Fossil Fuels
Indonesia to burn coal well into the 2050s, under updated climate plan
The world’s second biggest coal producing country is depending on carbon capture to keep the industry alive in its “low carbon” scenario
Ocean fire raises questions about US support for Mexico’s oil and gas industry
US export credit agency Exim bank has provided $16.14 billion in loans and guarantees to Pemex since 1998, with recent funds going to the site of the fire
Ocean fire exposes weak regulation of Mexico’s oil and gas sector
After ‘eye of fire’ footage goes viral, Pemex denies its ruptured gas pipe caused environmental damage and campaigners demand an investigation
China’s biggest bank is ditching Zimbabwe coal plant, campaigners say
The Industrial and Commercial Bank of China told environmentalists in a meeting last month they would not go ahead with the 2.8GW Sengwa coal plant
Canada’s next climate plan must finally address its blind spot: oil and gas emissions
Justin Trudeau cannot claim to be a climate leader while championing a high-carbon industry; it’s time for a managed decline of oil production
India’s biggest oil refiner to invest $10bn in clean energy ‘gigafactories’
Reliance Industries plans to mass produce solar panels, renewable hydrogen, fuel cells and batteries in Jamnagar, alongside the world’s largest oil refinery
Infrared images show under-regulated ‘methane crisis’ across Europe
Campaigners found 120 cases of methane leakage and venting from oil and gas infrastructure in seven European countries
By greenwashing Shell, the Science Museum is failing young people
As a biology and chemistry student I love London’s Science Museum, but its acceptance of oil sponsorship for a climate change exhibition is inexcusable
Climate fund considers India, South Africa to pilot $2bn coal transition scheme
Climate Investment Funds CEO Mafalda Duarte has been tasked with mobilising private capital to help wean developing countries off coal and create cleaner jobs
Norway eyes expansion of oil and gas industry under policy proposal
The government wants to hand out more exploration licences – ignoring modelling that shows fossil fuel expansion must end now to meet global climate goals
Tar sands companies aim for ‘net zero’ by 2050 – with no plan to extract less oil
The alliance of Canadian oil producers makes no mention of winding down oil production, which modelling shows is necessary to achieve global climate goals
The EIB won’t become a climate bank until it fully stops supporting fossil fuels
The bank has committed to end fossil fuel financing by the end of the year but has handed out billions in support for companies wedded to the industry
UK calls on Indonesia to set out roadmap to net zero emissions
During a three-day visit to southeast Asia’s largest economy, Alok Sharma met with a host of ministers to discuss how to transition the nation from coal to renewables
Paris deal enters boardrooms – Climate Weekly
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G7 commits to end unabated coal finance in 2021 to ‘keep 1.5C within reach’
After initial resistance, Japan agreed to the ministers’ statement, leaving China isolated as the last significant coal funder overseas
Fossil fuels on notice – Climate Weekly
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Shell’s net zero plan will be judged on science, not spin
Shell’s net zero plan is better seen as a defence of its core oil and gas business, which it is planning to expand, than a genuine energy transition
IEA: End fossil fuel expansion now for net zero energy emissions by 2050
The International Energy Agency has mapped a path to net zero emissions for the first time – and it involves ending investment in new coal, oil and gas production today
UK calls on countries to ‘consign coal to history’ at Cop26
As a global shift away from coal gathers momentum, the UK government is putting it at the heart of its the vision for this year’s UN climate talks in Glasgow
Indonesian utility pledges to stop building coal plants beyond existing pipeline
State-owned electricity company PLN said it will finish building 20GW of planned coal capacity before turning to renewables