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Fossil

New York To Divest Pensions From Fossil Fuel Companies

February 9, 2022February 9, 2022
New york to divest pensions from fossil fuel companies - photo licensed by shore news network.

The State of New York announced that its retirement fund would divest $238 million from companies that are “not prepared for net zero transition.” The …

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Fossil Fuel Groups Slam Biden Fed Nominee For Her ‘Vendetta’ Against US Energy Companies

February 4, 2022
Fossil fuel groups slam biden fed nominee for her ‘vendetta’ against us energy companies - photo licensed by shore news network.

Several fossil fuel industry groups have lined up in opposition to a top Federal Reserve nominee, saying her preferred climate policies would be antithetical to …

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Europe Seeks To Classify A Fossil Fuel As ‘Green’ As Energy Crisis Persists

February 2, 2022
Europe seeks to classify a fossil fuel as ‘green’ as energy crisis persists - photo licensed by shore news network.

The European Union released a proposal that would define liquified natural gas (LNG) and nuclear energy as “green” energy, opening both up for greater investment …

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‘No Interest In Fossil Gas’: Green Group Takes Over Global Fracking Company

January 14, 2022

A prominent U.K. green energy group took over a firm dedicated to fracking for natural gas, vowing to halt all fossil fuel production and cancel …

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Germany To Shut Down All Remaining Nuclear Plants, Forcing Reliance On Fossil Fuels

December 30, 2021

Germany announced that it would shutter its remaining six nuclear power plants by the end of 2022, completely ending its reliance on the renewable source. …

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Weak Wind Power To Blame For European Energy Crisis, Greater Reliance On Fossil Fuels: REPORT

December 22, 2021
Weak wind power to blame for european energy crisis, greater reliance on fossil fuels: report - photo licensed by shore news network.

Low wind power generation is largely to blame for Europe’s ongoing energy crisis and scramble to import more fossil fuels, according to a Reuters report. …

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Big Oil CEOs Thumb Nose At Green Energy Transition, Say Fossil Fuels Still Have ‘Essential Role’

December 7, 2021
Big oil ceos thumb nose at green energy transition, say fossil fuels still have ‘essential role’ - photo licensed by shore news network.

Executives of major oil companies slammed the aggressive global push to renewable forms of energy and warned that such policies could crash economies. Crude oil …

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Democrats Launch Another Probe Into Fossil Fuel Industry Over Emissions Data

December 4, 2021

The top Democrat on the House Science, Space and Technology Committee sent letters to ten fossil fuel firms demanding information on methane emissions and leaks. …

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‘Boston Green New Deal’: Boston To Divest From Fossil Fuels, 15% Of City’s Revenue

November 23, 2021
‘boston green new deal’: boston to divest from fossil fuels, 15% of city’s revenue - photo licensed by shore news network.

Boston officials announced plans to divest the city’s portfolio from fossil fuel companies during a ceremony with federal lawmakers and activists on Monday. In her …

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Biden’s ‘Marxist’ Treasury Nominee Wants To Bankrupt, ‘Starve’ Fossil Fuel Industry To Tackle Climate Change

November 9, 2021

President Joe Biden’s nominee for a key Treasury Department role admitted that oil, natural gas and coal firms need to go bankrupt to prevent climate …

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Vast Majority Of Top Fossil Fuel Companies Don’t Plan On Abandoning Oil And Gas Anytime Soon: REPORT

October 12, 2021
Vast majority of top fossil fuel companies don’t plan on abandoning oil and gas anytime soon: report - photo licensed by shore news network.

The majority of oil and gas companies said that they don’t have plans to shift away from fossil fuels at any point in the future, …

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