Remove 2016 Remove Fossil fuels Remove Natural gas
article thumbnail

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. When oil and gas companies say that they’re getting out of oil and gas, shouldn’t you?

article thumbnail

Just 36 Companies Drove Half the World’s Climate-Altering Emissions in 2023: New Report

DeSmogBlog

percent of the years global carbon dioxide emissions from fossil fuels, the report adds. The Carbon Majors are keeping the world hooked on fossil fuels with no plans to slow production, former United Nations climate chief and Paris Agreement architect Christiana Figueres said in a response accompanying the report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Report Issues Damning Verdict on Food’s Fossil Fuel Addiction

DeSmogBlog

Food systems are responsible for at least 15 percent of all global fossil fuel consumption, according to a major report launched ahead of the COP28 climate summit. The analysis shows that the production, transport, and storage of food are driving greenhouse gas emissions equivalent to those of the EU and Russia combined.

article thumbnail

ExxonMobil’s Exit from Suriname Raises Pressure on Guyana Amid Natural Gas Concerns

DeSmogBlog

The problem for multinational oil companies seeking to extract that oil is whats mixed in with it: trillions of cubic feet of methane, often referred to as natural gas. Handling natural gas off the coast of Suriname and Guyana poses major challenges and involves significant environmental risk, however. In May, the U.S.

article thumbnail

Orsted Sells LNG Unit, But Says Its Natural Gas Business Isn’t Going Anywhere

GreenTechMedia

Danish energy company Ørsted has sold off its LNG unit but will hang on to its gas trading business. The firm, previously known as Danish Oil and Natural Gas, sold its upstream fossil fuels business to Ineos in 2017 and is phasing coal out of its generation mix by 2023.

article thumbnail

How the Fossil Fuel Industry Buys Goodwill

DeSmogBlog

From the world’s biggest soccer championship to soccer training for kids , from major universities to music festivals and art galleries to — if you can name it, fossil fuel companies have probably sponsored it. Aramco has partnered with Spain’s Laguna de El Hito Nature Reserve to conserve bird species.

article thumbnail

‘Shame On You’: Indigenous Campaigners Demand JPMorgan End Fossil Fuel Finance

DeSmogBlog

JPMorgan Chase is the world’s biggest financier of fossil fuels, according to environmental organisations. In 2020 the bank pledged to end fossil fuel loans for Arctic oil drilling and phase out loans for coal mining. Fossil Finance. JP Morgan declined to comment.