As COP29 enters its fifth day in Baku, the stark choice facing negotiators is clear: either deliver real solutions through public grants of at least $1 trillion annually in public funds, or fall back on inadequate private sector mechanisms that...
Some of the world’s best known oil companies, including Shell, BP, Statoil and Total, face the humiliation of having a ratings downgrade, the internationally respected ratings agency, Moodys, has warned.
Poor old Shell. Last week it was humiliated in a spoof action by Greenpeace and the Yes Men. This week its corporate reputation takes a battering in a report by the Alaska Wilderness League. The 51 page report, published as...
It is the latest twist in the on-going soap opera of Ecuadorian oil. You have the Indigenous Indians fighting in the courts in a multi-billion battle against Texaco’s lethal toxic legacy – a battle that has been going on for...
A new report, Banking on Climate Change 2020, reveals that 35 private-sector banks across Canada, China, Europe, Japan, and the U.S. have financed fossil fuels with USD $2.7 trillion since the Paris Agreement was adopted (2016-2019), with financing on the...
The IEA's latest methane data exposes the failure of industry-led voluntary initiatives to reduce methane emissions.
Although the 2022 Atlantic hurricane season is far from over, it is already leaving a lethal legacy. Six days on from Hurricane Ian landing in Florida, the full extent of the deadly damage wrought by the monster storm is becoming...
A small community of French-speaking Native Americans, who have lived on the low-lying Isle de Jean Charles in Louisiana for generations, have become America’s first official climate refugees.
Earlier this month, BP’s beleaguered Chief Executive Bob Dudley warned that the falling oil price had created a “raging gale” for the oil industry which could last for years.
OK, this week is turning into a tar sands one. The Koch brothers may be keen on cooking the climate by investing in the tar sands, but the EU is one place they may not be able to sell their...
