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Fossil Fuel

Canadian oil and gas execs to talk up emissions reduction plans at COP28

by Anas Siddiqui
Canadian oil and gas execs to talk up emissions reduction plans at COP28

Executives and senior leaders from Canada’s oil and gas sector are heading to Dubai for the upcoming United Nations COP28 climate talks, eager to tell the world they are doing …

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Cop28: where does China stand on coal and renewable energy ahead of the UN climate conference’s tough negotiations?

by Anas Siddiqui
Cop28: where does China stand on coal and renewable energy ahead of the UN climate conference’s tough negotiations?

“The world is witnessing a disturbing acceleration in the number, speed and scale of broken climate records,” the UN Environment Programme (UNEP) said in a November 20 report, where it …

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The fossil fuel phrases that countries will fight over at the upcoming COP28

by Walter Watson
The fossil fuel phrases that countries will fight over at the upcoming COP28

Getting the world off greenhouse gas-spewing fossil fuels is a key part of global climate negotiations. But whether those fossil fuels are “unabated,” and where we need to phase them …

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Climate change: energy transition to become a panic unless regulators, companies, investors move faster, LGIM says

by Anas Siddiqui
Climate change: energy transition to become a panic unless regulators, companies, investors move faster, LGIM says

The world is at risk of a delayed and disorderly energy transition unless regulators strengthen policies and companies significantly accelerate their decarbonisation efforts to avert the most disastrous consequences of …

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Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

by Anas Siddiqui
Some MPs are calling on Ottawa to take a bigger bite out of fossil fuel companies’ profits

With their high greenhouse gas emissions and record profits, oil and gas companies are facing new pressure across party lines on Parliament Hill. That pressure includes accusations of price “gouging” and …

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Why so much recycled clothing is still going in the garbage

by Anas Siddiqui
Why so much recycled clothing is still going in the garbage

Retail brands like H&M, The Gap and Nike have gone to great lengths to satisfy growing consumer demand for sustainable clothing, but many of the companies’ labels and claims do …

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Global shift toward clean energy is picking up speed, new report says

by Walter Watson
Global shift toward clean energy is picking up speed, new report says

The way the world is powered will change dramatically by the end of the decade, thanks to surging demand for electric vehicles and clean energy technologies, a new report from …

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Oil giant Chevron agrees to buy rival Hess for $53B

by Anas Siddiqui
Oil giant Chevron agrees to buy rival Hess for B

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices …

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Abandoned Superyacht Is Still Burning $2,000 A Day In Just Fuel Costs

by Horatio Thompson
Abandoned Superyacht Is Still Burning ,000 A Day In Just Fuel Costs

Photo: Bing Guan/Bloomberg (Getty Images) You remember the Alfa Nero, right? The superyacht abandoned by a Russian oligarch, seized by Antigua, and later sold to a former Google CEO for …

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Fossil fuel demand to peak before 2030 even with no new climate policies: report

by Vera Ward
Fossil fuel demand to peak before 2030 even with no new climate policies: report

Even if no new government climate policies are introduced before 2030, global demand for fossil fuels will still peak before the end of the decade, a new report by the …

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