Banks Exploit Loopholes To Fund Fossil Fuel Ventures and Undermine Green Energy

Banks Exploit Loopholes To Fund Fossil Fuel Ventures and Undermine Green Energy

By Christy Gren - Jun 18, 2022

In all, since 2016 when the Paris Agreement was ratified, $4.6 trillion has been used to finance fossil fuel-based ventures. JP Morgan Chase, Wells Fargo, and Citi were the top thr

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Net Zero Asset Managers Commit $16 Trillion in Assets

Net Zero Asset Managers Commit $16 Trillion in Assets

By Christy Gren - Jun 01, 2022

The Race to Zero initiative mobilizes governments and other actors to strengthen their contributions in alignment to the Paris Agreement.The Net Zero Asset Managers initiative is g

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Oil Majors Looking to Reshaping Their Workforce

Oil Majors Looking to Reshaping Their Workforce

By Christy Gren - Dec 16, 2021

Oil and gas industry is facing many challenges in the face of a world transitioning to sustainable fuel choices and meeting the demands for net-zero emissions due to the threat of

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Renewable Energy Adoption will Need to Change Gears to Meet Net-Zero

Renewable Energy Adoption will Need to Change Gears to Meet Net-Zero

By Christy Gren - Dec 05, 2021

Renewable energy adoption pace is good, but it is still falling short of meeting net zero emission rate, says the latest International Energy Agency’s (IEA) annual report. Higher

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Australia's Bowen Basin producing 47% more methane than global average

Australia's Bowen Basin producing 47% more methane than global average

By Christy Gren - Jul 10, 2021

A study done by the energy industry consultancy group Kayrros says Australia’s coal-producing region Bowen Basis emits methane equivalent to the greenhouse gas effect of 30 milli

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HSBC commits nearly $1 trillion to achieve net zero emissions by 2050

HSBC commits nearly $1 trillion to achieve net zero emissions by 2050

By Christy Gren - Oct 09, 2020

With a portfolio of Asian clients that rely on fossil fuel investments, HSBC will be in a difficult position to realize its commitment to zero emissions by 2050.

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