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Pressure on creatives: PR, advertising firms targeted by fossilfuel divestment movement. As fossilfuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.
That’s the message from several recent reports focusing on the role of service-sector companies in addressing — positively or negatively — climate change. supported $1.316 trillion in transactions for the fossilfuel industry. received $37 million in compensation for fossilfuel industry lobbying. Featured Column.
The push to quickly transition carbon-intensive activities away from fossilfuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Manufacturing is going electric, too, as companies ratchet up their net-zero-carbon goals.
The conference, which is being held from 22 to 25 September in Liverpool, is one of the largest political gatherings in Europe and will feature set piece speeches from Labour’s newly-elected Cabinet ministers. These include the controversial energy company Drax , the fossilfuel lobby group Offshore Energies UK , and the gas company Cadent.
A tidal wave of new carbon emissions data soon will be upon us. A radical increase in available carbon emissions data may be just around the corner. Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossilfuel economy. Ian Kearney.
Drawing upon findings recently published by the Intergovernmental Panel on Climate Change’s (IPCC) Sixth Assessment Report (AR6), the report from the Climate Crisis Advisory Group (CCAG) argues that current global emissions targets are inadequate and that net negative – rather than net zero – strategies are required.
Fossilfuels such as coal, oil and natural gas are the source of just over 80% of the world’s energy. To avert catastrophic warming, the global community must rapidly reduce how much of these fuels it extracts and burns. target because it was already at its limit, given our projections of fossilfuel demand in the near future.
Most buildings run on multiple fuels. And they consume fossilfuels such as natural gas or propane to power furnaces, boilers, and water heaters. That persistent reliance on fossilfuels makes buildings one of the largest sources of planet-warming pollution. Heat pumps are the big one. Already, around 30 U.S.
The business and reputational risks for companies that provide a platform for, or create, fossilfuel advertising are growing. It's a question that has moved up the agenda over the last few days, after multiple campaigns launched urging advertisers and media companies to cut ties with fossilfuel companies.
The meetings – which include in-person talks with the then Business and Energy Secretary Kwasi Kwarteng and his minister Greg Hands (now the Conservative Party chairman) – are revealed in research by Fossil Free Parliament (FFP), a group campaigning against fossilfuel influence on UK politics.
What is considered comfortable now could have consequences in the future - especially if it means reverting back, even in the short term, to old, damaging, carbon-based energy tactics. While energy as a political and economic tool is far from a novel concept, it has once again been pushed to the fore. Striving for self-sufficiency.
Agencies facing fresh calls to cut their ties with laggard fossilfuel firms, leaving many in the advertising and PR sector with difficult decisions to make. And energy providers the world over are rushing to slash their reliance on fossilfuels as the clean energy transition gathers pace. It is a big business.
A large donation to the Labour Party from wood-burning giant Drax has raised concerns among campaigners over the sway of big carbon emitters over Parliament. The payment from the former coal-fired power station was registered on September 12 last year, and published in December in the Electoral Commission register of political donations.
The business and reputational risks for companies that provide a platform for, or create, fossilfuel advertising are growing. It's a question that has moved up the agenda over the last few days, after multiple campaigns launched urging advertisers and media companies to cut ties with fossilfuel companies.
This article discusses measures the seafood industry can take in order to limit their negative impact on our world’s oceans. Reduce fossilfuel use. From litter and pollution to overfishing and habitat destruction, today’s unsustainable commercial fishing has a significant negative impact on the oceans’ ecosystems.
“They are donating all of this electricity they paid highly for in subsidies to other countries, often with negative prices,” said Jussi Heikkinen, director of growth and development for the Americas at Wärtsilä, a Finnish company that manufactures battery storage and flexible gas power plants.
Blue hydrogen has been marketed as a climate-friendly fuel since the production process aims to capture most of the associated carbon dioxide (CO2) emissions. It adds: “Our innovative LCH [low carbon hydrogen] technology is ready to go and allows for high purity and clean hydrogen to be produced from natural gas at scale.”.
The fossilfuel industry, pesticides, and industrial agriculture are inextricably linked,” explained Asha Sharma, PANNA organizing co-director and co-author of the report. Pesticide companies are complicit in the climate crisis, and further the agricultural sector’s dependency on fossilfuels.”.
Currently it claims to represent 452 cities, 22 regions, 1,101 businesses, 45 of the biggest investors, and 549 universities, arguing these 'real economy' actors join 120 countries and constitute the largest ever alliance committed to achieving net zero carbon emissions by 2050 at the latest.
Mark Fullbrook, who ran Truss’s leadership campaign, launched a political consultancy – Fullbrook Strategies – in March , with clients including Cerulean Winds, official records show. Green Party Peer Natalie Bennett said: “We need fossilfuels to stay in the ground. Green’ Oil Rigs.
In June this year, UN Secretary-General Antonio Guterres urged communications agencies to stop working for fossilfuel companies, saying PR campaigns run by “Mad Men fuelling the madness” were making the climate crisis harder to address.
Without the proper procedures and policies, marinas and boatyards have a major negative impact on the environment, hurting their reputation, their business and the planet. Fossil-fuel and carbon discharge – Boat motors idling, buildings burning oil and gas are adding to our planet’s carbon footprint and driving dangerous climate change.
Investment in clean energy from fossilfuel majors saw a marked uptick during the pandemic in 2020, research suggests. Well, there are a growing signs that some may be at least starting to quietly plot their future beyond fossilfuels.
The revised strategy "reflects the ongoing global energy transition", with obligations for operators to limit reliance on imports, boost efficiency of production, and harness their skills and infrastructure to support hydrogen production and carbon capture and storage projects, the Oil & Gas Authority (OGA) said.
In fact in many states, the wholesale cost of electricity moves into negative prices in the middle of the day when rooftop solar system generation peaks. In the global context, Australia is a relative laggard in introducing climate policy which is creating increasing tension within political parties and.
degrees Celsius above pre-industrial levels, reach carbon neutrality by 2050 and cut greenhouse gas emissions by 45 per cent from 2010 levels, by 2030. The key missing ingredient is a lack of political will he said: “Political will to put a price on carbon. Global average levels of carbon dioxide reached 407.8
A timeline from coal to negative emissions at Drax – told by the engineers who were there. Today, however, sustainably-sourced compressed wood pellets have enabled the Yorkshire power station - once the country's largest single source of emissions - to rapidly decarbonise, with carbon dioxide (CO2) emissions 85 per cent lower than in 2013.
” With more than $6 trillion of investments under management and influence in boardrooms of nearly 1,800 companies, what BlackRock says carries big weight across the corporate and political world. Peabody’s annual report points glumly at the negative sentiments of sections of the financial community.
I tweeted about this (on my political Twitter account) and was quite surprised at the negative reaction to the view that our personal choices have (carbon) consequences. Even the idea of a personal carbon footprint is apparently a nefarious attempt by Big Oil to shift blame away from themselves and on to the individual.
His areas of expertise include providing advice on greenwashing claims, sanctions risk, sustainability due diligence compliance, voluntary carbon markets, product labelling, and mandatory sustainability reporting, among others. Political uncertainty represents a significant obstacle to the net zero transition.
For instance, the company’s just-published “ Energy Transition Progress report ” references chemicals right alongside “low carbon energy” and “renewable natural gas” as examples of the company’s stated commitment to lowering emissions. Town sign for Norco, Louisiana. Shell US did not respond to a request for comment from DeSmog. Shell Norco.
org, finds that the hidden costs associated with the Vaca Muerta — negative health impacts, carbon pollution, environmental damages from oil and gas spills, and economic risks of stranded assets — could reach as high as $5.6 As investments in fossilfuel infrastructure continue to rise, so too do the risks.
Fresh analysis backed by 40 major energy, finance, and industry companies - including Shell, BP, Volvo, and ArcelorMittal - explores actions required this decade to deliver an emissions-free economy by mid-century that is not overly reliant on carbon offsets.
Policy documents released yesterday offer a glimpse into how big a role the government envisages for technologies such as carbon capture utilisation and storage (CCUS), direct air capture (DAC), and bioenergy with carbon capture and storage (BECCS) in supporting its Net Zero Strategy.
It is in no way limited to political opponents and environmental activists whose jobs inherently require a degree of performative hostility towards government ministers. This time there is none of that. There is just cold fury, cut with a sadness deeper than any mine. This anger is also widely held. We should be getting clean.
And energy providers the world over are rushing to slash their reliance on fossilfuels as the clean energy transition gathers pace. Between 2008 and 2017, fossil-fuel industry trade associations in the U.S. It is a big business. spent almost $1.4
Will well-intentioned critiques of demonstrably inadequate net zero strategies catalyse more ambitious decarbonisation plans or will they inadvertently undermine a trend that has helped successfully push climate issues up the corporate and political agenda? It's that simple.
Since the BRT statement there’s been a surge in aggressive carbon-reduction goals, up from just a handful of organizations a decade ago, to two-thirds of Fortune Global 500 companies with significant commitments today. There’s been little corporate pushback on politically motivated attacks on ESG and DEI.
We have limited time to move from a system where around 80 per cent of our primary energy supply comes from fossilfuels, to one where low-carbon technologies dominate. Reaching the UK's target of net zero emissions by 2050 will require a complete transformation of the energy system.
There is a very real risk that without the clear diplomatic focus of a new treaty to work towards - something the talks have had pretty much uninterrupted since their inception - the COP process could lose much of its political power and its media pull.
Ahead of tomorrow's Net Zero Festival, Toby Hill explores how carbon offset standards are evolving in a bid to assure clients and campaigners that promised carbon savings can be delivered. To find out more about the role of carbon offsets in the net zero transition, sign up now for a free pass to tomorrow's Net Zero Festival.
It meant that anyone continuing to bet on a high carbon future was tacitly accusing governments of either being incapable of delivering on their stated goal or engaged in a global conspiracy to deceive the public about their true intentions. Of course, it's not quite that simple.
Just Transition Jobs Tracker details how around one in five UK jobs are likely to be affected either positively or negatively by the net zero transition, further cranking up pressure on government to deliver coherent transition plan. It found that approximately 6.3
Spurred on by that support and held to account by national and international media outlets - many of which will be watching how this unfolds more closely as a result of all the political drama - the government has sprung into action to rectify the accusations made on the fate of COP26. A Strong Office for Environmental Protection.
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