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Banks Due At UK’s ‘Green’ Investment Summit ‘Financed £700 Billion in Fossil Fuels Since Paris Agreement’

DeSmogBlog

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. billion in 2020.

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Governments Are Sending Oil Executives to COP26 Despite Climate Pledges. Here’s a Look at the Fossil Fuel Influence in Glasgow

DeSmogBlog

Fossil fuels are everywhere at this COP except in the decisions being negotiated by governments,” Nikki Reisch, the director of climate and energy at the Center for International Environmental Law, wrote to DeSmog from Glasgow. Oil Majors Show up in Disguise.

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New UN report could be a game-changer for climate lawsuits

Grist

The United Nations Intergovernmental Panel on Climate Change’s sixth assessment report , released on Monday, contained some of the group’s strongest language yet affirming the link between human activity and global warming. In other words, “How much has an individual fossil fuel company contributed to climate change?”

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Why California is Taking Big Oil to Court — and Why it Matters

DeSmogBlog

The pair of California leaders were there to discuss the lawsuit the state had recently filed against Big Oil on behalf of the people of California to hold fossil fuel companies accountable for the effects of climate change. But California is the first fossil-fuel-producing state to do so. History in the making….

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Shareholder Activism Faces Big Oil Obstruction Playbook When Pushing for Climate Action

DeSmogBlog

From repeated calls for a fossil fuel “phase out” to campaigns to regulate the oil and gas industry, pressure against Big Oil is stronger than ever and isn’t only coming from outside. Oil and Gas Playbook vs. Shareholder Activism In the face of increasing shareholder activism, fossil fuel companies are resistant.

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Why the Belief That Carbon Capture Technologies Can Work at Gigaton-Scale Is a Gigantic Gamble

DeSmogBlog

With the start of the 28th annual United Nations climate summit, COP28, just two weeks away, a battle is brewing over the role of fossil fuels as nations try to stem the tide of climate change. Now, a new report shows that fossil fuel production by 2030 is set to exceed the level that would be compatible with limiting warming to 1.5°C

Carbon 87
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California Targets Nearly $400M to Fill Gaps in EV Charging Infrastructure

GreenTechMedia

Another $70 million will go toward hydrogen refueling infrastructure, with $25 million more for “zero- and near-zero carbon fuel production and supply” to meet the need for alternatives to battery-powered vehicles in the decades to come. This week's announcement follows on Gov. and the Netherlands. and the Netherlands.