Business Green

JANUARY 11, 2022

Transition to electric vehicles now 'inevitable' in UK and much of Europe thanks to declining upfront costs, major new study finds. It is our common responsibility to ensure that everyone in Europe, wherever they live, can switch to electric vehicles as early as they want.".

Fossil fuels 91

Fossil fuels Europe Electric vehicle Demand 91

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

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.

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Fossil fuels Education Organic South America 94

DeSmogBlog

DECEMBER 10, 2021

So, how has hydrogen gone from being a fairly obscure industry to a critical part of Europe’s green plans? DeSmog has mapped the sprawling network of fossil fuel companies, trade associations, PR firms and other organisations behind the push for hydrogen, which offers some clues. Hydrogen Europe. Credit: Gaia Lamperti.

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Fossil fuels Hydrogen Europe Natural gas 98

Impact Alpha

FEBRUARY 24, 2021

ImpactAlpha, February 24 – The IMAS Foundation, launched by Ikea’s founder, is committing €250 million to a fossil fuel-free public equities fund developed by. The post Ikea-backed foundation invests in fossil fuel-free equities and green steel appeared first on Impact Alpha.

Fossil fuels 87

Fossil fuels Investment Europe Energy 87

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

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Fossil fuels Policy Natural gas Investment 94

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

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Fossil fuels Climate change Government Investment 96

DeSmogBlog

SEPTEMBER 30, 2021

A Scottish university in “Europe’s oil and gas capital” has voted to sell all of its fossil fuel investments over the next four years. million investment portfolio by 2025. million investment portfolio by 2025. million invested in fossil fuels, according to campaigners.

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Fossil fuels Investment Government Europe 98

DeSmogBlog

JULY 8, 2021

Over €8 billion is being invested in hydrogen and “renewable gas” projects in southern Europe using EU Covid-19 recovery funds, thanks to extensive lobbying by the fossil fuel industry, a new report has found. . The over-emphasis on hydrogen as a result of lobbying could lock Europe into decades more of fossil fuels.

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Fossil fuels Hydrogen Politics Europe 98

Business Green

SEPTEMBER 14, 2022

Ursula von der Leyen sets out plans to mandate revenue cap on electricity generators and secure a 'crisis contribution' from fossil fuel companies in her State of the European Union address. We are in a fossil fuel crisis, the fossil fuel industry has a special duty too," she said.

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Fossil fuels Electricity Lithium Europe 89

GreenBiz

MAY 18, 2022

Dependence on imported fossil fuels can never deliver the energy security we need – nor does it allow us to address global climate change. And while renewables are scaling up rapidly, the annual buildout rates are still insufficient to overcome dependence on fossil fuels. Countries are facing an energy and climate crisis.

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Fossil fuels Energy Energy Hydrogen 278

GreenTechMedia

AUGUST 31, 2020

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Even utilities with aggressive renewables programs still have large portfolios of fossil fuel assets.

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Fossil fuels Natural gas North America Global warming 130

Business Green

AUGUST 23, 2022

Adverts promoting fossil fuel products and services have been banned in France, after a cornerstone of President Emmanuel Macron's green legislative agenda officially came into force yesterday. You will read everywhere that advertising for fossil fuels is now prohibited, but that's not true," the campaign group said in a statement.

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Fossil fuels Law Hydrogen Europe 101

Envirotec Magazine

OCTOBER 21, 2019

Waste management firm Re-Gen Waste has invested £5m in the development of its existing processing facility, to produce a high specification replacement for traditional fossil fuels, for use in cement kilns and power stations. There is also significant growth potential in Africa, South America and East Asia.

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Fossil fuels Waste Waste Investment 100

The Guardian: Energy

DECEMBER 4, 2023

Co-leader of EU delegation at Cop28 says climate should be at centre of all financial and economic decisions Cop28 live – latest updates If fossil fuel companies are serious about tackling the climate crisis, they could contribute to funds for poor and vulnerable countries stricken by its effects, Spain’s environment minister has said.

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Fossil fuels Investment Sustainability Europe 56

Business Green

DECEMBER 2, 2022

With the annual 'milk round' of graduate recruitment fairs in full swing, fossil fuel firms are finding their options are narrowing. But now the industry is facing further challenges as a campaign to stop fossil fuel recruitment on campuses continues to build momentum.

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Fossil fuels Ethics Europe Education 68

DeSmogBlog

APRIL 18, 2021

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files.

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Fossil fuels Carbon-neutral Carbon-negative Carbon 98

Business Green

JULY 23, 2020

Clean energy generated more electricity than fossil fuels in the EU over the first six months of 2020, largely due to a raft of new solar and wind installations dominating an electricity market pinched by Covid-19, new findings have shown.

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Fossil fuels Electricity Europe Carbon-neutral 101

Business Green

MAY 10, 2021

Analysts have predicted that electric cars and vans will be cheaper than fossil fuel alternatives by 2027 as battery costs continue to fall, production ramps up, and new vehicle designs are developed. Electric vehicles are not only better for the climate and Europe's industrial leadership, but for the economy too.".

Fossil fuels 101

Fossil fuels Electric vehicle Electricity Batteries 101

Business Green

OCTOBER 24, 2022

Europe's ‘dash for gas’ in wake of energy crisis is 'exact opposite' of what countries should be doing to drive down energy prices and emissions, IISD concludes. The world should not develop any new sources of fossil fuels if it is stand a chance of limiting global warming to 1.5C aligned gas phase-out pathway," the study notes.

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Fossil fuels Europe Government Global warming 67

Business Green

JANUARY 28, 2021

One in 10 consumers could leave their high street bank if made aware of the institution's investments in coal, oil, and gas, survey suggests. per cent of people said they were "very likely" to consider switching to a more ethical bank once presented with the facts about the two banks' leading role in financing the fossil fuel industry.

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Fossil fuels Ethics Investment Europe 81

DeSmogBlog

OCTOBER 3, 2021

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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Fossil fuels Carbon-neutral Carbon-negative Carbon 98

DeSmogBlog

JULY 22, 2021

Former UK Energy Minister and original COP26 President Claire O’Neill has been cleared to take up a role at a business consultancy known for running “astroturf” campaigns for fossil fuel companies, despite warnings from the body that approves such appointments. Oil and Gas Industry Groups.

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Fossil fuels Business Energy Monitoring Energy Monitor Building Energy Monitoring 98

Business Green

OCTOBER 2, 2020

The university outlined a staggered approach to divestment through to 2030, and said it will invest instead in renewable energy. The University of Cambridge has committed to divest from all direct and indirect investments in fossil fuels by 2030, as the institution works towards its goal of reaching net zero greenhouse gas emissions by 2038.

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Fossil fuels Carbon-neutral Climate change Investment 101

Business Green

SEPTEMBER 23, 2020

An internet browser tool designed to "block out" websites and social media accounts belonging to companies involved in financing, extracting or burning of fossil fuels has been launched today by climate campaigners, who argue such firms are "undermining our collective future".

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Fossil fuels Europe Policy Investment 94

GreenBiz

OCTOBER 13, 2020

HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. They care as citizens, consumers and business owners.

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Fossil fuels Retail Climate change Investment 447

GreenTechMedia

DECEMBER 16, 2019

Centralized markets with prices set by the cost of marginal dispatch, most often from fossil-fuel generation, are the bedrock of most major power systems. Renewables are central to regional and national energy policies in Europe. This creates market uncertainty and impacts the viability of investment in renewables.

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Business Energy Monitoring Energy Monitor Solar Energy Monitor Building Energy Monitoring 130

Business Green

JANUARY 3, 2023

Imperial College London analysis for 2022 points to record breaking year for green energy, but stresses need to 'break our addiction to fossil fuels'. As a result, he stressed the need for the UK to "beak our addiction to fossil fuels once and for all" in order to lower costs and secure energy supplies. "If

Fossil fuels 69

Fossil fuels Energy Energy Electricity 69

Charged

MAY 10, 2022

The fossil fuel industry’s takeover of public charging infrastructure continues. This week, ABB announced plans to supply charging stations to Shell, and Volkswagen and bp unveiled a charger in Dusseldorf, Germany that will be the first unit in a planned network of fast chargers across Europe.

Europe 122

Europe Retail Fossil fuels Batteries 122

Rinexii

OCTOBER 22, 2021

2021 has shaped up to be rather a surprising year for the fossil fuel industry. After the sudden quarantine of vast swaths of the world through 2020, the shuttering of businesses, and the general loss of revenue, large fossil fuel giants are getting hammered from citizens, government, and even their own investors.

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Fossil fuels Climate change Cooling Patents 52

Business Green

MARCH 22, 2023

ShareAction issues statement calling on Europe's largest chemical companies to ramp up decarbonisation efforts European chemical companies are this morning facing fresh calls to end their reliance on fossil fuels in order to meet climate targets. The soaring cost of gas is showing how dependent this industry is on fossil fuels.

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Fossil fuels Carbon-neutral Europe Global warming 36

Business Green

FEBRUARY 16, 2023

There is growing confidence that clean technologies could start to squeeze the dominance of fossil fuels across the global economy, and potentially sooner than previously thought Whisper it, but is the dominance of fossil fuels across the global economy finally starting to wane? It's conclusions are similarly encouraging.

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Fossil fuels Global warming Europe North America 41

Smart Energy International

MAY 2, 2024

She wanted to see an interconnected on-and-offshore grid in Europe: she believes the North Sea could become a “powerhouse” and TenneT is an advocate for the creation of offshore bidding zones – separate price regions for offshore hubs in Europe. It’s about building an economic climate where we can all grow.”

Europe 52

Europe Politics Fossil fuels Energy 52

Business Green

MARCH 17, 2020

Major study backed by 250 NGOs and environmental organisations claims financing for fossil fuels has risen every year since the Paris Agreement was signed. This makes it crystal clear that banks are failing miserably when it comes to responding to the urgency of the climate crisis.

Fossil fuels 86

Fossil fuels Climate change Carbon Europe 86

Smart Energy International

OCTOBER 24, 2023

The International Energy Agency’s (IEA’s) latest World Energy Outlook (WEO) report finds that, as the world moves towards a more electrified and renewables-based energy system, which will be needed to prevent costs associated with potentially volatile fuel prices, investment in robust, digitalised grid systems will need follow suit.

Investment 97

Investment Fossil fuels Energy Energy 97

Envirotec Magazine

NOVEMBER 17, 2023

As policymakers and leaders around the world prepare for pivotal climate discussions at COP28, the sector must seize the momentum to create more renewable energy, enabling other sectors to decarbonise, and shifting demand away from fossil fuels. Vicky Sins, Decarbonisation and Energy Transformation Lead, said: “We cannot keep 1.5

Fossil fuels 147

Fossil fuels Electricity Energy Energy 147

Envirotec Magazine

FEBRUARY 5, 2024

The actions of NPG go directly against the Government’s wider agenda to move away from fossil fuels and achieve carbon net zero goals by 2050 and it is stifling investment in the area. “The North East is enjoying a renaissance for clean energy as it emerges as a key hub for renewables. The delay represents a major setback.”

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Batteries Fossil fuels Resilience Europe 264