DeSmogBlog

OCTOBER 20, 2021

French oil giant Total knew that its fossil fuel extraction could contribute to global warming as early as 1971 but stayed silent about it until 1988, according to a new study. In 2018, 89 percent of global carbon dioxide emissions came from fossil fuels and industry. Fifty Years Ago’.

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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.

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GreenBiz

JANUARY 3, 2022

The Insight Report, Coal, Deforestation, Zero-Emission Vehicles: A Closer Look at Six Key Commitments from the COP26 Climate Conference examines six commitments made by nations around the world to eliminate greenhouse gas emissions, reduce global warming and avert potential disaster.

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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.

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Grist

APRIL 4, 2022

Nations have moved too slowly to curb climate change, and now must take swift and aggressive steps if they hope to avoid the worst impacts of global warming, the world’s top scientists warned on Monday. degrees Fahrenheit) of warming. degrees C and potentially past 2 degrees C of warming. degrees Celsius (2.7

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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.

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Fossil fuels Policy Investment Global warming 73

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.

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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. Much of the new renewable capacity being built around the world is being offset by new coal and gas capacity, leaving the global generation mix more or less how it was in 2000.

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Business Green

FEBRUARY 6, 2023

The world's top diplomat used a speech today at the UN headquarters in New York City to deliver a characteristically stark warning of the impending climate and biodiversity crises facing the world, noting global warming risks "hurtling past" the 1.5C We need a renewables revolution, not a self-destructive fossil fuel resurgence."

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DeSmogBlog

SEPTEMBER 9, 2021

Scientists believe that stabilising our warming world’s temperature at 1.5C Fossil fuels such as coal, oil and natural gas are the source of just over 80% of the world’s energy. To avert catastrophic warming, the global community must rapidly reduce how much of these fuels it extracts and burns.

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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.

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Fossil fuels Carbon-neutral Energy Monitor Home Energy Monitoring 73

Business Green

AUGUST 31, 2020

Just 10 per cent of global utility firms prioritising renewables over fossil fuel investments, University of Oxford research finds. Moreover, many of these firms had continued to invest in fossil fuels in parallel with renewables, albeit at a slower rate than for clean energy, according to the study.

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Smart Energy International

APRIL 5, 2022

The report examines the sources of global emissions, explains developments in emissions reduction and mitigation efforts and assesses the impact of national climate pledges. One of the report’s key findings is that limiting global warming will require major transitions in the energy sector. C is beyond reach.

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DeSmogBlog

APRIL 21, 2022

Adani also met Johnson at the UK government’s “ global investment summit ” in October ahead of the UN COP26 climate summit hosted in Glasgow, Scotland. ‘Consigning Coal to History’ The UK has used its presidency of COP26 to call for a global phase-out of coal-fired power. degrees Celsius above pre-industrial levels”.

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Envirotec Magazine

DECEMBER 20, 2023

The headline commitment of COP28 was the pledge to transition away from fossil fuels. Many commentators also appeared to believe that the “UAE Consensus” – as the deal was dubbed – leaves plenty of scope to continue burning fossil fuels, while also being woefully short on the financial commitments required to realize its aims.

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Business Green

JUNE 1, 2021

Letter from 50 campaign groups urges government to heed recent advice of International Energy Agency that growing fossil fuel supply is incompatible with a 1.5C The court ruling was hailed by climate campaigners as a watershed moment that could potentialy pave the way for other climate litigation against major fossil fuel firms.

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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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DeSmogBlog

MARCH 11, 2024

Reform campaigns to “scrap all of net zero” and last year received £135,000 from donors who deny climate science or have business links to fossil fuels. He has suggested that coal, the most polluting fossil fuel, is environmentally sustainable because “coal 100 million years ago was trees and plants”.

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DeSmogBlog

FEBRUARY 15, 2024

Last month, Energy Security and Net Zero Secretary Clare Coutinho met with and praised fuel pricing lobbyist Howard Cox , a Reform UK candidate who wants to “scrap net zero” and claims that “man is not responsible for global warming”. million in donations from fossil fuel interests and climate science deniers in 2022.

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Business Green

OCTOBER 24, 2022

The world should not develop any new sources of fossil fuels if it is stand a chance of limiting global warming to 1.5C in line with international climate goals, as there are already enough supplies of gas required to meet global demand, a major new study today has concluded.

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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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Business Green

SEPTEMBER 29, 2021

Over 600 businesses including Unilever, Netflix, and Volvo Cars have signed an open letter urging world leaders to strengthen short and long term climate targets, end support for fossil fuels, and ramp up climate finance ahead of crunch talks at the G20 and COP26 summits this autumn.

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The Verge: Energy

OCTOBER 24, 2023

It’s not a question of ‘if,’ it’s just a matter of ‘how soon’” With renewables now the cheapest power source, solar and wind energy are loosening fossil fuels’ grip on the global economy. The IEA now expects electric heat pumps outselling fossil fuel boilers globally by the end of the decade.

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Business Green

NOVEMBER 22, 2022

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion. Furthermore, 77 per cent of customers said that they had no idea that their banks were financing fossil fuel expansion.

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Fossil fuels Investment Global warming Carbon 41

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?

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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

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Green Market Oracle

MARCH 18, 2020

The world still gets about 80% of its energy from fossil fuels today which generate the lions share of emissions. According to the EIA , in 2017, carbon dioxide (CO2) emissions from burning fossil fuels for energy were equal to about 76% of total U.S. We continue to burn fossil fuels at a prodigious rate.

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Business Green

JANUARY 26, 2022

Oil prices may have surged in recent months, but investing in new fossil fuel projects risks 'catastrophic levels of value destruction' when prices fall, new Carbon Tracker analysis warns. are to be kept alive.

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Business Green

MAY 16, 2022

We see clearly the dangers of energy systems powered by foreign fossil fuels," Sharma said. "We In short, we see that climate security is energy security and that we must break our dependency on fossil fuels.". We see the benefits of low cost, homegrown renewables, the price of which cannot be manipulated from afar. "We

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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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Business Green

FEBRUARY 18, 2021

The world's biggest firms driving the development of clean energy, electric vehicles, sustainable forestry, and other crucial green solutions continue to outperform the broader global market, "leaving fossil fuel companies in the dust", according to fresh investor research released today.

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DeSmogBlog

APRIL 15, 2024

A new campaign is calling on MPs to break the fossil fuel sector’s “chokehold” on politics in a critical election year. The message forms the name of the campaign by Climate Resistance, a new collective that aims “to push the fossil fuel lobby out of Westminster and stop polluters from bankrolling political parties”.

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Business Green

OCTOBER 7, 2021

Governments and energy companies should look beyond carbon dioxide and ensure their climate plans include drastic action to reduce the methane emissions from fossil fuel operations, the International Energy Agency (IEA) has warned today. And the benefits in terms of avoided near-term warming are huge.

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The Environmental Blog

MAY 22, 2021

It has driven awareness about serious issues like Global Warming and Climate Change. This awareness has led to both governments as well as normal human beings trying to take steps to make the transition from fossil fuels to clean energy. Many homes have started investing in appliances like solar air conditioners.

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Smart Energy International

OCTOBER 17, 2023

The IEA in a new report points to signs that grids are becoming a bottleneck to clean energy transitions and that delayed action means prolonging reliance on fossil fuels. IEA executive director Fatih Birol commented in a press conference: “The problem is the investments. o C, with a 40% chance of exceeding 2 o C.

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GreenBiz

MARCH 31, 2021

Those processes use a lot of energy and largely come from fossil fuels; one-third of U.S. To achieve net-zero economy-wide emissions by 2050 and limit global warming, industrial emissions must drop while still meeting societal needs. greenhouse gas emissions come from industry. Start with heat.

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DeSmogBlog

OCTOBER 19, 2023

Almost 100 universities that have pledged to shed ties to the fossil fuel industry still bank with financial institutions that have collectively provided $419 billion (£345 billion) to polluting interests between 2016 and 2022. million in funding from fossil fuel companies since 2022.

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