fossil fuels

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25 08 2020 | 07:44

‘No purpose’ to Coalition’s climate policy after big polluters increase emissions by 1.6m tonnes.

Government under fire after major companies again given green light to lift carbon emissions without penalty. Industry and environment groups have questioned the point of the Coalitiongovernment’s “…

23 08 2020 | 07:37

Investors are trying to shut down fossil fuel companies from the inside — this is what they're doing.

More than 100 investors in Whitehaven Coal have filed a resolution asking the company to plan its own closure — the first in an ambitious play by an activist shareholder group to push fossil fuel…

19 08 2020 | 07:16

Boris Johnson poised to stop UK funding overseas fossil fuel projects.

New policy will rule out future loans and guarantees made through UK Export Finance. Boris Johnson is poised to sign off new rules barring the UK government’s chief foreign lender from offering…

10 08 2020 | 07:52

Letter from economists: to rebuild our world, we must end the carbon economy.

The carbon economy amplifies racial, social and economic inequities, creating a system that is fundamentally incompatible with a stable future. From deep-rooted racism to the Covid-19 pandemic, from…

10 08 2020 | 07:42

BP enjoys share bounce after unveiling plans to shift away from fossil fuels.

Despite reporting one of its worst quarterly results on record BP shares closed up 6.5%. BP has won guarded praise from climate emergency campaigners and a hefty share price bounce by unveiling new…

10 08 2020 | 06:57

Toxic Chemicals From Fossil Fuels Are Poisoning East Coast Dolphins and Whales, Study Finds.

A new study gives a first look at the presence and potential effects of plastics and new forms of synthetic chemicals in stranded dolphins and whales along the coast of the southeastern U.S.

16 07 2020 | 09:05

US push to ease global energy controls as it hands fossil fuels $3bn.

Trump’s energy secretary Dan Brouillette promotes ‘all fuels’ free-market strategy at climate and sustainability summit The US has argued for less regulation of the world’s energy systems, speaking…

16 07 2020 | 08:58

Bankrupt Fracking Companies Are Harming the Climate and Taxpayers.

Fracking companies are going bankrupt at a rapid pace, often with taxpayer-funded bonuses for executives, leaving harm for communities, taxpayers, and workers, the New York Time reports.

12 07 2020 | 09:10

MEPs ban nuclear from green transition fund, leave loophole for gas.

The European Union is split over which fuels deserve support from the bloc’s flagship green transition fund, after lawmakers on Monday (6 July) called for rules that could allow the money to be spent…

12 07 2020 | 08:53

US push to ease global energy controls as it hands fossil fuels $3bn.

Trump’s energy secretary Dan Brouillette promotes ‘all fuels’ free-market strategy at climate and sustainability summit. The US has argued for less regulation of the world’s energy systems, speaking…

12 07 2020 | 08:37

Australian banks 'undermining Paris agreement' with $7bn in fossil fuel loans.

Exclusive: Australia’s big four banks have loaned $7bn to 33 new or expansionary fossil fuel projects between 2016 and 2019, analysis finds Since the Paris agreement was signed, Australia’s big four…

12 07 2020 | 08:18

Supreme Court Rejects Trump Effort to Greenlight Keystone XL Construction.

The Supreme Court late Monday upheld a federal judge's rejection of a crucial permit for Keystone XL and blocked the Trump administration's attempt to greenlight construction of the 1,200-mile crude…

09 07 2020 | 11:31

Over 5,600 fossil fuel companies have taken at least $3bn in US Covid-19 aid.

Businesses include oil and gas drillers and coal mine operators, an analysis by Documented and the Guardian finds. More than 5,600 companies in the fossil fuel industry have taken a minimum of $3bn…

08 07 2020 | 08:06

Germany Approves Coal Phaseout by 2038.

The Bundestag and Bundesrat — Germany's lower and upper houses of parliament — passed legislation on Friday that would phase out coal use in the country in less than two decades as part of a road map…

07 07 2020 | 08:31

'Terrifying' New Climate Models Warn of 6-7°C of Warming by 2100 If Emissions Not Slashed.

"Global greenhouse gas emissions need to decline today rather than tomorrow, and global CO2 emissions should be brought to net zero." New climate models unveiled by French researchers Tuesday showed…

06 07 2020 | 10:59

UK government development bank to end fossil fuel financing.

CDC Group’s climate strategy will stop support for most polluting projects in developing countries. The UK government’s overseas development bank has bowed to calls to end fossil fuel financing…

06 07 2020 | 10:11

Fossils hit ‘turning point’ as Shell follows bp in declaring stranded assets.

The coronavirus pandemic may have produced a tipping point in the transition off fossil fuels, with two colossal fossils declaring in the last two weeks that they will downgrade the value of their…

03 07 2020 | 15:02

Big nations aid fossil fuels more than clean energies amid pandemic, researchers find.

US, Russia are among many G20 nations helping coal, oil and gas more than clean energy as part of recovery packages, a major study will show. Major nations including the United States and Russia are…

10 06 2020 | 07:39

Governments should use Covid-19 recovery efforts as an opportunity to phase out support for fossil fuels, say OECD and IEA .

As governments design stimulus measures for economies hit by the Covid-19 crisis, they should seize the opportunity of historically low oil prices to redirect some of the half a trillion dollars…

07 06 2020 | 11:44

Fossils’ five-year spending plan shows $17.5b for renewables, $166b for new oil and gas.

Despite fossils’ loud claims to be taking the climate crisis and the renewable energy transition seriously, they only plan to spend US$17.5 billion on solar and wind projects over the next five years…