ChatGPT generated panoramic aerial image showing Lower Manhattan fading into a ghosted oil field, symbolizing Wall Street’s retreat from fossil fuel investments
Wall Street’s six largest banks have cut their financing to oil, gas and coal projects by 25% year-on-year through August 1, 2025. In dollar terms, that means about $73 billion this year versus roughly $97 billion in the same period in 2024. The pullback is uneven. Morgan Stanley reduced its … [continued]
ChatGPT generated panoramic digital painting of an aerospace factory interior, depicting workers assembling large jet engines with high-performance cobalt-based superalloy components
The Trump administration’s latest round of tariffs is drawing scrutiny, but the real concern isn’t just the cost of Chinese EVs—it’s the impact on the materials those tariffs affect. Nickel, cobalt, and platinum-group elements (PGEs) are indispensable to the U.S. economy, yet the country is overwhelmingly reliant on imports, often … [continued]
More and more investment managers in Europe are removing fossil fuel companies from their portfolios as climate risks become more evident.
The Earth is on the brink of a climate meltdown as temperatures around the world soar to unprecedented levels, thanks to fossil fuel usage.
Midjourney generated image of a desolate landscape scarred by oil extraction with rusted pump and pipelines littering it
Last week I had the opportunity to talk with over 300 participants in an Australian Smart Energy Council webinar. It was organized to exploit my unusual timezone alignment with Oz as I spend a few weeks in New Zealand as a digital nomad. Over 600 signed up, expecting to listen … [continued]
No matter how progressive a car company gets — no matter how seriously it takes recycling or risk market share to offer cruelty-free interiors — modern cars need steel, and manufacturing steel without the use of fossil fuels remains a challenge. Luckily, it’s a challenge that Volvo, at least, seems … [continued]
Dr. Charles Donovan of Imperial College in London says economies built on energy from renewable sources will be better able to deal with severe disruptions like the coronavirus.
I have several acquaintances who are concerned about our present administration and Trump’s anti-environmental actions (now he’s just turned back the protection of streams and waterways, giving industry carte blanche to pollute even more). Several of those same individuals just bought new gas cars in the last year. That’s the problem! It’s not the climate deniers, however naive they may be — it’s the people who understand the danger at our door and think it’s someone else’s responsibility to fix.
Critics of renewable energy claim transitioning away from fossil fuels will be too expensive. But what about the cost of continuing to base the global economy on oil?
The government’s plan to roll back fuel economy standards goes much further than the auto industry requested. Who is behind the proposed changes? A New York Times investigation has the answer.
