Fossil Fuels
Banks urged to blacklist Czech coal guzzler EPH
NGOs tell Citibank, HSBC and JP Morgan they are undermining climate policy by financing fossil fuel spree
Paris climate deal needs fossil fuel giants to ‘implode’
Research shows that a “controlled implosion” of the fossil fuel industry and a technological explosion of renewable energy are needed to meet climate targets
Time for divestment and oil subsidy campaigns to join forces?
Investors are less likely to divest if governments continue to prop up the sector with rampant subsidies, aid and investments
Glencore sees strong coal demand despite climate policies
Power plant pipeline will ensure coal assets are not stranded, says Switzerland-based commodity and trading company in first major climate report
Sweden faces climate test as voters oppose brown coal sale
Opinion poll shows half the Swedish population opposes selling Vattenfall’s German mines and power plants to Czech firm EPH
How women could benefit from fuel subsidy reform
Subsidies often don’t help women much at all and reforms provide an opportunity to better target support
Green Climate Fund partners condemned for fossil fuel funding
Study highlights billions channelled towards oil, coal and gas from 2013-2015, support campaigners say is ‘deeply at odds’ with Paris climate deal
Lessons from Indonesia’s fuel subsidy bonfire
Widely praised as a success when rolled out in 2014, Jakarta’s cuts to domestic oil and gas stored up long term fiscal problems that are now emerging
Sustained cheap oil likely to hurt global climate plans
Low oil prices “considerably” hinder transition to greener energy, say IIASA and World Bank analysts, while sustained high prices would give a boost
India coal pathway central to climate challenge – Bloomberg
Analysts expect India’s power sector emissions to treble by 2040, blowing the 2C carbon budget, unless clean energy investment increases
Exxon, Chevron won’t budge on climate – so what happens next?
Shareholder activists are ready to help Rex Tillerson and John Watson understand climate risk, if only they’ll listen
Sweden and Germany must keep Vattenfall’s coal in the ground
State-owned utility cannot walk away from its toxic legacy, warn environmental lawyers ClientEarth
Sweden urged to block Vattenfall coal plant sale
Opposition lawmakers call on state-owned utility to shut down polluting coal assets in Germany, instead of selling them to Czech firm EPH
Oil majors and climate change – a bluffer’s guide
ExxonMobil and Chevron face tough questions from shareholders at their AGMs this week – here’s why
Total rules out Arctic oil drilling, citing 2C goal
French oil major to cut back on expensive tar sands development and avoid the Arctic, raising the bar for industry action on climate change
US, China to publish fossil fuel subsidy peer reviews
Studies being presented at the G20 could kick-start efforts to remove price supports for oil and coal, write Liu Shuang and Hu Min
Exxon, Shell, Total, Statoil renew clean energy drive
Is green the new black? Faced by falling oil prices and plunging profits, big oil companies are investing in renewables and clean energy
G7 host Japan mocks UN climate deal with coal binge, say greens
Report hails US plans to close 100GW of coal power, contrasting it with Tokyo’s policy to support polluting fossil fuel domestically and abroad
Saskatchewan denies climate science as wildfires lick its border
Canadian provincial government hits out at ‘misguided dogma’ as Fort McMurray blaze polarises oil pipeline debate
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”