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Climate action in fossil fuel sector has ‘stalled’, says report 

Financial Times LogoFinancial Times13h ago

Climate action in fossil fuel sector has ‘stalled’, says report  - Financial Times

Quick Summary:

Investors are racing to gauge what a Donald Trump presidency next year will mean for clean energy, with developers pumping the brakes on projects until they can gather more certainty over the fate of US climate policy.

On Tuesday, Shell won an appeal against a landmark order from a Dutch court to cut its greenhouse gas emissions in a setback to environmental activists aiming to accelerate climate action through litigation.

Global carbon emissions from the fossil fuel sector have grown to record highs this year, with “no sign” of peaking, according to an analysis released this week by the Global Carbon Budget.


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Article Details

Author / Journalist: Amanda Chu

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 12:00:41 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1307 words

Reading Time: 8 minutes read

Sentences: 61 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23584882

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 12 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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  • URL: https://beamstart.com/news/climate-action-in-fossil-fuel-17315868334291

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