Tag #Fossil Fuels

Showing 37 to 48 of 300 results

kathimerini.gr
🌐 85% Global Worthiness
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Oil Giants Reverse Course, Prioritizing Fossil Fuel Exploration Amidst Economic and Geopolitical Shifts

Facing economic and geopolitical pressures, major oil companies like BP, Chevron, ExxonMobil, Shell, and TotalEnergies are drastically increasing oil and gas investments, reversing their previous focus on renewable energy, driven by factors such as inflation, interest rates, and energy security conc...

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44% Bias Score

Climate Action
foxnews.com
🌐 75% Global Worthiness
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Charleston's Climate Change Lawsuit Against Energy Companies Dismissed

A South Carolina judge dismissed Charleston's 2020 lawsuit against energy companies for climate change-related damages, citing a lack of state legal authority and the potential for an unbounded number of future lawsuits, with prejudice, meaning the case cannot be refiled.

Progress

56% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Global Energy Transition: Renewables Rise, but Fossil Fuels Remain Dominant

António Guterres's claim that fossil fuels are "running out of road" is premature, as they still account for 82.4% of global energy use in 2024. While renewables are rapidly expanding, particularly solar and wind, they are primarily meeting new demand, not displacing fossil fuels on a global scale.

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48% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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BP's Major Brazilian Oil Discovery Signals Shift Back to Fossil Fuels

BP announced its largest oil and gas discovery in 25 years in Brazil's Santos basin, its 10th discovery this year, potentially reaching 2.3m to 2.5m barrels per day; this marks a strategic shift back to fossil fuels after abandoning its low-carbon energy focus due to financial setbacks.

Progress

56% Bias Score

Climate Action
it.euronews.com
🌐 85% Global Worthiness
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Trump Cancels US Offshore Wind Projects

President Trump cancelled over 1.42 million acres of designated offshore wind energy areas in US federal waters, reversing prior plans and prioritizing fossil fuels, despite criticism from climate advocates and scientists.

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60% Bias Score

Climate Action
smh.com.au
🌐 75% Global Worthiness
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Pokies' Political Capture in Australia

Peter FitzSimons' article exposes the pervasive influence of pokies donations on Australian politics, hindering effective regulation due to both major parties' dependence on this funding, a situation described as 'state capture,' which extends to other sectors like climate action.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Government Sued Over Cumbria Coalmine Block, Facing Taxpayer-Funded Compensation

A Singaporean firm is suing the UK government for blocking a new coalmine in Cumbria, potentially costing UK taxpayers millions in compensation due to investor-state dispute settlement (ISDS) rules; this is the first such case against the UK brought by a fossil fuel company.

Progress

64% Bias Score

Climate Action
nrc.nl
🌐 85% Global Worthiness
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Oil and Gas Profits Dip Despite Cost-Cutting Success

Major oil and gas companies like Shell, BP, and Saudi Aramco experienced profit declines in Q2 2024 due to OPEC+'s increased oil production, market volatility, and cost-cutting measures, exceeding analyst expectations.

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36% Bias Score

Climate Action
taz.de
🌐 75% Global Worthiness
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Germany's CCS Law: High Costs and Uncertain Impacts

Germany's new law permits carbon capture and storage (CCS) technology for various industries, including those with avoidable emissions, despite high costs and limited current use, potentially delaying energy transition and impacting global climate policy.

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68% Bias Score

Climate Action
us.cnn.com
🌐 85% Global Worthiness
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BP's Major Brazilian Oil Discovery: A Potential Game-Changer

BP announced its largest oil and gas discovery in 25 years, the Bumerangue field off the coast of Brazil, potentially boosting its production and investor confidence; however, high carbon dioxide levels require further analysis.

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64% Bias Score

Climate Action
taz.de
🌐 85% Global Worthiness
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EU-US Trade Deal: Controversial Energy Commitment Raises Concerns

The EU and US agreed to a trade deal involving 15% tariffs on EU products and a controversial commitment by the EU to import \$750 billion in US energy by 2028, a figure far exceeding current import levels and US export capacity, raising concerns about economic and environmental consequences.

Progress

64% Bias Score

Climate Action
zeit.de
🌐 90% Global Worthiness
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ICJ Declares New Fossil Fuel Exploration Illegal

The International Court of Justice (ICJ) deemed new oil and gas exploration illegal under international law, impacting future licensing decisions and emphasizing the 1.5-degree climate target as a binding commitment.

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32% Bias Score

Climate Action

Showing 37 to 48 of 300 results