Fossil Fuels
World Bank’s private sector arm to stop supporting new coal
The International Finance Corporation is closing a loophole that allowed its financial clients to continue funding new coal projects
Migrant workers face risks building Europe’s new gas supplies in the UAE
Climate Home spoke with migrant workers in the UAE, who face harsh conditions and a lack of transparency when risk turns deadly.
OECD reforms set to give “green” projects better export finance
OECD countries agree to extend support for ‘climate-friendly’ projects. But vague definitions and inclusion of contested activities worry campaigners.
Uncertainty on renewable retraining frightens South Africa’s coal communities
An investigation by Oxpeckers and Climate Home found coal-reliant communities in South Africa have scarce details on how funds for reskilling workers from its $8.5 billion deal will be implemented.
Revealed: How Shell cashed in on dubious carbon offsets from Chinese rice paddies
Shell’s rice farming offset projects are under review. Climate Home found them riddled with accounting loopholes and questionable integrity claims.
Governments battle over carbon removal and renewables in IPCC report
While the Saudis pushed carbon capture and storage technology, Europeans fought for wind and solar to be talked up in the report.
Nations seek compromise on fossil fuel phase-out ahead of Cop28
Governments will hold consultations on whether to call for a phase out of fossil fuels at the Cop28 climate talks in November
Argentina secures funding boost to kickstart gas exports from ‘carbon bomb’
President Alberto Fernández is seeking funding for an export pipeline that would channel Vaca Muerta’s gas to neighbouring countries
Chinese coal boom a ‘direct threat’ to 1.5C goal, analysts warn
Energy security fears prompted Beijing to rapidly accelerate coal power plans last year, raising concerns about the country’s impact on greenhouse gas emissions
Vietnam’s energy transition deal is a ‘black box’, partner warns
A Vietnam government partner suggested that even Hanoi is unaware of the details of the energy transition package
EU agrees diplomatic push for fossil fuel phase out ahead of Cop28
The bloc has made achieving a global phase out of coal, oil and gas “well ahead of 2050” a priority of its climate diplomacy
COP28 boss urges Big Oil to join fight against climate change
Cop28 president and oil and gas executive Sultan al-Jaber urged energy conference participants in Houston to do more faster to limit global warming
Canada sets out green investments guide amid complaints of industry capture
The process to create Canada’s first guide for green investiments has been accused of being undemocratic and extending the life of polluting fuels.
Finance key climate issue for new Nigerian president
Without climate finance from rich nations, “we are not going to comply with your climate change” said Bola Tinubu
Total escapes court censure over East African oil pipeline
The court said campaigners arguments against the East African crude oil pipeline had changed too much – they are considering an appeal
Study: IPCC asks emerging countries to drop coal faster than rich nations did
A new study has found that most energy transition models ask nations like China, India and South Africa to cut coal use twice as fast as developed countries ever did.
Coal communities fear South Africa’s clean energy transition
Almost 80% of the more than 80,000 residents working in Ermelo are employed by Eskom and Transnet, the state-owned energy and transport companies
DR Congo delays rainforest oil auctions
After a series of multinational oil companies ruled themselves out of the controversial projects, the government pushed back bidding at the last minute
WoodMac wins: The consultancy giving cover to fossil fuel projects
Wood Mackenzie research was used to justify UK support for a gas megaproject in Mozambique and a new coal mine, in government and in court
German CO2 cuts stall as coal, oil use cancel out renewable gains
In a pivot away from Russian gas, Germany cut energy consumption to its lowest level since the Berlin Wall fell – but increased coal burning