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Prospective GB News Board Member is Fossil Fuel Investor

DeSmogBlog

Equinor has a majority stake in the Rosebank North Sea oil field, which has been dubbed a “carbon bomb” by environmental law charity ClientEarth. The startup broadcaster has lost £76 million since its launch in 2021 and relies on the resources of Marshall and its other big stakeholder, UAE-based investment firm Legatum, to survive.

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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

Paul Marshall is the chairman and chief investment officer of Marshall Wace, a London-based hedge fund that he co-founded in 1997. Marshall Wace is now one of the world’s largest hedge funds – an investment vehicle that bets on rising and falling share prices – with around $63 billion (£51.9 billion) in fossil fuel firms.

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Report: As Climate Crisis Expands, Canada Still Hands Billions to Fossil Fuel Industry

DeSmogBlog

billion supporting the fossil fuel and petrochemical industry. Taxpayer handouts to Canada’s wealthiest companies means that less money is available for the types of investments that could actually help people across the country who are deciding between food and energy bills,” she said. The report also noted over $1.3

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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

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Leading ‘Sustainable’ Investment Funds Backing Fossil Fuels, Research Finds

DeSmogBlog

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’.

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Hospitals Are Investing Billions of Dollars in Fossil Fuels, Report Reveals

DeSmogBlog

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.

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New Liz Truss Faction ‘Pops’ With Climate Science Denial and Fossil Fuel Ties

DeSmogBlog

The self-styled PopCons included politicians critical of climate policies and science, including Lord Frost, who is a director of the climate science denial Global Warming Policy Foundation , as well as Conservative MP Lee Anderson and Reform party president Nigel Farage. The policy was ditched by her successor Rishi Sunak.)