A new analysis released today highlights how European Investment Bank (EIB) financing of fossil fuel projects – in particular gas pipelines and LNG terminals – is not compatible with EU climate commitments or the aims of the Paris Agreement.
Today at COP28, Total CEO Patrick Pouyanné said that the international oil major would call for the release of imprisoned Ugandan StopEACOP activists.
Unless we kick dirty money out of politics and put communities and safety first, there will be more railroad disasters. Until then, the people of East Palestine deserve the dignity of the truth and whether their air is safe to...
Whereas Big Oil bosses still continue a strategy of climate denial, the majority of oil workers would switch to jobs in the renewable industry.
Is it not time, with the threat of increasing political and economic instability and the growing risk of climate change, that we finally recognize the costs of fossil fuel dependency are too high?
This 10th annual "Banking on Climate Change" fossil fuel finance report card reveals that overall bank financing continues to be aligned with climate disaster, and that financing for fossil fuels has increased every year since the Paris Agreement was signed.
This increases the number of signatories to 29 and the annual average of potential public finance shifted out of fossil fuels and into clean energy to at least USD 21.7 billion per year.
Increased recognition from governments, institutions, and even parts of the financial sector of the role of fossil fuels in climate change represents a sea change from where we were even just a few years ago. The importance of phasing out...
Two U.S. initiatives to provide Africans with electricity seem likely to lead to large, climate-polluting projects rather than the locally sourced renewable energy rural Africa needs.
A BP presentation to investors from March 2010 – a month before Deepwater – is doing the rounds on the net after being picked up by Propublica. In fact the presentation to analysts is on BP’s own website. The presentation...
