Canadian bank topped the list of global financiers to fossil fuel companies with a whopping $42.5 billion in financing in 2022
The Royal Bank of Canada, RBC, overtook a prominent U.S. financial institution, JP Morgan Chase, for the top spot.
Major economies plan to extract more fossil fuels—incompatible with keeping global temps at safe levels
Oil and gas recovery is set to rise sharply with only a modest decrease in coal
But first, what are the renewable energy sources that could replace fossil fuels?
This will happen as recovering economic activity lifts use for electricity and industrial output.
Studies and Modelling
Plant closure deadlines can improve outcomes for workers and host communities.
Biden's commitment to using the private sector to foster climate action is good news for the solar industry
The U.S has an important role to play in global decarbonization.
Another asset manager divests from fossil fuels — while a 3-part plan aims to expose the industry’s political sway
$90 billion asset manager says corporate lobbying to undermine climate solutions is ‘unacceptable’, as it dumps Exxon, Chevron and Rio Tinto stock
Journalists explain the mounting challenges the fossil fuel industry faced — even before the pandemic
Pandemic lands 'worst body blow' in modern history on fossil fuel companies
China's new coal projects account for 90 percent of global total in first-half - study
On Parliament Hill and at provincial legislatures across the country, politicians must resist pressure from industry and corporate lobbyists amid the COVID-19 pandemic
The solar industry loses fight to include tax credit changes in the “senate passed” pandemic stimulus package
No solar tax credit changes included in the $2 trillion rescue package response to the pandemic