fossil fuel financing

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Faith-based advocates indigenous rights
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Nuns push Wall Street for environmental justice through shareholder advocacy

Faith-based advocates urge Citibank to respect Indigenous rights.

Keerti Gopal reports for Inside Climate News.

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fossil fuel influence
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Oil companies leverage academic partnerships to influence climate change action

Oil companies are strategically partnering with universities to influence climate change research and policy, recently revealed documents show.

Emma Dumain and Corbin Hiar report for E&E News.

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fossil fuel financing coal investment
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US banks' nuanced stance on funding coal projects with emissions abatement

Many U.S. banks continue to finance coal plants that adopt emissions abatement technologies, despite a global trend towards divesting from coal.

Meg Duff reports for Capital & Main.

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norway expands oil drilling
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Norway boosts oil production, defying environmental concerns

In a move that contradicts its environmental image, Norway has significantly increased oil drilling licenses, indicating a surge in hydrocarbon extraction.

Atle Staalesen reports for the Barents Observer.

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Norway expands oil drilling
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Norway expands oil drilling, boosts production

The petrostate awards another 62 drilling licenses to the oil and gas industry and approaches a 15-year high in hydrocarbon extraction.

Shell shareholder climate rebellion
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Shell faces shareholder rebellion over climate activist resolution

Investors including UK’s biggest pension scheme agree to back call for oil firm to set bigger emissions targets.

U.S. Export-Import Bank

This U.S. agency lent nearly $1 billion to fossil fuel projects in 2023

President Joe Biden pledged to stop financing such projects overseas, and yet the U.S. Export-Import Bank continues to do so.