How to fix the movement for fossil fuel divestment

Bankers and environmentalists alike are increasingly calling for capital markets to play a bigger role in the war on carbon. In the absence of a meaningful global price on carbon, however, capital continues to flow freely ...

US firms fund deforestation, abuses in Amazon: report

Major US financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published Tuesday.

How the pandemic is harming the oil and gas industry

In August, Exxon Mobil, once the largest publicly traded company in the world, was dropped from the Dow Jones industrial average after 92 years. Exxon's removal is emblematic of the changing profiles of energy companies. ...

US energy use hit 30-year low during pandemic shutdowns

U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation's economy largely shut down because of the coronavirus, federal officials reported Wednesday.

Bailout or subsidy: Oil in the age of pandemic

COVID-19 is disrupting all sectors of the global economy, and the energy sector is far from immune. As economic activity slows precipitously on its way to catastrophically, the fossil energy sector that drives part of that ...

page 1 from 10