Fossil Fuels, HSBC, and China
HSBC Holdings Plc promised to “phase down” its financing of the fossil fuel industry, sending a warning to oil and gas clients as the bank works toward its target of net-zero emissions.
It’s time for Larry Fink to come clean about fossil fuels
Breaking: A previously-unreleased pro-oil/gas letter sent by BlackRock to Texas lawmakers and oil/gas executives reveals that the company is simultaneously 1) trying to gain status by supporting anti-oil/gas net zero goals, and 2) trying not to lose any pro-oil/gas investors.
Behind the Energy Crisis: Fossil Fuel Investment Drops, and Renewables Aren’t Ready
An energy price shock is serving as a reminder of the world’s continued dependency on fossil fuels—even amid efforts to shift to renewable sources of energy.