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Majority of voters want government to rein in Wall Street’s climate destruction: Poll
Apr 16, 2021 08:35Recent studies have shown that Wall Street is a primary driver of the climate emergency. The world's 60 largest banks have poured more than $3.8 trillion into the fossil fuel industry since the Paris agreement was signed in 2015.
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Several ways Chevron imperils climate, human rights, and racial justice
Apr 08, 2021 08:38According to an analysis by Richard Heede published by The Guardian in 2019, Chevron is responsible for more carbon emissions since 1965 than any other investor-owned fossil fuel company.
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60 largest banks have dumped $3.8 trillion into fossil fuels since 2015, report shows
Mar 31, 2021 16:01A detailed new report released recently by a coalition of environmental groups shows that the 60 largest banks in the world have poured more than $3.8 trillion into the fossil fuel industry since the Paris climate accord was adopted in 2015, providing key financing for destructive projects ranging from coal-fueled power plants in Indonesia to Enbridge's Line 3 tar sands pipeline.
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US oil and gas pipelines are still being built as the rest of the economy shuts down
Apr 09, 2020 19:18Smaller, lower-profile pipeline projects continue across the United States, essentially fast-tracked as they proceed with streets and calendars cleared of public meetings and protests. In Pennsylvania, a series of pipelines designed to transport natural gas liquids, referred to as the Mariner East system, remain under construction following Gov. Tom Wolf’s decision to grant a waiver to Energy Transfer Partners allowing the company to continue construction at 17 different sites.
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JP Morgan economists warn climate crisis is threat to human race
Feb 26, 2020 11:16According to an analysis compiled for the Guardian last year, JP Morgan has provided $75 billion in financial services to the companies most aggressively expanding in sectors such as fracking and Arctic oil and gas exploration since the Paris Agreement. The authors say policymakers need to change direction because a business-as-usual climate policy “would likely push the earth to a place that we haven’t seen for many millions of years”, with outcomes that might be impossible to reverse.”
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How technology is aiding the oil, gas industry
Dec 17, 2019 20:21The oil and gas industry is adopting technology at a faster pace with a view to improving its efficiency and remaining relevant in the dynamic digital environment. These companies are revamping their operations, which helps them remain competitive in the modern-day playing field. Technology has helped turn the fortunes of many companies around.