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Cover story: Why are banks still financing fossil fuels?

Is it better to engage with fossil fuel companies or to divest? Banks appear to have voted with their funds, as financing continues to be funnelled to fossil fuel companies that are in expansion mode. Is this what a just, orderly and responsible transition to net-zero emissions by 2050 looks like? ....

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Wood Group: Why experts are calling for crackdown on banks over 'green' financial products

Wood Group: Why experts are calling for crackdown on banks over 'green' financial products
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Scottish firm expands oil and gas business after 'green transition loan' | Fossil fuels

Exclusive: Wood Group boosts fossil fuel business and shrinks renewables work after getting government-backed loan ....

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TotalEnergies Uses Record Profits to Fuel Oil and Gas Expansion Incompatible with 1.5-Degree Limit

FOR IMMEDIATE RELEASE May 25, 2023 French oil major responsible for more climate pollution in 2022 than France – its own emissions targets allow same ....

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Shell shareholders reject calls to up climate targets as protestors disrupt AGM

Shell shareholders have been accused of “responding to the lure of dividends” at the cost of the planet after rejecting calls to increase its climate targets for 2030 at the company’s chaotic annual meeting where protestors called, and sang, for change. ....

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