article thumbnail

French NGOs Sue BNP Paribas, Europe’s Largest Financier of Fossil Fuel Expansion

DeSmogBlog

French environmental organizations Notre Affaire à Tous, Friends of the Earth France, and Oxfam France last week filed what they say is the world’s first climate lawsuit against a commercial bank, suing BNP Paribas over its continued funding of fossil fuels. They also say that the financial sector more broadly is on notice.

article thumbnail

Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral

DeSmogBlog

DeSmog analysed examples of more than 100 influencers being paid to promote fossil fuel firms worldwide since 2017, from the US to Malaysia, in campaigns that have reached billions of people. While there’s more knowledge in general around climate change and the harms of fossil fuels, I think that people have a lot of trust in creators.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

As California Considers Dropping Fossil Fuels from Major Pension Funds, New Report Calls Out ‘Misinformation’ on Costs

DeSmogBlog

A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers. The two pension funds have estimated holdings of $7.4 billion and $4.1

article thumbnail

Banks Due At UK’s ‘Green’ Investment Summit ‘Financed £700 Billion in Fossil Fuels Since Paris Agreement’

DeSmogBlog

Bank bosses due to attend a green investment summit tomorrow head institutions which have provided over £700 billion of financing for the fossil fuel industry since the 2015 Paris Agreement, including £129 billion in 2020 alone. . billion in coal, oil and gas between 2016-2020. Concrete Commitments Needed’. billion in 2020.

article thumbnail

Canada Steps Up Surveillance of Indigenous Peoples To Push Fossil Fuel Pipelines Forward

DeSmogBlog

It was the third time the international body reproached the Canadian federal and provincial governments for their treatment of Indigenous communities in relation to the construction of the two fossil fuel projects. In short, the clans that oppose Coastal GasLink say that both Indigenous and Canadian law are on their side.

article thumbnail

Vast Majority of Global CO2 Emissions Tied to Just 57 Entities

DeSmogBlog

Since the Paris Agreement was signed in 2015, a small number of fossil fuel entities — just 57 corporate and state producers — have been responsible for 80 percent of planet-warming carbon dioxide (CO2) emissions. Chinese coal alone accounts for 25 percent of global fossil fuel CO2 emissions. million barrels of oil.

article thumbnail

Amazon Clicks Buy on 615 Megawatts of Large-Scale Solar

GreenTechMedia

but a state law passed last year that requires 100 percent clean energy by 2045 should further boost that trend by encouraging development there. since 2016, when it was the largest annual purchaser, according to the Renewable Energy Buyers Alliance. In 2016, companies acquired 1.54 The largest additions will come in the U.S.,