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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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A Global Database on Fossil Fuel Projects Goes Live

DeSmogBlog

A new database cataloging the world’s oil and gas reserves reveals extensive data on the global fossil fuel industry for the first time. The Global Registry of Fossil Fuels, launched by Carbon Tracker and Global Energy Monitor, is the first public and free-to-use database of fossil fuel production, reserves, and emissions.

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World Bank Continues Financing Fossil Fuels Despite Climate Crisis

DeSmogBlog

billion into fossil fuel projects around the world since the Paris Climate Agreement was signed in 2015, undercutting global efforts to combat the worsening climate crisis. But the actions are not matching the words,” Kyle Ash, policy director at the Bank Information Center, told DeSmog. The World Bank Group has funneled $14.8

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WPP Has More Fossil Fuel Clients Than Any Other Advertising Company, Report Finds 

DeSmogBlog

Global advertising and public relations company WPP has more contracts with fossil fuel clients than any of its rivals, despite the group’s pledge to reach net zero emissions by 2030, according to a report by campaign group Clean Creatives. Omnicom followed with 39 contracts; Interpublic Group had 25; and Publicis Groupe had 11. “The

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How the Fossil Fuel Industry Buys Goodwill

DeSmogBlog

From the world’s biggest soccer championship to soccer training for kids , from major universities to music festivals and art galleries to — if you can name it, fossil fuel companies have probably sponsored it. Aramco has partnered with Spain’s Laguna de El Hito Nature Reserve to conserve bird species.

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Electrification gets down to the wire

GreenBiz

Tue, 04/20/2021 - 02:11. The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. And the era of fossil fuels is hardly over. Joel Makower.

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Mapped: Europe’s Fossil Fuel-Backed Hydrogen Lobby

DeSmogBlog

The fuel comes in a variety of “colours”, depending on how it is produced, with almost all hydrogen currently created using fossil gas and termed “grey”. Juliet Philips, senior policy advisor at the thinktank E3G, described it as “a bit of a red herring as a low-carbon solution”. Credit: Gaia Lamperti. Hydrogen Europe.