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A growing number of financial institutions are moving their investments from fossil fuels into less polluting projects and resources. So what do oil and gas companies make of this shift?
Some of them are waking up to the clean energy transition in response to investor pressure. But there are leaders and laggards when it comes to oil and gas companies and reducing greenhouse gas emissions. There are also valid concerns about greenwashing. And yet, some of these firms are fundamentally reshaping the way that they do business.
In this episode, the latest in Political Climate’s special DITCHED series, we look at the pressures oil and gas companies are under to go low-carbon with Valentina Kretzschmar, vice president of corporate research at the research firm Wood Mackenzie.
FT: Why ExxonMobil is sticking with oil as rivals look to a greener future
WoodMac: Could clean energy be the winner in the oil price war?
NYT: Shell and Total report big drop in profits, but made clean-energy investments.
Earther: Maybe It’s Time to Retire the Phrase ‘Big Oil’
E&E: How one fossil fuel company became a green giant
The retailer H&M, which has long given a discount to shoppers who bring in old clothes to recycle, is taking its “game” to a whole new level. They’re partnering with Game of Thrones’ star Maisie Jones to promote their sustainability programs both online and in real life. Jones now has an avatar, and both of […]
by Natasha Lasky, ODP Staff Writer A new UN report suggests that plastic pollution isn’t just a threat to marine life — it’s also an issue of environmental justice. The report, titled Neglected: Environmental Justice Impacts of Plastic Pollution, highlights that poor nations and communities around the world disproportionately suffer the effects of plastic waste. This […]
President Biden’s new infrastructure plan contains something surprising — funding for “construction” projects to remove highways. Why? Because for decades, Black communities in cities across the U.S. have been cut off and/or divided by highways and major roads that were built without regard to their impact on those neighborhoods.
Why This Matters: Highways built in the 50s and 60s often came at the expense of communities of color. Their impact enforced segregation, disrupt thriving communities, and distanced Black people from city resources and job opportunities.
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