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Fossil fuel companies have been quietly leveraging their wealth to manipulate climate research.
President Biden is in the kingdom this week to strengthen ties, consistent with โAmerican values.โ Meanwhile, a US-Saudi joint venture on the Texas coast is pumping out toxic chemicals and greenhouse gases.
Advocates say thatโs all the more reason to end customer-funded gas line expansion.
Despite the UN secretary-generalโs calls to abandon oil and gas finance, fewer than 15 banks, insurers, and investors have created policies to limit support for the industry, according to a recently expanded tracker.
Media personality Dan McTeague also works to undermine climate action.
Nadhim Zahawi brings a long history of working with the sector into a key climate role in the British government.
Critics say the best argument for blue hydrogen is to โkeep the fossil fuel industry in business.โ
Industry and governments are eager to embrace hydrogen power. But the plan to do so is โoverly optimisticโ and based on โunfounded assumptions.โ
The unsubstantiated claim has resurfaced in recent months as pressure has grown for the UK to embrace the controversial gas extraction technique.
Campaigners fear the financial sector may be the biggest beneficiary of new quality standards for carbon credits.
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