Renew Economy

MAY 25, 2023

Investment in solar to overtakes oil for first time as world accelerates switch to renewables and fossil fuel companies pocket their super profits. The post Solar investment overtakes oil for first time as renewables chase down fossil fuels appeared first on RenewEconomy.

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DeSmogBlog

APRIL 26, 2023

Major hospital systems and medical institutions in the United States are betraying their oath to “first do no harm” through their investments in the fossil fuel sector, warns a new report from a campaign advocating for fossil fuel divestment in healthcare. private hospital systems.

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Fossil fuels Investment Health Sustainability 97

DeSmogBlog

NOVEMBER 29, 2022

Major investment funds available to UK consumers are marketing themselves as “sustainable” and “ethical” while financing fossil fuel companies, research has found. The fund with the most fossil fuel-linked holdings in its portfolio was iShares Dow Jones Global Sustainability Screened. Fuelling the Fire’.

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Fossil fuels Investment Sustainability Ethics 96

Envirotec Magazine

NOVEMBER 7, 2019

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.

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Fossil fuels Home Energy Monitoring Building Energy Monitoring Investment 176

GreenTechMedia

DECEMBER 6, 2019

billion), the European Investment Bank is one of the sector’s biggest lenders. And for every euro the EIB puts into a project or business, around seven more are invested by the private sector. According to the International Energy Agency, global renewables investment in 2018 amounted to $300 billion. billion ($14.9

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Fossil fuels Investment Natural gas Policy 203

DeSmogBlog

FEBRUARY 6, 2024

PopCon director Mark Littlewood is the outgoing managing director of the Institute of Economic Affairs (IEA), an influential free market think tank that has talked up its access to government. A number of former Tufton Street figures were appointed to government advisory roles during Truss’s short-lived tenure in Downing Street.

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Fossil fuels Global warming Policy Climate change 132

Business Green

JANUARY 27, 2023

BNEF reports that global investment in the clean energy transition rose 30 per cent last year to record levels Global investment in the clean energy transition soared to record levels last year, surpassing $1tr as the sector matched the level of investment in fossil fuels for the first time.

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Fossil fuels Investment Energy Energy 101

Business Green

AUGUST 4, 2022

The UN Secretary-General yesterday urged governments to tax the "excessive profits" of oil and gas firms and use the funds to support vulnerable households struggling with soaring energy and food costs. Conserving energy, promoting public transport and nature-based solutions are essential.". There is no place for hypocrisy.".

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Fossil fuels Government Investment Energy 100

Envirotec Magazine

DECEMBER 15, 2023

The UK government announced backing for 11 new projects to produce green hydrogen from electrolysis, on 14 December, in addition to giving a tentative green light to hydrogen blending in existing gas distribution networks.

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Government Hydrogen Europe Investment 264

Business Green

OCTOBER 20, 2021

New report from Friends of the Earth reveals none of the major UK pension schemes have plans to divest from fossil fuels. UK pension funds have invested an estimated £128bn in fossil fuels, according to a new report published today by environmental campaign group Friends of the Earth. Polluted Pensions?

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Fossil fuels Investment Climate change Pollution 86

Clean Energy Canada

AUGUST 3, 2023

“While Alberta moves full speed ahead on approving new fossil fuel projects, it inexplicably has put the brakes on developing renewable energy projects. Alberta has world-class renewable energy resources and has already established itself as a leader in Canada, attracting new investment and new jobs to the province.

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Fossil fuels Solar Power Government Electricity 91

DeSmogBlog

JANUARY 4, 2024

Three-quarters of prizes at the UK’s top sustainable advertising awards went to agencies who work for the fossil fuel industry, a DeSmog analysis has revealed. billion investment in the UK’s green energy transition. Both agencies are owned by the London-based global media group WPP. Credit: Sam Whitham.

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Fossil fuels Pollution Plastics Sustainability 135

Business Green

MARCH 19, 2021

Study from IEA and Imperial highlights decade of clear evidence that renewables firms are performing better than fossil fuel-focused businesses. Our research demonstrates that all over the world renewable power has outperformed fossil fuels," he said.

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Fossil fuels Investment Energy Energy 93

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 93

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

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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Fossil fuels Investment Pollution Global warming 98

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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Fossil fuels Investment Climate change Global warming 98

Envirotec Magazine

NOVEMBER 8, 2021

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 degrees in reach.”.

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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 93

Business Green

NOVEMBER 22, 2021

The boss of the Environment Agency has declared that coal and oil are "no longer safe bets" for investors, warning that banks that failed to divest from fossil fuels would be left behind by the market. He said investors that continued to invest in fossil fuels were exposing themselves to major financial risks.

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Fossil fuels Investment Methane Politics 101

DeSmogBlog

MAY 31, 2022

A fossil fuel executive recently told Fortune , “Appalachia is the elephant in the room,” referring to the claim that demand for natural gas is rising, while supply in Appalachia and the United States is falling. But what he gets wrong is that the future does not entail further dependence on fossil fuels.

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Fossil fuels Natural gas Health Pollution 98

Clean Energy Canada

MARCH 3, 2023

VANCOUVER — British Columbians overwhelmingly prefer the government to focus on developing renewable energy (64.0%) over LNG (18.2%), according to a new public opinion survey conducted by Stratcom for Clean Energy Canada. who would support fossil fuel subsidies. Among NDP and undecided voters, opposition is even higher.

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Fossil fuels Energy Energy Climate change 109

Business Green

MARCH 27, 2023

The government is widely expected to unveil a wave of decarbonisation and energy policies on Thursday as part of a package that had been badged as 'Green Day' by Whitehall insiders. Green day was supposed to be an opportunity to get back in the green race, but this is just supporting [fossil fuel] lobbies."

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Fossil fuels Government Packaging Policy 86

The Guardian: Energy

MARCH 13, 2024

Green MP Caroline Lucas says call for investment in gas-fired power plants is election ploy that will jeopardise UK’s net zero target Green MP Caroline Lucas has accused the government of stoking a culture war on climate issues by calling for more investment in new gas-fired power plants before a general election.

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Government Fossil fuels Investment Energy 71

The Guardian: Energy

SEPTEMBER 13, 2023

We must join them If Labour wants an energy transition in which working people don’t foot the bill, it has to address fossil fuel companies’ secret weapon against national climate laws: the energy charter treaty (ECT).

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Fossil fuels Law Policy Government 83

Business Green

FEBRUARY 25, 2020

Royal College of Psychiatrists and Jesuits in Britain become latest groups joining growing movement to remove their financial interests in fossil fuels. That is why the British public expect the UK to meet its climate commitments, including credible net-zero policies with the public and private investment necessary to achieve them.".

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Fossil fuels Investment Climate change COP 95

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 invested in fossil fuels, according to campaigners. It currently has an estimated £3.1

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Fossil fuels Investment Government Europe 98

Low Impact

AUGUST 11, 2021

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. It looks as though, in a corporate-dominated, growth economy, no fossil fuels are going to be left unburnt. How are they doing?

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Fossil fuels Packaging Government Carbon 101

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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Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 96

Planet Pulse

JANUARY 11, 2024

In this week’s issue : We kick off our energy series with the top dog: fossil fuels Orange rivers in Alaska A river mystery in Colombia Feature Story: Energy: Fossil Fuels If you’re reading this then you owe gratitude to fossil fuels. But fossil fuel companies aren’t quite shaking in their boots yet.

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Fossil fuels Building Energy Monitoring Energy Monitor Energy 52

Financial Times: Energy

JANUARY 10, 2024

While governments backtrack on emissions targets, wealth firms continue to back the energy transition

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Fossil fuels Investment Government Energy 81

Business Green

MAY 29, 2020

International Energy Agency and Imperial College London research further underlines strong investment case underpinning renewables sector. In the US, renewable power stocks rose over 200 per cent between 2010 and 2020, more than double the total gains for fossil fuel stocks, which climbed 97 per cent.

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Fossil fuels Investment Climate change Resilience 88

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 17, 2021

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. Residential emissions, meanwhile, make up 10 per cent of all carbon emissions in Wales.

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Fossil fuels Government Climate change Carbon 101

DeSmogBlog

DECEMBER 10, 2021

An in-depth article by the website Carbon Brief argues that the fuel is unlikely to be taken up universally, particularly as “the volume required to satisfy all the possible applications for low-carbon hydrogen would likely far exceed the amount available, even if production is significantly scaled up.”. Credit: Gaia Lamperti.

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Business Green

FEBRUARY 6, 2023

But the UN chief once again reserved his fiercest criticism for "the bottomless greed of the fossil fuel industry and its enablers", as he took aim at the hundreds of billions of pounds of profits enjoyed by oil and gas companies in the wake of soaring energy prices sparked by Russia's war in Ukraine. "I No more baby steps.

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Business Green

NOVEMBER 7, 2023

Speech confirms plans for annual oil and gas licensing rounds, as government also promises action to boost renewables investment, accelerate clean energy grid connections, and deliver new self-driving vehicles

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Fossil fuels Government Investment Energy 95