The Slow Death of King Coal
Slowly but surely the concept of “stranded assets” is taking hold and dirty coal looks likely to take the first big hit from a huge Norwegian pension fund.
Read the latest insights and analysis from the experts at Oil Change International.
Slowly but surely the concept of “stranded assets” is taking hold and dirty coal looks likely to take the first big hit from a huge Norwegian pension fund.
Over 60 foreign companies are preparing to bid for rights to explore for oil or gas in 30 offshore fields in the latest bidding round in Burma, described by the Financial Times as one of the most exciting for years.
Canada’s monitoring of the dirty tar sands is clearly failing the local communities, despite attempts by the region's politicians to spin it otherwise.
Suddenly reserves worth billions of dollars are being thought of “stranded assets”, and that should include the tar sands.
Chinese companies are changing their investment strategies, with implications for the global energy market
Scientists have released yet another academic study that indicates the growing ecological impact of the tar sands.
Last week, President Obama lauded the fact that America was poised to become the number one energy producer in the world this year.
As fracking fervour sweeps across Europe, the region’s politicians yesterday narrowly voted to force energy companies to carry out in-depth environmental audits before they frack.
In spite of a heightened institutional focus on combating climate change, the World Bank increased its lending for fossil fuels over the last year. Meanwhile, the World Bank also has a ways to go in terms of tackling its objective of supporting universal access to energy, as only 8 percent of the Bank’s energy portfolio last year targeted the world’s poorest.
For over a decade now a growing band of activists and enlightened financiers have argued that if we are going to tackle climate change then a proportion of fossil fuels have to stay in the ground.