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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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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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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. CalPERS and CalSTRS defend their fossil fuel investments. CalSTRS and CalPERS collectively have over $4.3 Yet in their annual filings with the U.S.

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They’re not energy companies – they’re fossil fuel companies

DeSmogBlog

The same specialists found that the period of extreme temperatures endured by several South Asian regions was at least 30 times more likely the result of global warming. Steinberger wrote in Climática , “This is a crucial point to understand: fossil fuel companies are not energy companies. ExxonMobil.

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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. Fossil fuel firms tout CCUS and hydrogen as green energy solutions, yet the reality is more complicated.

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‘Global warming is not a problem’ says Net Zero Watch Board Member Lord Lawson During COP26

DeSmogBlog

A board member of a new MP-backed ‘Net Zero Watch’ campaign group has said today that “global warming is not a problem”, defended burning fossil fuels, and said carbon dioxide’s “principal effect” is the growth of plants. It comes during the COP26 UN climate summit in Glasgow. The science is settled.