fossil fuels

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25 05 2020 | 07:52

Fossil fuel industry applauds Coalition climate measures that support carbon capture and storage.

Environmentalists say the Morrison government is directing emissions reduction funding to polluting companies. Fossil fuel industry groups and companies have applauded new climate change measures…

24 05 2020 | 09:39

Climate change talk has been around for 30 years. Where's the action?

I can't tell you what I was doing on June 23, 1988, though I can take a guess. I was a week or so from finishing my journalism course and — how times have changed — I'd already been offered a job.…

21 05 2020 | 11:35

Do Fuels Made From Plastic Make Eco Sense?

Yogurt pots, shampoo bottles, coffee-to-go lids, bubble wrap — plastic products are all composed of the same building blocks: long carbon chains.

20 05 2020 | 13:26

Norway’s giant oil fund ditches stake in Australia's AGL over fossil fuel concerns.

Trillion-dollar fund also puts BHP on ‘observation list’ carrying risk of future divestment. Norway’s gigantic sovereign wealth fund has dumped its stake in the Australian energy company AGL, which…

18 05 2020 | 12:47

Rockefeller fund reveals case study of success after divestment from fossil fuels.

Five years on from divesting from fossil fuels, the Rockefeller fund has released a new case detailing its success. This week, the Rockefeller Brothers Fund (RBF) released a new case study detailing…

15 05 2020 | 08:10

EU weighs options for gas grid in zero carbon world.

The European Commission is considering three options for future investments in gas infrastructure as Europe moves towards “climate neutrality” by 2050, according to a leaked memo seen by EURACTIV. A…

15 05 2020 | 07:58

GOP lawmakers accuse Wall Street of "discriminating" against fossil fuels during coronovirus pandemic.

Republican members of Congress are coming to the defense of oil, gas and coal companies they say face “discriminatory” lending practices from Wall Street banks that have caved to pressure from…

11 05 2020 | 07:45

Coal Loses Backing From Another Big Bank.

Financing a thermal coal project in Australia just got a little bit harder after Westpac Banking Corp. said it would exit the sector by 2030, leaving Australia and New Zealand Banking Group Ltd. as…

08 05 2020 | 08:06

Under Pressure, JP Morgan Chase Demotes Former Exxon CEO Lee Raymond from Board Leadership Role .

New York, NY — Bowing to pressure from climate and shareholder activists, JP Morgan Chase will be demoting former Exxon CEO Lee Raymond from his Lead Independent Director position on the bank’s board…

07 05 2020 | 07:32

Fossil fuel firms linked to Trump get millions in coronavirus small business aid.

Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage of funding, review shows US fossil fuel companies have taken at least $50m in taxpayer money they probably won’t…

25 04 2020 | 13:20

What’s Holding The Renewable Revolution Back?

For at least the last decade, renewable energy seems to have been accelerating at a ferocious pace. Every other day you can read about a new technological breakthrough or another incredible milestone…

25 04 2020 | 12:02

"Coronavirus profiteers' condemned as polluters gain bailout billions

Leaders condemn backing of global sectors that disregard green economy goals. Polluting industries around the world are using the coronavirus pandemic to gain billions of dollars in bailouts and to…

09 04 2020 | 10:55

New renewable energy capacity hit record levels in 2019.

Most new electricity globally was green and coronavirus bailouts must boost this further, says agency.

08 04 2020 | 11:47

BNEF: Green hydrogen could curb third of fossil fuel and industry emissions by 2050.

But roughly $150bn of subsidies, carbon pricing and more supportive policies may be needed for green hydrogen to reach full decarbonisation potential, finds analyst A major rollout of green hydrogen…

04 04 2020 | 13:34

Campaigners attack Japan's 'shameful' climate plans release.

Japan has laid out its plans to tackle greenhouse gas emissions under the Paris agreement in the run-up to UN climate talks this year, becoming the first large economy to do so. But its proposals…

04 04 2020 | 13:01

Japan’s Sumitomo Mitsui bank to stop making loans for new thermal coal plants—report.

Sumitomo Mitsui Banking Corp. will suspend in principle new loans for coal-fired thermal power plants, The Yomiuri Shimbun has learned. The move is aimed at showing its consideration for the…

04 04 2020 | 01:15

Trump weakens fuel economy standards, rolling back key U.S. effort against climate change.

WASHINGTON — The Trump administration on Tuesday weakened one of the nation’s most aggressive efforts to combat climate change, releasing new fuel efficiency standards for cars and trucks that handed…

01 04 2020 | 09:35

Parliament pension fund to increase investment in renewables.

The Parliament pension fund has revealed a step up in renewable investment, but MPs have called on the trustees of the fund to end investments in fossil fuels altogether. This week, MPs from the…

29 03 2020 | 14:46

Can Africa keep up with global trends in clean energy?

Africa cannot afford to be left behind in the global transition to renewable energy, but many challenges lie in its way, says Dianna Games As efforts to combat climate change gather momentum, the…

26 03 2020 | 08:34

14 Technologies to Make the Ultimate Green Ship.

The Shipping Industry is leaving no stones unturned in order to contribute towards a greener marine environment. At both manufacturing and administrative levels, the maritime industry is taking…