Bank Directors Have Ties to Fossil Fuels, Bloomberg Finds

We’re just beginning to understand the myriad ways that incumbent oligopolies have preserved the status quo in global energy markets for so long. Here’s Bloomberg’s latest observation: The world’s largest banks have issued billions in loans to sustainable businesses and taken some steps to restrict funding for some of world’s worst polluters. But the greening […]

Battered oil markets face threat from electric vehicles

Matthew Green and Simon Jessop have a great story at Reuters about the future of the global oil market: Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future. Reuters This is a little […]