All news on the topic: Fossil Fuels
528
Britain could save £320billion by ditching Labour’s Net Zero power plans, report claims
Britain could save £320billion over 20 years by ripping up current Net Zero electricity plans, keeping gas and building more nuclear power instead, a major new report claims.
723
Labour warned it could lose 50 seats to Greens over Andy Burnham’s North Sea drilling plans
Andy Burnham has been told Labour risks losing 50 seats to the Green Party if he pushes ahead with new drilling in the North Sea.
675
Brian Eno and 210 artists urge Andy Burnham to block Rosebank oilfield
Brian Eno, Massive Attack and Primal Scream frontman Bobby Gillespie are among 211 artists calling on prime minister Andy Burnham to block plans for new oil drilling in the North Sea.
689
Barclays accused of seeking profit from looming global food crisis linked to El Niño
Barclays has highlighted “opportunities” to profit from a devastating food crisis that could leave more than 100 million people hungry.
611
Trump says Scotland is "dancing in the streets" over Burnham’s North Sea oil plans
The UK’s ‘special relationship’ with the US is off to a good start.
726
Trump says Burnham could transform UK by backing North Sea oil
Donald Trump has said people in Aberdeen will be “dancing in the streets” following reports Andy Burnham could back new oil and gas drilling in the North Sea.
799
Shipping industry retreats from net zero as fossil fuels regain dominance and nuclear ambitions grow
The shipping industry’s backing for green power has sunk as the majority of vessel owners stick to traditional dirty marine fossil fuels or explore alternatives including nuclear energy.
656
How BP influenced the climate blueprint that reshaped global policy on fossil fuels
It is rare that a single scientific paper shapes how people think about a challenge as daunting as climate change. But one, known as “Wedges,” published 22 years ago by researchers at Princeton University, told an irresistible story.
619
World’s richest consumers cause up to $5.7tn in environmental damage each year
The environmental damage bill racked up by the highest-consuming 10% of the world’s population has reached up to $5.7tn a year – larger than the economy of every country except the US and China, a study has found.
965
British ad firm’s billion-dollar greenwash of US oil industry
A British advertising conglomerate has assisted oil companies ExxonMobil, Chevron, Shell, and BP in spending an estimated $1.5bn (£1.1bn) on advertisements in the US since the 2015 Paris agreement to combat the climate crisis, a report shows.
763
UN-blacklisted Israeli firm earns $1bn from UK North Sea oil as pressure mounts over Rosebank
An Israeli company blacklisted by the UN over its activities in the West Bank has generated more than $1 billion from North Sea oil and gas operations in just six years — and could earn even more if the Rosebank field receives approval.
768
£1bn payouts to Israeli shareholder fuel row over UK approval of massive Rosebank oil field
An Israeli firm blacklisted by the UN for its West Bank activities has raked in over $1 billion from North Sea oil and gas in just six years.
922
Pension funds pour £8bn into US gas terminals accused of driving climate damage and health risks
Trump’s war in Iran has boosted the fortunes of US gas companies – and UK savers are unwittingly bankrolling their expansion.
713
Romanian state energy firm Oltenia may have skirted €250 million in EU carbon taxes
State-owned Romanian energy firm Complexul Energetic Oltenia SA has declared much lower-than-average carbon dioxide emissions figures despite burning heavily-polluting low-grade coal, raising questions of whether it has skirted hundreds of millions in EU carbon taxes.
779
Pouyanne’s Solo Billion-Dollar Bet: Total Chief Struck Mozambique Gas Deal Over One Dinner
When Patrick Pouyanné decided to invest billions in a massive natural gas field located in a distant warzone, he made the decision by himself during a single dinner with the CEO of a competing energy company.
631
Trump considers Hungary’s ’vital’ request for exemption from Russian energy sanctions
In comments on Friday, Orbán said he would present Trump with several "suggestions" for implementing an exemption.
1083
UK taxpayers’ climate finance used to boost billionaire-owned companies and fossil fuel projects
Luxury carmakers owned by billionaires, telecom giants, and a company constructing new gas-fired power plants might not seem like obvious beneficiaries of climate aid.
933
Centrica to buy Europe’s biggest LNG import terminal in £1.5bn deal with US partner
Deal for Europe’s biggest facility for LNG imports comes as overall UK gas demand fell sharply last year
993
Trump accused of attacking UK energy policies on behalf of fossil fuel industry
Campaigners say US president-elect’s call to ‘get rid of windmills’ is based on North Sea interests of oil and gas firms.
924
Report warns that the West is funding Putin’s soldiers through increased Russian fuel purchases
Countries opposed to Moscow are spending ever more on cheap fuel made from Russian oil, according to a new analysis shared with POLITICO.
1004
The Hague becomes the first city in the world to pass a law banning advertisements related to fossil fuels
Legislation makes it illegal to advertise fossil fuel products and services with a high carbon footprint
809
High Court halts plans for UK’s first new deep coalmine in 30 years in Cumbria
Court rules against West Cumbria Mining’s fossil fuel development in Whitehaven
878
Investors urge Glencore to abandon spin-off plans for coal division due to pollution concerns
More than 95% of investors urged commodities firm to keep highly profitable fossil fuel arm to help maximise shareholder cash
835
Airlines may have to disclose carbon impact of individuals’ flights under new UK policy
Civil Aviation Authority proposes measure to help consumers make ‘more informed travel choices’
765
Asda slips from top spot for cheap fuel prices as it rakes in bigger profits
A senior industry source said Asda deliberately undercut rivals by at least 1p on fuel to lure shoppers in
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