fossil fuels News
Climate Change Activists Are Suing Shell Over Fossil Fuel Usage
Environmentalist and human rights groups said on Friday they had started a lawsuit against Royal Dutch Shell in the Netherlands to force the energy firm to cut its reliance on fossil fuels. The ...
Scientist Panel Prepared to Recommend Much Deeper Cuts in Fossil-Fuel Pollution
A panel of the world's top climate scientists is preparing to recommend much deeper cuts in fossil-fuel pollution than currently suggested as a pathway to stave off a dangerous increase in global ...
Insurer/Investor Group Urges G20 Economies to Phase out Fossil Fuel Subsidies
Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on the Group of 20 economies to phase out fossil fuel subsidies by 2020 despite U.S. doubts about ...
Report Calls Out Insurers for Half-a-Trillion Dollars in ‘Dirty Energy’ Investments
Leading U.S. insurers have nearly half-a-trillion dollars invested in fossil fuel energy and the electric and gas utility sectors, according to a recent report that urges state insurance regulators ...
Unlike Buffett, S&P Sees ‘Considerable’ Climate Change Impact for Insurers
While the overall impact of climate change on the insurance industry is difficult to quantify, the multilayered effects of regulation, reputation and litigation will be "considerable" over the long ...