This report, “Public Enemies: Assessing MDB and G20 international finance institutions’ energy finance” looks at G20 country and MDB traceable international public finance for fossil fuels from 2020-2022 and finds they are still backing at least USD 47 billion per...
A new analysis shows the Asian Development Bank has spent $4.7 billion financing gas projects in the region. This undermines its stated commitments on climate and efforts to achieve a “prosperous, inclusive, resilient, and sustainable Asia and the Pacific.”
The world is on track to produce about 120 per cent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5 degrees, and 50 per cent more than would be consistent with limiting warming to 2...
BlackRock is the world’s largest fund manager, which has nearly US$6.5 trillion of assets under management. BlackRock may be wealthy, but that does not make it wise.
Time Magazine "once a soldier for truth" has "fallen casualty to the forces of greed and deception."
With refinery exports booming, the Gulf Coast awash in oil and oil companies ditching the tar sands, the energy security case for Keystone XL is more spurious than ever.
[caption id="attachment_21992" align="alignright" width="300"] Activists in Paris call for fossil fuel subsidies to be phased out by 2020[/caption] Just last year, Canada's Liberal Party campaigned on a promise to start winding down subsidies to fossil fuel producers. Now that they’ve been...
The barricades have been drawn. On the one side stands one of Britain’s leading unconventional energy companies, Cuadrilla. On the other side stands the rural village of Balcombe in the rolling hills of rural Sussex.
Just under 60,000 people have now signed a petition that demands that the French energy company EDF drop a sinister lawsuit against 21 climate change activists who occupied one of its power plants last year.
Anyone who regularly reads this blog – or any other oil-related one – will know that the oil majors are running out of places to find oil. That’s why countries with huge reserves such as Iraq and Libya are seen...
