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European Investment Bank to Phase Out Fossil Fuel Financing

The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”.The bank will end its financing...

Cambridge University Agrees to Explore Fossil Fuel Divestment Plan

The former archbishop of Canterbury Rowan Williams has welcomed an “urgent change” by Cambridge University, after it agreed to provide fully costed plans setting out how it could divest multibillion-pound endowments from...

New €400m ‘Fossil Free’ District Heating Networks Planned for Amsterdam

A new €400 million (£347m) investment programme for district heating networks aimed at providing “fossil free” heating and hot water in Amsterdam has been announced.It is a provisional joint investment between Swedish...

Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’

Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure. These are the findings of a new World Economic Forum study, which shows...

50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies

The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas...

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...

Green Energy: Good For The Planet, Bad For Fossil Fuel Workers

Current U.S. President Donald Trump, like all candidates, made a lot of promises before the election. One of his biggest was directed towards coal workers, to whom he vowed to end the...

In Energy Breakthrough, India Added More Renewable Than Fossil Fuel Capacity for the First Time Last Year

India added more energy capacity from renewable energy sources last year than from conventional sources like coal for the first time, an important breakthrough for a country that struggles with high greenhouse...

Catholic Institutions Mark Earth Day with Fossil Fuel Divestment Pledge

The global divestment movement gained a religious following today with the announcement that 35 Catholic institutions have pledged to remove fossil fuels from their investment holdings. Humanitarian organisation Caritas Internationalis, three leading Catholic...

Empire State Building Shines Green After NYC’s Decision to Take on Fossil Fuel Industry

New York City's iconic Empire State Building glowed green Wednesday night following two "watershed" announcements—that the city would seek to divest its pension funds from fossil fuel investments, and that it filed...

New York to Confirm Landmark Fossil Fuel Divestment Plan

New York City is to divest its pension funds of fossil fuels assets, in a move that could see the city authorities offload up to $5bn of fossil fuel-related investments. Democratic Mayor Bill...

Low-Carbon Electricity Outstrips Fossil Fuel Electricity in 2017

2017 was a record-breaking year for clean electricity in the UK, with new analysis from Carbon Brief today revealing more power came from low-carbon sources than all fossil fuels combined for the...

France Bans All Fossil Fuel Extraction & Fracking

This is a story that leaves people scratching their heads. The French parliament has passed a new law banning fossil fuel extraction within its borders, or in any of its territories, by...

‘Unacceptable’: European Fossil Fuel Subsidies top €112bn a Year

European governments are continuing to hand out more than €112bn a year in fossil fuel subsidies, despite having signed up to a commitment to phase out harmful subsidies by 2020. That is the...

British Airways Tries Again on Waste Based Biofuels

UK carrier British Airways (BA) has partnered with renewable fuels company Velocys, after an earlier waste-to-fuel initiative named GreenSky with Washington-based Solena Fuels fell through. This latest venture uses fuel derived from waste...

France Plans to Ban Fossil Fuel Production

Unprecedented and "never-before-seen" impacts of climate change are all around us. From Hurricanes' Harvey and Irma to massive flooding in India, Bangladesh, and Nepal to forest fires burning through the west coast...

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