Fossil Fuels

Latin America

Aramco’s new disclosures still understate its carbon footprint | Business and Economy News

Saudi Aramco still has a long way to go in ensuring that its emissions disclosures match those of other oil majors.…

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Asia

World Bank plans climate shift but no fossil fuel halt: Report | Climate Change News

A revised World Bank policy on climate change commits to making financing decisions in line with efforts to limit global…

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Asia

Emerging economies delay clean energy move as oil prices rise | Climate Change News

Rising oil prices are testing the developing world’s resolve to quit fossil fuels. The president of Brazil has fired the…

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Europe

India’s massive coal mines auction sends mixed climate signals | Business and Economy News

India – the world’s third-biggest emitter of greenhouse gases – will put 67 coal mines up for auction at once,…

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Africa

Biden administration mulls new sanctions to block Nord Stream 2 | Business and Economy News

The administration of United States President Joe Biden is considering additional sanctions to block the construction of the almost completed…

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Europe

Investors turn up heat on HSBC to phase out fossil fuel funding | Banks News

Banking giant commits to ending support for coal by 2040 as shareholders push HSBC to align itself with climate goals.…

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Africa

Haaland hearings signal uphill battle for Biden’s climate agenda | Business and Economy News

United States President Joe Biden is facing stiff resistance in the US Senate to his nominations for multiple cabinet and…

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Latin America

US oil lobbying group mulls throwing weight behind carbon pricing | Business and Economy News

The American Petroleum Institute is considering endorsement of putting a price on carbon emissions – a move that would herald…

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Middle East

Western Europe’s biggest oil exporter targets deep-sea mining

Norway could license companies for seabed mining by 2023 to meet demand for batteries, wind turbines and solar energy. Credit

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