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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Last year, no fossil company made the top 10 list. Hunter Lovins.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Yoshi Mobility spins off fossil fuel refueling unit to focus on e-mobility

Charged

The fleet fueling unit will be acquired by EZFill Holdings. Since emerging from Y-Combinator in 2016, Yoshi has focused on operations in three areas; mobile vehicle charging for electric and autonomous fleets; virtual vehicle inspection for companies such as Uber and Turo; and on-site preventative maintenance.

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Fossil fuel subsidies now more than $A2 trillion just in G7 countries

Renew Economy

Report finds volume of fossil fuel subsidies from G7 nations increased 15% between 2016 and 2023 with the US spending the most. The post Fossil fuel subsidies now more than $A2 trillion just in G7 countries appeared first on RenewEconomy.

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Just 57 producers account for 80% of all fossil fuel and cement emissions since 2016

Renew Economy

Report finds just 57 companies and nation states responsible for generating 80% of the world’s fossil and cement emissions over past seven years. The post Just 57 producers account for 80% of all fossil fuel and cement emissions since 2016 appeared first on RenewEconomy.

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Growth in US green economy dwarfs that of fossil fuel industry

GreenBiz

Data shows the green economy grew by over $60 billion per year between 2013 and 2016.

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Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

The Guardian: Energy

In the push to zero carbon, Europe’s biggest lenders face growing pressure to limit their financial support for fossil fuel companies through direct loans and other financing facilities. Continue reading.