Banks Back Fossil Fuels With $6.9 Trillion
Financial institutions continue to bankroll climate change despite rapid increases in extreme weather events and their impacts.
Big banks still funnel hundreds of billions into the fossil fuel industry, report shows
Over $700 billion flowed into companies conducting business in fossil fuels last year, funneled by 60 of the largest private banks, according to a new report.
Banks have given almost $7tn to fossil fuel firms since Paris deal, report reveals
Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe
Current Climate: Turning The Corner On Power From Fossil Fuels
This week’s Current Climate, which every Monday brings you the latest news about the business of sustainability.
Daily on Energy: Climate groups go after big banks for $705B to fossil fuels in 2023
CLIMATE GROUPS TAKE AIM AT BANK LOANS TO FOSSIL FUEL COMPANIES: The world’s 60 largest banks committed $705 billion globally to fossil fuel companies in 2023, according to a new report from a number of green groups,
US, Japanese Banks Lead Fossil Fuel Financing
The world's biggest banks financed fossil fuels to the tune of $705 billion in 2023, with US and Japanese lenders leading the way, an annual report by climate campaigners said Monday.
Big US banks dominated fossil fuel financing in 2023, campaign report says
JPMorgan Chase, Mizuho and Bank of America were named as the biggest fossil fuel industry financers last year, in a report by climate campaigners which calculates the world’s biggest banks have provided a total $6.
Banks are propping up the fossil fuel industry to the tune of €6.5 trillion, new report finds
Banking on Climate Chaos (BOCC) report looked at how the top 60 private banks in the world are underwriting and lending to over 4,200 fossil fuel firms, and financing companies causing the degradation of the Amazon and Arctic.
Fossil fuel firms forcing countries to compensate them, Mary Robinson says
Former Irish president and Ban Ki-moon say fossil lobbying is hampering climate progress ...
The Chicago Maroon4h
UChicago Unveils New Fossil Lab in Washington Park
Headed by professor Paul Sereno, the lab aims to combine paleontology research and education in an accessible way.
Yahoo! Sports7h
Fossil Ridge girls soccer team falls to Heritage in Colorado 5A quarterfinals
The Fossil Ridge girls soccer team broke through one postseason barrier to reach the Colorado Class 5A quarterfinals but ...
USA Today3d
Bodies of 2 men found after drowning at Fossil Creek, Gila County sheriff's officials say
On Thursday, search-and-rescue teams found the bodies of two men who drowned at Fossil Creek the day before, according to ...
Financial Advisor10h
Fossil Fuel Underperformance Costs Investors Billions, Environmental Group Says
“We know fossil fuels have underperformed over the last decade, so the results shouldn’t be surprising,” Behar. “What is surprising is that nearly every retirement plan is invested in the extractive ...
ESG Oversight Committee keeps 2 more financial service providers on list of those that discriminate against fossil fuel, energy companies
Under Act 411 of 2023, the ESG Oversight Committee is required to prepare and provide to each public entity by Tuesday a list ...
Fossil Is Releasing a Limited-Edition Disney Tennis Collection Following the Success of Their First Two Collaborations
The American fashion label is no stranger to a collaboration with the iconic movie empire. After the first Disney and Fossil ...
Fossil fuels are ‘on the way out’ in the EU as they dropped to record low in April
Germany saw the largest drop in fossil fuel generation in April when compared to last year. Seven coal fired power stations ...