Fossil Fuels articles

BA clears Essex waste-to-fuel plant for take off

Various grounded British Airways airplanes

Solena Fuels and British Airways confirm for Essex plant capable of turning landfill waste into green jet fuel

16 Apr 2014

Government finds "no value for money" in keeping coal pits open

Piles of coal

Closure of two UK Coal deep pits leaves "no long-term future for the production of coal resources in the UK", experts say

10 Apr 2014

ExxonMobil rejects climate change risk to operations

oil-field-1-web

World's largest oil and gas company says all of its fossil fuel assets will be needed to meet global demand for energy

01 Apr 2014

New York City wants fossil fuels to go the way of the dinosaur

Divestment activists are pushing for New York City to take a stand against dirty energy through a $147 billion fossil fuel divestment opportunit

26 Mar 2014

Fracking safety: Report warns of 'significant unknowns'

Sparse public data on onshore oil and gas drilling makes full extent of failures in hydrocarbon wells unknown, experts say

25 Mar 2014

PensionDanmark chief: How to plug the billion dollar climate finance gap

Torben Möger Pedersen tells BusinessGreen climate finance must be made more attractive to the private sector

24 Mar 2014

ExxonMobil agrees to report on climate change's effect on business model

Oil giant bows to pressure from activists who want companies to acknowledge the changes wrought by government action

21 Mar 2014

BP downplays 'overstated' carbon bubble risk

Oil major says claims fossil fuel assets could be hugely overvalued if the world successfully tackles climate change are wide of the mark

20 Mar 2014

Shell admits climate policy threat to profits

Oil major's 2013 Strategic Report highlights company will face project delays and higher costs unless it can reduce emissions

14 Mar 2014

Bank of England warned over 'carbon bubble' risk

MPs urge Bank to investigate threat as UN climate change chief accuses some oil and gas majors of neglecting their fiduciary duty

06 Mar 2014

Peterhead carbon capture and storage project snares UK funding

Ed Davey confirms "multi-million pound contract" for project trapping CO2 from gas-fired power station and burying it under the North Sea

24 Feb 2014

Carbon capture and storage "stalling" in Europe, industry warns

Succession of cancelled projects see EU fall behind North America and China in development of crucial carbon abatement technology

20 Feb 2014

Canadian ports to reward green shipping

Port Metro Vancouver and the Prince Rupert Port Authority embrace new A-G rating for green ships

30 Jan 2014

Oil price volatility undermines economic growth, says Sir David King

Report co-authored by the former government chief scientific adviser says fossil fuels damage more than the environment

28 Jan 2014

Shell's Arctic drilling set back by US court ruling

Appeal court rules environmental risks have not been properly assessed by government in victory for green groups

24 Jan 2014

European utilities "ditched €6bn of gas plant last year"

Smith School study calls on governments to revamp their energy policies to ensure utilities can cope with low carbon transition

17 Jan 2014

China's coal crackdown could leave Australian mines stranded Down Under

Raft of green policy measures in world's largest coal consumer spells big problems for Australian coal investors, report warns

16 Dec 2013

Why your pension fund could be heading for a 'carbon crash'

Asset Owners Disclosure Project finds 80 per cent of investors failing to manage climate change risks

11 Dec 2013

Bloomberg launches new "carbon bubble" risk analysis service

Financial data giant launches Bloomberg Carbon Risk Valuation Tool to help investors gauge whether fossil fuel assets are at risk of overvaluation

09 Dec 2013

Carbon Tracker to expand 'carbon bubble' thinking

Think tank's new chief exec reveals NGO will target specific projects in ongoing drive to alert investors to systemic risk of high carbon assets

05 Dec 2013

Autumn Statement: The green business wish list

Leading figures in the green economy outline what path the Chancellor should take in Thursday's economic update

04 Dec 2013

MPs urge government to cut fossil fuel subsidies, not energy efficiency schemes

Environmental Audit Committee warns George Osborne short term bill savings will be reversed if he scales back insulation initiatives

02 Dec 2013

Report: Keystone XL benefits a "mirage" for oil sands investors

Approval would encourage investment into risky high-cost, high-carbon projects that could end up stranded

27 Nov 2013

Virgin Atlantic and Lanzatech prepare 'low carbon jet fuel' for take-off

Sir Richard Branson hails 'revolutionary new fuel', as Chinese jet biofuel plant becomes the first in world to secure sustainability certification

19 Nov 2013

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