European Investment Bank to Phase Out Fossil Fuel Financing

The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”. The bank will end its financing of oil, gas, and coal projects after 2021, a policy that will make the EU’s lending arm …

The Course of the Energy (R)Evolution in Germany

The term evolution, referring to a gradual and continuous social development, is often used as a total opposite to the term revolution, which brings sudden and dramatic shifts of the existing system. However, their meanings could be united in the energy transition – a process of phasing out dirty energy …

Global Investment in Cutting Greenhouse Gases Fell by 11% in 2018

Investment in greenhouse gas emission reduction fell last year despite the growing urgency of the climate crisis, and the benefits of outlays were cancelled out by investments globally in fossil fuels and other dirty industries, finds a report by the Climate Policy Initiative. Global climate finance hit a record high …

Climate Change

“As an actor, I pretend for a living; I play fictional characters. I believe that mankind has looked at climate change in that same way as if it were fiction. None of this is rhetoric, and none of it is hysteria; it is a fact,” once said Hollywood favourite Leonardo …

Campaigners Try Again to Stop Norway Drilling for Oil in Arctic

Climate campaigners are taking Norway’s government back to court to oppose its plans to open the Arctic for oil drilling despite a public commitment to tackle the environmental crisis. Greenpeace Nordic and Norway’s Nature and Youth organisation will appeal on Tuesday against the government’s decision to allow oil exploration in …

Confrontation: Small Hydropower Plants and Big Issues

We asked two experts if the construction of small hydropower plants is a national interest, or a public interest is to stop the process of further construction of these power plants, and how to find the right balance between the need for clean energy on the one hand and the …

Oktoberfest ‘Produces 10 Times as Much Methane as Boston’

For the millions of people who descend on Munich for the annual bash, Oktoberfest is a celebration of beer, bands and bratwurst. But as the dust settles for another year on the world’s largest folk festival, and die Bierleichen (“beer corpses”) return to the land of the living, environmental scientists …