Fossil Fuels

Asian Development Bank

Asian Development Bank urged to halt fossil fuel finance in Bangladesh

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.

Trinidad

U.S. scuttles bet of gas-hungry Trinidad on Venezuela

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.

Von der Leyen

EU Commission to unveil Russian fossil fuel phase-out plans: Von Der Leyen

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.

Niger Delta

Shell exit exposes Niger Delta health crisis

Shell’s decision to end nearly nine decades of operations in the Niger Delta has sparked concern over accountability for environmental damage in Nigeria.

Mexico LNG

Mexico LNG threatens “world’s aquarium”

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.

Organized Crime and Investor Risk: Mexico LNG push faces mounting obstacles

trade war

Trump’s trade war hits energy sector

Canada and Mexico have expressed shock at the unprovoked trade war launched by the U.S. President. The energy sector will take a hit.

LNG

Europe LNG support could deepen fossil fuel dependence

An unpublished EC document explores direct public support for LNG projects overseas.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.

U.S. climate

Trump attacks U.S. climate policy to help oil and gas

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.

CCPI

No fossil fuel phase-out yet despite rapid renewables growth: CCPI report

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.

credit export agencies

Biden considers OECD proposal to end export credit agencies’ support for oil, gas

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.

Global Climate and Health Alliance

Global Climate and Health Alliance demands $1tn in grants to protect health: COP29

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.

COFFIS

UK, New Zealand, Columbia join COFFIS coalition on fossil fuel incentives phaseout

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.

COP29

New study links heatwaves to fossil fuel emissions: COP29

A new report released by Carbon Brief during COP29 reveals that 24 previously impossible heatwaves have struck global communities.

fossil fuel subsidies

Fossil fuels subsidies at all-time high, say researchers at COP29

The climate crisis is worsening and yet fossil fuel subsidies remain at an all-time high, according to a report released during COP29.