Weekly data: majority of insurers lack robust net-zero targets
A new report from the shareholder advocacy group ShareAction underscores the failure of the insurance industry to take climate change…
All articles by Polly Bindman
Polly Bindman
@pollybindman
Polly Bindman is a senior data journalist and sustainable finance reporter based in London. She is also a contributing writer for the New Statesman, and previously worked at Capital Monitor. Contact Polly at: polly.bindman [at] globaldata.com
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G20 spends three-times as much on fossil fuels as clean power
On average between 2020 and 2022, G20 countries channelled more than three-times as much public finance towards fossil fuels compared…
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Ten single entities responsible for 40% of historic emissions
Just ten single entities including oil majors Shell and ExxonMobil are responsible for 40% of historic fossil fuel CO₂ emissions,…
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Shell returns to The Hague to appeal historic climate ruling
On Tuesday, representatives of oil major Shell once again took on climate activists at The Hague, as the company's lawyers…
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World’s largest oil majors “way off-track” from Paris goals – new report
The world’s largest oil majors are not adequately prepared for the energy transition, finds a report released today by the…
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EXCLUSIVE – Azerbaijan oil and gas extraction plans are equivalent to an entire year of EU emissions
The recent decision to allow a second consecutive petrostate the opportunity to host the next UN climate conference, COP29, has…
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Weekly data: US LNG export capacity expected to be 76% higher than EU demand
European gas demand has fallen to a ten-year low and is down 20% since Russia’s full-scale invasion of Ukraine, according…
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Weekly data: Red Sea crisis could quadruple CO₂ emissions from ships
The diversion of more than 100 container ships around the southern tip of Africa, from their usual Asia-to-Europe route from…
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North Sea oil and gas assets a risky bet for private equity, think tank warns
North Sea oil and gas production is expected to plummet in the coming years, as renewables become increasingly competitive. Now, a…
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Weekly data: bp and Shell’s spending on renewables flatlines in 2023
On Tuesday, UK oil major bp reported that in 2023 it raked in $13.8bn (£10.93bn) in profits. This represented its…