Business Green

JANUARY 27, 2023

BNEF reports that global investment in the clean energy transition rose 30 per cent last year to record levels Global investment in the clean energy transition soared to record levels last year, surpassing $1tr as the sector matched the level of investment in fossil fuels for the first time.

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Fossil fuels Investment Energy Energy 101

Business Green

OCTOBER 20, 2021

New report from Friends of the Earth reveals none of the major UK pension schemes have plans to divest from fossil fuels. UK pension funds have invested an estimated £128bn in fossil fuels, according to a new report published today by environmental campaign group Friends of the Earth. Polluted Pensions?

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Fossil fuels Investment Climate change Pollution 81

DeSmogBlog

NOVEMBER 11, 2022

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. TotalEnergies will sponsor the 2023 Rugby World Cup in France.

Fossil fuels 93

Fossil fuels Education Organic South America 93

DeSmogBlog

APRIL 5, 2022

“Investing in new fossil fuel infrastructure is moral and economic madness,” UN Secretary-General António Guterres said as the Intergovernmental Panel on Climate Change (IPCC) released part of its latest report on Monday. The IPCC’s call to action was urgent. “We The extinction of a million species of plants and animals.

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Fossil fuels Investment Climate change Global warming 98

DeSmogBlog

DECEMBER 11, 2023

First there was the “greenhouse effect” — a phenomenon identified as early as 1856 by a largely unheralded woman scientist, Eunice Foote, who reported at the time that glass jars filled with air laced with carbon dioxide heated up much quicker than air without it. Such conflicts and record-breakers are happening hourly somewhere in the world.

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Fossil fuels Climate change Global warming Pollution 93

Planet Pulse

JANUARY 11, 2024

In this week’s issue : We kick off our energy series with the top dog: fossil fuels Orange rivers in Alaska A river mystery in Colombia Feature Story: Energy: Fossil Fuels If you’re reading this then you owe gratitude to fossil fuels. But fossil fuel companies aren’t quite shaking in their boots yet.

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Fossil fuels Building Energy Monitoring Energy Monitor Energy 52

DeSmogBlog

JULY 27, 2023

DeSmog analysed examples of more than 100 influencers being paid to promote fossil fuel firms worldwide since 2017, from the US to Malaysia, in campaigns that have reached billions of people. While there’s more knowledge in general around climate change and the harms of fossil fuels, I think that people have a lot of trust in creators.

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Fossil fuels Carbon-neutral Pollution Carbon-negative 97

DeSmogBlog

JUNE 22, 2023

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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Fossil fuels Pollution Climate change Carbon 98

DeSmogBlog

OCTOBER 6, 2022

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. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, gave the project $1.1 The World Bank Group has funneled $14.8

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Fossil fuels Policy Natural gas Investment 93

DeSmogBlog

AUGUST 3, 2023

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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Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 96

Grist

APRIL 4, 2022

Greenhouse gas emissions must peak within the next three years, and in the next eight, the world must push fossil fuels aside, rapidly scaling up the use of clean energy like wind and solar. The authors’ top recommendation: Immediately move away from fossil fuels and replace them with renewable technologies.

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Fossil fuels Global warming Climate change Carbon 116

DeSmogBlog

NOVEMBER 30, 2023

The vast majority of corporate advocacy promoting carbon capture and storage is misaligned with climate science, new research shows. The study shows that IPCC recognizes a role exists for carbon capture technologies. Celsius or well-below 2°C – the targets established by the Paris Agreement.

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Fossil fuels Carbon Policy Climate change 112

Envirotec Magazine

NOVEMBER 16, 2022

A new partnership may pave the way for more than £400 million to be invested in recycling facilities across the UK. It will convert this waste into ultra-low sulphur diesel to replace fossil fuels in the transport and heavy-machinery sectors. Each facility is designed to accept 20,000 tonnes of plastics each year.

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Plastics Recycling Recycling Real Estate 264

Business Green

AUGUST 23, 2022

Adverts promoting fossil fuel products and services have been banned in France, after a cornerstone of President Emmanuel Macron's green legislative agenda officially came into force yesterday. You will read everywhere that advertising for fossil fuels is now prohibited, but that's not true," the campaign group said in a statement.

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Fossil fuels Law Hydrogen Europe 101

Business Green

NOVEMBER 17, 2021

The president of the RPS said the group had taken the decision to alter its investment strategy in the latest win for the global divestment campaign. In related news, Luton Borough Council this week unanimously passed a motion calling on the Bedfordshire Pension Fund to disinvest its fossil fuel.

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Fossil fuels Carbon-negative Investment Climate change 61

Envirotec Magazine

OCTOBER 13, 2022

Clean Growth Fund and Barclays have invested £4.4m A spin-out from Queen’s University Belfast, MOF Technologies has developed an energy efficient carbon capture solution to reduce harmful emissions from cement works, steel works, or energy-from-waste plants. Addressing this issue, MOF Tech is at the cutting edge of carbon capture.

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Carbon Fossil fuels Technology Investment 130

DeSmogBlog

APRIL 3, 2024

Of the 64 total board members at Omnicom Group , WPP , Interpublic Group (IPG), Publicis Groupe , Dentsu and Havas , 32 have significant experience in carbon-heavy sectors such as fossil fuels, fossil fuel financing, plastics, utilities, and aviation. Twenty-two are still serving in roles at such companies.

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Pollution Fossil fuels Aviation Carbon 78

Business Green

MARCH 24, 2023

The calls on councils, pension funds, and financial institutions to divest their holdings in fossil fuel assets comes in the same week that the IPCC warned that there is "a rapidly closing window of opportunity" for countries to act on climate change to secure a "liveable and sustainable future" for all.

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Fossil fuels Investment Climate change Demand 92

Smart Energy International

OCTOBER 24, 2023

The International Energy Agency’s (IEA’s) latest World Energy Outlook (WEO) report finds that, as the world moves towards a more electrified and renewables-based energy system, which will be needed to prevent costs associated with potentially volatile fuel prices, investment in robust, digitalised grid systems will need follow suit.

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Investment Fossil fuels Energy Energy 97

Envirotec Magazine

FEBRUARY 5, 2024

The site at West Sleekburn received planning in October 2022 but subsequently had its planned connection date delayed until October 2036. The actions of NPG go directly against the Government’s wider agenda to move away from fossil fuels and achieve carbon net zero goals by 2050 and it is stifling investment in the area.

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Batteries Fossil fuels Resilience Europe 264

Envirotec Magazine

NOVEMBER 17, 2023

As policymakers and leaders around the world prepare for pivotal climate discussions at COP28, the sector must seize the momentum to create more renewable energy, enabling other sectors to decarbonise, and shifting demand away from fossil fuels. There are small indications of change.

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Fossil fuels Electricity Energy Energy 147

Business Green

FEBRUARY 28, 2021

Aviva has announced it intends to reach net zero emissions across its operations, supply chain, and investments by 2040, unveiling a number of new exclusion policies that will see the firm distance itself from the most carbon intensive fossil fuel companies.

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Fossil fuels Policy Real Estate Investment 70

DeSmogBlog

JUNE 12, 2023

Former Business and Energy Secretary Jacob Rees-Mogg spoke of his desire for people to “stop demonising oil and gas” in a private meeting with the head of the United Arab Emirates’s state investment company, DeSmog can reveal. Rees-Mogg held the meeting on 17 October 2022, during the short-lived tenure of former Prime Minister Liz Truss.

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Fossil fuels Investment Hydrogen Natural gas 85

DeSmogBlog

NOVEMBER 17, 2023

With the start of the 28th annual United Nations climate summit, COP28, just two weeks away, a battle is brewing over the role of fossil fuels as nations try to stem the tide of climate change. Now, a new report shows that fossil fuel production by 2030 is set to exceed the level that would be compatible with limiting warming to 1.5°C

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Carbon Technology Fossil fuels Climate change 94

Envirotec Magazine

OCTOBER 26, 2023

“Despite rapid growth in EV sales, a staggering 94 percent of cars sold last year by the world’s biggest traditional automakers were powered by fossil fuels. Leading automakers need to accelerate the shift away from fossil fossils, rather than boasting about their minimal EV sales share.”

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Electric vehicle Asia Fossil fuels Europe 264

DeSmogBlog

APRIL 21, 2022

Adani Group has pledged to be carbon neutral and embrace renewable energy, but at the same time is expanding its coal production, with plans to double its coal-fired power capacity to 24GW, according to analysis last year by campaign group Market Forces. Will also work with UK companies to co-create defence & aerospace technologies.”.

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Fossil fuels Global warming Carbon-neutral Politics 92

Business Green

NOVEMBER 22, 2022

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion. Furthermore, 77 per cent of customers said that they had no idea that their banks were financing fossil fuel expansion.

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Fossil fuels Investment Global warming Carbon 38

Business Green

OCTOBER 6, 2022

Global investment needs to rapidly shift away from fossil fuels to green energy throughout the 2020s, but bets against that happening look increasingly risky. What does energy investment look like today? But what does the actual investment ratio look like today, and is the world anywhere near being on track for 1.5C?

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Fossil fuels Investment Energy Energy 68

Clean Energy Canada

MAY 2, 2024

While carbon pollution increased by 1.3% between 2021 and 2022, it remained 7.1% A slight increase in emissions was expected for 2022 as Canada continued to rebound from the pandemic. “The federal government has brought to bear an impressive suite of climate measures, including carbon pricing. below 2005 levels and 5.9%

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Fossil fuels Carbon Government Investment 62

DeSmogBlog

APRIL 18, 2024

Truss, who is the Conservative MP for South West Norfolk, resigned as prime minister in October 2022 after just 49 days in office. The Climate Change Act legalised the UK’s commitment to reducing carbon dioxide emissions by at least 80 percent by 2050 from 1990 levels. government to spur green technology investment.

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COP Law Fossil fuels Climate change 134

DeSmogBlog

OCTOBER 19, 2023

Almost 100 universities that have pledged to shed ties to the fossil fuel industry still bank with financial institutions that have collectively provided $419 billion (£345 billion) to polluting interests between 2016 and 2022. million in funding from fossil fuel companies since 2022.

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Fossil fuels Education Global warming Pollution 111

Business Green

JULY 21, 2022

Agency's forecast suggests 2021 could prove to be peak year for power sector carbon emissions. The report notes that global electricity demand is set to return to pre-pandemic levels in 2022, rising by around 2.4

Carbon 38

Carbon Fossil fuels Electricity South America 38

Business Green

OCTOBER 24, 2022

The world should not develop any new sources of fossil fuels if it is stand a chance of limiting global warming to 1.5C that allow for new sources of fossil fuels to be exploited. Indeed, the IISD said there was no carbon budget available for new oil and gas development in any of the 1.5C

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Fossil fuels Europe Government Global warming 62

DeSmogBlog

OCTOBER 25, 2023

As Louisiana attempts to spew less climate-warming pollution, which disproportionately comes from industry, fossil-fuel companies have convinced lawmakers to jump onto the bandwagon of carbon capture and storage (CCS), a controversial and unproven method of addressing the issue.

Carbon 107

Carbon Natural gas Fossil fuels Technology 107

Business Green

APRIL 3, 2023

And, despite the ongoing planning block on new onshore turbines in England, onshore wind farms also generated a record amount of electricity in 2022, providing 10.8 per cent - or 134.8TWh - of the country's electricity throughout 2022, the figures show. million homes. per cent of the power mix. Overall, renewables produced 41.4

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Electricity Wind power Fossil fuels Climate change 81

Business Green

MAY 16, 2022

In a speech in Glasgow to mark six months since the landmark UN Climate Summit, the COP26 President conceded the Kremlin's "illegal and brutal" war, rising inflation, and cost of living concerns had dominated the political and media agenda in 2022, but stressed that climate action must remain a top priority for governments around the world.

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Fossil fuels Energy Energy Government 71

Business Green

JANUARY 6, 2023

National Grid ESO data reveals a number of fresh records, as zero carbon power sources made up more than half of Britain's power for extended periods of the year. The electricity grid achieved its lowest ever carbon intensity month in February 2022, which delivered an average of 126g CO2/kWh over the period, the data reveals.

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Power grid Hydropower Fossil fuels Carbon 71