No banks disclosed the share of total finance directed towards climate solutions in the last year, according to analysis by the TPI Centre

Only 6 of 26 banks have disclosed a commitment to end all on- and off-balance sheet activities that finance new coal capacity immediately. Only one of the banks’ net zero emissions commitments covers on and off-balance sheets activities. Five banks have publicly disclosed the quantitative results of climate scenario analysis to their shareholders and clients. … Continue reading No banks disclosed the share of total finance directed towards climate solutions in the last year, according to analysis by the TPI Centre →

Generational divide in supporting nuclear energy

Young climate activists in Europe are calling on Greenpeace to drop its "old-fashioned" stance against nuclear energy. Scientists say the generational divide not surprising, as nuclear disasters are distant memories for some. Sheena Goodyear discusses in an article on the CBC news website. Greenpeace opposes nuclear energy. Young climate activists say that's 'old-fashioned' Young … Continue reading Generational divide in supporting nuclear energy →

One of the issues with ESG is how difficult it is for investors, consumers and the public to assess how effectively companies have implemented it

In an article on the Conversation website, Daniel Tsai, Lecturer in Business and Law at the University of Toronto and Peer Zumbansen, Professor of Business Law at McGill University discuss the need for changes to how ESG is implemented. The lack of government leadership and the fragmentation of the ESG landscape has created uncertainty about … Continue reading One of the issues with ESG is how difficult it is for investors, consumers and the public to assess how effectively companies have implemented it →

Africa climate summit adopts ‘Nairobi declaration’

The first ever Africa Climate Summit ended on Wednesday with a call for world leaders to back global taxes to fund climate action. The "Nairobi declaration" also calls for financial reforms to help African countries. The text is intended to define the shared position of the 54 countries of the African continent ahead of the … Continue reading Africa climate summit adopts ‘Nairobi declaration’ →

Energy in Demand News, September 3, 2023

US climate envoy John Kerry is calling on the leaders of global oil and gas companies to bring concrete plans to boost renewable energy and cut GHG emissions by 2030 to COP28. UN conference president Sultan Al Jaber is also head of the Abu Dhabi National Oil Company and many climate experts and activists are … Continue reading Energy in Demand News, September 3, 2023 →

The resistance of rural women: “Energy is not just a technical issue, it’s a political issue to do with life, territories, sovereignty and the right to community self-determination.”

From the Akbelen forest in Turkey to northern India to Brazil, rural women are standing up against the power of the corporate chainsaw. The Turkish-British novelist and political scientist, Elif Shafak, writes a powerful article on the Guardian website about what local women are doing to protect fragile ecosystems. In the battle to save … Continue reading The resistance of rural women: “Energy is not just a technical issue, it’s a political issue to do with life, territories, sovereignty and the right to community self-determination.” →

Great series of billboards in US calling out oil and gas companies for their role in fueling climate disasters

Fossil Free Media, a non-profit media organization, installed the ads in cities rocked by heatwaves including Phoenix and Austin. Dharna Noor explains in an article on the Guardian website. ‘Brought to you by big oil’: US billboards call out companies for record heatwaves Drive down the highways of Phoenix, Arizona; Austin, Texas; or Fresno, … Continue reading Great series of billboards in US calling out oil and gas companies for their role in fueling climate disasters →

Africa’s climate security needs to be prioritised at COP28

Climate change has been exacerbating tensions across Africa. Maurizio Geri, a former NATO analyst on the Middle East and North Africa, writes on the EURACTIV website that the continent’s climate security ought to be prioritised at COP28 so that the rise of militarism can be countered. West must use COP28 to reverse climate neglect … Continue reading Africa’s climate security needs to be prioritised at COP28 →

“Where is the politician who dares address the growth economy that threatens to devastate our civilization, and call for a response to global heating on the scale that’s needed?”

The Danish journalist Carsten Jensen deplores the political and media world's lack of any real awareness of the climate emergency. He calls to dare to dream of a new world, free from the spiral of growth. Mr. Jensen provided this op-ed on the Le Monde website. Carsten Jensen: 'Where is climate change's Winston Churchill?' … Continue reading “Where is the politician who dares address the growth economy that threatens to devastate our civilization, and call for a response to global heating on the scale that’s needed?” →

Energy in Demand News, August 27, 2023

In an important development this week, human rights experts from the United Nations have issued a warning to Saudi Aramco and its banks over the company’s enormous contribution to the climate crisis. Saudi Aramco is the biggest oil and gas company in the world and the world’s biggest corporate emitter of greenhouse gases. Their warning … Continue reading Energy in Demand News, August 27, 2023 →