fossil fuels

European Investment Bank cancels funding on fossil fuels

According to a latest report, the European Union will withdraw from funding gas, oil and coal projects at the end of 2021. The news include a report of cutting €2bn of yearly investments. Sources allege the funding for fossil fuel…

The National Trust to snub investments in fossil fuels

Latest news by the National Trust suggest that it will sell off fossil shares from fuel companies. According to reports, National Trust has about 4% of £1bn stock market investment in fuel firms. As reports suggest, the new development was…

UK government adopts new plan to curb emissions by 2050

UK government adopts new plan to curb emissions by 2050

The UK Government has introduced a new plan to tackle the problem of climate change. According to reports, the plan will cut greenhouse gas emissions to almost zero by 2050. A statement by Prime Minister Theresa May hinted that reduction…