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WPP Has More Fossil Fuel Clients Than Any Other Advertising Company, Report Finds 

DeSmogBlog

Global advertising and public relations company WPP has more contracts with fossil fuel clients than any of its rivals, despite the group’s pledge to reach net zero emissions by 2030, according to a report by campaign group Clean Creatives. Omnicom followed with 39 contracts; Interpublic Group had 25; and Publicis Groupe had 11. “The

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Tory Lord’s Firm Awarded New North Sea Oil and Gas Licences

DeSmogBlog

He currently serves as a director of the Conservative Party Foundation – the party’s multi-million pound endowment fund, created under his watch in 2009 to manage “legacy funds to support the long-term finance” of the party. New licences were also awarded this week to fossil fuel giants Shell and Equinor.

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WoodMac: Emerging Solar Markets to Come of Age in 2020s

GreenTechMedia

These include the risk of weak offtaker finances leading to power purchase agreement renegotiations (as in South Africa and India) and rock-bottom auction prices (mostly in Gulf Cooperation Council countries) setting unrealistically low price expectations from governments in more challenging markets. Reflecting on the 2010s.

COP 130
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Shell Persists with Effort to Explore for Oil Off South Africa’s Wild Coast

DeSmogBlog

On the southern coast of Africa, local community groups and environmental activists have been celebrating a significant legal victory over a major oil player. In 2009 the company paid out $15.5 Then, in 2021, the license was acquired by Shell in partnership with Impact Africa. By Joe Walsh, Earth Island Journal.

Africa 75
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The Life and Death of a Pioneering Environmental Justice Lawyer

DeSmogBlog

Working closely with the community, Cole represented the residents in lawsuits fighting against major mining and fossil fuel companies, including the groundbreaking case Kivalina v. Cole’s journey was tragically cut short in 2009 before he could see the full impact of his life’s work unfold. Credit: Suzanne Tennant.

Law 99
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COP26: Row ignites over loss and damage as latest draft texts released

Business Green

Meanwhile, experts fear a major row could yet erupt over the references to "accelerating efforts towards the phase-out of unabated coal power and inefficient fossil fuel subsidies, recognising the need for support towards a just transition".

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Alok Sharma to call on IMF and World Bank to ramp up climate finance

Business Green

At COP26 an $8.5bn agreement just transition deal was brokered between South Africa and a host of industrialised economy governments. Richer nations have collectively failed to meet their promise - chalked up in 2009 - to mobilise $100bn a year in support of poorer countries.

COP 45