GreenBiz
MARCH 26, 2021
Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.
DeSmogBlog
DECEMBER 5, 2023
According to Saudi Aramco’s podcast, the fossil fuel industry is innovating new climate solutions, and BP’s podcast proclaims more of the same. A 2016 Georgetown University study found that advertorials — also known as native advertising — are mistaken for “real” content by about two thirds of people.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
DeSmogBlog
APRIL 12, 2023
While the window for avoiding the most catastrophic consequences of climate change narrows, the global banking sector continues to funnel huge sums each year into fossil fuels, finds a new report. Last year alone, the 60 largest banks financed fossil fuels to the tune of $673 billion. trillion on fossil fuels.
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.
DeSmogBlog
JULY 27, 2023
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.
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.
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
Expert insights. Personalized for you.
420 
Let's personalize your content