DeSmogBlog

FEBRUARY 6, 2024

Tufton Street Links Politicians fronting the PopCon group have a history of working with anti-green think tanks and supporting more fossil fuel extraction. The UK government’s legally-binding target to cut carbon dioxide emissions to net zero by 2050 is part of international efforts to keep global warming below 1.5C.

Fossil fuels 132

Fossil fuels Global warming Policy Climate change 132

Clean Energy Canada

AUGUST 3, 2023

While Alberta moves full speed ahead on approving new fossil fuel projects, it inexplicably has put the brakes on developing renewable energy projects. Alberta has world-class renewable energy resources and has already established itself as a leader in Canada, attracting new investment and new jobs to the province.

Fossil fuels 91

Fossil fuels Solar Power Government Electricity 91

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.

Fossil fuels 101

Fossil fuels Investment Energy Energy 101

Envirotec Magazine

NOVEMBER 9, 2023

Coal-fired power plant chimneys: In fast-growing economies, rapidly increasing energy demand is triggering investment in both low carbon and fossil fuel generation, leaving certain countries, including India and China, unlikely to reach net zero until much later.

Fossil fuels 147

Fossil fuels Aviation Climate change Biodiversity 147

DeSmogBlog

OCTOBER 18, 2021

Bank bosses due to attend a green investment summit tomorrow head institutions which have provided over £700 billion of financing for the fossil fuel industry since the 2015 Paris Agreement, including £129 billion in 2020 alone. . JPMorgan financed £230 billion in fossil fuels between 2016 and 2020.

Fossil fuels 98

Fossil fuels Investment Pollution Global warming 98

Envirotec Magazine

APRIL 25, 2024

It also looks at the persistence of fossil fuels in its energy mix. On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. Natural gas consumption will remain high with 2050 consumption marginally below 2023 levels and 58% being imported.

Energy Monitor 130

Energy Monitor Solar Energy Monitor Building Energy Monitoring Energy 130

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.

Fossil fuels 98

Fossil fuels Investment Climate change Global warming 98

Envirotec Magazine

OCTOBER 10, 2023

YouGov research commissioned by energy company ScottishPower seems to have found that only one in five (20%) of the nation’s small and medium sized businesses (SMEs) have invested in green energy solutions including solar panels, battery storage, heat pumps and electric vehicle charging points.

Business Energy Monitoring 189

Business Energy Monitoring Energy Monitor Solar Energy Monitor Investment 189

Business Green

MARCH 30, 2020

A major rollout of green hydrogen technologies could offset up to one third of global greenhouse gas emissions produced by fossil fuels and industry by 2050, according to a new report today by BloombergNEF (BNEF). MMBtu) by 2050. Moreover, hydrogen's low density makes it considerably harder to store than fossil fuels.

Fossil fuels 101

Fossil fuels Hydrogen Natural gas Policy 101

Business Green

FEBRUARY 25, 2020

Royal College of Psychiatrists and Jesuits in Britain become latest groups joining growing movement to remove their financial interests in fossil fuels. That is why the British public expect the UK to meet its climate commitments, including credible net-zero policies with the public and private investment necessary to achieve them.".

Fossil fuels 95

Fossil fuels Investment Climate change COP 95

Clean Energy Canada

MARCH 21, 2023

OTTAWA — Canada will see 700,000 more energy jobs in 2050 in a net-zero 2050 than we have today , according to a new report from Clean Energy Canada with modelling from Navius Research. million job decline in fossil fuels in this scenario (the world will want a lot less oil and gas), this is far exceeded by the 2.2-million

Fossil fuels 93

Fossil fuels Energy Energy Policy 93

Business Green

FEBRUARY 22, 2021

University of Cambridge college outlines net zero plan to ditch millions of pounds of direct and indirect investments in oil and gas. Trinity College Cambridge has committed to fully divesting from fossil fuels over the next ten years, following a long-running student campaign. £8.2m by the end of the century.

Fossil fuels 85

Fossil fuels Investment Climate change Education 85

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.

Fossil fuels 97

Fossil fuels Carbon-neutral Pollution Carbon-negative 97

Business Green

FEBRUARY 10, 2020

Bank considering introducing stronger limits on its fossil fuel investments as it faces growing pressure from shareholders. Barclays is gearing up to introduce stricter climate change policies that would further limit its investments in fossil fuels, following growing pressure from the bank's shareholders, according to reports.

Fossil fuels 73

Fossil fuels Policy Investment Global warming 73

Smart Energy International

SEPTEMBER 28, 2023

According to analysis from consultancy DNV between now and 2050 a staggering $12 trillion will be invested in doubling power grid capacity and renewables technologies in the US and Canada. by 2050, driven by the inherent efficiency of renewables. times by 2050, states DNV.

Fossil fuels 59

Fossil fuels North America Natural gas Demand 59

Business Green

JULY 29, 2020

More than 60 civil society leaders including MPs, climate experts, faith leaders and local councillors have signed an open letter accusing the Pensions Minister Guy Opperman of backing continued investment in fossil fuels.

Fossil fuels 101

Fossil fuels Climate change Investment Carbon 101

Envirotec Magazine

AUGUST 30, 2021

A report published on 26 August by an independent group of experts warns that reaching net zero greenhouse gas emissions by 2050 is now “too little too late”, and will not achieve the long-term temperature goals identified in the Paris Agreement to limit global warming to 1.5°C license ). C by the end of the century.

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Carbon-negative Climate change Global warming Fossil fuels 321

Business Green

FEBRUARY 6, 2023

By September this year, Guterres said all businesses, cities, regions, and financial institutions that have pledged to achieve net zero emissions by 2050 should present their transition plans "with credible and ambitious targets for 2025 and 2030", as recommended by the UN net zero expert group appointed by the secretary-general last year.

Fossil fuels 101

Fossil fuels Biodiversity Global warming COP 101

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.

Fossil fuels 116

Fossil fuels Global warming Climate change Carbon 116

DeSmogBlog

SEPTEMBER 9, 2021

Fossil fuels such as coal, oil and natural gas are the source of just over 80% of the world’s energy. To avert catastrophic warming, the global community must rapidly reduce how much of these fuels it extracts and burns. target because it was already at its limit, given our projections of fossil fuel demand in the near future.

Fossil fuels 94

Fossil fuels Carbon-negative Global warming Climate change 94

DeSmogBlog

MAY 24, 2022

HSBC has been accused of double standards after suspending an executive who said investors “need not worry” about climate change, while continuing to plough billions of pounds into fossil fuels. HSBC has financed £103 billion in fossil fuels since the Paris Agreement was ratified in 2016, including £43.8

Fossil fuels 96

Fossil fuels Climate change Investment Carbon 96

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.

Fossil fuels 96

Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 96

GreenBiz

OCTOBER 13, 2020

HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Any further financing of oil, gas and coal expansion today is utterly at odds with a net-zero commitment by 2050.

Fossil fuels 470

Fossil fuels Retail Climate change Investment 470

Envirotec Magazine

APRIL 26, 2022

The report projects a rapid shift in the global energy mix, with the share of renewables in global power generation expected to double in the next 15 years while total fossil fuel demand is projected to peak before 2030, depending on the scenario. C by 2100, and reaching a 1.5°C C pathway is increasingly challenging.

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Global warming Fossil fuels Hydrogen Demand 361

DeSmogBlog

DECEMBER 10, 2021

An in-depth article by the website Carbon Brief argues that the fuel is unlikely to be taken up universally, particularly as “the volume required to satisfy all the possible applications for low-carbon hydrogen would likely far exceed the amount available, even if production is significantly scaled up.”. Credit: Gaia Lamperti.

Fossil fuels 98

Fossil fuels Hydrogen Europe Natural gas 98

Clean Energy Canada

JUNE 16, 2021

VANCOUVER — As jobs in fossil fuels decline amid a shifting global landscape, rapid growth in Canada’s clean energy sector will more than make up the difference. At the same time, Canada’s fossil fuel sector will see a 9% drop in employment. While currently behind provinces like B.C. Report | The New Reality.

Fossil fuels 125

Fossil fuels Real Estate Energy Energy 125

DeSmogBlog

NOVEMBER 11, 2021

JPMorgan Chase is the world’s biggest financier of fossil fuels, according to environmental organisations. In 2020 the bank pledged to end fossil fuel loans for Arctic oil drilling and phase out loans for coal mining. Fossil Finance. JP Morgan declined to comment.

Fossil fuels 98

Fossil fuels Demand Climate change Construction 98

DeSmogBlog

MAY 13, 2022

A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers. The two pension funds have estimated holdings of $7.4

Fossil fuels 97

Fossil fuels Investment Climate change Law 97

GreenBiz

DECEMBER 2, 2020

Denmark set the same goal — phase out new fossil fuel vehicle sales in 2030 — and world-leader Norway plans to make the switch in 2025. Electric vehicles will begin to cost the same as their fossil fuel counterparts between 2025 and 2029, depending on the vehicle type. isn't the only one. Technology advances, for one.

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Electric vehicle Electricity Fossil fuels Lithium 467

DeSmogBlog

JULY 20, 2021

Fossil fuel companies are pressing ahead with new oil and gas developments, despite a recent warning from the International Energy Agency (IEA) that this will make the Paris Agreement goals impossible to meet, an analysis has found. o C target. Selective’ Use of IEA Research. It slightly feels like cherry-picking,” he added.

Fossil fuels 98

Fossil fuels Carbon-neutral Climate change Carbon 98

DeSmogBlog

NOVEMBER 4, 2021

GLASGOW, SCOTLAND – Only two of the 35 stalls lauding countries’ green credentials at the COP26 UN climate summit mention the need to cut fossil fuel production — the chief cause of the carbon emissions driving climate change. . We urge all leaders to put people and the planet over the profit of the fossil fuel industry.”.

Fossil fuels 98

Fossil fuels Africa Climate change Pollution 98

DeSmogBlog

OCTOBER 3, 2021

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

Fossil fuels 98

Fossil fuels Carbon-neutral Carbon-negative Carbon 98

Business Green

APRIL 18, 2021

Institutional Investors Group on Climate Change calls on banks to back their net zero pledges with moves to halt support for fossil fuels and activities that drive deforestation. With fossil fuel financing increasing since 2016, the time to act is now," she said. Net zero commitments must drive real change.".

Fossil fuels 89

Fossil fuels Carbon-negative Climate change Investment 89

DeSmogBlog

APRIL 18, 2021

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files.

Fossil fuels 98

Fossil fuels Carbon-neutral Carbon-negative Carbon 98

DeSmogBlog

AUGUST 25, 2021

Central banks are continuing to help channel trillions of dollars into fossil fuels through policy decisions and direct financing, with overall sums rising in recent years, a new report has found. The report calls on governments to update the mandates of the banks to support the managed decline of fossil fuels.

Fossil fuels 98

Fossil fuels Climate change Policy Carbon 98

Business Green

JANUARY 28, 2021

One in 10 consumers could leave their high street bank if made aware of the institution's investments in coal, oil, and gas, survey suggests. per cent of people said they were "very likely" to consider switching to a more ethical bank once presented with the facts about the two banks' leading role in financing the fossil fuel industry.

Fossil fuels 81

Fossil fuels Ethics Investment Europe 81

Business Green

NOVEMBER 4, 2021

Twenty-five nations and multilateral development banks have committed to ending new direct financial support for unabated fossil fuel energy projects overseas by the end of next year, in yet another sign that the global shift away from oil, gas, and coal and towards cleaner energy sources is accelerating. warming pathway.

Fossil fuels 92

Fossil fuels Energy Energy Government 92