Eco-Business

Exclusive EXCLUSIVE: This revision – which comes as banks face increasing scrutiny over their fossil fuel decarbonisation targets – will better reflect the UK lender's progress in reducing financed emissions, as the long-used revenue-based carbon intensity model “can be very misleading,” StanChart's chief sustainability officer Marisa Drew told Eco-Business.

The bloc’s coal consumption and CO2 emissions have remained below pre-pandemic levels and been falling since September 2022.

Sold-out long-term liquified natural gas contracts and project delays may force a rethink for the Philippines, Vietnam and Thailand to rely on previously-forecasted LNG growth, according to a report by global think tank IEEFA.

As investors face pressure to green their portfolios, gas infrastructure that is unable to adapt to clean energy needs could fall out of favour.

By Fawad Ali

Thomson Reuters Foundation

CarbonCopy

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Countries like Colombia should plan to provide for communities whose livelihoods were previously tied to fossil fuels. By David Waskow

Accelerating the adoption of already proven and scalable technologies is a necessary goal. Achieving it will require new … By Gernot Wagner

At COP27, wealthy governments are pushing for stronger efforts to limit global warming—while failing to deliver the finance and technology promised for climate action in poorer countries. By Brandon Wu

High imported fuel prices and limited global supplies make liquified natural gas projects increasingly uncompetitive. By Sam Reynolds

By Nikki Reisch and Lili Fuhr

By Giulio Boccaletti

By Nick Butler

By Christina Ng

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In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.

Automakers are touting overseas investments in electric vehicles, even as they lobby for lower fuel standards in the United States.

DONG Energy’s shift to 100 per cent renewable energy marks another important step in the global transition away from fossil fuels.

At the UN Climate Summit, Hollywood actor Leonardo DiCaprio delivered a stern message to government leaders, telling them to stop ignoring the reality of climate change. Watch his speech here:

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Eco-Business talks to Peter Kiernan, lead energy analyst for the Economist Intelligence Unit, to unpack a new landmark report from the International Energy Agency, which proposes an immediate ban on fossil fuels extraction to curb global warming.

The Philippines has ended new coal development as it pursues a low-carbon future. Don Paulino of non-profit Philippine Energy Independence Council and boss of Shell's exploration arm, argues why natural gas should remain in the energy mix.

EB Studio [The EB Podcast] In this concluding episode of the Let’s Write the Future series, we explore how the rise of renewable energy, the electrification of transport and the Fourth Industrial Revolution are changing our lives, cities, and the world.

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