Four Global North countries - the United States, Canada, Norway, and Australia - are responsible for nearly 70% of projected new oil and gas expansion from 2025 to 2035. If this oil and gas expansion is allowed to proceed, it...
For weeks now, climate scientists and activists have looked increasingly aghast at the unrelenting heat and floods ravaging our baking earth. The pace and scale of the daily climate disasters have alarmed them. And our daily climate breakdown shows no...
The third and final installment in a series of blogs on the IEA's Special Report on gas and energy transitions. This blog discusses the IEA's analysis of methane leakage and its faith in carbon capture and storage.
FOR IMMEDIATE RELEASE April 16, 2018 US Commercial Banks In For a Spring of Fossil Fuel Resistance US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making...
The report finds that major private banks funneled $115 billion into extreme fossil fuels in 2017, an increase of 11% from 2016. The single biggest driver of the increase in financing came from the tar sands sector, where financing grew...
The UK House of Commons Environmental Audit Committee have launched a inquiry into Accelerating the transition from fossil fuels and securing energy supplies, which is scrutinising the UK Government’s Energy Security Strategy and its North Sea Transition Deal (for oil and gas...
The 16th annual Banking on Climate Chaos (BOCC) report covers the world’s top 65 banks’ lending and underwriting to over 2,700 fossil fuel companies. While the world’s top scientists from the International Energy Agency (IEA) repeatedly state that there is...
Annual Banking on Climate Chaos reports $429 billion of 2024 dollars are to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021
39 countries and institutions signed a joint commitment to end any support for fossil fuels flowing abroad by the end of 2022, and in its place prioritize finance for clean energy. Recently the G7 reaffirmed their commitment and were now...
[caption id="attachment_10598" align="alignleft" width="300" caption="Fishmongers shown in Sekondi, now Sekondi-Takoradi, is Ghana's "Oil City." Fishermen here are among those whose operations have been impacted by the oil development. Like all the fishermen in the "frontline communities," they are extremely worried...
