Denmark to ban sale of new fossil fuel cars in 11 years
The prime minister of Denmark announced that the country will be banning the sale of new gasoline and diesel-fueled cars in 2030 as a means of reducing their carbon footprint.
Oil, natural gas & divestment
Royal Bank of Scotland to stop financing new coal plants, oil sands or arctic oil projects
RBS said it would no longer directly finance new coal-fired power stations or thermal coal mines, oil sands or Arctic oil projects and unsustainable vegetation or peatland clearance projects.
Premature birth rates drop in California after coal and oil plants shut down, study finds
Within a year of eight coal- and oil-fired power plant retirements, the rate of preterm births in mothers living close by dropped, finds new study on air pollution.
Church of Ireland to end investments in fossil fuel companies
The Church of Ireland has voted to exclude fully companies with a turnover of greater than 10 percent from fossil fuel production, by 2022.
Costa Rica to ban fossil fuels and become world’s first decarbonised society
New president embraces ‘titanic and beautiful task’ of complete renewable energy transition.
HSBC to stop financing most new coal plants, oil sands, arctic drilling
Europe’s largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oil sands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.
New Zealand bans new offshore drilling, citing climate change
“When it comes to climate change, our plan is clear,” said Ms. Ardern, a member of the center-left Labor Party. “We are committed to the goal of becoming a net zero emissions economy by 2050.”
Fossil fuels squeezed by plunge in cost of renewables, BNEF says
The economics of generating electricity from fossil fuels are deteriorating rapidly as renewable energy technology plunges in costs.
Arnold Schwarzenegger is suing big oil for climate change
Two months after New York’s Mayor announced he was suing oil companies for their role in climate change, former California Governor Arnold Schwarzenegger has revealed he intends to do the same, stating oil companies are “knowingly killing people.”
Porsche has stopped production of cars with diesel engines
Porsche has stopped production of cars with diesel engines, according to Autocar. The UK-based automotive publication reported Tuesday all models equipped with diesel engines have been dropped following an emissions compliance issue for European markets.