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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

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.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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Total to supply BT with renewable power under three-year deal

Business Green

Total has struck a three-year deal to supply BT with 100 per cent renewable electricity from a mix of sources including solar, wind and hydropower from across the UK, the French oil and gas giant announced today.

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Europe’s Energy Giants Line Up to Endorse Green Deal

GreenTechMedia

The proposals include a new climate law to be drafted within 100 days and stronger carbon taxes including the creation of so-called carbon borders. These would levy carbon taxes on imports to prevent the offshoring of emissions by firms that shift activities overseas. ” Electrification.

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'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. The stranded asset hypothesis just got real. However, the contention that the new price projections are more realistic is contestable.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  The S&P Global Clean Energy index dropped 30% YTD weighed down by higher interest rates and supply / demand imbalances.

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4.5 GW of pumped-storage hydro could save UK up to £690 million annually

Renewable Energy World

GW of new long duration pumped hydro storage, with 90 GWh of storage, could save up to £690 million per year in energy system costs by 2050, as the UK transitions to a net-zero carbon emission system. A new study by independent researchers from Imperial College London has found that just 4.5