carbon bubble
AXA trims portfolio's 'warming potential', as company warns of climate costs
Insurance giant's annual climate report warns the companies it invests in could lose over 10 per cent of their revenues by 2030 under a 1.5C scenario
'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears
Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected
'Clock is ticking': Analysts warn that following BP decision, oil sector should brace for more write-downs
Carbon Tracker analysis details how four European oil majors have now taken hits to their asset valuation as net zero transition gathers pace
'Supporting stranding': UK Export Finance accused of funding oil projects in defiance of Paris Agreement goals
New analysis from Carbon Tracker warns UK government financing for upstream oil and gas projects in Brazil and Ghana is 'failing the Paris test'
BNP Paribas accelerates 'complete coal exit' plan
Banking giant pulls forward target to end the use of coal by its electricity-producing customers to the end of 2030
A fork in the road?
Michael Holder argues the direction of the recovery is all to play for, but the reinvigorated pursuit of net zero emissions has economic logic on its side
'Good money after bad': Why new coal power would be a risky post-Covid-19 investment
Almost half of all global coal plants are already set to run at a loss in 2020, warns think tank Carbon Tracker
'Deeply disturbing': Just 35 banks have handed $2.7tr to fossil fuels since 2015, study finds
Major study backed by 250 NGOs and environmental organisations claims financing for fossil fuels has risen every year since the Paris Agreement was signed
'We need a rapid transition': BP announces net zero by 2050 'ambition'
New CEO at global oil giant will step up its investment in non-oil and gas activities, but campaigners argue much more detail is required on how the company will pivot towards net zero emissions
IEA: Oil and gas companies can't ignore the climate crisis
Fossil fuel firms must develop a clear strategy for managing the low carbon transition, experts are set to warn attendees at the World Economic Forum in Davos
As the climate crisis grows, Big Oil finds itself over a barrel
The sector is facing strong headwinds from activists, investors and governments, pitting the companies' relentless growth ambitions against the worsening signs of climate change
AXA promises investment and insurance coal phase-out
Campaigners hail new climate strategy as a 'new global benchmark for best practice'
'Deeply irresponsible': Fossil fuel production set to far exceed climate thresholds, report warns
Research led by UN Environment Programme calls for end to coal, oil, and gas subsidy support and increase in climate policy ambition
European Investment Bank: 'We will stop financing fossil fuels'
Multilateral bank says world's 'most ambitious climate investment strategy' will unlock €1tr of climate action and environmental sustainable investment through to 2030
Revealed: US asset management giants slammed as pro-climate proxy votes worst performers
Capital Group, T.Rowe Price and BlackRock register worst records, according to new analysis
Plan A + B failed. What next for big oil?
As predictions of peak oil demand become more prevalent and environmental protests more vocal, Ed King wonders where the oil industry goes next
Net zero: Oil and gas industry feels the climate heat
Oil and Money conference renames itself the Energy Intelligence Forum after New York Times drops sponsorship, while the UK's Oil and Gas Technology Centre announces Net Zero Solution Centre
Justin Welby: Investors must pressure firms to act on climate crisis
Archbishop of Canterbury says fund managers are not doing enough to press for change
We need a Green Bank of England
We should empower our central bank to go further in steering capital flows towards the low-carbon economy, argues Positive Money's executive director Fran Boait
City urged to attach 'climate risk' reports to pensions
MPs want mandatory climate reporting within three years to avoid risk to investments
Capitalism is part of solution to climate crisis, says Mark Carney
Bank of England governor says firms that ignore crisis 'will go bankrupt without question'
Your oil major needs you
Shell's Ben van Beurden recently declared the pursuit of a net zero economy was 'the only way to go', but how can the fossil fuel industry overcome the barriers that block the path to deep decarbonisation?
Chubb chucks coal
Insurance giant becomes the largest US insurer to date to announce it will halt underwriting for companies that are reliant on coal mining and power plants
CFA UK to introduce ESG investing qualification
First exam for new ESG investment qualification to take place on 1 December
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