US EditionStanding Firm: Civil Society at the Forefront of the Climate Resistance
- A report by the Centre for Climate Crime and Climate Justice reveals that asset managers BlackRock, Vanguard, and State Street have increased their holdings in the largest oil companies by 30% since 2015, now owning over 18% of shares.
- Bill Spence, a co-author, stated that major oil companies are retreating from climate commitments, planning to increase fossil fuel production, while BP dropped its oil production reduction target in 2024 and Shell halved its plans to cut oil output.
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Standing Firm: Civil Society at the Forefront of the Climate Resistance
The recent US court case that ordered three Greenpeace organisations to pay damages of over US$660 million to an oil and gas company was a stunning blow against civil society’s efforts to stop runaway climate change and environmental degradation. The verdict, following a trial independent witnesses assessed to be grossly unfair, came in reaction to …
·Rome, Italy
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Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
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