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Fossil Fuels

'Hidden subsidy': Bank of England urged to stop accepting fossil fuel assets as collateral for public loans

Policy

'Hidden subsidy': Bank of England urged to stop accepting fossil fuel assets as collateral for public loans

Inclusion of fossil fuel assets in central bank's collateral framework is boosting value of coal, oil, and gas holdings, campaigners warn

clock 28 February 2024 • 2 min read
Research singles out nine financial firms leading shift away from fossil fuels

Investment

Research singles out nine financial firms leading shift away from fossil fuels

New scorecard aims to rate financial firms progress in delivering on net zero goals

clock 08 February 2024 • 4 min read
'More clickbait politics': Green groups slam passage of oil and gas drilling bill

Policy

'More clickbait politics': Green groups slam passage of oil and gas drilling bill

New poll shows majority of public do not believe the government is taking a lead on climate change

clock 23 January 2024 • 6 min read
Analysis: UK electricity generation from fossil fuels plunges to lowest level since 1957

Energy

Analysis: UK electricity generation from fossil fuels plunges to lowest level since 1957

Fossil fuel-generated electricity fell more than a fifth in 2023 to lowest in 66 years, but renewable power generation has also 'effectively stood still', Carbon Brief finds

clock 03 January 2024 • 5 min read
The UAE Consensus shows how fossil fuels are heading for a fall

Politics

The UAE Consensus shows how fossil fuels are heading for a fall

The attempt to brand the UAE Consensus as a success or failure misses the point - its impact depends on what governments and businesses do next

clock 13 December 2023 • 8 min read
UAE Consensus delivers 'landmark' deal to transition away from fossil fuels

Policy

UAE Consensus delivers 'landmark' deal to transition away from fossil fuels

Historic agreement gavelled through minutes after final plenary starts at COP28 Climate Summit in Dubai

clock 13 December 2023 • 11 min read
COP28: Stand off over future of fossil fuels pushes Dubai Summit into overtime

Climate change

COP28: Stand off over future of fossil fuels pushes Dubai Summit into overtime

A long night awaits for COP28 negotiators, as Presidency attempts to break impasse over proposals to phase out unabated fossil fuels and fears grow that talks could end without a deal

clock 12 December 2023 • 9 min read
Whether fossil fuels are phased down or out, demand destruction is accelerating

Energy

Whether fossil fuels are phased down or out, demand destruction is accelerating

New report highlights how mooted goal to treble renewables capacity by 2030 is eminently achievable, as clean power continues to outcompete fossil fuels in key markets

clock 11 December 2023 • 6 min read
'The clock is ticking': COP28 President urges countries to break deadlock as fossil fuel stand-off continues

Climate change

'The clock is ticking': COP28 President urges countries to break deadlock as fossil fuel stand-off continues

Sultan Al Jaber voices frustration at negotiations' sluggish progress on contentious issues such as fossil fuels, finance, and climate adaptation

clock 10 December 2023 • 11 min read
COP28: Fight over fossil fuel 'phase out' intensifies at Dubai talks

Climate change

COP28: Fight over fossil fuel 'phase out' intensifies at Dubai talks

High Ambition Coalition of nations is continuing to push for a commitment to 'phase out' fossil fuels, but fierce opposition from OPEC has fuelled fears a compromise deal could prove elusive

clock 09 December 2023 • 9 min read
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