The world’s major fossil fuel producers are set to bust global environmental goals with excessive coal, oil and gas extraction in the next decade, the United Nations and research groups said on Wednesday in the latest warning over climate crisis.
After months of contentious negotiations, the governing board of the European Investment Bank (EIB), the EU’s lending arm, voted to convert itself into a ‘climate bank’ — delivering a major policy promise of incoming EU Commission President Ursula Von Der Leyen.
Shark teeth are among the most commonly found fossils around the world, yet the cartilage-based skeletons of their owners were rarely preserved. As a result, researchers have no idea what many early sharks looked like, even if they were once very abundant.
Oil and gas executives are holding an exclusive invitation-only forum with environmentalists and government representatives on the sidelines of the UN climate summit, in what critics have condemned as an attempt to influence negotiations in favor of fossil fuel companies.
The UK leads the European Union in giving subsidies to fossil fuels, according to a report from the European commission. It found €12 billion a year in support for fossil fuels in the UK, significantly more than the €8.3 billion spent on renewable energy.