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Annual global fossil fuel subsidies jump to $1.7 trillion – just in the G20

Renew Economy

trillion of fossil fuel subsidies in 2022, and Australia gets a mixed review. The post Annual global fossil fuel subsidies jump to $1.7 Latest data shows that G20 countries alone provided $A1.7 trillion – just in the G20 appeared first on RenewEconomy.

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Revealed: Fossil Fuel Giants Have Committed £41 Million to UK Universities Since 2022

DeSmogBlog

Major fossil fuel firms have committed tens of millions in finance to UK universities since 2022, DeSmog can reveal. million has been pledged to 44 UK universities by 32 oil, coal and gas companies since 2022 in the form of research agreements, tuition fees, scholarships, grants, and consulting fees.

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Fossil fuel crisis prompts biggest ever switch to renewables and storage in 2022

Renew Economy

The fossil-fuel induced energy crisis of 2022 has sparked the biggest ever jump in new construction starts for wind, solar and storage projects. The post Fossil fuel crisis prompts biggest ever switch to renewables and storage in 2022 appeared first on RenewEconomy.

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G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3 Trillion

BloombergNEF

trillion of support for fossil fuels last year, according to a new report produced by research provider BloombergNEF (BNEF) in partnership with Bloomberg Philanthropies. Much of the increase came as a […] The post G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3

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UK universities take £41m in fossil fuel funding since 2022

The Guardian: Energy

FoI requests show Shell and BP among firms giving funds to institutions which have pledged to divest Major fossil fuel companies have committed tens of millions of pounds in funding to UK universities since 2022, it can be revealed, despite many of these institutions having actively pledged to divest from oil and gas.

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UK COP29 ‘Partners’ Include Firm With Hundreds of Fossil Fuel Clients

DeSmogBlog

However, AVEVA has boasted on its website that its software has also been used to help fossil fuel companies to extract more oil and gas. AVEVA has also worked for some of the world’s largest and highest-emitting fossil fuel companies, including: Shell , ExxonMobil , BP , Chevron , and the Abu Dhabi National Oil Company (Adnoc).

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Global carbon emissions from fossil fuels to hit record high

The Guardian: Energy

Projected rate of warming has not improved in past two years, analysis shows Cop28 president forced into defence of fossil fuel phase-out claims See all our Cop28 coverage Global carbon emissions from fossil fuels reached record levels again in 2023, as experts warned that the projected rate of warming had not improved over the past two years.