SAF

SAF production growth was ‘disappointingly slow’ in 2024

"Investors in new generation fuel producers seem to be waiting for guarantees of easy money."

Melodie Michel

17 December 2024

Banking

Goldman Sachs leaves NZBA ahead of capital market emissions requirements

Earlier this year, Goldman Sachs AM also left Climate Action 100+ ahead of more stringent guidelines around oil and gas financing.

Melodie Michel

10 December 2024

Oil & Gas

Oil and gas firms risk stranded assets by betting on petrochemicals: report

Petrochemical demand would have to grow by 3.9% per year until 2035 to make up for lost transportation demand.

Melodie Michel

06 December 2024

Global Plastics Treaty

Global Plastics Treaty talks to resume in 2025 after INC-5 ends in deadlock

"A Treaty that doesn’t protect us fully, that doesn’t cap plastic production, is not a Treaty worth having.”

Melodie Michel

02 December 2024

Global Plastics Treaty

Slow progress on Global Plastic Treaty as talks dominated by fossil lobbyists

Fossil and chemical industry lobbyists form the largest delegation at the INC-5 summit.

Melodie Michel

28 November 2024

COP29

‘Fossil fuel business model’ remains pervasive: CCPI report

Too many governments continue to support fossil fuel developments.

Melodie Michel

20 November 2024

COP29

Climate leaders call for overhaul of COP governance

"COPs should exclude countries and companies who do not support the phase out of fossil fuels."

Melodie Michel

18 November 2024

Operations & Finance

IKEA invests €1.5bn to phase out fossil fuels in existing properties

Heating and cooling are currently the largest drivers of emission within Ingka Group’s own operations.

Melodie Michel

15 November 2024

COP29

Global warming outlook worsens as 2024 brought ‘minimal progress’ on climate

Donald Trump's programme in the US is expected to raise global temperatures by 0.04ºC.

Melodie Michel

14 November 2024

COP29

‘Make Big Oil pay’ campaign takes over COP29 website as report projects record fossil fuel emissions in 2024

Many oil and gas companies are backtracking on their climate commitments, investing in production expansion instead.

Melodie Michel

13 November 2024