Tag: fossil fuel
Poor air quality from burning fossil fuels such as coal and diesel was responsible for more than 8 million deaths in 2018.
“We are committed to ensuring, in a transparent manner, that the industry associations of which we are a member adopt positions and messages that are aligned with those of the Group in the fight against climate change.”
“Does investing in oil and gas companies still make sense?”
"The fossil fuel industry is terrified the tactics taken in Grant Township are spreading."
The industry is spending heavily to again deceptively sell the myth that hydrogen—a fossil fuel based gas just like methane—is the new bridge fuel.
“If the state fails to require CRC to set aside funds to pay for its well closure obligations as part of the bankruptcy proceeding,” taxpayers could eventually foot the bill “to plug CRC’s abandoned wells.”
The University of Cambridge announced it will "remove all direct and indirect investments in the fossil fuel industry from its £3.5 billion endowment fund by 2030."
It’s past time these firms reconsidered how they represent one of the most destructive industries in history, and there’s no reason law students should not consider this representation in deciding how to direct their careers."
The financial institute is the first major American bank to commit to "providing financing, expertise and thought leadership to support the transition to a low-carbon world."
Despite divestment victories, big banks and asset managers continue driving climate change through their lending practices.