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Tag Archives: fossil fuels

Renewable energy sources could be cheaper than fossil fuels within 10 years – UN


A new United Nations-backed report has revealed overwhelming consensus that renewable power will dominate in the future, with many experts saying that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity. “(The report) is meant to spur discussion and debate about both the opportunities and challenges of ...

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Breakfree Action: Ogoni clean-up signposts end to dirty energy – Activists


On Thursday, March 30, 2017, hundreds of climate activists as well as concerned and affected Nigerians joined ongoing actions around the world to press home the need to address the world’s dependence on fossil fuels which, according to them, poisons the planet and threatens to eliminate mankind. According to activists Nnimmo Bassey, Celestine Akpobari, Ken Henshaw and Emem Okon, the ...

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Investors ask G20 to phase out fossil fuel subsidies

Angela Merkel

Investors and insurers with more than $2.8 trillion in assets under management on Wednesday, 15 February 2017 called on the group of G20 economies to phase out fossil fuel subsidies by 2020 in order to accelerate green investment and reduce climate risk. The call came just before a G20 Foreign Ministers Meeting in Bonn, Germany to prepare for a Summit in ...

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Natural gas expected to emit more GHGs than coal


The U.S. is expected to reach a major carbon emissions milestone this year: For the first time, carbon dioxide emissions from burning natural gas for electricity in the U.S. are set to surpass those from burning coal – the globe’s chief climate polluter. Emissions from burning natural gas are expected to be 10 percent greater than those from coal in ...

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Insurers urge G20 to stop funding fossil fuels

A G20 leaders' meeting

Multi-national insurers with more than $1.2 trillion in assets under management have urged governments to commit to phasing out fossil fuel subsides by 2020 at the G20 leaders’ summit in Hangzhou, China next month. Insurance companies Aviva, Aegon NV and MS Amlin have signed a joint statement, along with the Institute and Faculty of Actuaries (IFoA) and Open Energi, warning governments of ...

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Berlin pulls out of fossil fuels

Berlin skyline

Following in the footsteps of Stockholm and several others, the German city of Berlin is the latest city to pull out of fossil fuels Berlin’s parliament voted on Thursday to pull its money out of coal, gas and oil companies. The new investment policy, part of the German capital’s goal of completely weaning off carbon by 2050, will force the ...

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WED 2016: Crusaders charge FG to commence concrete actions to save environment


To save Nigeria’s diverse ecosystems from further ruin, the Federal Government must go beyond mere words on the issue of transiting from fossil fuels-based economy and put in place the relevant laws to checkmate the activities of the extractive corporations, the Environmental Rights Action/Friends of the Earth Nigeria(ERA/FoEN) has said. ERA/FoEN’s recommendation is coming as Nigeria joined the rest of the ...

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Activists take up global campaign against fossil fuels

Fossil fuel

Largest civil disobedience in the history of environmental movement materialises as campaigners commence actions to Break Free from fossil fuels Starting Tuesday, a global wave of peaceful direct actions lasting for 12 days will take place across six continents targeting the world’s most dangerous fossil fuel projects, under the banner of “Break Free.” 2015 was the hottest year ever recorded ...

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Report exposes biotech big bet to prop up fossil fuels

Jim Thomas, Programme Director with ETC Group

At the upcoming Climate summit in Paris, some governments and much of civil society will be pushing for an urgent transition away from the carbon-rich fossil fuels responsible for climate chaos. However, one hi-tech sector, the multi-billion-dollar Synthetic Biology industry, is now actively tying its future to the very oil, coal and gas extraction it once claimed to be able ...

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Oslo becomes world’s first city to divest from fossil fuels

Lan Marie Nguyen Berg of the Green Party

The City of Oslo in Norway on Monday October 19, 2015 became the first capital city in the world to ban investments in fossil fuels, as it announced it would divest its $9 billion pension fund from coal, oil and gas companies. The announcement follows a previous pledge in March to ban investment in coal. Lan Marie Nguyen Berg of the Green Party ...

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