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Fossil Fuels

Investment

End fossil fuel subsidies by 2020, insurers and investors tell G20

Sixteen investors and insurers worth more than $2.8tr in assets under management claim government subsidy support for fossil fuels is jeopardising Paris goals

clock 15 February 2017 • 3 min read

Energy

UK dependency on fossil fuels hits record low

Surge in renewables generation, alongside rebooted nuclear and crash in coal use spell cleanest energy system on record for UK, new BEIS data reveals

clock 26 January 2017 • 1 min read

Investment

HSBC to launch new sustainable finance unit

New unit formed in anticipation of a rising interest in the sector from clients, says banking giant

clock 09 December 2016 • 2 min read

Infrastructure

Diesel farms make fresh bids to supply National Grid back-up power

Polluting generators could win multimillion-pound contracts, with some also eligible for generous tax breaks

clock 06 December 2016 • 6 min read

Investment

Islamic Society of North America becomes world's first Muslim institution to divest

Move coincides with statement from eminent faith leaders, including the Dalai Lama and Archbishop Desmond Tutu, calling on global financiers to divert cash from fossil fuels to renewables

clock 10 November 2016 • 2 min read

CCS

Reports: World's first steel CCS project comes online

Abu Dhabi project expected to save emissions equivalent to taking more than 170,000 cars off the road

clock 07 November 2016 • 2 min read

Investment

Reports: Oil majors prepare to launch renewables investment fund

Seven oil companies, including BP, Saudi Aramco and Statoil, will later this week launch an investment fund to accelerate development of low-carbon technologies

clock 02 November 2016 • 2 min read

Wind

Dong Energy considers sale of oil and gas assets to focus on windfarms

Sale could help Danish company enhance position as leading exponent of wind power in UK

clock 27 October 2016 • 1 min read

Politics

Trump makes polluting projects a priority for first 100 days

Republican candidate's scandal-stricken campaign attempts to reset with policy programme focused on approving Keystone pipeline and slashing climate funding

clock 24 October 2016 • 3 min read

Investment

Are credit ratings agencies finally sounding the alarm on climate risks?

New report from Moody's on power sector risks and opportunities comes amid a flurry of similar warnings from the world's top credit ratings agencies

clock 20 October 2016 • 8 min read
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