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.

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Fossil fuels Law Organic Pollution 92

Business Green

AUGUST 23, 2022

Adverts promoting fossil fuel products and services have been banned in France, after a cornerstone of President Emmanuel Macron's green legislative agenda officially came into force yesterday. You will read everywhere that advertising for fossil fuels is now prohibited, but that's not true," the campaign group said in a statement.

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Fossil fuels Law Hydrogen Europe 101

DeSmogBlog

AUGUST 3, 2023

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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Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 97

DeSmogBlog

NOVEMBER 11, 2021

JPMorgan Chase is the world’s biggest financier of fossil fuels, according to environmental organisations. In 2020 the bank pledged to end fossil fuel loans for Arctic oil drilling and phase out loans for coal mining. Fossil Finance. JP Morgan declined to comment.

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Fossil fuels Demand Climate change Construction 98

Clean Energy Canada

OCTOBER 2, 2019

But the fossil fuel energy sector does not equal our entire energy sector. And while 50,000 jobs are likely to be lost in fossil fuels over the next decade, just over 160,000 will be created in clean energy—a net increase of 110,000 new energy jobs in Canada. Jobs in fossil fuels will decline by 0.5%

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Fossil fuels Energy Energy Government 105

Business Green

MARCH 30, 2021

Analysis of investments made by nine of the world's biggest development banks has found that they spent four times more on clean energy than fossil fuels in 2020. However, such positive signs of progress are marred by the banks' ongoing support for fossil fuel infrastructure.

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Fossil fuels Energy Energy Investment 74

GreenTechMedia

SEPTEMBER 27, 2019

At many of these facilities, fossil fuels, and especially natural gas, are the energy feedstock used for process heating applications. But what if the sun’s energy could take over the job much of the time and displace fossil fuels? primary energy demand, according to the Department of Energy. in Lemoore. in Lemoore.

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Fossil fuels Solar Energy Monitor Building Energy Monitoring Business Energy Monitoring 189

DeSmogBlog

NOVEMBER 4, 2022

Indigenous delegates said they had been amazed at the “wilful ignorance” they encountered when demanding global banks cease financing new fossil fuel projects on their ancestral lands in what is today North America. Lazcano is fighting TransCanada’s project to build the Tuxpan-Tula pipeline to import gas to central Mexico from Texas.

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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.

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Fossil fuels Business Energy Monitoring Energy Monitor Building Energy Monitoring 98

DeSmogBlog

MAY 21, 2021

The UK government gave over £150 million in tax breaks to fossil fuel companies in the space of three years, new research has found. A new paper out today reveals that tax credits for fossil fuel extractive companies to conduct research and development (R&D) increased by around £20 million year on year between 2014 and 2016.

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GreenBiz

OCTOBER 13, 2020

HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. They care as citizens, consumers and business owners.

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Fossil fuels Retail Climate change Investment 402

Mr. Sustainability

APRIL 30, 2018

Fossil fuels, a vision of the future or something our children will see in history books? The energy markets, broadly taken to be fossil fuels and renewables, have seen significant changes over the past years. The figure to the right highlights some of the major developments in the world, taken from IRENA 2017.

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Fossil fuels Demand Energy Energy 104

Green Market Oracle

MARCH 18, 2020

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.

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Fossil fuels Climate change Carbon Global warming 52

Clean Energy Canada

JUNE 14, 2022

Commercial rents in downtown Calgary are on the rise, and long-thought dead fossil-fuel export projects have zombified. Previous high oil and gas price cycles have driven consumers to purchase more efficient cars and better insulate their homes, while the business community found ways to use less fossil fuel. And the U.S.

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Fossil fuels Government Demand Natural gas 52

Envirotec Magazine

NOVEMBER 17, 2023

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. There are small indications of change.

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DeSmogBlog

SEPTEMBER 5, 2024

Fossil fuel representatives develop undergraduate courses. The authors came to that conclusion by conducting a first-ever review of dozens of existing academic and civil society investigations into fossil fuel infiltration of higher education, looking primarily at institutions in the U.S., UK, Canada, and Australia.

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Education Fossil fuels Natural gas Policy 141

DeSmogBlog

OCTOBER 31, 2024

Neom was launched in 2017 with a whirlwind of promises. The 26,500 square-kilometre “futuristic” giga project is the brainchild of Saudi Arabia, a fossil fuel state that has pitched Neom as a “revolution in civilisation”. Budgeted at $1.5

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Fossil fuels Hydrogen Carbon-neutral Investment 53

Business Green

OCTOBER 7, 2021

Governments and energy companies should look beyond carbon dioxide and ensure their climate plans include drastic action to reduce the methane emissions from fossil fuel operations, the International Energy Agency (IEA) has warned today. And the benefits in terms of avoided near-term warming are huge.

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Fossil fuels Methane Building Energy Monitoring Energy Monitor 63

DeSmogBlog

MAY 14, 2024

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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Fossil fuels Politics Global warming Policy 121

Business Green

MAY 19, 2020

In its latest forecast today, BNEF said fossil fuel car sales likely already peaked in 2017. We estimate that the world will need around 290 million charging points by 2040, including 12 million in public places, involving cumulative investment of $500bn," she said. million barrels a day by 2040.

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Fossil fuels Transportation Demand Electric vehicle 97

Mr. Sustainability

APRIL 30, 2018

Renewables are already ridiculously cheap, with the cheapest forms of solar energy already at less than half the price of fossil fuels. The energy markets, broadly taken to be fossil fuels and renewables, have seen significant changes over the past years. Source: IRENA, Rethinking Energy 2017.

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Fossil fuels Demand Energy Energy 60

GreenTechMedia

MARCH 1, 2021

The energy transition isn’t just sounding the death knell for fossil fuels. According to some experts, it has also revealed flaws in an idea that has bugged some academics for decades: As we move to less energy-dense fuels, could we end up without enough surplus for society? In other words, you would need to get 1.1

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DeSmogBlog

OCTOBER 28, 2024

In a footnote in its latest sustainability data , Equinor said a malfunction in equipment used to measure the amount of gas flowing through a pipeline at its Sleipner gas field in the North Sea had caused it to over-report the amount of carbon dioxide (CO2) stored from 2017 to 2021.

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Carbon Energy Monitor Building Energy Monitoring Natural gas 139

Business Green

NOVEMBER 25, 2020

Agencies facing fresh calls to cut their ties with laggard fossil fuel firms, leaving many in the advertising and PR sector with difficult decisions to make. And energy providers the world over are rushing to slash their reliance on fossil fuels as the clean energy transition gathers pace. It is a big business.

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Fossil fuels Carbon-negative Sustainability Politics 74

GreenTechMedia

NOVEMBER 8, 2019

Even in Indiana, whose electricity generation is dominated by coal, utility regulators rejected a proposed new gas plant , citing “the potential risk that customers could sometime in the future be saddled with an uneconomic investment” if the plant were built. This may seem like an abrupt change. It seemed like a safe bet.

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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. Fossil fuel companies will survive while there is demand for what they produce.

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Carbon Fossil fuels Policy Law 145

DeSmogBlog

SEPTEMBER 27, 2023

Investor-state dispute settlement” (ISDS) mechanisms allow companies to sue national governments if they believe regulation or unfair competition is impeding their investments. In 2017, a London arbitration tribunal ordered Nigeria to pay $6.6 Boyd is calling on states to reform or leave these treaties.

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Fossil fuels Climate change Law Investment 127

DeSmogBlog

AUGUST 22, 2024

The BBC has produced dozens of films and articles for oil and gas companies, agricultural giants, fossil fuel states, and high-emission transport firms in recent years, DeSmog can reveal. Fossil fuels are not only poisoning our planet – they’re toxic for your brand,” he said.

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Pollution Business Energy Monitoring Fossil fuels Building Energy Monitoring 145

Smart Energy International

OCTOBER 27, 2023

The investment also marks the establishment of a strategic partnership with Powin, which maintains a significant ownership stake in eks Energy. Sign up to our newsletter and stay informed For the latest in finance and investment announcements coming from the energy sector, make sure to follow Smart Energy Finances Weekly.

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Energy Monitor Business Energy Monitoring Solar Energy Monitor Energy 119

DeSmogBlog

AUGUST 15, 2023

A “granfluencer” known as “our Filipino grandma” is among an army of US-based influencers being used by fossil fuel giants to promote major polluters to younger audiences, DeSmog can reveal. million, who had promoted fossil fuel firms since 2017. Juarez and Sangaland declined to comment.

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DeSmogBlog

DECEMBER 10, 2019

That research , published by the German NGO Urgewald along with BankTrack and 30 partner organizations, reveals and ranks the financial institutions sinking money into the dirtiest form of fossil fuels in the three years since the Paris Agreement was signed.

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Fossil fuels Organic Investment 98

DeSmogBlog

OCTOBER 4, 2023

Major fossil fuel firms have committed tens of millions in finance to UK universities since 2022, DeSmog can reveal. Previous reporting from openDemocracy and the Guardian found that, between 2017 and December 2021, £89 million had been given to UK universities from some of the world’s biggest fossil fuel companies.

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Fossil fuels Education Investment Energy 135

GreenTechMedia

DECEMBER 19, 2019

The firm, previously known as Danish Oil and Natural Gas, sold its upstream fossil fuels business to Ineos in 2017 and is phasing coal out of its generation mix by 2023. While renewables remain an investment priority, they are not the only show in town. That trend is set to continue. The firm has 7.45

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Natural gas Fossil fuels Politics Investment 100

Renewable Energy World

MARCH 1, 2021

has made the case for why utilities, not customers, should be responsible for the cost of retiring fossil fuel assets. Securitization: One Tool for Early Fossil Fuel Retirement. Securitization is a cheaper way to retire fossil fuel plants early. Originally published at ILSR.org.

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Fossil fuels Climate change Policy Energy 131

DeSmogBlog

JUNE 22, 2023

Porter states in her Twitter bio that she works with “businesses with projects across the electricity, gas and oil industries”, though these professional links to fossil fuel interests were not identified on the Today programme.

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Renewable Energy World

FEBRUARY 4, 2022

When Chicago-based Invenergy scored $3 billion from global asset manager Blackstone in January, it was one of the largest renewables investments in North American history. In another instance, Goldman Sachs announced it would invest $250 million in Hydrostor’s energy storage projects. and globally. Photo by Dennis Schroeder / NREL).

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Fossil fuels Investment Policy Energy 112

Business Green

FEBRUARY 25, 2020

Banking giant set to unveil beefed up climate investment policies at annual investor day. JP Morgan Chase is set to become the latest global banking giant to restrict lending to the most carbon intensive fossil fuel projects. The new target builds on a previous 2017 pledge to mobilise $50bn of green financing.

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