article thumbnail

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. Emissions from fossil fuels are the primary cause of global warming, according to the United Nations’ Intergovernmental Panel on Climate Change (IPCC).

article thumbnail

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 assets under management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Envirotec Magazine

The share of wind and solar generation across the 68 companies assessed almost doubled to 7% between 2017 and 2022. Of the 60 assessed companies that generated coal-fired power over the last five years, 65% burned less coal in 2022 than they did in 2017, and two companies, Iberdrola and SSE, have already phased out coal entirely.

article thumbnail

Decarbonization Investment: Can Investors Do Well While Doing Good?

E8 Cleantech Angels

Jeff Thiel and James Kempf We are not yet reducing global greenhouse gas emissions fast enough to avert catastrophic levels of global warming. We have the technology now to ensure a livable world for future generations, and investing in that technology will be good for our economy and our health too. annual total returns.

article thumbnail

Decarbonization Investment: Can Investors Do Well While Doing Good?

E8 Cleantech Angels

Jeff Thiel and James Kempf We are not yet reducing global greenhouse gas emissions fast enough to avert catastrophic levels of global warming. We have the technology now to ensure a livable world for future generations, and investing in that technology will be good for our economy and our health too. annual total returns.

article thumbnail

Decarbonization Investment: Can Investors Do Well While Doing Good?

E8 Cleantech Angels

Jeff Thiel and James Kempf We are not yet reducing global greenhouse gas emissions fast enough to avert catastrophic levels of global warming. We have the technology now to ensure a livable world for future generations, and investing in that technology will be good for our economy and our health too. annual total returns.

article thumbnail

Climate Sceptic Goes Unchallenged on BBC’s Today Programme

DeSmogBlog

Porter’s blog repeatedly cites the work of the Global Warming Policy Foundation (GWPF), the UK’s main climate science denial group. Porter’s Energy Blogs Climate models accurately predict global temperature rises, with observed warming tracking the forecasts.