Corporate and global leaders are ditching empty green pledges as pressure mounts to refocus on energy, growth, and development basics. Over the past decade, the leaders of corporate and international organizations became used to being […]
Oklahoma’s state treasurer has issued a list of 13 financial institutions that he says are boycotting Oklahoma’s oil and gas industry and shouldn’t be allowed to do business with the state. Last year, lawmakers targeted financial […]
For the first time in history, banks underwrote more loans for renewable energy projects than for fossil fuel projects. Hydrocarbon producers increasingly attract funds from private equity investors. At the end of last year, two […]
Hundreds of billions of dollars continue flowing into fossil fuels every year, with no signs of the trend changing any time soon. Many investors say that it’s next to impossible to fully forego fossil-fuel investments, […]
The 60 largest banks in the world poured as much as $742 billion in fossil fuel financing in 2021 alone, a new report by environmental groups showed this week. Since the Paris Agreement was adopted in 2015, […]
The world’s leading rater of green credentials is rewarding some of Wall Street’s biggest banks even though they continue to lend billions of dollars to fossil-fuel companies. Those credentials come in the form of upgrades from […]
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