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Prospective GB News Board Member is Fossil Fuel Investor

DeSmogBlog

Equinor has a majority stake in the Rosebank North Sea oil field, which has been dubbed a “carbon bomb” by environmental law charity ClientEarth. The startup broadcaster has lost £76 million since its launch in 2021 and relies on the resources of Marshall and its other big stakeholder, UAE-based investment firm Legatum, to survive.

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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. To put that in context, Environmental Defence’s “Canada’s Fossil Fuel Funding in 2023” report estimates that the Canadian government’s accumulated subsidies to the oil and gas sector over the last four years was at least $65 billion.

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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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Oregon County Sues Fossil Fuel Entities and Enablers for Contributing to Deadly 2021 Heatwave

DeSmogBlog

In this new lawsuit , it seeks to hold fossil fuel companies and their “misinformation agents” accountable for the unprecedented 2021 heat dome that saw temperatures in the county reach 116º Fahrenheit. The consulting firm has also served the fossil fuel industry.

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

DeSmogBlog

billion) in fossil fuel firms. This includes companies that specialise in extracting, refining, transporting and distributing fossil fuels. million) shareholding in the oil and gas supermajor Chevron, as well as stakes in Shell, Equinor, and 109 other fossil fuel companies. billion (£1.8 million (£466.1

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Reuters, New York Times Top List of Fossil Fuel Industry’s Media Enablers

DeSmogBlog

Darren Woods, the CEO of Exxon, celebrates the potential of carbon capture to dramatically reduce global emissions. According to Saudi Aramco’s podcast, the fossil fuel industry is innovating new climate solutions, and BP’s podcast proclaims more of the same. and Europe.

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California Pension Funds Have Billions Invested in Fossil Fuel Companies Named in State’s Lawsuit

DeSmogBlog

Over the past month and a half month, California lawmakers have enacted a pair of climate disclosure bills and endorsed a global call to end the fossil fuel era. Lena Gonzalez (D-Long Beach) introduced legislation requiring both funds to divest from the 200 largest fossil fuel companies by the 2030s — holdings worth about $15 billion.