Fossil Fuels – GBRI
 

Whenever we talk about air pollution, carbon emission from fossil fuel-powered vehicles is the most commonly cited example. In the US, sales of hybrids and electric vehicles are slowly but surely picking up as people are increasingly becoming aware of the huge environmental impact of gas-guzzling vehicles. Taking a step in the right direction, Japanese automaker […]

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In an attempt to tackle climate change, reduce its carbon footprint and promote the sale of e-cars, last month Denmark proposed a ban on the sale of new petrol and diesel cars from 2030. The legislators plan to make electric cars cheaper in order to incentivize the transition. The country will also be opening up the bus […]

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Scottish Power, one of UK’s six biggest energy companies, just sold off its last remaining gas power stations to Drax for a sum exceeding £700 million. With this move, the company has completely gotten rid of fossil fuels for energy generation. Iberdrola, Scottish Power’s Spanish parent company, said the move was part of its strategy […]

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The World Bank President Jim Yong Kim just announced that it has withdrawn its support to build a 500-megawatt, $1 billion coal plant in Kosovo. This power plant, one of the dirtiest plants on the continent, was the last coal project being considered for financing by the World Bank. This means that the bank has finally decided to […]

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Investors managing more than $2.5 trillion have warned that fossil fuel companies backing Donald Trump’s plans to open the Arctic National Wildlife Refuge  to drilling could face “enormous reputational risk and public backlash”. The group also adds that exploiting that area, which is one of wildest places left on Earth, would be an “irresponsible business decision”, as global action on […]

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