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Europe’s largest bank, HSBC, said on Friday it would mostly stop funding new coal power plants, oil sands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.

Other large banks such as ING and BNP Paribas have made similar pledges in recent months as investors have mounted pressure to make sure bank’s actions align with the Paris agreement, a global pact to limit greenhouse gas emissions and curb rising temperatures.

Through two new studies in Nature, the weakening of the Gulf Stream System is back in the scientific headlines. But even before that, interesting new papers have been published – high time for an update on this topic.

Below is a part of the Socialist Alliance’s climate action plan. For more information go to the policy page.

Friends of the Earth demands the oil firm move away from fossil fuels to comply with Paris deal

The global flurry of legal campaigns against “big oil” has widened, with Royal Dutch Shell being threatened with legal action unless it steps up efforts to comply with the Paris climate agreement.

[Editor: This is a great article! A must read.]

Private banks around the world are back to funneling more money into the global fossil fuel sectors in 2017, according to a report released today by Rainforest Action Network, 

 March 25, 2018

Remember Paris? It was not even two years ago that the celebrated climate accords were signed — defining two degrees of global warming as a must-meet target and rallying all the world’s nations to meet it — and the returns are already dispiritingly grim.

March 20, 2018 - Canada is stepping its toes further into the social and military disasters in Africa created by several centuries of imperialist plunder. It is sending six military helicopters to assist United Nations Security Council-endorsed occupation troops in Mali.

When I checked my email one day last week, there was a link to a piece just published in The Globe and Mail. A columnist named Gary Mason had used me as his foil to prove that protests against the Kinder Morgan Trans Mountain pipeline expansion were subversive plots imported from the U.S., part of a grand overall strategy to mess with the fossil fuel industry.