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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

Paul Marshall is the chairman and chief investment officer of Marshall Wace, a London-based hedge fund that he co-founded in 1997. Marshall Wace is now one of the world’s largest hedge funds – an investment vehicle that bets on rising and falling share prices – with around $63 billion (£51.9 billion) in fossil fuel firms.

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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

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French Oil Company Total ‘Knew About Global Warming Impact in 1971’, Study Finds

DeSmogBlog

French oil giant Total knew that its fossil fuel extraction could contribute to global warming as early as 1971 but stayed silent about it until 1988, according to a new study. In 2018, 89 percent of global carbon dioxide emissions came from fossil fuels and industry. Fifty Years Ago’.

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Leading Think Tank Met With Minister Over North Sea Energy While Funded by Fossil Fuel Interests

DeSmogBlog

Policy Exchange, one of Westminster’s most prominent think tanks, engaged in a high-level influencing campaign over the UK’s North Sea oil and gas policies while being funded by fossil fuel interests, DeSmog can reveal. Policy Exchange received $30,000 from the oil and gas supermajor ExxonMobil in 2017.

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GB News Owner Hires Tory Kingpin’s Oil and Gas Linked Lobbying Firm 

DeSmogBlog

The UK register of lobbyists shows that since January, the influential CT Group has been representing the Legatum Institute , a think tank funded by the Dubai-based investment firm Legatum Group, which co-owns GB News. Crosby ran four Conservative Party election campaigns between 2005 and 2017, and was involved in the 2019 campaign.

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The world’s electrical utilities still progressing too slowly towards a renewable energy transition

Envirotec Magazine

As policymakers and leaders around the world prepare for pivotal climate discussions at COP28, the sector must seize the momentum to create more renewable energy, enabling other sectors to decarbonise, and shifting demand away from fossil fuels. Vicky Sins, Decarbonisation and Energy Transformation Lead, said: “We cannot keep 1.5

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Fossil Fuels are Increasing Emissions and Driving Climate Change

Green Market Oracle

The world still gets about 80% of its energy from fossil fuels today which generate the lions share of emissions. According to the EIA , in 2017, carbon dioxide (CO2) emissions from burning fossil fuels for energy were equal to about 76% of total U.S. We continue to burn fossil fuels at a prodigious rate.