Published by Promoting Economic Pluralism
Following the release of the Intergovernmental Panel on Climate Change’s (IPCC) ‘final warning’ report on the climate crisis, UN chief António Guterres warned: “Our world needs climate action on all fronts: …
World Bank falling short on climate action and locking countries into fossil fuels Read More
The Democratic Republic of Congo wants more money for climate projects. Otherwise, oil drilling could replace fishermen in the world’s largest peat bog. And that could spell devastation for the …
DRC’s dilemma: Generate oil wealth or combat climate change? Read More
Liquid gas companies are casting themselves as champions of rural communities in a bid to weaken proposals to slash the carbon emissions produced by heating Europe’s buildings, according to dozens …
Liquid gas industry fights to weaken EU climate plans ahead of key vote Read More
(Wednesday 15th February) Today, Barclays published its annual report, where it committed to new restrictions on oil sands, following a long-term campaign from shareholders on the issue. From July, the bank will …
Barclays scales down oil sands finance following investor pressure Read More
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