Global Energy Agency Says Addressing Climate Means No New Fossil Fuel Projects
In a surprising shift in rhetoric, Fatih Birol, executive director of the world’s most influential energy think tank, has recently stated that the world cannot expand fossil fuel supply and…
Banking on Coal Mining
The big six U.S. banks continue to finance coal mining — including a big spike in financing in 2017 — despite broadly complying with their policies to reduce credit exposure to the industry.
High stakes: Enbridge’s Line 3 vs Cultural survival & Climate stability, Banks back oil
Tar sands pipelines are proving to be a risky business: three major pipeline projects have stalled in the last two years. Economically, socially, and environmentally, new tar sands projects carry…
JPMorgan Chase can’t hide from the truth.
The time is now to stand up against climate change. The time is now to stand up against JPMorgan Chase. That’s why on May 15 in Plano, Texas, we decided…
Report Finds Major Banks Ramped Up Fossil Fuel Financing to $115 billion in 2017
For immediate release: Wednesday, March 28, 2018, 12:01 AM ET CONTACT: Blair Fitzgibbon, Soundspeed PR, (202) 503-6141, Blair@soundspeedpr.com Report Finds Major Banks Ramped Up Fossil Fuel Financing to $115 billion…
Banking on Climate Change: Fossil Fuel Finance Report Card 2018
This ninth annual fossil fuel finance report card grades banks on their policy commitments regarding extreme fossil fuel financing and calculates their financing for these fuels from 2015 to 2017….
Funding Tar Sands: Private Banks vs. the Paris Agreement
Tar sands occupy a unique place among these fuels due to its high extraction costs, difficulties in getting to market, huge reserves, greenhouse-gas intensity, major local environmental and Indigenous rights…