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New York officials call for big oil to be prosecuted for fueling climate disasters

The Guardian: Energy

It details the havoc wrought on New York by 2021’s Hurricane Ida and 2012’s Hurricane Sandy , and other deadly climate events such as extreme heatwaves across the US this past summer. Continue reading.

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Fossil Fuel Lobbyists and Major Polluters to Sponsor Labour Conference Events

DeSmogBlog

These include the controversial energy company Drax , the fossil fuel lobby group Offshore Energies UK , and the gas company Cadent. OEUK is the “leading representative body” for the country’s oil and gas industry, while its members include some of the world’s largest fossil fuel companies, such as Shell, ExxonMobil, and Equinor.

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Fossil Fuel Friendly Daily Mail Firm Handed £500k Government Contract to Run UK COP28 Events

DeSmogBlog

It appears that dmg events has worked on ADIPEC since at least 2012. Adnoc intends to increase its oil production by more than any other fossil fuel firm in the world, according to data from the Global Oil and Gas Exit List (Gogel). Al Jaber has denies these claims.

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Public Pension Funds Have Lost Billions on Their Fossil Fuel Investments: New Analysis

DeSmogBlog

public pension funds would have been about 13 percent higher had they divested from fossil fuel holdings ten years ago – equivalent to around $21 million in earnings. without the fossil fuel holdings. The analysis found that while the total actual value of the six funds was $402.8

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'Oil has no place in our future': Rockefeller fund returns shine after ditching fossil fuels

Business Green

Rockefeller Brothers Fund announces that its investment portfolio has exceeded expectations and industry averages in the five years since it divested from fossil fuels. According to the study, the RBF posted an average annual net return of 7.76 per cent over the five-year period that ended in December last year.

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The Pacific Northwest Has Defeated Dozens of Fossil Fuel Projects — But the Industry Still Wants to Quietly Expand

DeSmogBlog

New large-scale fossil fuel projects have become mostly unworkable in the Pacific Northwest, with dozens canceled over the past decade due to fierce opposition from local communities. A few high-profile defeats for the fossil fuel industry stand out. But the industry’s blitz is not yet over. ” – Emily Moore.

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Governments Are Sending Oil Executives to COP26 Despite Climate Pledges. Here’s a Look at the Fossil Fuel Influence in Glasgow

DeSmogBlog

Fossil fuels are everywhere at this COP except in the decisions being negotiated by governments,” Nikki Reisch, the director of climate and energy at the Center for International Environmental Law, wrote to DeSmog from Glasgow. Abuleif is Saudi Arabia’s chief negotiator at COP26, a position he has held since 2012.