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BP and Shell ‘Shaped’ UK Carbon Tax Proposals, Private Emails Show

DeSmogBlog

Fossil fuel giants BP and Shell were given “ample opportunity” to privately influence proposals for taxing oil and gas companies that were later backed by the government, new documents reveal. The think tank was commissioned to produce a report on carbon pricing by the Climate Leadership Council (CLC), a controversial U.S.

Carbon 145
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Public Pension Funds Have Lost Billions on Their Fossil Fuel Investments: New Analysis

DeSmogBlog

public pension funds would have been about 13 percent higher had they divested from fossil fuel holdings ten years ago – equivalent to around $21 million in earnings. without the fossil fuel holdings. The analysis found that while the total actual value of the six funds was $402.8

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Confidence is evaporating: How fossil fuel share offerings plummet $123bn since 2012

Business Green

Finds raised through stock market flotations for companies involved in fossil fuels have dwindles, while clean energy IPOs begin to surge, analysis suggests. Investors have woken up to the fact that fossil fuel companies are no longer the growth stories they once were," he said.

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Fossil Fuel Friendly Daily Mail Firm Handed £500k Government Contract to Run UK COP28 Events

DeSmogBlog

It appears that dmg events has worked on ADIPEC since at least 2012. Adnoc intends to increase its oil production by more than any other fossil fuel firm in the world, according to data from the Global Oil and Gas Exit List (Gogel). Al Jaber has denies these claims.

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Are we finally in the death-throes of the fossil fuel era?

Renewable Energy World

Global efforts to curb the use of fossil fuels are being made by all of the world’s leading nations, but occasionally, despite the genuine momentum, it can still feel like everything is moving a bit too slowly. Saliently, this is a lot less than is currently used by the fossil fuel industry. The fossil fuel era is over”.

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The Pacific Northwest Has Defeated Dozens of Fossil Fuel Projects — But the Industry Still Wants to Quietly Expand

DeSmogBlog

New large-scale fossil fuel projects have become mostly unworkable in the Pacific Northwest, with dozens canceled over the past decade due to fierce opposition from local communities. If all had gone forward, the Pacific Northwest would have added more than 2 billion metric tons of carbon dioxide annually.

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The Rise and Fall of the Fossil Fuel Industry

Rinexii

2021 has shaped up to be rather a surprising year for the fossil fuel industry. After the sudden quarantine of vast swaths of the world through 2020, the shuttering of businesses, and the general loss of revenue, large fossil fuel giants are getting hammered from citizens, government, and even their own investors.