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2 days Mozambique Says Total’s LNG Project Is Safe From Militants 2 days U.S. And Iran Set To Hold Indirect Talks On Nuclear Deal 2 days India Set To Review ‘Unfair’ Oil Import Contracts With Saudi Arabia 2 days EVs, Smart Appliances Pose Cybersecurity Risks 3 days Oil Demand Boosted By Highest Number Of Flights Since COVID Started 3 days Biden Administration Studies If EVs Can Enter Biofuel Credit Program 3 days Big Oil Beats NYC Appeal On Climate Change Lawsuit 3 day...

Updated Feb 25, 2021 Banks And Investors Are Still Pouring Billions Into Coal Companies New research reveals the scale of the money that continues to flow to the dirtiest fossil fuel, despite the accelerating climate crisis. Coal is the number-one single source for increasing global temperatures, with coal-fired electricity generation accounting for 30% of the world’s carbon dioxide emissions. And yet, scores of banks and institutional investors continue to pump money into supporting and expanding this fossil fuel industry, new research finds.  As of January 2021, institutional investors s...

Herweijer will be tasked with leading the bank's push towards net zero

Indonesia’s palm-oil-powered diesel fueling threat to forests Biodiesel should not be viewed as a substitute for fossil fuel, say environmental groups, who have urged Jakarta to be more ambitious in its efforts to cut emissions By Michael Taylor / Thomson Reuters Foundation, KUALA LUMPUR Indonesia’s ambitious biodiesel program would increase the risks of deforestation as more tropical forest could be cleared to grow palm oil, environmentalists say, urging policymakers to implement a long-term ban on new plantations. Indonesia — which is home to the world’s third-largest tropical fo...

The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years....the 122 bi...