Renewables vs fossil fuels
Local renewables in the US ‘make more financial sense than coal’

A new report suggests three-quarters of US coal-fired generation could be replaced with local wind or solar power at cheaper cost to the consumer

Flag of Finland
Finland has banned coal as an energy source from 2029

From this date onwards, the country will only use coal in an emergency

Oil and gas business
Oil and gas execs ‘still incentivised to pursue growth, despite climate concerns’

Carbon Tracker suggests this is inconsistent with a focus on shareholder value in a world trying to phase out petrochemicals

Oil infrastructure
Decarbonisation ‘could leave fossil-fuel economies stranded’

These are the findings of a new World Economic Forum study which shows the world’s sovereign wealth funds collectively own $8 trillion

Los Angeles to replace natural gas with renewable energy

It is abandoning its plan to replace three ageing gas plants – Scattergood, Haynes and Harbor – with newer technology

EU appeals against court’s Capacity Market ruling

The European Commission has not yet opened an in-depth investigation into the UK’s power auction scheme

MPs launch inquiry into UK Export Finance’s fossil fuel investments

The Agency is estimated to have provided £551m per year in support of fossil fuel production overseas between 2014 and 2016

Foreign Office spending funds to promote fracking in China

New analysis also found around £2m of funding supported 16 projects in the oil and gas industry in various nations between 2016 and 2018

G20 ‘spends more on driving climate change than benefits from reducing it’

Only Canada and France generate more income from carbon pricing schemes than they spend on fossil fuel subsidies

UK renewables capacity overtakes fossil fuels for first time

The total renewable capacity on the grid has tripled over the last five years, standing at 42GW