fossil fuels
ING still invests hundreds of millions in polluting coal companies
ING lends EUR 300 million to Eon fossil spin-off Uniper ING has granted a loan of EUR 300.1 million to Uniper, EON’s fossil fuels spin-off, which made its stock market debut in Frankfurt last week. ING is the only Dutch bank investing in the company, which owns coal and gas power plants in various countries. […]
Banks sponsoring ‘Climate Week NYC’ responsible for investing billions in extreme fossil fuels
Research Shows Bank of America, JPMorgan Chase, and Bank of the West (BNP Paribas) Continue to Play Major Role in Funding Climate Change Activities As ‘Climate Week NYC’ kicks off today, Rainforest Action Network (RAN) questions the climate integrity of three major event sponsors. RAN research shows that these sponsors, Bank of America, JPMorgan Chase, […]
What Does Flat CO2 Pollution Mean?
A week ago, the International Energy Agency (IEA) dropped a bombshell: Global greenhouse gas emissions produced by burning fossil fuels for energy last year were the same as they were in 2013. That marked the first time in 40 years that energy-related emissions were flat while the economy grew. The announcement flew in the face […]
Fact or Fiction?: Geoengineering Can Solve Global Warming
A global deal to combat climate change lurches toward reality in Lima, Peru, this week—and yet any politically feasible agreement will be insufficient to restrain continued warming of global average temperatures, perhaps uncomfortably high. Although recent pledges by China, the 28 countries of the European Union and the U.S. are the first signs of the […]
A Farewell to Fossil Fuels – Answering the Energy Challenge
Nearl y 90 percent of the world’s economy is fueled every year by digging up and burning about four cubic miles of the rotted remains of primeval swamp goo. With extraordinary skill, the world’s most powerful industries have turned that oil, gas, and coal into aªordable and convenient fuels and electricity that have created wealth, […]
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