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...JPMorgan is a leading financier of fossil fuel projects and low-carbon energy projects....
...But IAEA director-general Rafael Grossi dismissed pressure for countries to accelerate a move away from Russian fuel....
...Flights departing from Europe emitted a total 164.5 megatonnes of CO₂ in 2023, T&E said, up 11 per cent on the previous year but still 12 per cent below 2019’s peak....
...In 2022, West Virginia led the way when it barred five financial firms, including JPMorgan, BlackRock and Goldman, from new state business, saying they were “boycotting” the fossil fuel industry....
...Changes to the OECD’s voluntary arrangement on export credits would require the consensus of a group of the 38 member states that includes the US, EU, UK and Canada, but also big fossil fuel financiers that...
...But they face tough competition from state-run companies in Russia, China, and Kazakhstan, which control key parts of the fuel supply chain and have begun exporting their technology....
...The EU’s energy regulator has warned the bloc still needs to import Russian liquefied natural gas to avoid an energy shock, even as a group of member states seeks to ban purchases of the fuel from Moscow...
...EU member states cannot and should not do this individually. What we need is binding timelines for the exit from fossil fuels, in electricity production, heating, industrial use and transport....
...For the populist returning to power, the war against the deep state is the only one that matters. And in Trump’s political imagination, Nato is part of the deep state....
...North Korea has said it successfully fired a solid-fuel “hypersonic” missile for the first time, demonstrating Pyongyang’s increasingly sophisticated missile capabilities as the regime deepens defence co-operation...
...North Korea said on Monday that it had successfully fired a solid fuel hypersonic missile for the first time, as Pyongyang’s unrelenting missile development continues amid intensifying co-operation with...
...The European Union is launching multiple probes into Chinese exports that it suspects of receiving heavy state subsidies, including electric vehicles....
...Today’s top stories The FT revealed that leading western and Chinese artificial intelligence scientists had issued a stark warning that tackling the risks around AI requires global co-operation similar...
...Co-founder Stefano Buono explains that the idea dates from the 1990s but never quite hit its mark back then....
...Only 13 member states have a published phase out policy for fossil fuel support, among whom Austria, Slovakia and Slovenia will continue to fund coal, oil and gas projects up to 2030, the report said....
...In 2022 about 42mn tonnes of CO₂ were captured by carbon capture and storage infrastructure around the world, according to RFF....
...There is no need for investment in new fossil fuel supply in our net zero pathway.”...
...The Saudis may be open to closer military co-operation under Centcom, which would mean de facto co-operation with Israel....
...“If you talk to the oil people they are going to say the only way we can meet this energy demand is to use fossil fuels, but many of the customers of these data centres have made net zero CO₂ commitments...
...Other developers, which had borrowed heavily to fuel a pattern of rapid expansion, have restructured their debts or are in discussions to do so....
...The group sits on an $18.4bn pile of investments, which Nuttall and Bae have bet will fuel earnings in the coming years....
...In Texas, local businesses have raised concerns about the state’s “Fair Access” laws, which call for the state and local governments to divest from financial firms that are considered hostile to fossil fuels...
...(Rob Rose) Power Points The artificial Intelligence revolution will be a boon for natural gas, say fossil fuel bosses How Gulf states are putting their money into mining to diversify their economies...
...Other investors have followed hedge funds in buying dollars in recent weeks, according to Michael Metcalfe, head of macro strategy at State Street, which is custodian to $40tn of assets....
...West Virginia was the first state to target BlackRock and other financial firms deemed to boycott fossil fuel companies....
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