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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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Europe’s Energy Giants Line Up to Endorse Green Deal

GreenTechMedia

On Wednesday the European Commission presented a sweeping 50-point plan centered around achieving net zero status in Europe by 2050. 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. ” Electrification.

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Janet Yellen on financing a sustainable future

GreenBiz

In particular, the plan adopts a technology-neutral Clean Electricity Standard, which puts us on the path to achieving 100 percent carbon-free electricity by 2035. An important feature of this approach is that it is technology-neutral. It also includes retrofitting U.S. communities — especially in communities of color.

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IRENA: Renewable energy generates half a million new jobs worldwide in 2019

Business Green

and hydropower employed around 1.95 In Europe, which had 1.3 For comparison, in the fossil fuel sectors women make up around 21 per cent of the workforce. Global Wind Energy Council chief executive Ben Backwell, meanwhile, urged policymakers to reconsider their support to the fossil fuel sector.

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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. For a growing number of investors alarm bells are ringing.

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LNG Projects Make Claims of ‘Net-Zero’ to Ease Way for Expansion

DeSmogBlog

Under growing pressure to rein in greenhouse gas emissions, developers of liquefied natural gas (LNG) are turning to questionable claims about “carbon neutrality,” “net-zero,” or “green LNG,” in order to pass muster with governments, investors, and society, who are becoming increasingly anxious about the climate crisis. While the U.S.

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The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

A sudden collapse of the industry - called a carbon crunch - could lead to economic disaster of epic proportions. The time is therefore now to plan an orderly wind-down of fossil fuel assets and manage the impact on the global economy rather than try to sustain the unsustainable. This may prove to be terminal. Money is gone.