Fossil Fuels

Is the tide turning for Australia’s fossil fuel exports?

In the 2022–2023 financial year, Australia is forecast to earn A$464bn ($302bn) from resource and energy exports, according to the…

Explainer: who is responsible for the world’s CO₂ emissions?

There is no single way to measure which country globally is responsible for the most carbon dioxide emissions. One approach…

Will antitrust concerns be the death knell for insurers’ net-zero commitments?

The recent departure of three of Europe's largest insurers from the Net-Zero Insurance Alliance (NZIA), part of the wider Glasgow…

Poland almost doubles its spending on fossil fuel imports

Poland spent a record 193bn zlotys (€42.9bn) on fossil fuel imports in 2022, nearly double the 100bn zlotys it spent…

Weekly data: Europe’s ‘coal comeback’ that never materialised

As Russia squeezed fossil fuel exports to the EU in 2022, fears abounded that coal – which produces twice as…

Why ESG funds are full of fossil fuels

Now worth more than $10trn, the success of the US sustainable fund market is testament to the growing realisation that…

Report: 47% of business leaders attribute increased fossil fuel consumption to the war in Ukraine

Almost half of business leaders across Europe and the US believe that achieving net-zero emissions targets will be delayed by…

Why decisive OECD action could be the death knell for fossil fuels

The OECD – or Organisation for Economic Co-operation and Development – is a group of 38 countries that collectively make…

How a “carbon takeback obligation” can ensure net zero

In all the noise surrounding the oil majors’ 2022 earnings announcements, one stat published by Greenpeace cut through everything: if…

Between Russia and the West: Can clean energy overcome Morocco’s fossil fuel diplomacy?

Morocco was one of a minority of countries that did not vote in favour of the UN General Assembly Resolution…