Fosil Fuels
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Ireland Becomes World’s First Country to Divest from Fossil Fuels
The Republic of Ireland will become the world’s first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament. The state’s €8bn national investment fund will…
Church of England Threatens to Withdraw Investment from Oil and Gas
The Church of England has voted in favour of withdrawing investment from companies that aren’t doing enough to tackle climate change. The General Synod, the decision-making body for the Church, said it broadly supported its ongoing strategy of engaging with…
US and Russia ‘to Dominate Global Pipeline Expenditure to 2022’
The US and Russia will dominate global capital expenditure on planned oil and gas pipelines up until 2022. That’s according to data and analytics company GlobalData, which says the nations are set to spend an estimated $88.4 billion (£66.9bn) and…
Pope Francis Tells Oil Bosses World Must Reduce Fossil Fuel Use
Pope Francis has told oil company chiefs that the world must switch to clean energy because climate change risks destroying humanity. “Civilisation requires energy, but energy use must not destroy civilisation,” he said at the end of a two-day conference…
Hamburg Bans Diesel Cars on Two of Its Roads
Hamburg has banned older diesel vehicles on two of its roads in a bid to reduce pollution. The move makes it the first German city to introduce such a ruling – the measure came into force on the 31st of…
Construction Delays Make New Nuclear Power Plants Costlier than Ever
The cost of building new nuclear power plants is nearly 20 per cent higher than expected due to delays, a new analysis has found. A new analysis of the history of nuclear power plant projects shows since 2010 delays have…
Are Fossil Fuels out of Fashion at the UN Climate Talks?
The United Nations Framework Convention on Climate Change (UNFCCC) prides itself for including both Parties and Non-party stakeholders in their decision making processes. A perspective that is suspicious towards the legitimacy of that approach, however, has appeared during the climate…