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The overall failure to divest appears to undermine a surge of climate commitments made by local authorities in recent years.
Banks and investors have given up on the U.S. fracking industry, which is bad news for current investors who waited too long to get out.
A year-long investigation finds a major West Texas disposal site with a patchy record is also importing radioactive oilfield waste from abroad.
However impressive Oxford’s environmental credentials may be, it cannot achieve climate justice while retaining its close links with fossil fuel companies, argues Brigitte Wear from the Oxford Climate Justice Campaign.
A major new catalogue of fossil fuel company adverts based on research by DeSmog shows the gap between their public image and the reality of their operations.
The total cost of decommissioning offshore oil wells around the world is expected to be over $100 billion by 2030.
The institution is already under intense pressure from campaigners over its existing relationships with oil companies.
While pipeline protesters risk harsh new penalties enacted in various states, security companies hired to police fossil fuel projects are operating with little oversight.
Fossil fuel companies, experts say, “cannot be relied upon to decarbonize at the speed and scale needed” to tackle rising global emissions.
The Permian Basin is ground zero for a billion-dollar surge of zombie oil wells.
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