DeSmogBlog

JUNE 27, 2023

public pension funds would have been about 13 percent higher had they divested from fossil fuel holdings ten years ago – equivalent to around $21 million in earnings. without the fossil fuel holdings. without the fossil fuel holdings. billion at the end of 2022, they would have been worth $424.6

Fossil fuels 98

Fossil fuels Investment Carbon-negative Carbon 98

DeSmogBlog

APRIL 26, 2023

Major hospital systems and medical institutions in the United States are betraying their oath to “first do no harm” through their investments in the fossil fuel sector, warns a new report from a campaign advocating for fossil fuel divestment in healthcare. private hospital systems.

Fossil fuels 93

Fossil fuels Investment Health Sustainability 93

DeSmogBlog

NOVEMBER 29, 2022

Major investment funds available to UK consumers are marketing themselves as “sustainable” and “ethical” while financing fossil fuel companies, research has found. The fund with the most fossil fuel-linked holdings in its portfolio was iShares Dow Jones Global Sustainability Screened. Fuelling the Fire’.

Fossil fuels 91

Fossil fuels Investment Sustainability Ethics 91

Renew Economy

JANUARY 30, 2023

Bloomberg New energy Finance says investment in low carbon energy has hit a new high – and for the first time reached parity with capital invested in fossil fuels. The post Clean energy investment tops $US1 trillion, sits neck and neck with fossil fuels appeared first on RenewEconomy.

Fossil fuels 84

Fossil fuels Investment Energy Energy 84

Forbes Green Tech

MARCH 19, 2021

New research proves massively increased return for investment in renewables over fossil fuels. trillion annual investment in low carbon energy, this can only be a positive for achieving climate goals. With 2050 targets requiring $4.4

Fossil fuels 127

Fossil fuels Investment Carbon Energy 127

GreenTechMedia

DECEMBER 6, 2019

billion), the European Investment Bank is one of the sector’s biggest lenders. And for every euro the EIB puts into a project or business, around seven more are invested by the private sector. According to the International Energy Agency, global renewables investment in 2018 amounted to $300 billion. billion ($14.9

Fossil fuels 203

Fossil fuels Investment Natural gas Policy 203

DeSmogBlog

DECEMBER 5, 2023

Darren Woods, the CEO of Exxon, celebrates the potential of carbon capture to dramatically reduce global emissions. According to Saudi Aramco’s podcast, the fossil fuel industry is innovating new climate solutions, and BP’s podcast proclaims more of the same. and Europe.

Fossil fuels 117

Fossil fuels Climate change Organic Carbon 117

DeSmogBlog

FEBRUARY 6, 2024

Littlewood’s speech criticised the UK’s net zero target, complaining about “the Climate Change Committee, pronouncing on our progress to the eye-wateringly [sic] expensive and almost certainly unachievable aim of being carbon net zero”. billion invested in fossil fuels via his investment fund Marshall Wace.

Fossil fuels 125

Fossil fuels Global warming Policy Climate change 125

BloombergNEF

OCTOBER 5, 2023

Staying on track for net-zero emissions requires at least $4 dollars to be spent on low-carbon energy supply for every dollar that goes to fossil fuels throughout this decade. The post Regional Investment in Low-Carbon Energy Is Short of Net-Zero Path appeared first on BloombergNEF.

Carbon 102

Carbon Investment Fossil fuels Energy 102

Envirotec Magazine

JULY 3, 2023

The UK government announced the disbursement of over £80 million funding on 28 June, intended to give a boost to a range of projects geared towards ditching fossil fuels in favour of cleaner energy sources. Projects include hydrogen-powered cornflake production and low-carbon Scottish whisky distillation. CCUS Innovation 2.0

Business Energy Monitoring 246

Business Energy Monitoring Building Energy Monitoring Carbon Energy Monitor 246

Business Green

OCTOBER 20, 2021

New report from Friends of the Earth reveals none of the major UK pension schemes have plans to divest from fossil fuels. UK pension funds have invested an estimated £128bn in fossil fuels, according to a new report published today by environmental campaign group Friends of the Earth. Polluted Pensions?

Fossil fuels 86

Fossil fuels Investment Climate change Pollution 86

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

DeSmogBlog

JANUARY 4, 2024

Three-quarters of prizes at the UK’s top sustainable advertising awards went to agencies who work for the fossil fuel industry, a DeSmog analysis has revealed. billion investment in the UK’s green energy transition. Both agencies are owned by the London-based global media group WPP.

Fossil fuels 119

Fossil fuels Pollution Plastics Sustainability 119

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 97

Fossil fuels Investment Climate change Global warming 97

DeSmogBlog

NOVEMBER 16, 2022

The findings underscore concerns over the role of the fossil fuel industry at the negotiations, known as COP27, which have become a focal point for deals to exploit African natural gas. These talks are supposed to be about moving us away from fossil fuels, phasing them out,” Sabido told DeSmog. Conflict of interest.

Fossil fuels 96

Fossil fuels COP Plastics Pollution 96

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

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

Business Green

NOVEMBER 22, 2021

The boss of the Environment Agency has declared that coal and oil are "no longer safe bets" for investors, warning that banks that failed to divest from fossil fuels would be left behind by the market. He said investors that continued to invest in fossil fuels were exposing themselves to major financial risks.

Fossil fuels 101

Fossil fuels Investment Methane Politics 101

DeSmogBlog

DECEMBER 11, 2023

First there was the “greenhouse effect” — a phenomenon identified as early as 1856 by a largely unheralded woman scientist, Eunice Foote, who reported at the time that glass jars filled with air laced with carbon dioxide heated up much quicker than air without it. Such conflicts and record-breakers are happening hourly somewhere in the world.

Fossil fuels 81

Fossil fuels Climate change Global warming Pollution 81

DeSmogBlog

JUNE 22, 2023

But the data compiled by Brussels-based research and advocacy group Food & Water Action Europe, and shared with DeSmog, shows that 57 percent of 147 hydrogen projects under consideration by the European Commission are designed to also carry natural gas, or “blue” hydrogen made from the fossil fuel.

Fossil fuels 87

Fossil fuels Hydrogen Natural gas Europe 87

DeSmogBlog

NOVEMBER 11, 2022

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. TotalEnergies will sponsor the 2023 Rugby World Cup in France.

Fossil fuels 87

Fossil fuels Education Organic South America 87

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 93

Fossil fuels Carbon-neutral Pollution Carbon-negative 93

Hydrogen Fuel News

MARCH 3, 2024

Exploring the world of carbon capture technology opens up a pathway to understanding how advanced science is being utilized to combat the pressing issue of climate change. Post-combustion capture The core principle of carbon capture technology is simple yet incredibly sophisticated.

Hydrogen 101

Hydrogen Carbon Building Energy Monitoring Energy Monitor 101

Planet Pulse

JANUARY 11, 2024

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.

Fossil fuels 52

Fossil fuels Building Energy Monitoring Energy Monitor Energy 52

Business Green

SEPTEMBER 1, 2020

Consumer goods giant outlines plans to spend €1bn on ramping up carbon capture and utilisation technologies that will curb its cleaning and laundry product line's reliance on fossil fuel derived chemicals. As an industry, we must break our dependence on fossil fuels, including as a raw material for our products," he said. "We

Fossil fuels 101

Fossil fuels Investment Biotechnology Biodegradable 101

DeSmogBlog

JUNE 22, 2023

In this new lawsuit , it seeks to hold fossil fuel companies and their “misinformation agents” accountable for the unprecedented 2021 heat dome that saw temperatures in the county reach 116º Fahrenheit. The consulting firm has also served the fossil fuel industry.

Fossil fuels 97

Fossil fuels Pollution Climate change Carbon 97

Business Green

JANUARY 11, 2023

Campaign group One for One warn fossil fuels should be viewed as the highest risk class of assets and urges government to tighten financial regulations to avert risk of a financial crash. The One for One rule will ensure that banks making high-risk fossil fuel investments shoulder that risk themselves," she added. "It

Fossil fuels 96

Fossil fuels Climate change Government Investment 96

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 124

Fossil fuels Global warming Climate change Carbon 124

Green Business Bureau

JANUARY 27, 2022

To protect our communities and save taxpayer dollars, we need to slow these costly impacts by reducing carbon pollution now – at the same time we accelerate the clean energy solutions that will power our future prosperity. . We can stop investing in businesses that harm the planet and the people that inhabit it.

Climate change 145

Climate change Investment Fossil fuels Ethics 145

DeSmogBlog

OCTOBER 6, 2022

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

Fossil fuels 88

Fossil fuels Policy Natural gas Investment 88

Low Impact

AUGUST 11, 2021

All governments, including the UK, are telling us that they’re laser-focused on reducing carbon emissions. We have to stop burning fossil fuels and leave them in the ground. It looks as though, in a corporate-dominated, growth economy, no fossil fuels are going to be left unburnt. How are they doing?

Fossil fuels 101

Fossil fuels Packaging Government Carbon 101

Business Green

SEPTEMBER 20, 2022

The world's first public database tracking fossil fuel production, reserves, and emissions has officially launched this morning, in a bid to foster more transparency around fossil fuel production, national energy policies, and stranded asset risks. if they burned through all their reserves.

Fossil fuels 73

Fossil fuels Energy Monitor Carbon-neutral Home Energy Monitoring 73

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 72

Fossil fuels Policy Investment Global warming 72

Clean Energy Canada

MARCH 3, 2023

Even more unpopular is the province providing financial subsidies to fossil fuel companies to encourage more LNG exports, with nearly half disagreeing with this idea (47.5%) compared to 30.5% who would support fossil fuel subsidies. Among NDP and undecided voters, opposition is even higher. Recognizing that B.C.

Fossil fuels 109

Fossil fuels Energy Energy Climate change 109

DeSmogBlog

FEBRUARY 28, 2023

French environmental organizations Notre Affaire à Tous, Friends of the Earth France, and Oxfam France last week filed what they say is the world’s first climate lawsuit against a commercial bank, suing BNP Paribas over its continued funding of fossil fuels. They also say that the financial sector more broadly is on notice.

Fossil fuels 83

Fossil fuels Law Organic Pollution 83

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 91

Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 91

DeSmogBlog

DECEMBER 10, 2021

The UK government’s Hydrogen Strategy , launched in August, promises to develop a “thriving low carbon hydrogen sector” as a “key plank” of its climate plans, and the fuel was given pride of place at a “Hydrogen Transition Summit” hosted in Glasgow during the recent UN climate talks. Credit: Gaia Lamperti. Hydrogen Europe.

Fossil fuels 96

Fossil fuels Hydrogen Europe Natural gas 96