Fossil fuels - CSO Futures

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As world battles deadly heatwaves, oil and gas profits set to nearly double

As world battles deadly heatwaves, oil and gas profits set to nearly double

“Fossil fuel corporations are making a killing, literally and figuratively."

28 July 2026

Total energy supply growth led by renewables for the first time in 2025

Energy Transition

Total energy supply growth led by renewables for the first time in 2025

“The geopolitical fault lines of global energy markets are once again exposed."

02 July 2026

Energy transition readiness declines ‘for the first time in over a decade’: WEF report

Energy Transition

Energy transition readiness declines ‘for the first time in over a decade’: WEF report

“The energy transition is not reversing, but it is fracturing."

18 June 2026

Oil and gas sector ramping up production faster than demand despite climate goals

Oil and gas sector ramping up production faster than demand despite climate goals

None of the assessed companies have diversification plans at the scale needed to reach net zero by 2050.

17 June 2026

Bank financing to fossil fuels continues to creep up

Banking on Climate Chaos

Bank financing to fossil fuels continues to creep up

The 12 largest fossil fuel financiers provide nearly 40% of all global bank fossil fuel funding.

12 June 2026

Energy crisis is a chance to accelerate climate transition – but government responses are ‘mixed’

Energy crisis is a chance to accelerate climate transition – but government responses are ‘mixed’

"Arguments for a cleaner, more secure and reliable energy system based on renewables and electrification have never been better."

11 June 2026

COP31 presidency launches global 35% by 2035 electrification target

COP31 presidency launches global 35% by 2035 electrification target

Currently, 20% of energy demand is met by electricity.

10 June 2026

Estimated 70% increase in biofuel demand could affect food prices by 2030

Estimated 70% increase in biofuel demand could affect food prices by 2030

“Governments are playing a dangerous game by promoting food for fuel."

05 June 2026

Clean energy to receive nearly double the investment in fossil fuels this year

Energy Transition

Clean energy to receive nearly double the investment in fossil fuels this year

Renewable power projects are expected to attract around US$665 billion in 2026.

01 June 2026

Climate TRACE Q1 data suggests global emissions are finally declining in 2026

Climate TRACE Q1 data suggests global emissions are finally declining in 2026

Manufacturing emissions dropped by 1.3% year on year in March.

29 May 2026

Methane emissions showed ‘no sign’ of decline in 2025

Methane emissions showed ‘no sign’ of decline in 2025

Around 70% of methane emissions from fossil fuels could be abated with existing technologies.

05 May 2026

First TAFF conference closes with renewed momentum – and recognition that transition away from fossil fuels will 'take time'

Energy Transition

First TAFF conference closes with renewed momentum – and recognition that transition away from fossil fuels will 'take time'

The second TAFF conference will take place in 2027 in Tuvalu.

30 April 2026