fossil fuel investment

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Legal complaints against university fossil fuel investments filed in the US

Legal complaints against university fossil fuel investments filed in the US

Students at Columbia, Tulane and the University of Virginia have legally challenged their universities' investments in fossil fuels, claiming these are illegal and breach institutional obligations.

Dharna Noor reports for The Guardian.

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canadian politicians oil & gas influence
Anselm Hook/Flickr/Commercial use & mods allowedhttps://creativecommons.org/licenses/by/2.0/

30 Canadian politicians each disclosed over $10,000 in oil and gas investments

Ministers and members of the natural resources committee reported investments in industry giants like Enbridge, Suncor and TC Energy.

Oil companies & renewable energy

Kate Aronoff: Oil companies are finally being honest about their feelings on renewable energy

BP CEO Bernard Looney and Shell CEO Wael Sawan have been candid recently: If wind energy makes them money, great. If it’s not as profitable as fossil fuels, screw it.
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Oil giants wary about spending

Oil giants, after surge in profits, are wary about spending

Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.
fossil fuels investment & divestment

States that limit business with banks that 'boycott' fossil fuels could pay high cost, study says

Policies to boost fossil fuels by prohibiting governments from doing business with companies that take sustainability into consideration has the potential to cost states millions.
fossil fuel investment climate

People in US and UK face huge financial hit if fossil fuels lose value, study shows

Individuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other countries.

climate causes editorial

The Guardian view on carbon bombs: Governments must say no

Oil companies and petrostates are investing heavily in fossil fuels, in defiance of global targets. They must be stopped.

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