DeSmogBlog

NOVEMBER 11, 2022

From the world’s biggest soccer championship to soccer training for kids , from major universities to music festivals and art galleries to — if you can name it, fossil fuel companies have probably sponsored it. TotalEnergies will sponsor the 2023 Rugby World Cup in France.

Fossil fuels 88

Fossil fuels Education Organic South America 88

DeSmogBlog

FEBRUARY 28, 2023

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.

Fossil fuels 84

Fossil fuels Law Organic Pollution 84

DeSmogBlog

MAY 8, 2024

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. Policy Exchange acknowledged at the time that the report was financially supported by the CLC, which claimed to be a “strategic partner”.

Carbon 144

Carbon Fossil fuels Policy Law 144

DeSmogBlog

SEPTEMBER 25, 2023

Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry. The data showed us that their carbon capture plans are not working at scale.” Based upon Val Verde, since the 1970s, U.S.

Fossil fuels 145

Fossil fuels Carbon Building Energy Monitoring Business Energy Monitoring 145

DeSmogBlog

JUNE 16, 2023

Montana “has recognized climate change as a growing concern for decades ,” Anne Hedges, director of policy and legislative affairs at the Montana Environmental Information Center, testified to a Montana court on Thursday. Despite this, the state has never denied a permit for any fossil fuel-related project, she said.

Fossil fuels 91

Fossil fuels Climate change Health Energy 91

DeSmogBlog

MAY 24, 2022

HSBC has been accused of double standards after suspending an executive who said investors “need not worry” about climate change, while continuing to plough billions of pounds into fossil fuels. HSBC has financed £103 billion in fossil fuels since the Paris Agreement was ratified in 2016, including £43.8

Fossil fuels 92

Fossil fuels Climate change Carbon Investment 92

DeSmogBlog

OCTOBER 18, 2021

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.

Fossil fuels 98

Fossil fuels Investment Pollution Global warming 98

GreenBiz

NOVEMBER 4, 2019

Data shows the green economy grew by over $60 billion per year between 2013 and 2016.

Fossil fuels 232

Fossil fuels Politics Policy Energy 232

DeSmogBlog

OCTOBER 7, 2022

In 2016, she helped defeat Arch Coal’s plans to build a massive strip mining operation on the reservation’s border. Two Bulls is just one of many victims of the fossil fuel industry’s use of SLAPPs — strategic lawsuits against public participation — to silence and intimidate its critics.

Fossil fuels 98

Fossil fuels Law Organic Climate change 98

DeSmogBlog

FEBRUARY 23, 2024

Parties such as Reform UK have exploited mixed messaging over climate policy, which the UN authority on climate science, Intergovernmental Panel on Climate Change, says is essential to secure “to secure a liveable and sustainable future for all”. The party is hostile to climate policies.

Policy 120

Policy Fossil fuels Climate change Politics 120

Business Green

MARCH 24, 2021

Fossil fuel financing declined by nine per cent in 2020 amid the economic downturn, but campaigners warn overall trend is 'one heading definitively in the wrong direction'. Despite this significant drop from 2019 to 2020, the overall trend of the last five years is one heading definitively in the wrong direction," the report states.

Fossil fuels 91

Fossil fuels Policy Climate change Investment 91

DeSmogBlog

JULY 7, 2022

Just 13 financial players out of hundreds assessed from around the world have restrictions in place against funding oil and gas industry expansion, according to the Oil and Gas Policy Tracker. New funding for fossil fuels is delusional,” Guterres said on June 14. New funding for fossil fuels is delusional.

Policy 96

Policy Fossil fuels Carbon-neutral Global warming 96

DeSmogBlog

AUGUST 25, 2021

Central banks are continuing to help channel trillions of dollars into fossil fuels through policy decisions and direct financing, with overall sums rising in recent years, a new report has found. The report calls on governments to update the mandates of the banks to support the managed decline of fossil fuels.

Fossil fuels 98

Fossil fuels Climate change Policy Carbon 98

DeSmogBlog

JULY 22, 2021

Former UK Energy Minister and original COP26 President Claire O’Neill has been cleared to take up a role at a business consultancy known for running “astroturf” campaigns for fossil fuel companies, despite warnings from the body that approves such appointments. Oil and Gas Industry Groups.

Fossil fuels 98

Fossil fuels Business Energy Monitoring Energy Monitor Building Energy Monitoring 98

DeSmogBlog

OCTOBER 27, 2021

Several of the GOP House members, however, have a long track record of climate denial as well as of accepting large donations from the fossil fuel industry. McKinley (R-WV) who in 2016 — just a year after the Paris Agreement was negotiated at COP21 to limit global warming to 2°C (3.6°F) This includes David B. In 2009, Sen.

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Fossil fuels Climate change COP Policy 97

DeSmogBlog

MAY 13, 2022

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

Fossil fuels 95

Fossil fuels Investment Climate change Law 95

Business Green

MARCH 16, 2022

Leading shareholders claim successful engagement with bank has secured new commitments to phase down fossil fuel financing and tighten lending policies. However, following engagement between the bank and investors HSBC has today agreed to phase down financing of fossil fuels in line with limiting global temperature rise to 1.5C

Policy 78

Policy Fossil fuels Climate change Packaging 78

Business Green

APRIL 18, 2021

Institutional Investors Group on Climate Change calls on banks to back their net zero pledges with moves to halt support for fossil fuels and activities that drive deforestation. With fossil fuel financing increasing since 2016, the time to act is now," she said. Net zero commitments must drive real change.".

Fossil fuels 89

Fossil fuels Carbon-negative Climate change Investment 89

Mr. Sustainability

OCTOBER 22, 2020

The time is therefore now to plan an orderly wind-down of fossil fuel assets and manage the impact on the global economy rather than try to sustain the unsustainable. The worst year for oil ever Oil fueled the 20th century. Many of us now believe it is not a matter of if, but when we will transition away from fossil fuels.

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Fossil fuels Carbon-neutral Carbon-negative Demand 78

Green Market Oracle

FEBRUARY 3, 2020

“I’m done with fossil fuels. We’re starting to see divestment all over the world.” - CNBC’s Jim Cramer The fact that investors, insurance companies and banks are abandoning the fossil fuel industry is a clear sign that coal, oil and gas are in the final stage of their energy dominance. I’m done with fossil fuels.

Fossil fuels 86

Fossil fuels Energy Energy Investment 86

DeSmogBlog

APRIL 7, 2022

A prominent pro-fossil fuel author, who has argued for the “moral case” for fossil fuels, has a track record of disparaging writings about what he views as “inferior” cultures. He has testified before Congress on invitation from Republican lawmakers, who praise and parrot his arguments in favor of more fossil fuels.

Fossil fuels 80

Fossil fuels Education Energy Energy 80

DeSmogBlog

FEBRUARY 23, 2022

Jordan Cove LNG was a colossal fossil fuel project that would have been the state’s largest single source of greenhouse gas emissions if it had been built. Hoyle lost that 2016 primary, but in 2018 ran for Commissioner of the Oregon Bureau of Labor and Industries. Support for Jordan Cove. I will say that in this room.

Fossil fuels 84

Fossil fuels Carbon-neutral Politics Natural gas 84

Business Green

NOVEMBER 22, 2022

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion. Furthermore, 77 per cent of customers said that they had no idea that their banks were financing fossil fuel expansion.

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Fossil fuels Investment Global warming Carbon 39

DeSmogBlog

MAY 21, 2024

The documents , published by Congressional investigators, included a presentation dated April 2, 2018, that laid out an ExxonMobil scenario for what the global energy mix could look like in 2050 if countries enacted aggressive climate policies after 2024. Credit: U.S. Senate Committee on the Budget An internal document released by the U.S.

Climate change 133

Climate change Carbon Fossil fuels Technology 133

Business Green

OCTOBER 24, 2022

The world should not develop any new sources of fossil fuels if it is stand a chance of limiting global warming to 1.5C that allow for new sources of fossil fuels to be exploited. But while the IEA report found that new sources of oil and gas were incompatible with its own assessment of the pathway needed for a 1.5C

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Fossil fuels Europe Government Global warming 64

DeSmogBlog

MAY 29, 2021

Combined, the six CEOs lead organizations that have poured over $1 trillion in financing into the fossil fuel industry since the Paris Agreement was signed in 2015, based on the numbers tallied in a 2021 report from Rainforest Action Network and other environmental advocates.

Fossil fuels 98

Fossil fuels Climate change Natural gas Pollution 98

Business Green

MARCH 17, 2020

Major study backed by 250 NGOs and environmental organisations claims financing for fossil fuels has risen every year since the Paris Agreement was signed. This makes it crystal clear that banks are failing miserably when it comes to responding to the urgency of the climate crisis.

Fossil fuels 86

Fossil fuels Climate change Carbon Europe 86

Green Market Oracle

MARCH 2, 2020

Ending fossil fuels is a mathematical imperative if we are to have a chance of keeping temperatures from rising above the upper threshold limit of 1.5 - 2.0 Fossil fuels are approaching the end of their life cycle while renewables are becoming increasingly attractive due to the declining cost of solar and storage.

Fossil fuels 40

Fossil fuels Energy Energy Climate change 40

DeSmogBlog

OCTOBER 21, 2021

From 2016 to 2019, the plant pumped an average of over 22 million pounds of sulfur dioxide, which can cause lung disease, coughing, and eye irritation, into the air each year. Very few fossil fuel plants continue to operate in Texas without scrubbers, said Cox. ” The ‘Other’ Koch Brother. No, that’s the smell of death.”.

Fossil fuels 98

Fossil fuels Energy Monitor Building Energy Monitoring Home Energy Monitoring 98

DeSmogBlog

FEBRUARY 15, 2024

The Climate Change Committee, the independent body that advises the government on its net zero policies, warned on 30 January that mixed messages, including new fossil fuel projects, have damaged the UK’s international climate standing. million in donations from fossil fuel interests and climate science deniers in 2022.

Global warming 144

Global warming Climate change Fossil fuels Policy 144

DeSmogBlog

OCTOBER 19, 2023

Almost 100 universities that have pledged to shed ties to the fossil fuel industry still bank with financial institutions that have collectively provided $419 billion (£345 billion) to polluting interests between 2016 and 2022. million in funding from fossil fuel companies since 2022.

Fossil fuels 102

Fossil fuels Education Global warming Pollution 102

Green Market Oracle

JANUARY 27, 2020

The main reason that lawmakers fail to advance policies that are in the national interest is because they are in the pocket of the fossil fuel industry. The fossil fuel industry controls academia , politicians and political outcomes. million worth of stock in fossil fuel companies and mutual funds.

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Fossil fuels Politics Investment Law 52

Eco-Business

APRIL 17, 2023

The amount of capital top banks provided to fossil fuel companies has dropped for the first time since 2016. But this is because of record fossil fuel projects not effective green finance policies, a new study finds.

Fossil fuels 19

Fossil fuels Policy 19

Business Green

APRIL 18, 2021

Institutional Investors Group on Climate Change calls on banks to back their net zero pledges with moves to halt support for fossil fuels and activities that drive deforestation. With fossil fuel financing increasing since 2016, the time to act is now," she said. Net zero commitments must drive real change.".

Fossil fuels 47

Fossil fuels Carbon-negative Climate change Investment 47

DeSmogBlog

MAY 5, 2021

Barclays shareholders have rejected calls to accelerate a phase-out of fossil fuel financing, but a quarter remain unconvinced by the bank’s current approach to tackling climate change. Barclays should now put its money where its mouth is and publish a sector-leading fossil fuel policy ahead of COP26.”.

Fossil fuels 97

Fossil fuels Climate change Policy Pollution 97

AGreenLiving

MARCH 25, 2021

Despite climate-conscious PR, they are still putting their money toward financing fossil fuel projects, according to the new Banking on Climate Chaos report. Many of those banks are making 2050 commitments to align with the Paris Agreement when they need to act now on fossil fuels. The bank directed $51.3

Fossil fuels 28

Fossil fuels Climate change Natural gas Policy 28

DeSmogBlog

JANUARY 26, 2024

Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossil fuel firms and their activities. ING’s climate policy is miles away from what is necessary to achieve the 1.5°C

Fossil fuels 112

Fossil fuels Pollution Climate change Carbon-neutral 112