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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.
Nigel Farage ’s Reform party received £135,000 this year from donors linked to climate science denial and fossilfuels, DeSmog can reveal. Reform UK , formerly the Brexit Party, is a vocal critic of climate action, and last year called for a referendum on the UK’s net zero policies. billion invested in fossilfuels.
. | Photographer: Krisztian Bocsi / Bloomberg via Getty Images More than 130 companies, including Volvo Cars, Ikea, Unilever, Nestlé, and AstraZeneca, signed a letter calling on governments to adopt a global plan to phase out fossilfuels without carbon capture during upcoming international climate negotiations.
Since then, the Conservative government has made a series of U-turns on its own net zero policies, attacked Labour’s green spending plans, and doubled down on its support for new fossilfuel projects, approving more than 100 new North Sea oil and gas licences. This comes as DeSmog and Democracy for Sale reveal that £6.8
The self-styled PopCons included politicians critical of climate policies and science, including Lord Frost, who is a director of the climate science denial GlobalWarmingPolicy Foundation , as well as Conservative MP Lee Anderson and Reform party president Nigel Farage.
The firm is owned by Terence Mordaunt , a director and former chair of the GlobalWarmingPolicy Foundation (GWPF), the UK’s leading climate science denial group. Hosking previously told DeSmog: “I do not have millions in fossilfuels; it is the clients of Hosking Partners who are the beneficiaries of these investments.”
billion invested in fossilfuels firms – including oil and gas majors Chevron, Shell, and Equinor – as of June 2023. DeSmog can also now report that one of the largest shareholders in Marshall’s hedge fund has extensive fossilfuel investments. As revealed by DeSmog, Marshall Wace had £1.8
Over the last year, the governing Conservative Party has watered down its support for the UK’s flagship 2050 net zero emissions target, and has enacted policies to increase fossilfuel extraction. million from fossilfuel interests, £5.7 Since the December 2019 election, the Conservatives have received £2.35
Those processes use a lot of energy and largely come from fossilfuels; one-third of U.S. To achieve net-zero economy-wide emissions by 2050 and limit globalwarming, industrial emissions must drop while still meeting societal needs. Pursue policies, regulations and RD&D to stimulate the market. Start with heat.
Nations have moved too slowly to curb climate change, and now must take swift and aggressive steps if they hope to avoid the worst impacts of globalwarming, the world’s top scientists warned on Monday. degrees Fahrenheit) of warming. degrees C and potentially past 2 degrees C of warming. degrees Celsius (2.7
The beginning of the end for fossilfuels? This text is a step forward on our path towards phasing out fossilfuels, but is not the historic decision we hoped for.” More than 100 countries came to the table pushing for an official agreement to “phase out fossilfuels.”
French oil giant Total knew that its fossilfuel extraction could contribute to globalwarming as early as 1971 but stayed silent about it until 1988, according to a new study. In 2018, 89 percent of global carbon dioxide emissions came from fossilfuels and industry. Fifty Years Ago’.
Putting world on path to 'well below' 2C temperature goal in the Paris Agreement could create millions of green jobs worldwide, offsetting losses in fossilfuel sector, research estimates. Other countries such as Canada, Australia and Mexico, which are heavy fossil-fuel exporters, could also suffer net job losses.
The Tory leader, who has received recent donations from fossilfuel interests and climate science deniers, made her speech at the Havas Village in Kings Cross, London, and was introduced by H/Advisors CEO Neil Bennett. However, her support for the policy has waned in more recent times. million from senior figures at the GWPF.
Conservative leader Kemi Badenoch ’s head of policy slammed the UK’s 2050 net zero emissions goal while working for a group that has been funded by BP, DeSmog can report. These include Badenoch’s head of policy Victoria Hewson, who used to work for the Institute of Economic Affairs (IEA). think tank transparency index.
A Conservative peer who was until last year a trustee of the UK’s most prominent climate science denial group is set to be appointed to a parliamentary committee tasked with overseeing the UK government’s climate policy. The post ‘Lukewarmist’ Peer Set for Role Scrutinising Government Climate Policy appeared first on DeSmog.
Scientists believe that stabilising our warming world’s temperature at 1.5C 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.
The report examines the sources of global emissions, explains developments in emissions reduction and mitigation efforts and assesses the impact of national climate pledges. One of the report’s key findings is that limiting globalwarming will require major transitions in the energy sector. Climate change policy.
Environmental groups, faculty associations and others seeking to slow climate change are pushing California to cut its investments in fossilfuels. billion invested in fossilfuel companies that are driving the climate crisis. They’ve had little success. State pension funds have an estimated $14.8 and the world.
New campaign backed by Bill McKibben argues it is 'time for PR and ad agencies to come clean' over work for fossilfuel clients. Between 2008 and 2017 fossilfuel industry trade associations spent almost $1.4tr on public relations, advertising, and communications contractors, according to Clean Creatives.
Policy Exchange, one of Westminster’s most prominent think tanks, engaged in a high-level influencing campaign over the UK’s North Sea oil and gas policies while being funded by fossilfuel interests, DeSmog can reveal. Policy Exchange received $30,000 from the oil and gas supermajor ExxonMobil in 2017.
The former prime minister’s 45 nominees – who were approved by his successor Rishi Sunak on Friday, just hours before Johnson’s resignation as an MP – include four Conservative MPs with a history of casting doubt over climate science or policy. Last August, Cox said : “I am now even more convinced man is not responsible for globalwarming.”
The UK organisers of the upcoming COP26 climate summit have come under fire for approving just two events that refer to fossilfuels, the primary driver of climate change, in a programme of public events happening alongside the main conference. In 2018, 89 percent of global carbon dioxide emissions came from fossilfuels and industry.
Individuals and entities linked to climate denial, fossilfuels and high pollution industries donated more than £3.5 This revelation comes on the government’s supposed ‘green day’, when it has announced a long list of policies on energy and the transition to net zero. million to the party, which had an income of £31.7
Net Zero Festival: Leading figures from IEA, Carbon Tracker and Ceres unite in calls for more ambitious government action to shift away from fossilfuels. Campanale was optimistic that if such board-level activity grows across the high-carbon sectors, the fossilfuel industry would start to feel the economic pressure.
Companies around the world call on G20 leaders to ramp up climate commitments in 'most ambitious' call for policy action yet from businesses. Described as "the biggest and most ambitious call for policy action from business that we've seen", the letter has won the backing of businesses representing over £1.8tr in revenue and 8.5
The report underscores that to meet the Paris Agreement’s target of limiting globalwarming to 1.5C, hydrogen deployment must scale significantly. to six times more expensive than hydrogen from unabated fossilfuels. However, according to the IEA report, the speed of hydrogens adoption falls short of expectations.
The UK's export credit agency could support up to 42,000 jobs around the UK by 2035 if it switches it support for overseas fossilfuel projects to renewables and clean energy infrastructure, according to a major new analysis from Vivid Economics.
Bank bosses due to attend a green investment summit tomorrow head institutions which have provided over £700 billion of financing for the fossilfuel industry since the 2015 Paris Agreement, including £129 billion in 2020 alone. . JPMorgan financed £230 billion in fossilfuels between 2016 and 2020. billion in 2020.
Just 13 financial players out of hundreds assessed from around the world have restrictions in place against funding oil and gas industry expansion, according to the Oil and Gas Policy Tracker. New funding for fossilfuels is delusional,” Guterres said on June 14. New funding for fossilfuels is delusional.
Production Gap report reveals governments still plan to produce more than double the amount of fossilfuels in 2030 than is consistent with limiting globalwarming to 1.5C. This is what climate ambition looks like.".
A global coalition of NGOs has this week written to many of the world's largest banks, including HSBC, Morgan Stanley and Bank of America, urging them to restrict their financing of fossilfuel projects in order to align with the recently strengthened membership criteria of the UN-backed Race to Zero campaign.
By Paasha Mahdavi and Andrew Howell At the UNs annual climate conference, held last month in Azerbaijan, world leaders took the stage to promise a bold transition away from fossilfuels. Methane is a potent greenhouse gas, responsible for about a third of the globalwarming we are experiencing today.
New tool designed to help civil society and investors scrutinise the mismatch between national climate goals and energy policies. Developed by influential financial think tank Carbon Tracker and Global Energy Monitor, the registry reveals that producing and burning all the world's reserves of oil and gas would yield more than 3.5
This article by Common Dreams is published here as part of the global journalism collaboration Covering Climate Now. The world’s 60 biggest banks funded fossilfuels to the tune of $6.9 banks provided 30 percent of total fossilfuel finance, the largest share of any country. billion, $396.3 billion, and $333.2
Rising emissions posed a threat to Exxon’s business — selling fossilfuels — so the oil giant took the lead on understanding what was called the “CO2 problem.”. At the time, Exxon was pouring $900,000 a year into researching the effects of burning fossilfuels. Grist / Jessie Blaeser.
“Investing in new fossilfuel infrastructure is moral and economic madness,” UN Secretary-General António Guterres said as the Intergovernmental Panel on Climate Change (IPCC) released part of its latest report on Monday. It is what science tells us will result from our current energy policies.”.
Solar panels alone generate more electricity globally than the entire US power sector does today. That’s the picture the International Energy Agency (IEA) paints in the World Energy Outlook it published today, which is based on governments’ current energy policies. degrees of globalwarming this century.
In the document, the science advisory group calls for far-reaching policy action. So far, EU policies have centered on the concept of ‘Nearly-zero energy buildings’ with a focus on reducing the consumption of energy used to provide comfort to building occupants. But the energy used for operating buildings is only part of the story.
In 2022 the Charity Commission, the UK’s independent charity regulator, launched a case into the GlobalWarmingPolicy Foundation (GWPF), set up by the (now late) Conservative peer Nigel Lawson in 2009. However, the GWPF has received funding from individuals and groups with fossilfuel interests.
At first blush, the Twitter policy seems like it could be a gamechanger. The problem is that Twitter’s new policy won’t actually stop the most dangerous type of climate disinformation: fossilfuel industry greenwashing. We couldn’t agree more. From Denial to Greenwash. The ads are slick, shiny, and effective.
Letter from 50 campaign groups urges government to heed recent advice of International Energy Agency that growing fossilfuel supply is incompatible with a 1.5C The court ruling was hailed by climate campaigners as a watershed moment that could potentialy pave the way for other climate litigation against major fossilfuel firms.
Since 2015, Stringer has been a director of the GlobalWarmingPolicy Foundation , a group founded to contradict established climate science and advocate against policies to limit greenhouse gas emissions. Stringer has vocally questioned climate science and policies to achieve net zero emissions.
Neil Record , a millionaire Tory donor and founder of the investment firm Record Financial Group, is chair of Net Zero Watch (NZW), the campaign arm of the GlobalWarmingPolicy Foundation (GWPF). The IEA has opposed state-led climate policies and has advocated for more fossilfuel extraction.
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