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Fossil fuel divestment

News and analysis on carbon and fossil fuel divestment

October 2024

  • Susana Muhamad Rozo 001 in Bogota, Colombia, June 2022

    The age of extinction
    How the ‘Frida Kahlo of environmental geopolitics’ is lighting a fire under big oil

    Colombian environment minister Susana Muhamad once worked for Shell. Now, as the country gears up to host the biodiversity Cop16, she is calling for a just transition away from fossil fuels

September 2024

  • Gas is flared at the Jose Antonio Anzoategui oil complex in Barcelona

    More than £494bn subsidies a year in developing world harmful to climate, says report

    ActionAid says ‘parasitic behaviour’ is fuelling the climate crisis and represents ‘corporate capture’ of public finance
  • Members of Greenpeace gather for a photo around a sign that reads "we will end fossil fuels" at the COP28 U.N. Climate Summit, Wednesday, Dec. 13, 2023, in Dubai, United Arab Emirates. (AP Photo/Rafiq Maqbool)

    G20 countries turning backs on fossil fuel pledge, say campaigners

    Promise to ‘transition away from fossil fuels’ made at Cop28 climate talks has been left out of draft resolutions
  • The Drax power station in Selby, England. The site was one of the UK’s worst methane hotposts.

    UK’s methane hotspots include landfills and last coalmine

    Greenpeace urges Labour to ‘fulfil international obligations’ as critics question accuracy of official data

August 2024

  • Flares burn off methane and other hydrocarbons at an oil and gas facility in Texas

    Texas comptroller adds NatWest to list of companies ‘boycotting’ fossil fuel firms

    The bank is latest to be named by officials in the US state, which has law to protect oil and gas sector
  • Mark Rylance wears a pork pie had and looks to camera with a serious expression

    Mark Rylance among actors calling on Old Vic to cut links with fossil fuel investor

    Paapa Essiedu and Stephen Dillane also sign open letter urging theatre to end Royal Bank of Canada’s support over its shares in fuel and arms
  • Dale Vince, with a cotton scarf loosely around his neck, leans on a rail at the Forest Green Rovers football ground, frowning slightly

    Labour donor calls for review as Southport rioter is jailed for less time than Just Stop Oil protester

    ‘Two-tier policing’ claims are nonsense, but government is guilty of ‘two-tier sentencing’, says green energy boss Dale Vince

July 2024

  • Illustration showing an oil facility and US, Canada, Norway, UK and Australia national flags

    The other petrostates
    ‘Inexcusable’: should climate hypocrites get the petrostates label?

    Suggestions definition of petrostate is too narrow as many rich countries that could phase out fossil fuels double down
  • Oil drilling equipment in the Caspian Sea near Baku, Azerbaijan

    Cop29 host Azerbaijan seeks $1bn from fossil fuel producers for climate fund

    Countries and companies involved in oil and gas extraction to be asked to join scheme aimed at tackling global heating
  • An oil platform in the North Sea

    North Sea oil decline: ‘We can’t have a repeat of what happened to 80s miners’

    Unlikely alliance of unions and climate groups call for ‘clear and funded’ transition plan for communities reliant on dwindling industry

June 2024

  • Advertising for Baillie Gifford at the Hay Festival.

    Baillie Gifford boycotts achieve nothing

  • Tom Jeffreys

    Our Baillie Gifford boycotts aren’t about tearing down the arts – they’re about building them up

    Tom Jeffreys
  • Pedestrians walk on the campus at Stanford University in California.

    Big oil uncovered
    Stanford disappoints critics of fossil fuel donations by hiring PR firm with big oil ties

  • Investment management firm Baillie Gifford no longer sponsors Hay festival.

    ‘I wouldn’t call it a victory’: Fossil Free Books organisers on Baillie Gifford’s exit from literary festival funding

  • The Observer view on Baillie Gifford sponsorship row: writing is on the wall for book lovers

  • Baillie Gifford cancels all remaining sponsorships of literary festivals

  • Fossil fuel firms are 'godfathers of climate chaos', says UN chief – video

  • Baillie Gifford will no longer sponsor Borders and Cheltenham literature festivals

  • Nils Pratley on finance
    Book festival activists are making absurd demands over Baillie Gifford

    Nils Pratley
  • Growing sponsorship row leaves UK summer arts festivals in turmoil

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