Displaying 10 out of 11 results

  1. FILE PHOTO: Petro-Canada's oil refinery glows at dusk in Edmonton

    Bank lending to fossil fuel industry down 9per cent in COVID-hit year

    The world's biggest banks cut lending to fossil fuel firms by 9per cent in 2020 as a result of the pandemic, although funding has still risen over ...
  2. FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York

    HSBC toughens stance on fossil fuel funding after shareholder heat

    HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing world by 2040, the bank said on ...
  3. FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre

    Big Oil hits brakes on search for new fossil fuels

    Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the ...
  4. FILE PHOTO: Vapor is released into the sky at a refinery in Wilmington

    Environmentalists make a case for leaving fossil fuels in the ground

    Economic, climate and healthcare upheavals point to the need to move toward developing cleaner energy sources, environmentally friendly jobs and ...
  5. FILE PHOTO: Sun rises to begin another day during heatwave in California

    Fossil fuel production far exceeds climate targets, UN says

    The world’s governments plan to produce more than double the amount of coal, oil and gas in 2030 than would be consistent with curbing global ...
  6. California's electric vehicles dream might be too ambitious for its power grid | Video
    Media playtime

    California's electric vehicles dream might be too ambitious for its power grid | Video

    California is embarking on an ambitious new plan to make the switch from cars that run on fossil fuel to electric ones. But there are concerns the ...
  7. FILE PHOTO: Smoke and steam billows from Belchatow Power Station, Europe's largest coal-fired

    Development banks make landmark climate pledge, but no fossil fuel phase out

    The world's public development banks on Wednesday pledged to align their financial firepower with the Paris Agreement on climate change, but ...
  8. The planet's three most dangerous greenhouse gases are rising, and fossil fuels must be taxed

    Commentary: To combat climate change, investors should keep their shares in fossil fuels

    Shaming those who carry shares in fossil fuel companies would be passing up an opportunity for shareholder activism, say observers.
  9. FILE PHOTO: A statue of Jesus is seen at sunset, ahead of Pope Francis' visit to Thailand, in

    Vatican urges Catholics to drop investments in fossil fuels, arms

    The Vatican urged Catholics on Thursday to disinvest from the armaments and fossil fuel industries and to closely monitor companies in sectors ...
  10. Hundreds of climate protesters who are on a three-day protest march from Landquart to Davos

    Davos financiers pump US$1.4 trillion into fossil fuels: Greenpeace

    Some of the world's biggest banks, insurers and pension funds have collectively invested US$1.4 trillion in fossil fuel companies since the Paris ...