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World’s biggest economies pumping billions into fossil fuels in poor nations

The Guardian: Energy

G20 countries spent $142bn in three years to expand operations despite a G7 pledge to stop doing so, study finds The world’s biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars, despite their commitments on the climate.

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Prospective GB News Board Member is Fossil Fuel Investor

DeSmogBlog

An investigation by DeSmog found that one in three GB News presenters had spread climate science denial on air in 2022, while more than half had attacked climate action. “It The IEA, a free market group that has advocated for more fossil fuel extraction, received funding from BP for at least 50 years. GB News did not respond.

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Global carbon emissions from fossil fuels to hit record high

The Guardian: Energy

Projected rate of warming has not improved in past two years, analysis shows Cop28 president forced into defence of fossil fuel phase-out claims See all our Cop28 coverage Global carbon emissions from fossil fuels reached record levels again in 2023, as experts warned that the projected rate of warming had not improved over the past two years.

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UK universities take £41m in fossil fuel funding since 2022

The Guardian: Energy

FoI requests show Shell and BP among firms giving funds to institutions which have pledged to divest Major fossil fuel companies have committed tens of millions of pounds in funding to UK universities since 2022, it can be revealed, despite many of these institutions having actively pledged to divest from oil and gas.

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Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

Wind turbines and power lines can be seen against the evening sky near Leuna, Germany on October 4th, 2022. Photo by Jan Woitas/picture alliance via Getty Images The European Union saw a record drop in pollution from fossil fuel power plants last year, according to a new report. Electricity demand actually fell by 3.4

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G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3 Trillion

BloombergNEF

trillion of support for fossil fuels last year, according to a new report produced by research provider BloombergNEF (BNEF) in partnership with Bloomberg Philanthropies. Much of the increase came as a […] The post G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3

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Fossil fuel crisis prompts biggest ever switch to renewables and storage in 2022

Renew Economy

The fossil-fuel induced energy crisis of 2022 has sparked the biggest ever jump in new construction starts for wind, solar and storage projects. The post Fossil fuel crisis prompts biggest ever switch to renewables and storage in 2022 appeared first on RenewEconomy.