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Week 21 – Solutions focus II: Energy

w21 learning materials: Energy – fossil fuel dependence [pdf]

Primary reading

* Buller, A (2020), ‘Doing Well by Doing Good’? Examining the rise of Environmental, Social, Governance (ESG) Investing, Common Wealth, December

* Coffin, M, Dalman, A and Grant, A (2021), Beyond Petrostates: The burning need to cut oil dependence in the energy transition, Carbon Tracker Initiative, Feb

Griffin, P (2017), The Carbon Majors Database: CDP Carbon Majors Report 2017, CDP / Climate Accountability Institute [pdf]

Mazzucato, M (2019), Mobilizing for a Climate Moonshot, Project Syndicate, Oct 8th
[ see also Mazzucato, M (2021), Mission Economy, London: Allen Lane – see review: Diane Coyle (2021), Dark side of the moonshot: can the state really fix our broken capitalism?, Prospect, Jan 26th ]

Pettifor, A (2019), The case for Green New Deal, London: Verso [ see Zoe Williams’ review here ]

Ritchie, H and Roser, M (2020), Emissions by sector, Our World in Data

* SEI, IISD, ODI, E3G, and UNEP (2020), The Production Gap Report: 2020 Special Report,

News articles

ESG

Butler, B (2021), Rating agency S&P warns 13 oil and gas companies they risk downgrades as renewables pick up steam, The Guardian, Jan 27th

Jolly, J (2019), World’s biggest investor accused of dragging feet on climate crisis, The Guardian, May 21st

Jolly, J (2021), BlackRock holds $85bn in coal despite pledge to sell fossil fuel shares, The Guardian, Jan 13th

Jolly, J and Ambrose, J (2021), Oil firms should disclose carbon output, says BlackRock, The Guardian, Feb 17th

Makortoff, K (2021), Shareholders push HSBC to cut exposure to fossil fuels, The Guardian, Jan 10th

Riding, S (2020), Third of low-carbon funds invest in oil and gas stocks, Financial Times, Dec 20th

Tett, G (2021), Wall Street’s new mantra: green is good, Financial Times, Jan 29th

Divestment

Davies, R (2019), Norway’s $1tn wealth fund to divest from oil and gas exploration, The Guardian, Mar 8th

Edgecliffe-Johnson, A and Nauman, B (2019), Fossil fuel divestment has ‘zero’ climate impact, says Bill Gates, Financial Times, Sept 17th

Kirk, K (2021), Investors flee Big Oil as portfolios get drilled, Yale Climate Connections, Jan 14th

Kollewe, J (2020), Lloyd’s market to quit fossil fuel insurance by 2030, The Guardian, Dec 17th

Makortoff, K (2021), Shareholders push HSBC to cut exposure to fossil fuels, the Guardian, Jan 10th

McKibben, B (2018), At last, divestment is hitting the fossil fuel industry where it hurts, The Guardian, Dec 16th

Nauman, B (2020), Students push for university climate change divestments, Financial Times, Dec 7th

Fossil fuels

Agren, D (2021), Mexico was once a climate leader – now it’s betting big on coal, The Guardian, Feb 16th

Ambrose, J (2020a), Global oil demand may have passed peak, says BP energy report, The Guardian, Sept 14th

Ambrose, J (2020b), BP leads energy companies preparing two major UK carbon capture projects, The Guardian, Oct 27th

Ambrose, J (2020c), ExxonMobil warns of $30bn writedown of shale assets amid energy price slump, The Guardian, Oct 30th

Ambrose, J (2020d), Denmark to end new oil and gas exploration in North Sea, The Guardian, Dec 4th

Boffey, D (2020), Shell in court over claims it hampered fossil fuels phase-out, The Guardian, Nov 30th

Carrington, D (2020), World is ‘doubling down’ on fossil fuels despite climate crisis – UN report , The Guardian, Dec 2nd

Champion, M (2021), Climate Targets Could Cost Petrostates $13 Trillion, Study Finds, Bloomberg, Feb 11th

Harvey, F (2021a), Top climate scientist warns PM over ‘contemptuous’ Cumbria coalmine plan, The Guardian

Harvey, F (2021b), State-owned fossil fuel firms’ plan to invest $1.9tn could destroy climate hopes, The Guardian, Feb 9th

Orange, R (2020), The Danish climate minister closing down the oil industry for good, The Guardian, Dec 5th

Raval, A (2020), Big fossil fuel groups all failing climate goals, study shows, Financial Times, Oct 7th

Other

Cambridge Bitcoin Electricity Consumption Index, Cambridge Cenre for Alternative Finance

LINGO

Clark, D and Kiln (2013), Which companies caused global warming?, The Guardian, Nov 20th [interactive]

Laville, S (2021), Hundreds of millions in green grants for English homes pulled despite delays, The Guardian, Feb 10th

van Tilburg, R and Simic?, A (2021), Every Avenue Available: Lessons from monetary history for tackling climate change, Sustainable Finance Lab, Feb 18th