This 10th annual “Banking on Climate Change” fossil fuel finance report card reveals that overall bank financing continues to be aligned with climate disaster, and that financing for fossil fuels has increased every year since the Paris Agreement was signed.
Coal
Report Finds Global Banks Poured $1.9 Trillion into Fossil Fuels since Paris Agreement
A report released today endorsed by over 160 organizations around the world reveals that 33 global banks have provided $1.9 trillion to fossil fuel companies since the adoption of the Paris climate accord.
Oz: Landmark Legal Ruling Rejects Coal Mine on Climate Grounds
“This landmark decision sends a clear message to the fossil fuel industry that it cannot continue to expand if we are serious about tackling climate change.”
“Tell me Donald. Exactly how much is a human life being sold for?”
Two years into his Presidency, the fullblown cost of Donald Trump’s assault on human health, the environment and on science is becoming brutally and painfully clear.
The U.S. Oil and Gas Industry Is Drilling Us Towards Climate Disaster
A new study released today by Oil Change International and 17 partner organizations makes it clear that managing a rapid and equitable decline of U.S. fossil fuel production must be a core component of any comprehensive climate policy.
Report: U.S. Oil and Gas Expansion Threatens to Unleash Climate Pollution Equivalent to nearly 1,000 Coal Plants
The U.S. oil and gas industry has the potential to unleash the largest burst of new carbon emissions in the world through 2050, new research released today has found.
As the World Warms, King Coal Rules the UN Climate Talks
It is that time of year again, when the annual international UN climate negotiations take place. This year, the Conference of the Parties – or COP for short – is happening in Katowice, in Poland. It starts next week.
Senate Committee Pushes McNamee FERC Nomination Forward, Driven by Millions in Fossil Fuel Money
The 13 Senators who voted in the Committee to move McNamee’s nomination forward have taken a combined total of nearly $10 million from the fossil fuel industry – bought and paid for by an industry that accelerates the climate crisis and only cares about protecting their profits.
Korea’s Coal Finance: Polluting the World
The twin challenges of air pollution and climate change demand a rapid transition away from fossil fuels, and a particularly rapid phase-out of coal-fired power plants. Despite this, the Korean government continues to be among the biggest backers of coal-fired power plants around the world.
New report: Korea’s international coal finance will cause up to 27 trillion KRW in health and climate damages annually
A new analysis finds that overseas coal-fired power plants supported by Korea’s public finance institutions could cause as much as 27 trillion KRW (nearly USD 25 billion) in annual damage to people’s health and the climate.