Fossil Fuels
As the Asian Development Bank’s annual meeting unfolds this week in Milan, there are calls for the bank to stop financing fossil fuels in Bangladesh.
The Trump administration has scuttled an incipient tie-up between gas-rich Venezuela and its gas-hungry Caribbean neighbour Trinidad and Tobago, the latest punch in a revived U.S. campaign to isolate Caracas.
The EU Commission will unveil plans to phase out fossil fuels imports from Russia next month, its president Ursula von Der Leyen said at an IEA Summit on Thursday.
Shell’s decision to end nearly nine decades of operations in the Niger Delta has sparked concern over accountability for environmental damage in Nigeria.
Big LNG plans on Mexico’s Pacific Coast could make it the fourth-largest exporter but would worsen climate change and damage one of the world’s most biologically diverse marine environments.
Canada and Mexico have expressed shock at the unprovoked trade war launched by the U.S. President. The energy sector will take a hit.
An unpublished EC document explores direct public support for LNG projects overseas. But critics warn that doubling down on costly LNG imports might be a drag on the European economy and increase security vulnerabilities.
A series of executive orders sought to dismantle an array of key U.S. climate policies. Some will have limited impact, others could be highly damaging.
Renewables are surging globally, yet fossil fuel phase-out has stalled, says a new report by Climate Change Performance Index (CCPI) released during COP29 in Baku.
The OECD is meeting this week and will consider a restriction on financing from export credit agencies for overseas fossil fuel projects. With Trump set to take power, campaigners are urging Biden to act.
The Global Climate and Health Alliance has slammed wealthy nations at COP29 saying they are blocking a climate finance deal. The coalition demands $1 trillion in grants to protect global health.
At COP29, Dutch deputy PM and climate minister Sophie Hermans announced that the UK, New Zealand, and Colombia have joined the coalition’s efforts to phase out fossil fuel incentives including subsidies.
A new report released by Carbon Brief during COP29 reveals that 24 previously impossible heatwaves have struck global communities.
The climate crisis is worsening and yet fossil fuel subsidies remain at an all-time high, according to a report released during COP29.