Published by Promoting Economic Pluralism
Last February, ExxonMobil announced it would further expand its only active carbon capture and storage (CCS) operation in the United States, located at a gas processing facility in LaBarge, Wyoming. Shute Creek is the …
Big Oil’s Been Secretly Validating Critics’ Concerns about Carbon Capture Read More
Shell’s board of directors are being personally sued over their alleged failure to properly manage risks associated with the climate crisis. The lawsuit says the British oil giant’s 11 directors …
Shell’s board of directors sued over ‘flawed’ climate strategy in first-of-its-kind lawsuit Read More
Billions of euros ringfenced for Europe’s post-Covid recovery could be diverted into a raft of new fossil-fuel infrastructure projects, deals which may lock Europe into contracts for the next 20 …
€60bn earmarked for EU Covid recovery could go to fossil-fuel projects Read More
(Wednesday 14th December) Responding to today’s announcement that HSBC, the UK’s biggest high street bank and one of the world’s biggest financers of fossil fuels, will no longer finance new …
HSBC announces it will no longer finance new oil and gas fields – ShareAction response Read More
A fund set up using British overseas aid cash still holds at least 20 investments in fossil fuel companies, two years after it pledged to stop backing dirty energy. Records …
UK overseas aid still invested in fossil fuels – two years after climate pledge Read More
Documents reveal Microsoft is working with the Egyptian Government to use COP27 to maximise fossil fuel exploitation – and the owners of the Daily Mail are helping them. Despite hosting …
Sponsor Microsoft Partnering with Egypt’s Big Oil Drive to ‘Increase’ Fossil Fuel Investments Read More
A decree published on Tuesday morning in the official state gazette and scheduled to go into effect next week mandates that air conditioning in public places be set at or …
Spain bans setting the AC below 27 degrees Celsius Read More
A report from Bloomberg lays out the ways that natural gas is now affecting not only the world’s carbon future, but our present geopolitics and international economy. The price of the ostensible bridge …
As natural gas prices soar, coal makes a comeback in Europe Read More
German Economy Minister and Vice-Chancellor Robert Habeck on Wednesday triggered the early warning level for gas supplies as Moscow continues to demand to be paid in rubles. This move is …
German economy minister raises warning level for gas supplies Read More
Energy prices in Europe have been surging since the start of the Russia-Ukraine conflict, pushing inflation to a higher level and possibly denting Europe’s hope that its economic recovery can …
Surging inflation likely to throttle European economic recovery Read More