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More than 130 companies including Ikea, Volvo ask world leaders to ‘phase out’ fossil fuels

The Verge: Energy

. | Photographer: Krisztian Bocsi / Bloomberg via Getty Images More than 130 companies, including Volvo Cars, Ikea, Unilever, Nestlé, and AstraZeneca, signed a letter calling on governments to adopt a global plan to phase out fossil fuels without carbon capture during upcoming international climate negotiations.

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Mapped: The Tory Network of Climate Denial and Fossil Fuel Funding

DeSmogBlog

Since then, the Conservative government has made a series of U-turns on its own net zero policies, attacked Labour’s green spending plans, and doubled down on its support for new fossil fuel projects, approving more than 100 new North Sea oil and gas licences. This comes as DeSmog and Democracy for Sale reveal that £6.8 percent (£1.8

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Nigel Farage’s Reform Party Has Accepted £2.3 Million from Fossil Fuel Interests, Climate Deniers, and Polluters Since 2019 Election

DeSmogBlog

The firm is owned by Terence Mordaunt , a director and former chair of the Global Warming Policy Foundation (GWPF), the UK’s leading climate science denial group. Hosking previously told DeSmog: “I do not have millions in fossil fuels; it is the clients of Hosking Partners who are the beneficiaries of these investments.”

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The world came tantalizingly close to a deal to phase out fossil fuels

The Verge: Energy

The beginning of the end for fossil fuels? This text is a step forward on our path towards phasing out fossil fuels, but is not the historic decision we hoped for.” More than 100 countries came to the table pushing for an official agreement to “phase out fossil fuels.”

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California Pension Funds Have Billions Invested in Fossil Fuel Companies Named in State’s Lawsuit

DeSmogBlog

Over the past month and a half month, California lawmakers have enacted a pair of climate disclosure bills and endorsed a global call to end the fossil fuel era. CalPERS and CalSTRS defend their fossil fuel investments. degrees C, the goal established in the 2015 Paris Agreement.

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French Oil Company Total ‘Knew About Global Warming Impact in 1971’, Study Finds

DeSmogBlog

French oil giant Total knew that its fossil fuel extraction could contribute to global warming as early as 1971 but stayed silent about it until 1988, according to a new study. In 2018, 89 percent of global carbon dioxide emissions came from fossil fuels and industry.

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Banks Due At UK’s ‘Green’ Investment Summit ‘Financed £700 Billion in Fossil Fuels Since Paris Agreement’

DeSmogBlog

Bank bosses due to attend a green investment summit tomorrow head institutions which have provided over £700 billion of financing for the fossil fuel industry since the 2015 Paris Agreement, including £129 billion in 2020 alone. . JPMorgan financed £230 billion in fossil fuels between 2016 and 2020.