Fossil Fuels Archives | Page 34 of 42

Unions threaten riots, strikes as Nigeria ditches oil subsidy

Government says subsidy cut is vital to rebalance budget, but opposition brand decision “evil” and a “rigmarole”

US and Nordic states agree new measures to regulate Arctic oil and gas drilling, but little sign exploitation will slow

Oil major publishes analysis on global warming goal for the first time, warning it relies on ‘optimistic’ assumptions

Members have urged more than a thousand pension funds to back climate resolutions at oil company AGMs this month

Experts say proposed power plants in India, China, Vietnam and Indonesia would blow Paris climate deal if they move ahead, reports the Guardian

Limiting exploration in line with climate goals makes financial sense, says Carbon Tracker ahead of ExxonMobil, Chevron AGMs

Aviva among latest investors to declare support for climate change resolution at next month’s AGM

Protest highlights climate and local impact of government plans for more than 70 coal power plants

Funds worth €12bn for modernising the power sector in poor member states are propping up fossil fuels, finds Carbon Market Watch

As cabinet approves sweeping economic reforms, prince Mohammed bin Salman says they will reduce reliance on hydrocarbons

Prakash Javadekar urges richer nations to adopt tougher carbon pricing measures, and use proceeds to invest in Global South

Low oil prices have reduced pressure to exploit Arctic fossil fuels and boosted hopes that the region’s fragile environment will be better protected

Swedish utility cuts its losses in controversial transfer of dirty lignite operations to Czech energy company EPH, to reduce carbon exposure

Climate change up with migration and pandemics as the major threat to global economy, says Jim Kim

The Southern Gas Corridor risks locking in higher fossil fuel dependence and wasting colossal amounts of public money

As the US coal giant goes bankrupt, shareholders should beware of fossil fuel companies predicting a rosy future

NEWS: Cheap fossil fuels could thwart development of renewables, says global lender in economic outlook

NEWS: World’s largest private coal mining company is mired in debt after failing to anticipate price downturn

NEWS: Swedish utility Vattenfall poised to sell dirty lignite operations to Czech billionaires who used offshore accounts to buy yacht and property

NEWS: Analysis firm sees brighter future for mining companies, but climate researchers disagree