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Fossil Fuels

Toxic corporate bonds are bankrolling the climate crisis

Investment

Toxic corporate bonds are bankrolling the climate crisis

Asset managers and other corporate bond investors have become the fossil fuel industry's funders of last resort, warns Common Wealth's Sophie Flinders

clock 07 December 2023 • 4 min read
COP28: Push for fossil fuel phase out continues as latest draft text emerges

Politics

COP28: Push for fossil fuel phase out continues as latest draft text emerges

Numerous options remain on the table as second draft of COP28 'Global Stocktake' text is published in Dubai, with negotiators seeking landing ground on wording around fossil fuels

clock 05 December 2023 • 10 min read
'The phase down and phase out of fossil fuels is inevitable': COP28 talks on fast-forward as key dividing lines emerge

Politics

'The phase down and phase out of fossil fuels is inevitable': COP28 talks on fast-forward as key dividing lines emerge

Row on the future of fossil fuels focuses minds, as businesses reiterate calls for 'fossil fuels phase out language' to be included in any final agreement

clock 04 December 2023 • 10 min read
'We are discussing everything': COP28 Presidency sets sights on deal to 'keep 1.5C within reach'

Climate change

'We are discussing everything': COP28 Presidency sets sights on deal to 'keep 1.5C within reach'

Row explodes over calls to 'phase out' fossil fuels, as COP28 hosts insist 1.5C goal remains 'North Star' for the Summit

clock 03 December 2023 • 8 min read
'It's hard to see how this aligns': How the G20 provided $1.3tr of support to fossil fuels last year

Policy

'It's hard to see how this aligns': How the G20 provided $1.3tr of support to fossil fuels last year

Analysis from BNEF reveals huge scale of continued government support for fossil fuels, as calls grow for COP28 to deliver crackdown on fossil fuel production

clock 21 November 2023 • 8 min read
Phasing down and out in London and Dubai

Politics

Phasing down and out in London and Dubai

The difference between 'phasing out' and 'phasing down' fossil fuels could determine whether climate disaster is averted or not - governments have a duty to explain what the terms they are squabbling over mean

clock 10 November 2023 • 7 min read
Government urged to clarify stance on phasing fossil fuels 'out' or 'down'

Politics

Government urged to clarify stance on phasing fossil fuels 'out' or 'down'

Graham Stuart suggests government less concerned over whether COP28 text promises to either phase fossil fuels out or down, as long as it 'translates into real action'

clock 10 November 2023 • 3 min read
'Throwing humanity's future into question': Governments continue fossil fuel production push in defiance of climate goals

Energy

'Throwing humanity's future into question': Governments continue fossil fuel production push in defiance of climate goals

UN-backed report warns world's biggest oil and gas producing nations are on course to overshoot global Paris Agreement climate thresholds as they continue to pursue plans to expand production

clock 08 November 2023 • 8 min read
Rishi Sunak to announce plans for annual North Sea oil and gas licensing rounds

Energy

Rishi Sunak to announce plans for annual North Sea oil and gas licensing rounds

Proposed net zero 'tests' for future licensing rounds branded as 'beyond disingenuous' by climate campaigners

clock 06 November 2023 • 9 min read
'Industrial food systems have a fossil fuel problem': Study estimates global food system uses 15 per cent of all fossil fuels

Energy

'Industrial food systems have a fossil fuel problem': Study estimates global food system uses 15 per cent of all fossil fuels

Report warns oil companies are manoeuvring to lock in global food system's dependence on fossil fuel-based pesticides, fertilisers, and plastic packaging

clock 02 November 2023 • 3 min read
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