Category: ESG

World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025. The Iran War will escalate exploration and production, pipelines, and energy security spending and financing.

Clark Savage216

In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]

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Tensions in the Strait of Hormuz force us to reconsider material benefits of fossil fuels

Clark Savage324

ENB Pub Note: This article was originally posted on America Outloud by Ronald Stein and Yoshihiro Muronaka, and we highly recommend signing up and reading their material.  ________________________________________________________________________________________________________ Recent calls for a more realistic shift from “decarbonization” to “low carbon” suggest that discomfort with ideology-driven climate policy is finally beginning to surface in public debate. […]

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Is Big Oil Back in Vogue?

Clark Savage126

Daily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […] Chinese Lithium […]

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California to Examine Amazon Oil Ties Following Pleas from Ecuador’s Indigenous Leaders: A Closer Look at Newsom’s Energy Choices

Clark Savage116

In a move that has sparked both environmental and energy security debates, California’s state Senate recently introduced a landmark resolution to scrutinize the state’s reliance on crude oil imports from the Amazon, particularly from Ecuador. This decision follows a visit from Indigenous leaders from Ecuador’s Amazon, including Juan Bay, president of the Waorani Nation, Jhajayra […]

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Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels

Clark Savage129

The global energy landscape is undergoing a seismic shift, and major banks are making their moves clear. After years of touting environmental, social, and governance (ESG) commitments, U.S. banking giants like JPMorgan Chase, Bank of America, and Citigroup are doubling down on fossil fuel investments, prioritizing profits over climate pledges. According to the 2024 Banking […]

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