Oil and gas industry offsetting could use land half the size of US
Oxfam flags ‘greenwashing’ net-zero targets and says safeguards are needed on how land is used for carbon removal
Fossil Fuels
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IPCC report draws ‘line in the sand’ for decarbonisation of finance
Investment still has opportunity to play its part in race to reduce greenhouse gas emissions
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Investors call on banks to ramp up climate strategies or face voting action
Investor groups representing $4.2trn want to see banks phasing out financing coal by 2030 and commitments to TNFD
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Index of ‘net-zero enablers’ launches
The Active Net Zero Clean Energy Index consists of companies actively helping others in energy transition
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Net-zero future: How the oil and gas sector is evolving
O&G majors are generally more ambitious in their renewable energy policies but all are falling short of limiting global average temperatures
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G20 countries ‘double down’ on fossil fuel funding for Covid recovery
The G20 had pledged $641bn to energy sector recovery funding, with 45% of this directed to fossil fuels
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Climate disclosures and tax commitments: What to expect from G7 summit
TCFD is on the agenda for G7 Summit which takes place in Cornwall 11-13 June
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The skills gap in the clean energy transition
Renewable energy industry populated by professionals with skills and experience narrowly focused on specific technologies and specialisms
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‘The tide is turning’: Historic week for clean energy transition as oil majors suffer blows
Investors and courts made their voices heard on oil firms’ climate plans setting a ‘powerful precedent’
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Wood products are a climate change solution
Anything made from fossils today can be made from trees tomorrow, say Pictet-Timber Fund managers
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Mixed reaction as just 14% vote in favour of Barclays’ climate resolution
Net-zero ambitions welcomed but activists say shareholders ‘have serious questions to answer’ about their climate change commitment
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What’s next for Biden’s environmental policy?
Three climate areas Biden is likely to consider in the next 100 days