Who is financing the global petrochemicals build-out? We followed the money — and the numbers are staggering. 🏦 US$250B from banks. 📈 US$87B from institutional investors. And it keeps flowing. It's time to pull the plug on toxic finance. 👉 bit.ly/4aM5vMP

As Europe’s largest carbon capture and storage (#CCS) project prepares to start operating in the Netherlands, fertilizer giant Yara is claiming a major climate win. But our expert Lisa Tostado pulls back the curtain on why this project is a dangerous distraction. 🙅 1/2 👇

🔴 Today the European Commission unveiled its proposed revision of the EU Emissions Trading System (ETS), one of the EU’s flagship climate policies. At a time of record-breaking heatwaves across Europe, we need a climate strategy focused on reducing emissions at source, not on false solutions 👇

The UK’s fervor for carbon capture isn’t a climate solution — it’s a fossil fuel lifeline that could cost £198bn. As @georgemonbiot.bsky.social writes in @theguardian.com, 75% of this failed tech's cost may fall on consumers to prop up oil & gas instead of phasing them out. 👉 bit.ly/4pbj1zL

The great carbon capture con: behold the wasted billions Burnham could claw back | George Monbiot

There are far better ways to tackle climate breakdown, but successive governments have chosen to listen to the fossil fuel companies instead, says Guardian columnist George Monbiot

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Major win for communities: Plans for one of the world's largest blue hydrogen & ammonia plant have been canceled! The gas and chemicals company Air Products officially abandoned its planned $4.5 billion Clean Energy Complex in Louisiana, swallowing a massive $2.9 billion loss. 1/5 bit.ly/4gvXn71

Why it matters: Air Products' Louisiana blue hydrogen and ammonia project canceled

A monumental community victory as the Air Products Louisiana project canceled its multi-billion dollar blue hydrogen and ammonia proposal.

bit.ly

🔴 A major @propublica.org & @drilledmedia.bsky.social investigation confirms what many experts have long warned: carbon capture has failed to deliver at the scale promised, despite billions in public subsidies. Yet #CCS is increasingly being elevated as a cornerstone of climate policy. 1/

1/ Yesterday @wmo-global.bsky.social made Earth's Energy Imbalance a headline #climate indicator for the first time. I think this could be a significant reframing of climate discourse, and it's worth paying close attention to why. 🧵

⛓️‍💥 The fertilizer crisis is a fossil fuel crisis. It's time to break free! Today, war in the Gulf has sent fertilizer prices soaring again📈 The EU's reliance on synthetic fertilizers squeezes farmers, pollutes nature, harms health, and keeps our food tied to fossil fuels. 70+ orgs call for change👇

🌍 We’re hiring 🌍 CIEL is looking for an Administrative Assistant to support our Fossil Economy Program. Join a global team advancing climate justice & accountability. 🗓 Apply by 3/30 📌 Remote or Geneva-based) 🔗 https://cielorg.bamboohr.com/careers/127?source=aWQ9NjM%3D

💘 Love is in the air… or is it influence? This Valentine’s Day, we’re taking a closer look at the relationships shaping EU policy. 👇 [1/7]

We Didn’t Start the Fire (But it’s all the ways the EU has ruined environmental protection in the last three years) with @greenpeace.eu #ad

Bad news for the #CCS industry: 🔻World’s largest #CCS project revealed record low capture rates 🔻Backers of Acorn CCS are looking to sell up 🔻BP scrap blue Hydrogen & CCS at Teesside CCS projects falling short — technically, economically and politically.

Public funding for #CCS is accelerating. @oilchange.bsky.social & @corporateeurope.org show 🔸EU #CCS subsidies have more than doubled 2023, totaling over €6.2 bn 🔸Member States added €6.1 bn more 🔸Norway, central to EU CCS plans, has spent €5 bn www.realzeroeurope.org/resources/fa... ⏬

Mapping the money behind carbon capture — Real Zero Europe

Public subsidies and industry ties

realzeroeurope.org

300+ big agriculture lobbyists have participated in #COP30, taking place in the Amazon, where the industry is the leading cause of deforestation. States must commit to #EndFossilFuels, incl. agrochemicals, & reforming the COPs to address this conflict of interest. www.theguardian.com/environment/...

"Carbon markets are opening doors to geonegineering. We are seeing that many countries NDCs are full of carbon offsets, full of false solutions. But the reality is that these climate scams are being pushed by powerful actors with vested interests under guise of climate action." @foeint.bsky.social

#AI & #CCS, a new escape hatch for oil and gas companies - CCS advocates and #FossilFuel firms are using AI’s energy demands to justify new fossil-fueled plants, greenwashed by CCS. 531 CCS lobbyists at #COP30 confirms the industry is committed to promoting proven-to-fail CCS

🆕 @ciel.org Analysis - 531 #CCS lobbyists at #COP30 At least 531 lobbyists for groups that advocate for a misguided technology that prolongs #FossilFuel use have gained access to the climate talks. www.ciel.org/news/531-car... Unchecked corporate capture will continue to delay #ClimateAction.

Exposed: 531 Carbon Capture and Storage (CCS) lobbyists at COP30 climate summit in Brazil

The CCS lobbyists received more COP30 passes than any other single nation registered at COP30, except the host country. More passes than 62 national delegations combined. CCS has a decades-long histor...

ciel.org

📣 BREAKING: One out of every 25 attendees at the #COP30 climate talks is a fossil fuel lobbyist. The arsonists aren’t just in the building — they’re throwing fuel on the fire. We need to #KickOutTheSuits NOW! READ: kickbigpollutersout.org/Release-Kick...

📣 BREAKING: Over 1,600 fossil fuel lobbyists are at #COP30. 🛢️1 in 25 attendees still represent crisis-driving corporations, and lobbyists outnumber delegates from the ten most climate-vulnerable nations We need to #KickOutTheSuits and #KickBigPollutersOut NOW! www.theguardian.com/environment/...

Fossil fuel lobbyists outnumber all Cop30 delegations except Brazil, report says

One in every 25 participants at 2025 UN climate summit is a fossil fuel lobbyist, according to Kick Big Polluters Out

theguardian.com

Today, CIEL & Climate Action Network joined 5 thousand people from 60 countries sailing on the rivers surrounding the #COP30 host city. The #AmazonFlotilla is not just a protest or a journey. It's an #IndigenousPeoples-led act of resistance, hope & empowerment: amazonflotilla.quipa.org A 🧵

"Many oil and gas companies advocating for #CCS in UK have simultaneously raised issues with the technical feasibility and commercial viability of CCS in other countries when faced with regulation" Report by @influencemap.bsky.social #climatecrisis influencemap.org/report/The-U...

The UK Oil and Gas Industry's Advocacy on Carbon Capture and Storage (CCS)

New analysis from InfluenceMap suggests that for more than 15 years, the oil and gas industry has systematically pushed the UK government to adopt a costly, emissions-intensive energy policy agenda de...

influencemap.org

🚨 New report from @influencemap.bsky.social reveals Oil & Gas giants are driving the push for costly Carbon Capture & Storage. It’s not a climate solution—it’s a lifeline for fossil fuels. #CCS risks locking in emissions and delaying real action. bit.ly/3IZXf1e

The UK Oil and Gas Industry's Advocacy on Carbon Capture and Storage (CCS)

New analysis from InfluenceMap suggests that for more than 15 years, the oil and gas industry has systematically pushed the UK government to adopt a costly, emissions-intensive energy policy agenda de...

bit.ly

You can't fix offsets, because they're not really broken They are designed from the ground up as a way for polluters to falsify climate action, and for disgustingly rich bankers to divert funds away from frontline communities As long as fossil fuels exist, offsets will exist Good paper! -->>>

Are Carbon Offsets Fixable?

This article provides a systematic review of the literature on carbon offsets. A growing number of studies have found that the most widely used offset programs continue to greatly overestimate their p...

annualreviews.org

News that shocks no one: Carbon offsets do nothing for climate.

Carbon offsets fail to cut global heating due to ‘intractable’ systemic problems, study says

Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions

theguardian.com

#BlocchiamoTutto. Against governments’ silence, against genocide, against impunity. As workers across Italy call for a #GeneralStrike, CIEL UNITE shows its unwavering solidarity with the #GlobalSumudFlotilla, striking workers in Italy, and all those resisting genocide.

THREAD: 1/5 Another consultation, on proposed changes to the EU #ClimateLaw, closes tomorrow. These changes will: 🙈 open the door to international carbon offsets 🙉 endorse so-called ‘permanent removals’ in the EU carbon market. Read on to find out what this means 😱 ec.europa.eu/info/law/bet... 👇

CIEL is proud to stand with the #KickBigPollutersOut coalition as the #UNFCCC takes a critical step: forcing all COP30 participants to publicly disclose their funders and affirm alignment with the Paris Agreement. KBPO Press Release 👇 bit.ly/4gnv097

Today the Commission closes its consultation on ‘CO2 infrastructure & markets’ – a fossil fuel industry stitch up full of deregulation that seeks to entrench carbon capture by building costly and dangerous CO2 pipelines. Read more on Deregulation Watch: corporateeurope.org/en/deregulation-watch

Deregulation Watch | Corporate Europe Observatory

Check out our new posts on Deregulation Watch which helps civil society monitor new developments in the deregulation agenda, assess what’s at stake, and organise in defence of strong social, environme...

corporateeurope.org

This piece by the World Economic Forum repeats wildly optimistic headlines about #CCS from a DNV Group report... but underplays the failings of #CCS (many of which are also in the report) and its use to prolong fossil fuels. I’ll unpack below 👇 www.weforum.org/stories/2025...

Carbon capture and storage is at a turning point. Here's why

Carbon capture and storage is forecast to grow fourfold to 2030, and technological advances and government approval will be key to scaling it further.

weforum.org