Tag #Fossil Fuels

Showing 157 to 168 of 299 results

forbes.com
🌐 85% Global Worthiness
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BP Cuts Renewable Energy Investment by 70%

BP drastically cut its renewable energy investment from $6.5-7.0 billion to $1.5-2.0 billion annually, prioritizing oil and gas production due to stock performance and investor pressure, despite the projected peak in oil demand around 2030.

Progress

56% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Trump Administration Rejects Renewables, Prioritizes Oil and Gas

U.S. Energy Secretary Chris Wright, at the CERAWeek conference in Houston, criticized renewable energy, reaffirmed support for oil and gas, and approved Delfin LNG's export extension, highlighting the Trump administration's pro-fossil fuel stance.

Progress

64% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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Trump's Energy Secretary Advocates for Increased Fossil Fuel Production

Trump's energy secretary, Chris Wright, championed increased fossil fuel production at CERAWeek, rejecting climate concerns and prioritizing energy access in developing nations; this stance sparked criticism from climate advocates.

Progress

64% Bias Score

Climate Action
theguardian.com
🌐 90% Global Worthiness
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36 Companies Responsible for Half of Global Carbon Emissions in 2023

A new report reveals that 36 companies produced half the world's climate-heating carbon emissions in 2023, totaling over 20 billion tonnes of CO2, with Saudi Aramco's emissions rivalling those of India and ExxonMobil's comparable to Germany's, highlighting the need for corporate accountability and a...

Progress

48% Bias Score

Climate Action
lemonde.fr
🌐 75% Global Worthiness
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France's Reformed ISR Label Shows Positive Environmental Impact

A recent Epsor study shows that France's reformed Socially Responsible Investment (ISR) label, effective March 1st, 2024, has led to a 10% reduction in the carbon footprint of labeled funds in 2024, and a significant divestment from fossil fuel companies; only 27 of 197 analyzed funds maintain links...

Progress

40% Bias Score

Climate Action
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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BP slashes green investment, boosts fossil fuel production

BP announced it will cut renewable energy investment by over \$5 billion annually and boost oil and gas investment by 20 percent to roughly \$10 billion yearly, reversing previous commitments and drawing criticism from environmental groups.

Progress

52% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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Global Clean Energy Investment Outpaces Fossil Fuels Despite Political Headwinds

Despite political maneuvering in the UK and US, global clean energy investment doubled fossil fuel investment last year; the UK Labour party's apparent shift towards fossil fuels is a strategic move, not a fundamental change in policy; the economic benefits of the energy transition outweigh short-te...

Progress

28% Bias Score

Climate Action
bbc.com
🌐 85% Global Worthiness
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US Withdraws from $3 Billion Just Energy Transition Partnership with Vietnam, Indonesia, and South Africa

The United States withdrew from the Just Energy Transition Partnership (JETP) agreements with Vietnam, Indonesia, and South Africa on March 6th, 2024, impacting over $3 billion in committed funds due to disagreements with the agreements' goals and lack of transparency in Vietnam's implementation.

Progress

48% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 95% Global Worthiness
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36 Companies Responsible for Over Half of Global Carbon Emissions in 2023

A Carbon Majors report reveals that 36 companies produced over half of global carbon emissions in 2023, with state-owned entities being the primary contributors; cement production is the fastest-growing pollution source.

Progress

40% Bias Score

Climate Action
sueddeutsche.de
🌐 90% Global Worthiness
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36 Companies Account for Half of Global Fossil Fuel CO2 Emissions

A study found that 36 companies, mostly state-owned, caused half of global CO2 emissions from fossil fuels in 2023; 169 companies accounted for 78%; 2024 was the warmest year on record.

Progress

40% Bias Score

Climate Action
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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BP slashes green investment, boosts fossil fuel spending amid profit concerns

BP announced it will cut its renewable energy investment by 50% to $1.5 billion annually and increase oil and gas investment by 20% to roughly $10 billion, prompting criticism from environmental groups and concerns about its commitment to the energy transition.

Progress

52% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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UK Museums Defend BP Sponsorships Amidst Climate Target Abandonment

Facing criticism, the British Museum and Science Museum defended their £50 million and unspecified sponsorship deals with BP, respectively, despite BP abandoning its climate targets to focus on fossil fuel production; environmental groups like Culture Unstained condemned this ethical conflict.

Progress

48% Bias Score

Climate Action

Showing 157 to 168 of 299 results