2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels.

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. The unprecedented COVID-19 dip in global financing for fossil fuels offers the world's largest banks a stark choice point going forward," she said.

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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. And energy providers the world over are rushing to slash their reliance on fossil fuels as the clean energy transition gathers pace. .

Carbon 'rainbow': Unilever pledges $1.2B to scrub fossil fuels from cleaning products

GreenBiz

to scrub fossil fuels from cleaning products. More than 46 percent of Unilever's cleaning and laundry products' carbon footprint is incurred by chemicals made from fossil fuel-produced carbon, most of which are used in surfactants. .

‘We are at a crossroads’: New IPCC report says it’s fossil fuels or our future

Grist

Greenhouse gas emissions must peak within the next three years, and in the next eight, the world must push fossil fuels aside, rapidly scaling up the use of clean energy like wind and solar. Investing in new fossil fuel infrastructure is moral and economic madness,” U.N.

G20 stimulus plans favouring fossil fuels

Eco-Business

A ‘remarkable departure’ from long-term rises in energy-related emissions is being undermined by government responses to the pandemic, a new assessment has found

Mapped: Europe’s Fossil Fuel-Backed Hydrogen Lobby

DeSmogBlog

The UK government’s Hydrogen Strategy , launched in August, promises to develop a “thriving low carbon hydrogen sector” as a “key plank” of its climate plans, and the fuel was given pride of place at a “Hydrogen Transition Summit” hosted in Glasgow during the recent UN climate talks.

European energy crisis proves the lie of ‘stable’ fossil fuels

Renewable Energy World

We are hurtling towards the coldest quadrant of the year, and with that in mind, many people are beginning to think about the cost of their fuel consumption over the winter period. Designed to be a significant supplier, Groningen has been causing problems of late for the Dutch Government.

ExxonMobil Announces $10 Billion Oil Investment the Same Day IPCC Signals End for Fossil Fuels

DeSmogBlog

“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.

Peers Urged to Sell Shares in Russian Fossil Fuel Companies

DeSmogBlog

Fossil fuel connections should be ousted from our political system so we can get on with the urgent reconfiguration of the system we need,” he said. Peers also have stakes in lesser-known fossil fuel companies.

Ex-COP26 President’s Role at Fossil Fuel ‘Astroturfing’ Firm Approved

DeSmogBlog

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.

The European Investment Bank Has Quit Fossil Fuels. Now What?

GreenTechMedia

So the EIB's confirmation last month that it would effectively end support for fossil fuels garnered widespread attention — as much for the signal it sends as for the additional impact the bank can make with the freed-up funds.

As California Considers Dropping Fossil Fuels from Major Pension Funds, New Report Calls Out ‘Misinformation’ on Costs

DeSmogBlog

A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers.

The Greenwashing Files: Fossil Fuel Giants Accused of ‘Deceptive’ Advertising

DeSmogBlog

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.

Boris Johnson Meets Coal Baron on India Tour Despite Calling For End to Dirtiest Fossil Fuel

DeSmogBlog

Boris Johnson has met with the head of an Indian multinational conglomerate building Australia’s largest coal mine, despite having called on the world to phase out the fuel as part of the UK’s COP26 presidency.

Fossil fuels are the path to an unaffordable future, not carbon pricing

Clean Energy Canada

The best way to benefit the bank accounts of Canadian families is to switch to technologies that reduce or avoid fossil fuels altogether. Additionally, many of these solutions are eligible for government grants or incentives that make them more affordable and accessible.

“The end of the fossil fuel era” may be in sight following COP pledge

Envirotec Magazine

The end of the fossil fuel era appeared to have come a significant step closer with the signing of a joint commitment to phase out coal on day four of the COP summit (4 November). A coal power station in Canock, Staffordshire (image credit: Catherine Poh Huay Tan , CC BY 2.0 license).

COP 130

Fossil fuel wind-down

Impact Alpha

The government could snap up the four biggest U.S. The post Fossil fuel wind-down appeared first on ImpactAlpha. ImpactAlpha, Mar. 24 – You know the ground has shifted when nationalization of the oil industry is considered “a moderate proposal” as The New Republic put it. The market has already written down the oil majors as growth stocks and values them mostly as cash cows. paywall Climate Finance Signals

Just Two Countries Mention Need to Cut Fossil Fuel Production at COP26 ‘Greenwashing’ Stands

DeSmogBlog

GLASGOW, SCOTLAND – Only two of the 35 stalls lauding countries’ green credentials at the COP26 UN climate summit mention the need to cut fossil fuel production — the chief cause of the carbon emissions driving climate change. . No Place for Fossil Fuels’.

£3.3 trillion fossil fuels subsidies by G20 countries since Paris Climate Agreement

Low Impact

All governments, including the UK, are telling us that they’re laser-focused on reducing carbon emissions. We have to stop burning fossil fuels and leave them in the ground. trillion in subsidies for fossil fuels.

Guardian halts fossil fuel advertising

Business Green

The Guardian has today become the first major global news organisation to announce a ban on advertising from oil and gas companies, despite the fossil fuels industry's role as a major advertiser and the media outlet admitting it faces a "precarious" financial future.

‘Desperate’ for workers, will clean energy embrace fossil fuel professionals?

Renewable Energy World

of Energy, and a longtime renewable energy entrepreneur, launched a discussion earlier this month about the acceptance of fossil fuel industry professionals in the advanced energy economy. . This piece begins less like an article and more as an open conversation.

Op-ed: US COVID-19 Bailouts Gave Bonuses to Fossil Fuel CEOs While Workers and Planet Suffered

DeSmogBlog

fossil fuel industry has continued what it has always done: advance its own interests at the expense of people and the planet. response to COVID -19 has enabled an insidious pattern of fossil fuel companies receiving government handouts, despite struggling long before the pandemic.

The Rise and Fall of the Fossil Fuel Industry

Rinexii

2021 has shaped up to be rather a surprising year for the fossil fuel industry. Fossil fuels seem so necessary for our day to day lives, and so flush with cash, that standing up to them did not seem possible. Before there were fossil fuel companies.

Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

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.

Scottish investment call to support move away from fossil fuel heating

Envirotec Magazine

A new report makes the case that if Scotland is to successfully end its contribution to climate change by 2045, there has to be a significant increase in public spending to help move homes and other buildings away from a reliance on fossil fuel heating. Currently around half of all Scotland’s energy usage is for heating, with the majority of that coming from fossil fuel gas. Energy Saving & Storage Scottish Government Vivid Economics WWF Scotland

An FTI Consulting Presentation Pulls Back the Veil on Fossil Fuel PR

DeSmogBlog

FTI’s 2015 presentation , obtained by DeSmog, offers a rare glimpse at what PR firms offer to fossil fuel companies and how they work their messaging and strategies into news articles and headlines.

University in ‘Europe’s Oil Capital’ Votes to Divest from Fossil Fuels

DeSmogBlog

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 invested in fossil fuels, according to campaigners.

Sweden to develop plan to phase out fossil fuel cars

Charged

Sweden’s government has appointed a commission of inquiry to offer proposals on when and how sales of new fossil fuel cars, and fossil fuels themselves, should be phased out. The commission is to propose a year by which fossil fuels should be phased out in Sweden, and the measures needed for this to happen in the most cost-effective manner possible. Source: Government Offices of Sweden Image: Nicolas Raymond.

Central Banks Helping Funnel Trillions of Dollars into Fossil Fuels Despite Climate Pledges, Research Finds

DeSmogBlog

Central banks are continuing to help channel trillions of dollars into fossil fuels through policy decisions and direct financing, with overall sums rising in recent years, a new report has found.

Indigenous Resistance Instrumental in Stopping High-Profile Fossil Fuel Projects, Says Report

DeSmogBlog

The efforts of Indigenous peoples in North America have helped block or delay a long list of major fossil fuel projects over the past decade, successfully leading to the avoidance of a massive amount of greenhouse gas emissions, according to a new report. government.

The heat is on: Netherlands set to ban fossil fuel boilers from 2026

Business Green

The Netherlands becomes latest country to confirm plans to phase out fossil gas boilers, as UK MPs lament failure to beef up heat pump policies.

‘Majority of Fossil Fuels Must Stay in Ground to Meet 1.5C Goal’

DeSmogBlog

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. Fossil Fuel Rationing.

UK pension funds invest £128bn in fossil fuels, report reveals

Business Green

New report from Friends of the Earth reveals none of the major UK pension schemes have plans to divest from fossil fuels.

Extinction Rebellion to Target London’s Financial District Over Fossil Fuel Funding

DeSmogBlog

The environmental activist group Extinction Rebellion (XR) is planning a series of protests targeting the City of London to demand an end to investments in fossil fuels around the world. No New Fossil Fuel Investments’.

Climate Advocates Voice Concerns Over Fossil Fuel Handouts in Stalled Infrastructure Legislation

DeSmogBlog

While she sees value in her work on the task force, she told me that her plans to build back better are not reliant on any government. We urge you to oppose a carbon tax and instead pursue other revenue streams to pay for critical infrastructure, such as eliminating fossil fuel subsidies.”.

House Republicans with Ties to Fossil Fuel Industry Head to COP26 Climate Talks

DeSmogBlog

Several of the GOP House members, however, have a long track record of climate denial as well as of accepting large donations from the fossil fuel industry. The post House Republicans with Ties to Fossil Fuel Industry Head to COP26 Climate Talks appeared first on DeSmog.

Government touts £200m green bus funding as it eyes end to fossil fuel bus sales

Business Green

Government eyes end date for sales of new fossil fuel buses by 2032 at the latest, as it touts fresh funding for zero emissions buses across England.

Fossil Fuel Industry Given Billions in EU Hydrogen Support, Report Finds

DeSmogBlog

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. . For a fossil free recovery, we need fossil free politics,” she said.

Tory MP Leading Net Zero Backlash is Linked to Lobbyist With Hidden Fossil Fuel Interest

DeSmogBlog

The chair of a campaign by backbench Tory MPs against climate action runs a parliamentary group with a lobbyist who has an undeclared interest in the continued use of fossil fuel-powered vehicles, DeSmog can reveal. NZSG member Julian Knight is also in the Fair Fuel APPG.

Welsh Government to ban fossil fuel heating in new social homes from October

Business Green

Our new ‘Creating Beautiful Homes and Places' building standards show the bold and immediate action we are taking in responding to the climate emergency," said Julie James, the Welsh Government's Minister for Climate Change.

Fossil Fuel Tax Programs to Cut Emissions Lead to Lots of Industry Profit, Little Climate Action

DeSmogBlog

The fossil fuel industry and its investors have financially benefited from tax policies and subsidies designed to reduce the emissions from oil, gas, and coal — sometimes without taking the action required to tackle climate change. We need to keep fossils fuels in the ground.

Baltimore, Rhode Island Argue They’re Suing Fossil Fuel Companies Over Climate Deception

DeSmogBlog

Read time: 5 mins At a time when fossil fuel companies are using a public health crisis to demand financial and regulatory support , the governments of Baltimore and Rhode Island are calling out a “decades-long campaign of deception” by these companies in urging courts to advance lawsuits trying to hold polluters responsible for climate damages.