article thumbnail

‘Wilful Ignorance’: Indigenous Delegation Incredulous At Bankers’ Attitude to Fossil Fuel Impacts

DeSmogBlog

Indigenous delegates said they had been amazed at the “wilful ignorance” they encountered when demanding global banks cease financing new fossil fuel projects on their ancestral lands in what is today North America. HSBC, Credit Suisse, and Barclays finance TransCanada, campaigners say. and Canadian emissions.

article thumbnail

Global Power Sector Embracing Renewables but Ditching Fossil Fuels Too Slowly

GreenTechMedia

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. That dash for gas increases the risk of assets being stranded in the event of decarbonization being pressed along by governments and regulators.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Engie Looking for More US Clean Energy Acquisitions: North America CEO

GreenTechMedia

where the company plans to ramp up its investments into grid-scale batteries, hybrid renewables projects and offshore wind, says North America chief Gwenaelle Avice-Huet. ” said Avice-Huet, who moved from France to Texas a year ago to oversee Engie’s 6,300-person North America division. ” No new U.S.

article thumbnail

The Pacific Northwest Has Defeated Dozens of Fossil Fuel Projects — But the Industry Still Wants to Quietly Expand

DeSmogBlog

New large-scale fossil fuel projects have become mostly unworkable in the Pacific Northwest, with dozens canceled over the past decade due to fierce opposition from local communities. A few high-profile defeats for the fossil fuel industry stand out. But the industry’s blitz is not yet over. ” – Emily Moore.

article thumbnail

Ecopetrol Joins Greentown Labs as a Terawatt Partner

Greentown Labs

and Houston, Texas, March 19, 2024 — Greentown Labs, the largest climatetech incubator in North America, today announced leading integrated energy group Ecopetrol as its newest Terawatt Partner—the highest level of engagement with the incubator.

article thumbnail

Portland City Government Compromised with Oil Industry in Private, Documents Suggest

DeSmogBlog

In the summer of 2022, faced with a very real opportunity to confront the fossil fuel industry, potentially forcing the facility to halt oil train shipments entirely, the city instead chose to strike a compromise that allows the oil facility to continue to operate. You’re in the driver’s seat.

article thumbnail

Survey: Global energy industry leaders demand government action to address soaring costs

Business Green

World Energy Council research indicates growing confidence that Covid, climate, and conflict will accelerate net zero transition, but also highlights industry's renewed interest in fossil fuels. Respondents also warned that only very limited government action had been taken to date to address energy security and affordability issues.