fossil fuels

6 results

Net Zero Banking Alliance requires banks  to calculate and model the carbon footprint of loan portfolios worth billions of euro. Photograph: Getty

As businesses were gearing up for the COP26 climate summit in Glasgow last year, one of Europe’s larger banks released an update on how it planned to (...)

Climate change is a policy challenge unlike most others, because success will require a global effort. Photograph: Getty Images

Climate change is a policy challenge unlike most others, because success will require a global effort in a sphere which will bring significant upfront(...)

Tesla founder Elon Musk: “We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal.” Photograph:  Brendan Smialowski

Elon Musk, founder of Tesla, recently christened himself “techno-king”, or king of tech. A better moniker might be “Wizard of Oz”. The entrepreneur po(...)

Unilever is planning to spend €1 billion changing what it puts in its laundry and cleaning products to cut out ingredients made from fossil fuels. Photograph: Simon Newman/Reuters

Unilever is planning to spend €1 billion changing what it puts in its laundry and cleaning products to cut out ingredients made from fossil fuels. T(...)

An electric car being charged. The electrification of road transport will have important implications for the economy across a range of dimensions. Photograph: Niall Carson/PA Wire

If we are to halt climate change by 2050, we need to make dramatic alterations in our economy and in wider society. A key part of this transformation (...)

Producing more renewable electricity when the wind blows comes at no additional cost to the producer, and the zero marginal cost of electricity from wind, when it is available, squeezes out more expensive electricity generated from gas or coal. Photograph: Krisztian Bocsi/Bloomberg

We have to make major efforts to phase out our use of fossil fuels such as gas, oil and coal to ensure that we cease contributing to global warming by(...)