Banks Exploit Loopholes To Fund Fossil Fuel Ventures and Undermine Green Energy
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
Net Zero Asset Managers Commit $16 Trillion in Assets
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
Oil Majors Looking to Reshaping Their Workforce
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
Renewable Energy Adoption will Need to Change Gears to Meet Net-Zero
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
Australia's Bowen Basin producing 47% more methane than global average
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
HSBC commits nearly $1 trillion to achieve net zero emissions by 2050
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.
