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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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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel 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.

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Biomass, captured carbon and plastic waste can help 'defossilize' chemicals, report says

GreenBiz

Policy briefing sets out how industry can move away from fossil fuel feedstocks and embrace low carbon and sustainable alternatives

Carbon 349
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What if carbon border taxes applied to all carbon — fossil fuels, too?

GreenBiz

Carbon border adjustments are trade policies designed to avoid 'carbon leakage' — when manufacturers relocate production to skirt green regulations.

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Using waste carbon feedstocks to produce chemicals

GreenBiz

Using waste carbon feedstocks to produce chemicals. Moreover, using waste carbon to make chemicals also can reduce manufacturers’ reliance on fossil fuels such as crude petroleum and natural gas, an important factor, particularly for the European Union and China, given the volatility in sourcing and pricing of fossil fuels.

Waste 381
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Norwegian Oil Giant’s Plan to Capture UK’s Carbon Is Fraught With Risks

DeSmogBlog

This story is the sixth part of a DeSmog series on carbon capture and was developed with the support of Journalismfund Europe. Norwegian state-owned oil and gas company Equinor, the North Sea’s largest fossil fuel producer, is positioning itself to play a key role in plans to turn Britain into a world leader in capturing carbon.

Carbon 141
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Beyond emissions: The life of a carbon molecule

GreenBiz

Beyond emissions: The life of a carbon molecule. Carbon is everywhere. Carbon atoms flow through all living organisms, from the atmosphere to the earth to the oceans and back again. But carbon is also moving constantly through the global economy, which historically has been powered by burning fossil fuels for energy.

Carbon 496