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carbon bubble

Infrastructure

'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

clock 12 February 2020 • 8 min read

Energy

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

clock 20 January 2020 • 2 min read

Climate change

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

clock 13 December 2019 • 8 min read

Investment

AXA promises investment and insurance coal phase-out

Campaigners hail new climate strategy as a 'new global benchmark for best practice'

clock 28 November 2019 • 2 min read

Investment

'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

clock 20 November 2019 • 7 min read

Investment

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

clock 15 November 2019 • 7 min read

Investment

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

clock 04 November 2019 • 3 min read

Infrastructure

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

clock 17 September 2019 • 8 min read

Energy

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

clock 03 September 2019 • 3 min read

Investment

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

clock 28 August 2019 • 2 min read
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