New Report Warns Fossil Fuel Expansion Is Accelerating Far Beyond Global Limits

The fossil fuel industry is “racing toward climate breakdown with its foot on the accelerator,” said one official at the German environmental rights group Urgewald on Tuesday as the group released its Global Oil and Gas Exit List. The report shows that as world leaders prepare to meet in Brazil for the annual United Nations climate summit, any discussion they have there regarding a green…
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Big Banks Poured $2B Into Oil and Gas Financing in the Amazon Since Last Year

A day after the Brazilian state-run oil firm Petrobras announced it would begin drilling for oil near the mouth of the Amazon River “immediately” after obtaining a license despite concerns over the impact on wildlife, an analysis on Tuesday revealed that banks have added $2 billion in direct financing for oil and gas in the biodiverse Amazon Rainforest since 2024. The report from Stand.
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