fossil fuels

The consortium behind Redondo Peninsula Energy Inc. pulled out of the planned 660-megawatt coal-fired facility in Zambales province. RP Energy is a joint venture among Meralco PowerGen Corp., a unit…

Concerns around energy independence and high costs have led many places in rural Alaska to look for renewable alternatives to fossil fuels. The Department of Energy recently announced the awardees of…

Colorado lawmakers, following lead of other major funds, seek to drop coal, oil and gas stocks A Colorado bill that would require the state’s employee retirement fund to drop investments in fossil…

Carbon capture at SaskPower’s Boundary Dam 3 facility falls far short of projections. An announcement by a Canadian power company that it’s met carbon capture goals shouldn’t be taken at face value…

The number of coal-fired power plants that still have project finance debt is greatly diminished today, whereas 15 years or so back they were all financed with non-recourse debt. Those that do have…

Group accuses banks of playing ‘deadly role’ in climate crisis.

‘Compare a crack in a window to funding wildfires and flooded homes,’ says campaigner. Police have arrested a group of environmental activists who smashed the windows of Barclays’ London …

Coal has obviously to be scrapped as a power source, the CEO of the Polish group which owns the EU’s biggest carbon-emitting power plant said on Thursday, underscoring a policy shift in a country…

A group of U.S. electricity companies wrote to President Joe Biden this week saying it will work with his administration and Congress to design a broad set of policies to reach a near-term goal of…

Further reliance on coal and LNG will lead to ever larger and unsustainable fossil fuel subsidies. “Gas is over”, proclaimed chief of the European Investment Bank (EIB), Werner Hoyer, at the…

A report by BlackRock, the world’s largest investment house, shows that those who have divested have profited not only morally but also financially.

Minister says rich nations should aim for ‘net-negative’, not net zero emissions, to allow developing countries to focus on growth. But could India itself still do more? Stuti Mishra reports

Seven European countries have formally committed to ending export finance agency support for fossil fuel projects, as efforts to curb public financing for high-emissions energy sources accelerate.…

Protesters dressed as ‘Fossil Fools’ splattered the side of the Bank of England. Several people have been arrested as Extinction Rebellion’s ‘Fossil Fool’ protesters sprayed the Bank of England with…

Analysis finds 77% of directors on boards of seven US banks have ties to ‘climate-conflicted’ groups, as banks continue to finance projects like the Line 3 oil pipeline US banks are pledging to…

Fossil fuel companies got billions in tax breaks and laid off more than 58,000 workers last year, a report from BailoutWatch found.

South Africa’s economy is shifting from heavy industry to service sectors, allowing for deeper carbon cuts, but coal lingers in the energy mix. South Africa is proposing to deepen its emissions cuts…

Four of the country’s most polluting power production plants are being formally shut down as Greece phases out the use of brown coal, or lignite, in line with European Union environmental protection…

More and more countries, already representing about 70% of the world economy, are setting climate neutrality targets.

The American Jobs Plan proposes taking away major tax breaks for the fossil fuel industry. One of the great ironies of climate politics is that America continues to subsidize — to the tune of…