Fossil fuels

DEFINITION: A natural fuel such as coal or gas that were formed from the remains of living organisms millions of years ago. Fossil fuels are non-renewable energy resources which are harmful for the environment because they release carbon dioxide when they burn.

See also: Greenhouse gas

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US clears Exxon and Chevron to dismiss shareholder climate reporting requests

The US Securities and Exchange Commission (SEC) has approved requests from both Exxon and Chevron to reject shareholder proposals that have called on the oil and gas giants to report on how the companies are addressing climate change by aligning to the Paris Agreement.

Nine of the companies have set a 2050 deadline to achieve net-zero, while four set a date of 2025 or 2030

Just one in 10 of world's largest energy firms have net-zero targets, report finds

Just 10% of the world's largest 132 coal, electricity and oil and gas companies have set time-based commitments to reduce their greenhouse gas emissions to net-zero, with just three companies also pledging to reduce indirect emissions as well.

As of 11am today (25 March), 336,004 cases of Covid-19 had been confirmed globally

In numbers: Tracking coronavirus' impact on energy and the environment

The economic slowdown borne by the Covid-19 pandemic has altered energy demands, impacted emissions from transport and industry and seen key green policy meetings postponed. Here, edie rounds up 19 key stats and facts about the energy and nature context of the outbreak. 

Due to pressure from MPs and constituents, the pension fund publicised 20% of its holdings for the first time in 2017. Image: UK Parliament

MP's pension fund still investing in fossil fuels

MPs have yet again called for the trustees of the Parliamentary Pension Fund to divest from fossil fuel companies Royal Dutch Shell and BP, having finally integrated investment into renewables into the fund.

Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement. Image: Michielderoo/ CC BY 3.0

Global banks 'failing miserably' on climate crisis by funneling trillions into fossil fuels, study finds

The world's largest investment banks have funnelled more than £2.2tn ($2.66tn) into fossil fuels since the Paris agreement, new figures show, prompting warnings they are failing to respond to the climate crisis.

Last October, the Government rejected a string of recommendations from MPs aimed at decarbonising UKEF’s portfolio

UK Export Finance accused of climate 'hypocrisy' over funding

Updated: In the same week that the UK Export Finance’s (UKEF) direct lending facility has allocated more than £2bn for clean growth projects a global NGO has accused the government body of “rank hypocrisy” for breaching OECD guidelines by supporting overseas fossil fuel projects.

TODAY AT 1PM: Join edie's webinar on achieving net-zero

Readers have only a few hours left to register for edie's net-zero webinar, which will outline some of the key elements in the field of setting goals for net-zero carbon and greenhouse gas emissions.

CLG Europe is calling for clarity and direction on a plethora of low-carbon innovations

Corporate leaders want decarbonisation as central focus for Europe's Industrial Strategy

Business giants including Unilever, Interface, and Coca-Cola have called for the new European Industrial Strategy to focus heavily on decarbonisation in a way that sets out clear strategies for investment into low-carbon solutions and provides price incentives for new goods and services.

European Commission President Ursula von der Leyen (pictured) met with Greta Thunberg today

EU debuts climate law 'compass', Greta dismisses it as 'surrender'

The European Commission officially unveiled its Climate Law on Wednesday (4 March), aimed at making the EU carbon neutral by 2050. But Swedish climate activist Greta Thunberg criticised the plan as a "surrender".

Green campaigners are seeking to embarass the Bank by highlighting "contradictions" in its climate approach. Image: George Rex, CC BY SA

Bank of England under pressure over board member's oil links

Environmental groups have called into question the Bank of England's commitment to tackling the climate emergency while it retains one of Britain's most senior oil company executives on its governing board.

The initiative forms part of the GSMA’s climate action roadmap for the industry, which has already seen operators disclose impacts via CDP

Science-based pathway for net-zero emissions established for telecoms sector

The International Telecommunication Union (ITU), the Global e-Sustainability Initiative (GeSI) and the GSMA have forged a new partnership to develop a sector-specific decarbonisation pathway that will outline how all companies in the mobile sector can set science-based targets.

Sharma has a busy 10 months ahead. Image: Gov.uk

Alok Sharma: What we know about the COP26 President's views on climate change

In an unexpected announcement, Business Secretary Andrea Leadsom has been replaced by International Development Secretary Alok Sharma, who has also been named as COP26 President. Here, edie examines Sharma's track record on climate legislation to date.

Power generation capacity may have to grow by 75% to account for additional demand

Sector coupling: Electrification of transport and buildings could slash emissions by 60%

Mass-Scale electrification of the transport, buildings and industrial sectors could enable Europe to reduce greenhouse gas emissions by 60% over the next 30 years, according to a new report published today by research company BloombergNEF (BNEF).

Robinson said that nations couldn't look to make themselves net-zero while continuing to fund polluting projects in developing countries

Mary Robinson: Business and governments must avoid net-zero 'hypocrisy'

EXCLUSIVE: The former president of Ireland Mary Robinson has claimed that net-zero commitments made by governments and corporates must lead to a "just transition" that also combats the "hypocrisy" of ignoring fossil fuel developments further afield.

This round-up documents how businesses and policymakers are driving progress across all areas of sustainable development 

BMJ's divestment campaign and India's net-zero trains: The sustainability success stories of the week

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The report by Carbon Tracker, a financial thinktank, warns that sudden changes in policy in the future could halve the value of fossil fuel investments

Change climate policy now to avert oil market crisis, warns thinktank

The oil industry is at risk of a global market shock that could halve the value of fossil fuel investments if governments delay setting policies to tackle the climate crisis, according to new analysis.

A Drax spokeswoman said the company’s ambition was to be removing, not adding carbon to the atmosphere, by 2030

UK sued for approving Europe's biggest gas power station

The UK government is being sued for approving a large new gas-fired power plant, overruling the climate change objections of its own planning authority.

UK charitable foundations provide more than £4bn of funding every year 

Comic Relief among charities pledging to end fossil fuel investments

Comic Relief, Power to Change, and Guy's and St Thomas' Charity are the latest organisations that have committed to end all fossil fuel investment and adopt a new ethical approach to investing, after joining the Funder Commitment on Climate Change.

There are also other environmental impacts to consider beyond carbon impacts

Businesses not examining carbon impact of plastics alternatives, edie survey finds

An edie survey of almost 300 sustainability and resource professionals has found that almost 50% of businesses haven't examined the carbon impact of single-use plastics alternatives, amidst growing calls for businesses to intertwine actions on plastics and climate change.

More than 3,000 business leaders, policymakers, thought leaders and celebrities are due to gather in Switzerland for the Forum this week

World Economic Forum calls on business chiefs to set net-zero targets

All business leaders and companies attending the World Economic Forum in Davos this week have been asked to make public commitments to achieving net-zero emissions by 2050 or earlier.

Beanland said the higher levies imposed on electricity supply vis-a-vis gas also needs to be addressed by policymakers

Government urged to target one million heat pumps a year by 2035

The UK must invest in ground source heat pump infrastructure in the 2020s, just as previous generations ploughed money into the gas and water grid, in order to help kickstart the fledgling sector.

John Dunne, Wates' group health, safety, environment and quality director

Wates Group targets zero waste and carbon by 2025

Private-owned construction firm Wates Group has committed to new goals that target zero waste from all onsite operations and zero carbon emissions from operations and vehicle fleets by 2025.

With a year to go, oil firm’s $2bn investment is well below its own guidance of $4bn-$6bn

Royal Dutch Shell may fail to reach green energy targets

Royal Dutch Shell is at risk of falling short on plans to invest up to $6bn (£4.6bn) in green energy projects between 2016 and the end of 2020, with its slow progress likely to raise concern that oil companies are not moving fast enough to help tackle the climate crisis.

Pictured: Equinor's Sleipner oil field. Image: Øyvind Gravås and Bo B. Randulff

'Near zero' by 2050: Equinor outlines new long-term emissions targets

Norwegian oil and gas giant Equinor has pledged to bringing the greenhouse gas (GHG) footprint of its onshore plants and offshore fields to "near zero" by 2050.

Pictured: The Cottam coal power station, which is set to ceased generation in September 2019. Image: EDF

'Cleanest year on record': Zero-carbon electricity surpassed fossil fuel generation in 2019

During the course of 2019, 48.5% of electricity consumed in Britain was generated through zero-carbon methods such as wind, solar and nuclear - compared to 43% for fossil fuels.

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A decade in review: Vote for the defining sustainability moment of the 2010s

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Pictured: A Portugese offshore wind project jointly financed by Repsol, the EIB and EDP Renewables

Repsol targets net-zero by 2050

Spanish oil and gas giant Repsol has committed to becoming a net-zero emission business by 2050, across its own operations and its indirect impacts.

Pictured: The Shotton surface coal mine in Northumberland. Image: Rab Lawrence 

Report: Coal 'becoming uninsurable' as cover withdrawal doubles

The number of insurance firms withdrawing cover for coal companies and assets has more than doubled between 2018 and 2019, a new report has revealed.

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Image: Gage Skidmore

Boris Johnson urged to challenge Trump on climate denial

Boris Johnson is being urged by 350 leading climate researchers to robustly challenge Donald Trump on his "dangerous" and "irresponsible" denial of the risks of climate change during the US president's visit to the UK this week.

The thinktank is calling for new measures to reach net-zero at the current 2050 deadline without spiralling costs or harming UK competitiveness

Net-zero by 2025 'practically impossible' due to spiralling costs, report finds

Moving the UK's net-zero emission target forward 25 years is "practically impossible", according to new thinktank research which found that setting a net-zero target for 2025 would cost £200bn each year at a minimum - more than the NHS's annual budget.

Pictured: Lignite-fired power plant in Agios Dimitrios, West Macedonia. Image: Tilemahos Efthimiadis / https://www.flickr.com/photos/telemax/3636859652 

Climate-heating greenhouse gas concentrations hit new high, UN reports

The concentration of climate-heating greenhouse gases hit a record high in 2018, according to a report from the UN's World Meteorological Organization.

Pictured: One of RWE's coal-fired power plants in mainland Europe. Image: Greenpeace

European coal power output sees 'unprecedented' decline

Electricity production from coal is on track to fall by around 3% globally in 2019 - the largest drop on record - with Western European countries leading the charge, according to fresh data published today (25 November).

The report said it was crucial that workers in fossil fuel industries were helped into new employment as production ramped down

Fossil fuel production on track for double the safe climate limit

The world's nations are on track to produce more than twice as much coal, oil and gas as can be burned in 2030 while restricting the rise in the global temperature to 1.5C, analysis shows.

Published last week, the WEO predicts further growth of coal in China, among other nations. Image: Kleineolive/ CC-BY-3.0 

Dozens of investors slam IEA over fossil fuels and renewables projections

Allianz, Zurich Insurance Group and Orsted's pension fund are among 65 finance bodies to have written to the International Energy Agency (IEA), urging to body to hep global energy firms align with the Paris Agreement.

The new policy will cut €2bn (£1.7bn) of yearly investments to fossil fuel projects

European Investment Bank to end financial support for fossil fuels by 2021

The European Investment Bank (EIB) has unveiled a new energy lending policy that will stop all financing for fossil fuel projects at the end of 2021 and unlock €1trn in sustainable development over the next decade.

National Grid has also pledged to spur the reduction of emissions that are outside of its direct control

National Grid commits to net-zero emissions target for 2050

The National Grid has announced a commitment to reduce its direct greenhouse gas emissions to net-zero by 2050, the same timeframe as the UK Government's legislative target.

BCAM is calling for banks to set clear, timebound strategies for restrictions and phase-outs for financing fossil fuels and deforestation

Superficial progress: Global banks failing to deliver time-bound climate strategies

A new report has accused the banking sector of superficial progress when it comes to climate commitments, noting that uptake in low-carbon services, green bonds and reporting standards isn't being matched by demands to decarbonise portfolios.

Williams believes the will of citizens is there to deliver a low-carbon economy in the US

Beyond Carbon: The $500m plan to create a low-carbon US, with or without Trump

EXCLUSIVE: President Donald Trump may have officially kickstarted the process to withdraw the US from the Paris Agreement, but there is a movement of cities, states and businesses that is driving the nation towards 100% clean energy, with or without support from the federal government.

Growing energy demands were largely met using fossil fuels, the report states. Pictured: The WilPhoenix offshore oil rig in Scotland. Image: Joe deSousa

Capgemini: Meeting global climate goals 'looks unrealistic' as energy consumption grows

Global energy demand rose by 2.3% year-on-year in 2018 - a trajectory which, if sustained, will leave the world unable to meet international and national climate goals including the Paris Agreement.

Since 2011, the global proved reserves of oil and gas have increased

Oil and gas giants must cut production by a third to meet climate targets

The world's largest oil and gas companies must cut combined production by 35% by 2040 if nations are the meet the collective ambitions of the Paris Agreement and limit global warming to below 2C, a new report from Carbon Tracker has found.

Sajid Javid's Review will be published in autumn 2020. Photo: Foreign and Commonwealth Office [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]

Treasury launches Net-Zero Review to measure costs of decarbonisation

The Chancellor of the Exchequer Sajid Javid has today (2 November) launched the Net-Zero Review, the first of its kind, which will assess how the UK can manage the transition to a low-carbon economy.

BP's chief executive Bob Dudley and group chief economist Spencer Dale on stage at the One Young World summit

BP chief: Alternative to 'polluter pays' carbon tax can help meet net-zero

BP's chief executive Bob Dudley and group chief economist Spencer Dale believe that regional carbon prices that don't just tax the producers will enable the oil and gas giant to join the global transition to net-zero emissions, but neither were convinced of when that would happen.

Blockade of a fracking waste dump in Neuquen province, Argentina. Image: Mapuche Confederation of Neuquen

UK to use finance meant for green energy to support fracking in Argentina

The UK is planning to invest in Argentina's controversial oil shale industry using a £1bn export finance deal intended to support green energy, according to government documents seen by the Guardian.

Due to pressure from MPs and constituents, the pension fund publicised 20% of its holdings for the first time in 2017. Image: UK Parliament

300 MPs call for Parliamentary Pension Fund to divest from fossil fuels

Trustees of the £700m Parliamentary Pension Fund have been urged to respond to the climate emergency by 300 MPs who have asked that the fund divests from holdings in fossil fuel companies such as BP and Royal Dutch Shell.

Renewable energy sources make up 26% of the world’s electricity today, but according to the IEA, its share is expected to reach 30% by 2024

Renewable energy to expand by 50% in next five years - report

Global supplies of renewable electricity are growing faster than expected and could expand by 50% in the next five years, powered by a resurgence in solar energy.

Pictured: The Beatrice Offshore Windfarm is the UK's second-largest. Image: SSE

Renewable generation overtakes fossil fuels in UK electricity for first time

Renewable energy sources provided more electricity to UK homes and businesses than fossil fuels for the first time since the Industrial Revolution over the last quarter, according to new research.

According to the World Health Organization, nine in 10 citizens around the world breathe dirty air, with seven people dying prematurely due to health problems linked to air pollution

London joins global cities on 'race to the top' for clean air

The mayors of 35 cities, including London, Los Angeles and Milan, have signed a new declaration to tackle the dangers of air pollution and the climate crisis by pledging to improve air quality through measures that go above and beyond existing national commitments.

Shell's corporate membership deal will not be renewed upon its expiry in June 2020. Image: the National Theatre

National Theatre to end Shell membership deal amid climate protests

The National Theatre has announced plans to end its corporate membership deal with Shell last year, following climate protests calling on arts and culture bodies to cut ties with fossil fuel firms.

The facility could become operational in October 2023. Image: Drax

'Risking a carbon budget blowout': UK Government gives go-ahead to Drax gas plant

The UK Government is "risking a carbon budget blowout" by overruling a recommendation from its planning authority in order to give the green light to Drax's large-scale gas power plant, which had been refused on climate grounds.

Less than one-fifth of the banks studied have set time-bound, numerical targets for fossil fuel divestment or clean energy investment. Image: Paulm27/ Wikimedia Commons

Report: Less than half of global banks have sustainable energy finance commitments

Just 23 of the world's largest 50 banks have outlined commitments to invest more in renewable energy and less in fossil fuels, a new report from the World Resources Institute (WRI) has concluded.

UKEF is estimated to have provided an average of £551m in support of fossil fuel production overseas each year between 2014 and 2016 

UK Government will continue to invest in fossil fuels overseas, despite MPs' concerns

The Government has broadly rejected a string of recommendations from MPs aimed at decarbonising the portfolio of the UK's export credit agency, which has continually been found to be financing fossil fuel projects in developing nations.

Pictured: Logging operations in Pomio, New Britain, Papa New Guinea, to make way for agri-food. Image: Fabio Erdos / Panos 

UK banks 'pouring billions into fossil fuels and deforestation', despite green pledges

UK banks have allocated almost £150bn of funding for fossil fuel projects since the start of 2016 and continue to collectively hold 146 investment pots in firms driving significant levels of rainforest deforestation.

John Holland-Kaye joined more than 60 Heads of State at the UN Summit on Climate Action this week

Heathrow CEO: Aviation sector must set net-zero plan 'as soon as possible'

EXCLUSIVE: Heathrow Airport's chief executive John Holland-Kaye has joined the growing calls for the aviation sector to implement a net-zero strategy, claiming that "imposing punitive costs" will not deter people from flying less.

More than a third of the companies analysed are not disclosing their carbon emissions. Stock image of factory in China 

Most of world's biggest firms 'unlikely' to meet Paris climate targets

More than four-fifths of the world's largest companies are unlikely to meet the targets set out in the Paris climate agreement by 2050, according to fresh analysis of their climate disclosures.

In 2018, renewable energy growth reached 7.2%, its highest since 2010, but still accounts for less than 12% of the energy system

Global decarbonisation efforts 'stall', pushing climate goals out of reach

Global decarbonisation efforts will need to be seven times greater than current efforts, if the world is to stand a fair chance of limiting global warming to 1.5C, according to a new PwC report which found that the rate of global decarbonisation has slowed to its lowest level since 2011.

The initiative is open to businesses of all sizes and sectors. Image: The Climate Group 

New initiative to help business minimise climate impacts of cooling

The Climate Group has launched a new initiative aimed at helping businesses to improve the energy efficiency of their cooling processes and to decarbonise their cooling systems.

Pictured: Inside one of Amazon's US fulfilment centres. Image: Amazon US

Amazon staff plan mass walkout over slow climate action

More than 900 Amazon employees have said they will walk out later this month in support of the School Strikes for Climate movement.

Investment decisions on a further $21bn in 12 high-carbon projects are due this year

Oil and gas companies risking £1.8trn in stranded assets during low-carbon transition, report warns

Oil and gas companies have spent £40.5bn ($50bn) on investment projects that undermine the Paris Agreement, with a new report from think tank Carbon Tracker warning that major companies risk wasting £1.8trn ($2.2trn) on stranded assets by 2030.

The webinar is free-to-attend and will be available to watch on demand afterwards

Available to watch on-demand: Free Corporate Power Purchase Agreements online masterclass

With businesses having doubled the record for annual power purchase agreements (PPAs) in 2018, edie hosted a 45-minute masterclass that is now available to watch on-demand to explore how Corporate Power Purchase Agreements (CPPAs) can push businesses towards their clean energy goals.

In the Blueprint, the industry has committed to keeping production above one million barrels of oil equivalent per day

Oil and gas industry's net-zero blueprint branded 'overt lobbying'

Green groups have criticised the UK's offshore oil and gas industry's blueprint to contribute to net-zero emissions by 2035, claiming that the accompanying evidence fails to "leave fossil fuels in the ground".

As of 2018, more than 5,500 places of worship have switched to renewables

Catholic churches and schools sign major British Gas renewables deal

The Catholic Church has signed one of the UK's largest green energy contracts, which has seen more than 4,500 churches and schools switch to renewable gas and electricity supplied by British Gas.

The commitment was made later last week. Image: University of Liverpool

University of Liverpool to divest entirely from fossil fuels

The University of Liverpool has become the latest higher education facility in the UK to commit to removing fossil fuel investments from its portfolio, following pressure from students and staff.

Readings from Hawaii observatory bring the threshold of 450ppm closer sooner than had been anticipated (stock photo)

Latest greenhouse gas emissions data shows steep rises in CO2 for seventh year

The concentration of carbon dioxide in the atmosphere has increased by the second highest annual rise in the past six decades, according to new data.

UK Resources & Waste Strategy: A blueprint for business leadership

This edie insight guide provides sustainability and environmental professionals with a detailed breakdown of all of the key elements of the UK Government's Resources and Waste Strategy, and what they mean for business.

The report concludes that getting the same amount of mobility from gasoline as from new renewables in tandem with EVs over the next 25 years would cost 6.2 to seven times more

Report: Economics of petrol and diesel in 'irreversible decline'

Oil production costs must fall to $10-20 per barrel for petrol and diesel to compete effectively against renewable power in the transport sector, a new report has claimed.

edie's next masterclass: adopting Corporate Power Purchase Agreements

As Corporate Power Purchase Agreements (CPPAs) become a popular tool for businesses to meet their energy needs in a sustainable way, and with more companies moving away from fossil fuels, it is crucial to understand the process to adopt these Agreements.

The EU’s lending arm financed oil, gas and coal projects in 2018 with more than €2.4bn

EIB plans to cut all funding for fossil fuel projects by 2020

The European Investment Bank (EIB) has vowed to end its multibillion-euro financing for fossil fuel projects by the end of next year in order to align its strategy with climate targets.

One-third of the electricity produced in the UK in 2018 was renewable, new Government figures show

UK set to miss renewable energy target despite breaking records

Despite 2018 being another record year for renewable generation, official figures on energy consumption across the UK last year suggest that national 2020 renewable energy targets will be missed.

Coal-fired power plant in South Africa

UK's overseas energy aid spending on fossil fuels spirals to £4.6bn

Over the last seven years, the UK has spent 60% of its overseas support for energy investment in developing countries on fossil fuels, with more than £4.6bn spent on climate-wrecking projects.

These stories exemplify how businesses and governments across the world are ramping up efforts in all areas of sustainable development

Coors' plastic-free packaging and solar-powered trains: The sustainability success stories of the week

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The RSA and RCEM hope their commitments will inspire broader action

Royal institutions divest from fossil fuels, encourage others to follow suit

To mark London Climate Action Week, the Royal College of Emergency Medicine (RCEM) and the Royal Society of Arts have sold all remaining shares in fossil fuel companies.

The Trust looks after 780 miles of coastline and 248,000 hectares of land, as well as its 500+ visitor sites. Pictured: Fountains Abbey, Yorkshire

The National Trust to divest entirely from fossil fuels

Europe's largest conservation charity has announced that it will divest from all fossil fuel companies within the next three years.

The goals were announced in April, but have since been approved by the SBTi

Co-op to halve emissions with 1.5C science-based target

The Co-op has joined a select group of business leaders committed to aligning emissions reduction strategies with the highest ambition of the Paris Agreement, after pledging to halve its greenhouse gas emissions by 2025.

The subsidies for coal mining halved, from $22bn to $10bn

G20 nations triple coal power subsidies despite climate crisis

G20 nations have almost tripled the subsidies they give to coal-fired power plants in recent years, despite the urgent need to cut the carbon emissions driving the climate crisis.

Both companies announced new climate goals next week

Puma sets science-based target while Nike envisions carbon neutrality

Sportswear giant Puma has set a new science-based target to reduce emissions by 35% by 2030, while fellow sports brand Nike has joined the Fashion Industry Charter for Climate Action to reach net-zero emissions by 2050.

One of Arriva's electric bus models 

Arriva inks telematics deal to slash bus emissions

European passenger transport company Arriva will install TomTom telematics systems in up to 15,000 buses, in a move that could reduce carbon emissions by 72,000 tonnes each year.

Former National Grid boss Steve Holliday: We can't isolate oil & gas majors on path to net-zero

Former National Grid boss Steve Holliday urged greater business and policy action to involve oil and gas firms in the power sector's low-carbon transition, arguing that such businesses must be "central" to transformation.

Two-thirds of the world’s energy demand increase was due to higher demand in China

Energy industry's carbon emissions rise at fastest rate in nearly a decade

Carbon emissions from the global energy industry rose at the fastest rate in almost a decade in 2018 after surprise swings in global temperatures stoked extra demand for fossil fuels.

The six-month inquiry began last December 

MPs call for halt on support for fossil fuels in developing nations

Of the £2.6bn which the UK's export credit agency spent supporting energy exports abroad between 2013 and 2018, 96% was funnelled into fossil fuel projects, mostly in developing nations.

The company has an approved science-based target to reduce Scope 1 and Scope 2 emissions by 100% by 2030, compared to 2015 levels

Unilever boss calls for business push on net-zero emissions

Unilever's new chief executive Alan Jope has written to trade associations and business groups that the consumer goods giant is a member of, asking for clarity on whether they believe a transition to net-zero emissions by 2050 is essential.

MPs have called on their own pension fund to divest its fossil fuel holdings

MPs apply pressure on pension funds over fossil fuel holdings

More than one third of MPs have called on pension fund trustees to halt investment in fossil fuels to support a move to a net-zero carbon economy.

ECC claims the target is "ambitious" and that it acknowledges the existence of a "Climate Emergency"

Edinburgh commits to become 'net-zero' carbon city by 2030

Edinburgh City Council (ECC) has pledged to ensure that the city operates on a "net-zero" carbon basis by 2030 - 15 years before Scotland's national net-zero target for 2045.

In action: Anesco's subsidy-free solar farm supported by a storage floor price

Renewable energy firm Anesco is working with EDF Energy and it's tech partner, Upside Energy, to introduce an industry-first guaranteed floor price for revenue from the battery storage units operating at the first subsidy-free solar development in the UK.

Staff and students at Cambridge University have long been lobbying for its management to divest from companies in the fossil fuel industry

Cambridge University agrees to explore fossil fuel divestment plan

The former archbishop of Canterbury Rowan Williams has welcomed an "urgent change" by Cambridge University, after it agreed to provide fully costed plans setting out how it could divest multibillion-pound endowments from fossil fuel corporations.

Heavy industries like cement, steel and chemicals are heavy users of fossil fuels, accounting for about 14% of Europe’s greenhouse gas emissions

Zero-emission EU industry 'within reach' but costly, study finds

Bringing down emissions from heavy industry to net-zero by 2050 is possible but will require costly new production processes and a 25-60% increase in near-term capital investments to reach €40-50 billion per year, according to new research published on Thursday (25 April).

Tetra Pak utilises an array of onsite renewables solutions to lower carbon impacts

SDGs In Action: How Tetra Pak is achieving Goal 13 - Climate Action

Welcome back to edie's new editorial series which breaks down exactly how businesses are turning the Sustainable Development Goals (SDGs) into action. Up next: multinational food packaging firm Tetra Pak unveils how it is protecting futures by championing actions to mitigate climate change.

The World Bank has argued that the study “paints a distorted picture of [its] energy sector work”

The World Bank accused of dodging 'no-coal' pledge by funnelling billions of dollars into fossil fuels

A large-scale study on hundreds of active energy projects commissioned by The World Bank Group has concluded that the body is currently financing $21bn of fossil fuel projects, compared to $7bn in the renewables sector.

Shell commits $300m to conservation and carbon offset projects

Oil giant Shell has unveiled plans to invest $300m over the next three years on conservation and carbon offset projects in a bid to reduce its carbon footprint by up to 3%.

Participants of REBA account for 95% of all large-scale corporate renewable energy deals in the US to date

Corporate giants target 60GW of US renewable energy

Google, Facebook and Walmart are amongst the businesses to commit to bringing more than 60GW of renewable energy online in the US through the Renewable Energy Buyers Alliance (REBA).