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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Growth will be delivered by a rollout of the Vegetarian Butcher, which Unilever acquired in 2018. In addition, more vegan options for brands such as Hellmann’s, Magnum and Wall’s will be introduced

Unilever to halve food waste, sets €1bn sales target for plant-based food alternatives

Consumer goods giant Unilever has unveiled a new "future foods" strategy that will see the company commit to halving food waste, improving nutritional standards and set a €1bn sales target for plant-based meat and dairy alternatives.

Continual emissions reductions are needed to meet net-zero, but recovery from the pandemic will likely see an increase

Emissions from energy sector likely to rebound from Covid-19, Capgemini warns

Emissions from the global energy sector will be 7-8% lower in 2020 than in 2019, but most nations are still failing to align their energy generation and consumption patterns with long-term climate targets, Capgemini is warning.

The firm has made several major climate announcements since Anders Opedal took over as chief executive

Equinor sets 2050 net-zero target, says 'peak oil' is likely in 2030

Norwegian energy major Equinor has set a 2050 net-zero target, going beyond its previous commitment to reach 'near-zero' emissions for North Sea operations.

Collectively, G20 nations have allocated 33% more funding to fossil fuels than low-carbon generation since March

UK's Covid-19 recovery package for energy 'not net-zero aligned', report finds

The UK Government has earmarked £3.8bn of stimulus funding for legacy fossil fuel and nuclear generation, compared to just £121m for renewables, a damning new report has claimed.

On average, each of the 50 banks was linked $52bn in finance that is causing biodiversity loss risk

Banks and agribusiness linked to biodiversity loss

Some of the world's largest banks have been linked to industries that are causing mass deforestation and biodiversity loss, with some in the finance sector providing loans and underwriting worth more than $2.6trn to climate-wrecking initiatives.

Unilever is aiming to use at least 25% PCR by 2025 and expects to double the amount it uses over the next 12 months

Unilever expects to double use of recycled plastics in next 12 months

Unilever has confirmed that 10% of its plastic footprint now consists of post-consumer recycled plastic (PCR), as the company pushes ahead to meet a target of halving the use of virgin plastic.

The Council is additionally calling for organisations to declare support for inclusion, equality and diversity and to eliminate discrimination

WBCSD launches net-zero criteria for new and existing business members

The World Business Council for Sustainable Development (WBCSD) has launched new criteria to ensure that its business members align to science-based and net-zero targets to reduce emissions by no later than 2050.

Mike Townsend, founder and chief executive of Earthshine Group, summarises the net-zero journey

Towards net-zero: Are we really the smartest of monkeys?

Setting the scene for edie's upcoming Net-Zero November month of themed content and events, sustainable business expert and commentator Mike Townsend takes a thought-provoking look at the various drivers, challenges and opportunities that lie ahead for businesses on our pathway towards a net-zero carbon, circular economy.

The Government has responded to advice from the CCC

Government to publish 'comprehensive' net-zero strategy in build up to COP26

The UK Government has responded to the latest Committee on Climate Change (CCC) progress report, pledging to publish a "comprehensive" strategy that will detail how all parts of the economy will decarbonise in line with the national net-zero emissions target for 2050.

The European Commission and individual member countries are being urged to follow suit

Lawmakers vote to exclude fossil fuels from EU recovery fund

The environment committee in the European Parliament has voted to exclude fossil fuels from support under the EU's €750bn recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.

The businesses are calling for targeted policies that will support and enable viable projects to commence over the next decade

Businesses and green groups call for Government to set out 'negative emissions' policy framework

The National Farmers Union (NFU), Heathrow Airport and the Renewable Energy Association (REA) are amongst the organisations that have formed the Coalition for Negative Emissions, which is this week calling on the UK Government to set an "unambiguous commitment" to carbon capture and negative emissions.

With around half of global GDP covered by net-zero targets, fossil fuel majors are under pressure to transform

Low-carbon transition: Even best-prepared fossil fuel majors 'to see half of portfolios become uncompetitive'

While European oil and gas majors are diversifying their portfolios to include more renewables, setting stricter climate targets and adjusting their oil price predictions, at least half of their operations won't be competitive in a 1.6C world, a new report claims. 

Since Covid-19 was declared a pandemic, several oil and gas majors have changed their climate and investment plans

Total to increase annual renewables investments to $3bn by 2030

French oil & gas major Total has pledged to increase its annual investments in renewables by 50% by 2030, against the $2bn allocated in 2019, as it strives to meet a 2050 net-zero target.

Pictured: A fossil fuel project in the North Sea

UK Government reps 'discussing potential COP26 sponsorship deals with oil majors'

Despite a promise to ensure that COP26's corporate sponsors are "making real contributions" to climate action, government representatives have reportedly been in discussions with some of the world's highest emitting firms, including Equinor, BP and Shell.

The University of Cambridge became the first higher education institution in the world to set science-based targets in line with the Paris Agreement's more ambitious 1.5C trajectory

Cambridge University to divest £3.5bn fund from fossil fuels as part of net-zero ambition

The University of Cambridge will divest its £3.5bn endowment fund from fossil fuels by 2030, as part of a wider plan to reduce the University's emissions to net-zero by 2038.

In 2019, Ikea sold around 300 million alkaline batteries globally

Ikea to phase-out sales of non-rechargeable batteries to cut back on waste

Ikea has confirmed that it will stop selling non-rechargeable alkaline batteries from its stores by October 2021, after lifecycle assessments found that the environmental impacts of the batteries were much higher than rechargeable alternatives.

London, like many UK cities, has set a net-zero target ahead of the 2050 deadline

London and Bristol vow to divest from fossil fuel companies as part of Covid-19 recovery plans

The mayors of 12 major global cities, including London and Bristol in the UK and Berlin, Milan and Oslo in Europe, have committed to "take all possible steps" to divest their city assets from fossil fuel companies.

China accounts for 28% of the world's emissions and almost 10% of global GDP

China's carbon-neutral target for 2060: What does it mean for global climate action?

The world's largest emitting country, China, has pledged to carbon neutrality by 2060, in a surprising yet welcome move that will boost global negotiations on climate action ahead of next year's COP26 summit.

PepsiCo currently powers facilities using a mix of renewable electricity of 18 countries, of which 9 are accounted for by 100% renewable electricity

PepsiCo targets 100% renewable electricity globally

PepsiCo has confirmed it has joined the Climate Group's RE100 initiative, pledging to source 100% renewable electricity across its operations by 2030, a move that could reduce the manufacturing giant's carbon footprint by 2.5 million tonnes.

Walmart has also pledged to protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030

Walmart targets zero emissions by 2040, won't rely on offsetting

US retail giant Walmart has committed to becoming a zero emissions business by 2040 by pledging to become carbon neutral across its global operations without relying on carbon offsets.

#SustyTalk: Lloyds Banking Group's James Wilde on financing the green recovery

edie's #SustyTalk interview series continues with Lloyds Banking Group's head of sustainability James Wilde taking part in a virtual discussion on financing the green recovery, as well as providing an update on the bank's efforts to halve its emissions.

The targets have now been approved by the SBTi as consistent with levels required to meet the climate goals of the Paris Agreement

Tate & Lyle has carbon goals approve by Science Based Targets initiative

Food and drink ingredient supplier Tate & Lyle has had goals to reduce operational and value chain emissions approved by the Science Based Targets initiative (SBTi).

Arup’s net-zero target arrives alongside UK engineering manufacturer Spirax-Sarco’s own net-zero ambition

Arup, Spirax-Sarco and Bolt outline ambitious climate targets

Engineering firms Arup and Spirax-Sarco Engineering have unveiled new net-zero carbon targets, with Arup targeting net-zero emissions by 2030 and Spirax-Sarco aiming for 2040, while mobility platform Bolt aims to become carbon negative by the end of the year.

BT has a net-zero emissions goal set for 2045

BT joins calls to accelerate climate action through 1.5C Business Playbook

BT has joined the likes of Ikea and Ericsson in supporting the 1.5C Business Playbook, calling for renewed efforts from corporates and policymakers to halve emissions by 2030 as part of a "race to zero".

Unilever has pledged to transition to more sustainable sources of carbon, in line with its 2039 net-zero commitment

Unilever's Persil switches to bio-based formula and recycled plastic bottles

Unilever-owned cleaning brand Persil has launched a new liquid formulation made from plant-based stain removers and biodegradable ingredients that will be packaged in fully recyclable bottles made from 50% post-consumer recycled plastic.

Sharma was quizzed on the UK's roads programme, green buildings grants and COP26 preparations 

Alok Sharma promises 'joined-up thinking' on net-zero policy, but examples remain scarce

Business Secretary Alok Sharma delivered rhetoric that the Government will approach the net-zero emissions commitment for 2050 through a "joined-up thinking" approach, but was unable to confirm any concrete policy announcements that would ensure fossil fuels aren't locked into the future economy.

The UK's oil and gas sector employs 270,000+ people and pays £350m+ in taxes annually

BEIS to review whether UK's oil and gas licencing regime is net-zero compatible

The Department for Business, Energy and Industrial Strategy (BEIS) will review whether its plans for the future oil and gas licencing regime are "aligned with tackling climate change" and compatible with the UK's 2050 net-zero target.

The virgin plastics industry is described in the report as a 'bloated behemoth' which is primed for disruption

Report: World could reach peak plastic production in 2027, risking billions of dollars for oil majors

Global oil majors are planning to invest $400bn in virgin plastic production within five years - but much of this investment is at risk as governments beef up plastics and climate targets, and as consumers continue to push for plastic-free products.

The emissions footprint of Unilever's laundry and cleaning products will be cut by 20% as a result of the changes.

Clean Future: Unilever to remove fossil-fuel-based carbon from cleaning products by 2030

Unilever has unveiled plans to replace 100% of the carbon derived from fossil fuels in its cleaning and laundry products with captured, natural and recycled carbon within a decade.

The supply chain can account for more than 90% of a company's environmental footprint

Scope 3 and the supply chain: How businesses are taking sustainability leadership to a new frontier

Not too long ago, sustainable leadership was defined by those 'getting their own house in order' through emissions reductions, but as the pace required to reduce emissions grows, so too does the efforts from businesses to assist the supply chain in decarbonising. Here, edie looks at some of the transformational ways businesses are engaging with suppliers.

Credit Suisse's previous sustainable finance mechanisms have been tailored towards the Sustainable Development Goals

Credit Suisse cuts fossil fuel lending as part of £250bn green finance promise

Swiss investment bank Credit Suisse has unveiled plans to provide more than £250bn in financing geared towards green bonds and the low-carbon economy over the next decade, as well as pledging to limit financing to the oil and gas sector.

Onshore and offshore wind each accounted for 10% of total domestic generation, the figures show. Pictured: Scout Moor wind farm

UK broke renewable energy generation record in 2019, latest BEIS figures show

The Department for Business, Energy and Industrial Strategy (BEIS) has published its latest annual energy statistics, revealing that a record 37.1% of the electricity generated in the UK in 2019 was renewable.

Nest has more than nine million members

UK's largest pension scheme charts pathway to net-zero

The Government-backed National Employment Savings Trust (Nest) scheme is set to begin divesting from fossil fuel projects immediately, as part of a new roadmap designed to ensure its operations are aligned with the UK's net-zero target.

The two firms are two of the largest emitters globally

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.

The largest contributor to unconditional fossil fuel financing is the US

G20 nations funnel $151bn of Covid-19 recovery funding into fossil fuels

Of the Covid-19 recovery funding allocated to energy companies by G20 governments, 56% has been handed to fossil fuel projects, equivalent to $151bn (£119bn).

The fossil fuel lobby has been the most active of any sector since March

Report: Governments are bowing to fossil fuel lobbying in Covid-19 recovery planning

Almost two-thirds of the interventions which fossil fuel lobbyists made in policymaking between March and June were successful, new analysis has revealed.

Of the collective electricity generation capacity if the cohort, 60% is attributable to fossil fuel assets. Image: WBA

WBA: Less than 10% of electric utilities are taking Paris-Agreement-aligned climate action

Analysis of the decarbonisation ambitions and actions of 50 of the world's largest electric utilities companies has revealed that less than one in ten have fully aligned their business models with the Paris Agreement, despite the fact that the sector must 'enable' the global low-carbon transition.

The oil & gas sector is among the worst-affected by the impacts of Covid-19. Image: Royal Dutch Shell

Shell predicts $22bn hit for oil and gas assets as BP sells petrochemicals arm

Shell has unveiled plans to underwrite the value of its oil and gas portfolio by up to $22bn (£17.7bn) due to the energy demand slump caused by Covid-19, in the same week that BP has struck a $5bn (£4bn) deal to sell off its petrochemicals business.

The company has also committed to sourcing 100% renewable electricity 

Barratt Developments sets net-zero target for 2040

The UK's largest housebuilder, Barratt Developments, has built on recently announced science-based targets by committing to achieving net-zero greenhouse gas emissions by 2040.

The roadmap details a mix of solutions, including electrification, energy efficiency, reducing flaring and offsetting

UK's offshore oil and gas industry vows to halve operational emissions by 2030

The industry body for offshore oil and gas in the UK has published plans for halving emissions from production and exploration within a decade, but green groups say there must also be stronger accountability for indirect emissions.

Pictured: One of BP's ofshore platforms in Trinidad & Tobego. Image: BP

BP forecasts $17.5bn assets hit, accelerates strategy restructure to prioritise renewables

BP is preparing to reduce the value of its assets by between $13bn (£10.4bn) and $17.5bn (£14bn) over the next three months and says the impacts of the Covid-19 will spur its transition to low-carbon energy.

Under Theresa May, the Government broadly rejected recommendations from MPs for decarbonising the UKEF portfolio.

UK Government mulling ban on overseas fossil fuel financing, reports

Ministers are reportedly considering moves to ban the UK Government's direct lending facility from financing any new or existing fossil fuel projects overseas, following a series of high-profile exposés.

Pictured: The Cottam coal power station, which closed permanently in October 2019. Image: EDF

Britain goes 60 days without coal-fired power generation

As of midnight today (10 June), Britain has had no coal-fired power generation on its grid for a full two months - the longest period since the Industrial Revolution.

Solar panel installation, Tetra Pak site. Image: Tetra Pak

Tetra Pak targets net-zero value chain by 2050

Packaging firm Tetra Pak has today (11 June) committed to reaching net-zero greenhouse gas (GHG) emissions across its operations by 2030, with a longer-term target to achieve a net-zero emissions value chain by 2050.

Heat accounts for more than a third of the UK’s greenhouse gas emissions

Heat Networks Industry Council set up to spur zero-carbon networks and job growth

Organisations overseeing the UK's heat networks and industry have created a new Council that will oversee plans to drive up to £50bn in investment into the sector to create 35,000 new jobs and deliver zero-carbon heat networks.

Carbon Tracker warns that any oil or gas producers attempting to revert to “business as usual” could be risking in excess of $100trn in potential profits

Fossil fuel profits set to collapse by two-thirds

The global market value of fossil fuels is set to collapse by almost two-thirds, creating heightened economic risk for companies, financial markets and countries failing to embrace new low-carbon technology.

The built environment accounts for nearly 40% of global emissions

Number of organisations committed to net-zero buildings doubles in one year

The number of companies, cities, states and regions committed to delivering zero-carbon buildings has more than doubled in year, according to new findings from the World Green Building Council (WorldGBC) that confirms that 95 signatories are working towards its Net-Zero Carbon Buildings Commitment.

The decision was agreed following consultation with 600 people, including staff members, students and alumni

University of Manchester targets net-zero investment portfolio

The University of Manchester has announced a new commitment to end investments into fossil fuel projects and organisations by 2022, in line to creating a net-zero investment portfolio by 2038 at the latest.

Glasgow was announced as the host city for COP26

Boris Johnson confirms new COP26 date, urges nations to focus on green recoveries

Prime Minister Boris Johnson has reiterated a desire for the UK to deliver a "sustainable" recovery from the coronavirus pandemic in a way that brings together key international nations to reach the ambitions of the Paris Agreement and the Sustainable Development Goals (SDGs).

The report estimates that lower prices, falling energy demand and increased cases of non-payments of bills will set energy revenues falling by more than $1trn in 2020

IEA: Coronavirus to cause largest ever drop in global energy investment

The world is on course to witness the largest ever drop in investment in global energy, with the coronavirus pandemic set to restrict spending across renewables, gas, fossil fuels and cleantech.

Glasgow was announced as the host city for COP26

Reports: COP26 to be delayed until November 2021

Reports have emerged that the UK Government has put forward the first two weeks of November 2021 as new proposed dates for the crucial COP26 climate conference, citing concerns over the state of international travel safety due to the coronavirus.

Ofgem is due to make a decision on gas network investment in July.

UK's gas networks call for £900m investment into zero-carbon infrastructure

Britain's five gas networks companies have today outlined plans to spend more than £900m on zero-carbon energy infrastructure and hydrogen deployment across the UK, subject to Government approval on funding.

The partners hope the project can be replicated internationally

Copenhagen Airport spearheads green hydrogen project for transport fuel

Renewable energy company Ørsted and Copenhagen Airport are amongst the consortium of businesses aiming to develop a hydrogen and sustainable transport fuel facility in the heart of the Danish capital.

The health organisations are the latest to call for a green recovery

World health groups call for green coronavirus recovery

A coalition of global healthcare organisations, backed by more than 40 million healthcare professionals, have coordinated a written plea to governments to deliver health-based and climate-focused economic recoveries from the coronavirus pandemic.





Each of these success stories exemplifies how businesses are ramping up ambitions and actions in all areas of sustainable development 

World's largest hydrogen plant and UK's Gigafactory: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

The UK could become a world leader for green hydrogen, as it could become cost competitive much faster, due to enabling policies and low-cost and highly abundant renewable

Report: Renewables to account for three-quarters of UK's power demand by 2050

The UK could source 76% of its power demand from renewables by 2050, according to a new report from RenewableUK which claims that the nation's net-zero target will spur rapid demand for green hydrogen while attracting more than £50bn to an already world-leading offshore wind sector.

The document outlines sweeping green policy changes across energy, buildings and transport

Europe's draft 'green recovery' plan leaked

The European Commission's promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy, according to a leaked working document obtained by EURACTIV.

The pricing of an $800m revolving credit facility, which was extended last month, has been linked to its waste, water and carbon targets

Tate & Lyle to cut emissions by 30% by 2030

Food and drink ingredient supplier Tate & Lyle has published a new set of environmental targets, pledging to reduce operational emissions by 30% by 2030 and a 15% reduction in value chain emissions.

The coalition of companies aims to begin construction in 2022, subject to additional funding, and the facility could be operational by 2025

Planning application for UK's first waste-to-jet fuel plant given green light

A planning application backed by Shell and British Airways to create the UK's first commercial-scale waste-to-jet fuel plant in North East Lincolnshire has been granted planning permission.

The empty streets of Paris as a result of the lockdown, which is only starting to be lifted in the country

Lockdown sees global emissions fall by 17%

New research has suggested that daily global carbon emissions recorded in April 2020 were 17% lower compared to the same month last year, largely due to the coronavirus pandemic and forced lockdowns and postponement in production.

The call from the SBTi comes as politicians prepare to outline economy recovery packages to respond to the economic damage caused by the coronavirus pandemic

Business giants call for science-based green economic recovery

More than 150 business giants, including Carlsberg, H&M and Pernod Ricard, with a combined market capitalisation of more than $2.4trn, have signed a joint statement calling on all governments to align coronavirus economic responses to climate science.

Both internally and externally the tools are being developed and a movement is emerging to kickstart a new era of sustainable business.

Chief value officers and ESG investors: What could green finance look like in the new normal?

Whatever the new normal looks like once nations have battled their way through the coronavirus, the recent rhetoric around green finance suggests that both internally externally, the value of sustainability to a business is set to grow.

During the last 10 years, the firm has reduced the absolute carbon emissions associated with its energy use by 63%

Law firm Slaughter and May's carbon goals approved by SBTi

Legal giant Slaughter and May has confirmed that a goal to reduce emissions by 50% by 2030 has been approved by the Science Based Target initiative (SBTi) as aligned to the 1.5C ambition of the Paris Agreement.

One key recommendation is the inclusion of “climate conditionalities” into stimulus packages that enable different-sized corporates to recovery through sustainable actions

Business leaders call for recovery packages to be tied to net-zero corporate targets

The chief executives from 40 global organisations including BP, Heathrow Airport, Shell and HSBC, have called on governments to focus economic recovery packages in ways that enable sectors and businesses to transition to low-carbon and resilient models of operation.

The disclosure digest - Five steps to align sustainability with investor needs

This report is based on a session of discussions and co- creation hosted in association with edie’s 2020 Sustainability Leaders Forum. The half-day event took place on 3 February in London and saw sustainability managers from a wide range of businesses take part in collaborative roundtables. During the discussions, sustainability managers outlined key challenges and discussed the exciting new opportunities in the areas that mattered the most.

edie Explains: Net-zero carbon business

What is 'net-zero' in the context of business emissions? Which organisations are most suited to adopting net-zero carbon strategies? And, what is the impact of the coronavirus on the net-zero movement?

The decision was agreed by numerous stakeholders, including the Student Union and the OUem

Oxford University to divest from fossil fuels and align to net-zero strategies

Oxford University has announced that is divesting its remaining investments away from fossil fuel companies and how its fund management service can engage with organisations that showcase net-zero business plans.

The NGOs expressed concern that no insurer has a commitment to only support projects which are consistent with the needs of a 1.5C transition

NGOs call on investors to respond to coronavirus pandemic through net-zero transition packages

A collection of NGOs have written to some of the world's largest insurers, calling on them to address economic responses to the coronavirus outbreak in ways that are aligned with the urgent need to combat the climate crisis and steer the global economy towards a net-zero future.

The 11th Petersberg Climate Dialogue reiterated the need for climate action during the pandemic

Messages of hope: How world leaders are rallying for a green Covid-19 recovery

The two-day Petersberg Climate Dialogue finished yesterday evening, with ministerial leaders from the UK, Germany, the EU and the UN all delivering rallying cries for nations to focus on climate mitigation as part of any efforts to stimulate the economic downturned caused by the coronavirus outbreak.

The 65% target proposal is unlikely to garner support from a majority in the European Parliament

EU lawmaker puts 65% emissions cut on the table

The European Parliament is gearing up for tough talks on the EU's climate target for 2030, with a 65% emissions cut now firmly on the table.

The report states that the global transition would impact every economy, while severely changing business models and societal habits

McKinsey: Reaching 1.5C a ‘daunting’ and unparalleled transition for all sectors

The global transition to limiting global temperature increases to 1.5C by 2050 has been labelled as a "daunting task", that would require unprecedented levels of decarbonisation for key sectors, with the world currently on course to exceed its carbon budget by 2031.

Planet Tracker is calling on food firms to report FLW by volume in annual reports from 2021 and then commit to accounting for FLW-based scope 3 emissions from 2022

Food retailers urged to disclose emissions from food loss and waste

A new report from thinktank Planet Tracker has called upon food retailers to start tracking and disclosing the greenhouse gas emissions associated with food wasted between farm and fork.

40% of banks are failing to develop financing and investing restrictions or exclusions on high-carbon portfolios

Barclays and HSBC blasted over £158bn fossil fuel financing

Banking giants Barclays and HSBC have been accused of financing a combined £158bn into the fossil fuel sector since the signing of the Paris Agreement in 2015, despite both organisations pledging to ramp up sustainable investment portfolios.

Jacobs' climate action plan has outlined steps to set science-based targets

Jacobs and CMS UK unveil net-zero targets

Engineering firm Jacobs has unveiled a new climate action plan that commits the company to reach net-zero emissions across operations and business travel by the end of the year, while UK law firm CMS has set a net-zero target for 2025, backed by science-based targets.

EasyJet, which has secured a £600m emergency loan from the UK government, emitted 4.1% more CO2 in 2019 than in 2018

Coronavirus: Airlines seek €12.8bn in bailouts without environmental conditions attached

Airlines in Europe have applied for €12.8bn (£11.3bn) government support since the start of the coronavirus pandemic with no binding environmental conditions attached, according to an analysis of the sector's bailout pleas.

Mighty Earth does note that some Governments and businesses are continuing to prioritise climate action as part of a stimulus response to the coronavirus

Airlines, automakers and fossil fuel firms blasted as 'coronavirus climate profiteers'

A new report has blasted the lobbying efforts of the airline, automaker, fossil fuel and logging industries, claiming that organisations are attempting to benefit from billion-pound bailouts in response to the coronavirus that enables them to carry on with climate-wrecking business practices.

The ENA has convened the UK’s leading gas operators such as Cadent, Northern Gas Networks, and National Grid to work on a project aiming to deliver the world’s first zero-carbon gas grid

Net-zero: Is the UK's gas grid ready to go green?

In a week where plans were unveiled for a nationwide roll-out of farming greenhouses heated by wastewater, the UK's major gas operators have teamed up to launch a programme aimed at delivering the world's first zero-carbon gas grid.

The company had recently surpassed its 2020 targets to reduce emissions by 50% against a 2009 baseline and reduce energy use in its buildings on an absolute basis by 50% against a 2013 baseline

Pearson to halve value chain emissions as part of approved science-based target

Learning and education company Pearson has had targets to halve its operational and value chain emissions by 2030 approved by the Science Based Targets initiative (SBTi).

Climate experts had expected emissions to rise in 2020

Carbon emissions from fossil fuels could fall by 2.5bn tonnes in 2020

Global carbon emissions from the fossil fuel industry could fall by a record 2.5bn tonnes this year, a reduction of 5%, as the coronavirus pandemic triggers the biggest drop in demand for fossil fuels on record.

The thinktank found that 46% of global coal plants will be running at a loss in 2020, rising to 52% by 2030

Nations risking 'uneconomic' coronavirus responses by prioritising coal, report warns

China, the US, India and European nations are at risk of being burdened with uneconomic, long-term plans to stimulate their economies in response to the coronavirus outbreak by focusing on new coal capacity, a new study from Carbon Tracker warns.

Pictured: Cumbria's Walney Extension wind farm, the largest offshore wind array in the world

New renewable energy capacity hit record levels in 2019

Almost three-quarters of new electricity generation capacity built in 2019 uses renewable energy, representing an all-time record. New data from the International Renewable Energy Agency (Irena) shows solar, wind and other green technologies now provide more than one-third of the world's power, marking another record.

Implementing the labelling would require Government intervention, which campaigers are keen to see before COP26 in November

Study: Climate-wrecking products 'should come with smoking-style warnings'

Cigarette packets with grisly warnings of the consequences of smoking are intended to deter smokers. Now a group of public health experts says similar warnings should appear on high-carbon products, from airline tickets and energy bills to petrol pumps, to show consumers the health impacts of the climate crisis.

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

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".

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.

Green campaigners are seeking to embarass the Bank by highlighting "contradictions" in its climate approach.

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.

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

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

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.