Sen. Bernie Sanders and Rep. Ilhan Omar reintroduced the End Polluter Welfare Act, the most comprehensive legislation to address the billions in special interest subsidies that disproportionately flow to the oil, gas, and coal industries.
Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JP Morgan Chase, Mizuho, and Bank of America are worst 3 funders
The 15th annual Banking on Climate Chaos (BOCC) report employs a new, expanded data set that credits each bank making financial contributions to a deal instead of only crediting banks in leading roles. It cuts through greenwash, covering the world’s top...
The disconnect is terrifyingly stark. Last week, the Guardian newspaper reported that the “World’s top climate scientists expect global heating to blast past 1.5C target”, with the planet heading for at least 2.5C of warming “with disastrous results for humanity."
Japan is continuing to drive the expansion of fossil fuels across Asia and is derailing the transition to renewable energy. This harms communities and ecosystems, undermines energy security, and worsens the climate crisis. The facts speak for themselves.
Japanese financing of LNG projects has a legacy of environmental and human harm, especially along the US Gulf Coast. Japanese private banks (MUFG, Mizuho, SMBC) are the top three financiers for LNG export terminals in the U.S., and the U.S....
New report shows that between 2020 and 2022, G20 governments and the multilateral development banks (MDBs) provided $142 billion in international public finance for fossil fuels, almost 1.4 times their support for clean energy in the same period.
A new report finds that the EU's demand for gas is set to decline significantly in line with climate targets, eliminating the need to expand supply from new fields or infrastructure. In the report, On Thin Ice, the authors model...
Last month, it was widely reported that another chapter in Shell’s dirty and disastrous eighty-seven-year operations in the Niger Delta was coming to an end, with the company selling its onshore business.
While Manchin and his industry allies spread tired old myths about America saving the world from Putin and Chinese coal plants, the reality is the energy transition is already moving away from gas faster than most people think. That action...
