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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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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. Policy Exchange received $30,000 from the oil and gas supermajor ExxonMobil in 2017.

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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. Net Zero Watch and the Global Warming Policy Foundation did not respond to a request for comment. .

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Vast Majority of Financial Institutions Have No Policies Restricting Oil and Gas Expansion

DeSmogBlog

Just 13 financial players out of hundreds assessed from around the world have restrictions in place against funding oil and gas industry expansion, according to the Oil and Gas Policy Tracker. New funding for fossil fuels is delusional,” Guterres said on June 14. New funding for fossil fuels is delusional.

Policy 96
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Climate Crisis Denier Lee Anderson Finds Common Cause With Reform UK

DeSmogBlog

Reform campaigns to “scrap all of net zero” and last year received £135,000 from donors who deny climate science or have business links to fossil fuels. Anderson has repeatedly attacked the government’s net zero policies, arguing in February 2024 that a net zero UK “wouldn’t make a blind bit of difference to the earth’s atmosphere”.