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arctic oil drilling

Shell Funded Lobbying For Trump’s Pro-Fossil Fuel Financing Looking To Block Banks’ Climate Action

3 Mins Read Anglo-Dutch global oil and gas giant Shell funded an industry group lobbying to block efforts by U.S. banks to tackle climate change, an investigation has found. Even as the corporation made new sustainability pledges and made net-zero its goal publicly, documents reviewed by nonprofit journalism platform SourceMaterial and HuffPost showed that Shell backed the lobbyists […]

Goldman Sachs Stops Funding Arctic Oil Drilling Due To The Climate Crisis

3 Mins Read In a new environmental policy announcement, Goldman Sachs has ruled out any future financing for oil drilling or exploration activities in the Arctic, citing the scientific consensus on the climate crisis as their key reason. Currently, the banking industry at large continues to underwrite global warming. Environmentalists are hoping that the move will pressure other […]