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Campaigners fear the financial sector may be the biggest beneficiary of new quality standards for carbon credits.
As billions in federal funds start flowing to state orphan well programs, a DeSmog investigation raises questions about whether oil-friendly states will put industry interests ahead of the environment.
The bill would have required the state’s two enormous public pension funds to divest from fossil fuels, but it was squashed by a Democrat who has taken money from oil and gas companies.
The extreme weather events afflicting the subcontinent, made more likely by climate change, show the need to wind down oil, gas and coal use as soon as possible, argue Basav Sen and Tejal Mankad from the People vs. Fossil Fuels coalition.
The company is currently seeking an estimated £31.7 billion worth of subsidies from the UK government for a similar project.
The fossil fuel industry, smarting from a string of defeats in Oregon and Washington, is hoping to continue to expand in the face of the climate crisis, but without arousing opposition.
The oil and gas industry’s expansion strategy is now being marketed in the language of Indigenous empowerment and net-zero climate action.
A spokesperson for the British Retail Consortium said the phase-out of Russian oil could not "happen all at once".
The petition was backed by former Brexit Party MEP Lance Forman and conservative commentator Darren Grimes.
An international human rights body condemned Canada’s treatment of Indigenous communities opposing two major oil and gas pipelines.
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