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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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Report: As Climate Crisis Expands, Canada Still Hands Billions to Fossil Fuel Industry

DeSmogBlog

billion supporting the fossil fuel and petrochemical industry. Taxpayer handouts to Canada’s wealthiest companies means that less money is available for the types of investments that could actually help people across the country who are deciding between food and energy bills,” she said.

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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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Give Climate Change the Name It Deserves: Fossil-Fueled Destruction

DeSmogBlog

The term “global warming” stuck. Climate change” seemed to encompass more possibilities for derangements of the global ecosystem. Climate emergency” was chosen as the Oxford English Dictionary’s “ Word of the Year ’’ in 2019. Climate change” describes only the result of fossil fuel-based greenhouse gases.

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IPCC: ‘Limiting global warming will require major transitions in the energy sector’

Smart Energy International

The report examines the sources of global emissions, explains developments in emissions reduction and mitigation efforts and assesses the impact of national climate pledges. One of the report’s key findings is that limiting global warming will require major transitions in the energy sector. Emissions growth rates.

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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

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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.