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IEA: Fossil fuel consumption subsidies topped $1tr in 2022

Business Green

The think tanks said the record-breaking subsidies were prompted by turmoil in global energy markets that sent fossil fuel prices soaring and prompted governments to intervene to stop households and businesses facing five-fold increases in energy costs.

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Snapshots of our World: Energy: Fossil Fuels + Iron Rivers + Current Mystery

Planet Pulse

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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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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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. 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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Using Solar to Displace Fossil Fuels for Process Heat in Industrial Facilities

GreenTechMedia

At many of these facilities, fossil fuels, and especially natural gas, are the energy feedstock used for process heating applications. But what if the sun’s energy could take over the job much of the time and displace fossil fuels? beverage sector for boiler and process heat came from natural gas.

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Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral

DeSmogBlog

The campaigns have been deployed across a number of social media platforms and are part of a global effort to give “millennials a reason to connect emotionally” with oil and gas firms, and to tackle their perception as “the bad guys”. As the study also pointed out, however, these firms invested just 1.7

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What the natural gas industry is missing about the energy transition 

EDF + Business

The annual conference, hosted by Energy Dialogues, brings together natural gas interests to discuss where the industry is headed, with perspectives from policymakers and civil society. Speakers talked about natural gas as the solution to a trinity of critical energy challenges: emissions mitigation, energy poverty, and energy security.