Tag: fossil fuel

ExxonMobil is currently under investigation by the Securities and Exchange Commission (SEC) for overvaluing assets despite reports that employees disagreed with the valuations.

"Big polluters and rich governments should not only reduce emissions to Real Zero, they must pay reparations for the huge climate debt owed to the Global South."

“We’re delighted that our campaign has resulted in a binding commitment by HSBC to phase out coal, but the devil is in the detail and the next six months are crucial to ensure that this commitment is translated into robust sector policies.”

The Dutch ruling is being called a first of its kind and a big "step forward for the international climate movement."

The oil industry boasts that it fills state coffers with revenues from drilling, but a new study finds a serious gap in funding available to tackle the environmental legacy of abandoned wells.

Over 80 percent of directors had a past or current tie to polluting industries, either as a current or former adviser or employee.

A new paper is calling on the government to scrap research and development tax credits for fossil fuel extraction and instead invest the money in clean energy.

The fracking industry’s over-the-top claims to investors have been the norm, but even when proven to be fraudulent, companies suffer almost no consequences.

Where it’s no longer credible to deny climate change, the fossil fuel giant puts the focus on ‘risk’ and blame on consumers, in echo of tobacco industry PR, researchers find.

Modern fracking emerged so quickly, faster than its impacts were understood.