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

DeSmogBlog

Last year was one of the worst on record for climate change-related disasters, yet Canada’s federal government spent $18.6 billion supporting the fossil fuel and petrochemical industry. It is 10 times what the government has invested in climate change adaptation since 2015.

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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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Give Climate Change the Name It Deserves: Fossil-Fueled Destruction

DeSmogBlog

The violence of the atmospheric shifts, their deeply uneven impacts and the implications of mass extinctions that are expected at current emission levels, add up to much more than “climate change.” The term “global warming” stuck. And that term is rapidly being outrun by the speed of the changes.

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California Pension Funds Have Billions Invested in Fossil Fuel Companies Named in State’s Lawsuit

DeSmogBlog

Over the past month and a half month, California lawmakers have enacted a pair of climate disclosure bills and endorsed a global call to end the fossil fuel era. In September, the state sued five oil majors and the chief industry lobby group to hold them accountable for climate change. We should divest.”

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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.

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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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Coal, Deforestation, Zero-Emission Vehicles: A Closer Look at Six Key Commitments from the COP26 Climate Conference

GreenBiz

Scientists say a rise in global temperatures beyond 1.5°C C by the end of the century will cause catastrophic climate-changing events around the world. C by the end of the century if major climate action doesn’t happen. Sadly, temperatures are on pace to rise 2.7°