Published by Promoting Economic Pluralism
In 2022, Brazilian oil and gas company Petrobras had 68 places staked out for oil exploration off the South American coast, searching for new reserves while spending $6.9 billion in …
Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds Read More
DUBAI, United Arab Emirates — Vietnam made a big splash at COP28 by announcing details of a $15.5 billion, G7-backed plan to shutter its coal industry — but British diplomats …
Diplomatic cables reveal UK fears over $15B Vietnam coal deal Read More
For the US, it isn’t a good look in the lead-up to this week’s United Nations conference on climate change (COP28). The country will pull record quantities of oil and gas out …
US oil and gas extraction is at a new high and will likely stay near record levels through 2050 Read More
LONDON, Nov 8 (Reuters) – Global fossil fuel production in 2030 is set to be more than double the level deemed consistent with meeting climate goals set under the 2015 …
Global fossil fuel production plans far exceed climate targets, UN says Read More
Ecuador’s historic vote to leave the Amazon rainforest’s oil reserves underground contrasts sharply with the results of the presidential elections held on the same day, and leaves the troubled country …
Ecuador faces economic dilemma after vote to ban oil drilling in the Amazon Read More
For U.S. public pension funds, divesting from oil, coal, and gas would result in overall higher financial value. That is the key takeaway from a new study examining the past decade’s portfolio …
Public Pension Funds Have Lost Billions on Their Fossil Fuel Investments: New Analysis Read More
LONDON, June 29 (Reuters) – “Climate washing” litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate claims about their contribution to …
‘Climate washing’ lawsuits jump as more activists challenge corporate claims, report shows Read More
A legal challenge against an onshore oil project in Horse Hill, Surrey will be heard in the Supreme Court on 21 and 22 June. The years-long case challenges Surrey County Council’s failure …
Pivotal case against UK fossil fuel project gets its day in the Supreme Court Read More
India’s goal of achieving net zero emissions by 2070 raises important questions for policymakers regarding potential risks to the financial system and necessary policy reforms. These concerns are particularly relevant …
India’s central bank sets a vision for a net-zero economy Read More
The German and Colombian governments both have detailed decarbonization strategies to take on climate change. Still, the real beneficiary of this green transition is actually based in Switzerland. Almost a year …
Glencore a big winner of Germany’s Colombian coal binge Read More