash when the cost of living (determined by the cost of oil/gas) surge burst the sub-prime mortgage bubble and brought the banking sector to its knees. And is it not simply digging us deeper into the fossil fuel-shaped hole, making us even more vulnerable to the next crisis? Image: [link].