Dozens of climate campaigners were arrested for protesting the multinational bank's financing of new fossil fuel development.
Hundreds of activists, largely mothers and their kids, protested outside Citigroup CEO Jane Fraser's luxury apartment building in New York City on Saturday, calling for the multinational bank she leads to stop funding fossil fuel expansion.
Electric Vehicles Strain the Automaker-Big Oil Alliance
In the clean car battle, the oil industry leans on friends—including Donald Trump—to keep gasoline transport alive, while carmakers steer toward an EV future.
Politically Charged: Fourth is a series about how political polarization threatens the EV future.
We are in real trouble. Global carbon dioxide emissions (the main cause of global warming) continue to rise, hitting a new high in 2023. Last year was also the hottest in recorded history and, year by year, more Americans are feeling the consequences. Yet, we have seen only modest attempts to bring emissions down.
Natural Resources Canada tapped a fossil fuel lobby group to help provide recommendations on expanding the nascent hydrogen sector, documents obtained by Canada’s National Observer reveal.
There is no path to a renewable future which leaves American hegemony in place
The United States has a material, vested interest in obstructing progress on climate change. This argument, laid out by Amitav Ghosh in his 2021 book The Nutmeg’s Curse, is crucial for understanding the politics not just of climate change, but of the world: everything from the American trade war against Chinese renewable technologies to the ongoing genocide in Gaza can be linked to it.
You can have a scientifically rigorous diagnosis of climate change, together with a plethora of reasonable policies to tackle the problem, but if your program lacks a strong coalition and powerful political strategy, it will fail.
The company has removed dozens of documents referencing the technology from its website following passage of a new anti-greenwashing law.
Exxon’s Canadian subsidiary Imperial Oil has deleted from its website a document in which its CEO and chairman Brad Corson claims to investors that carbon capture and storage is “critical” to achieving the “climate goals outlined in the Paris Agreement.”
