Banks need higher capital requirements for $1.35trn fossil fuels exposure – Finance Watch
Banks’ exposure to fossil fuels is almost equivalent to the entire financial system’s exposure to sub-prime mortgages before the 2007–08…
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Exclusive: African civil society speaks out against continent’s $400bn gas trap
Civil society groups argue that $400bn being spent on natural gas will not benefit the African people, and would be…
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Exclusive: The $500bn Asia gas trap
Asian countries are investing at least $490bn in new gas infrastructure, in plans that are laden with climate and financial…
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Stock exchanges own triple the carbon reserves burnable under Paris target
The “embedded” emissions in the fossil fuel reserves of companies listed on global stock exchanges have risen by almost 40%…
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Opinion: REPowerEU cannot decide if it is a climate or fossil plan
European Commission president Ursula von der Leyen was keen to highlight that 95% of the financing mobilised in this week’s…
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The enduring threat to the Arctic from Big Oil
Norway and Russia are pushing for new oil and gas operations in the Arctic, despite operating fields being enough to…
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Why the LNG ‘gold rush’ could soon turn to dust
Billed as a fuel for the energy transition, LNG demand has boomed this century. Sustained high prices and an accelerating…
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Weekly data: One million kilometres of new fossil pipelines poses stranded asset risk
A total of 119 oil pipelines and 477 gas pipelines under development worldwide raises questions over countries' net-zero strategies.
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