Prelude FLNG, Shell’s floating LNG facility.Photo credit: Shell. By Anders Lorenzen The green credentials of the oil and gas giant Shell are again under scrutiny as its fossil fuel arm has declared a huge 2022 profit. The surge in energy prices, much of it a result of Russia’s invasion of Ukraine, has seen the Anglo-Dutch company take its annual profits […]
Earth911 is honoring the 52 years of Earth Day with 52 Actions for the Earth. Each week through Earth Day 2023, we will share an action you can take to invest in the Earth and make your own life more sustainable. This week, one small action you can take for the Earth affects several big issues – reduction of carbon […]
Despite setbacks from the pandemic, renewable energy deployment is increasing. The Inflation Reduction Act extends renewable energy tax credits and helps remove barriers for low-income households to use clean energy. Although supply chain shortages have created hurdles across the energy industry, 2023 has the potential to be a promising year for the transition to clean energy. Let’s examine the forces […]
Many of us are moving our investments to greener options and driving fuel-efficient vehicles. Some are installing solar panels to reduce our carbon footprints or biking more. But are we supporting the financing of climate chaos through our banking activities? Despite our best intentions, are we indirectly supporting investments in fossil fuel companies and projects? Bank.Green recently announced its Fossil […]