Climate love
Image of IEA

IEA

Climate love

Companies still investing too much in fossil fuels,

Fossil fuel companies are investing twice as much in oil and gas as they should if the world hopes to limit rising global temperatures to avert a climate catastrophe, according to the International Energy Agency (IEA). The world’s energy watchdog said that the sector still had “minimal” engagement with the global clean energy transition, and continued to contribute just 1% of clean energy investment globally. https://www.theguardian.com/business/2023/nov/23/companies-still-investing-too-much-in-fossil-fuels-global-energy-watchdog-says

Do you agree?

142 more agrees trigger scaled up advertising

  • Abraham Jok Atem

    18 w

    Good job from this companies

    2
    • zelda ninga

      20 w

      This is absurd having them contribute to 1% on clean energy sounds like a joke.

      5
      • mercy nduta

        21 w

        Investing in clean energy would be the right way.

        5
        • Gorffly mokua

          21 w

          This is because,they are only interested in making profits!

          5
          • walter lungayi

            21 w

            This is a great Eye opener. Thanks to IEA

            8
            • Princess

              20 w

              @walter_lungayi they deserve an appreciation.

              1
            • Esther Wanjiku

              21 w

              A good one by the IEA

              6
              • We Don't Have Time

                21 w

                Dear CHRIS NGATIA Your climate love has received over 50 agrees! We have reached out to IEA by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

                3
                • Kevin

                  21 w

                  This is incredibly wrong

                  8
                  • Saustine Lusanzu

                    21 w

                    @Kevin exactly and totally wrong

                    6
                    • Grace Njeri

                      21 w

                      @Kevin The investment should instead be in renewable energy

                      6
                    • Rashid Kamau

                      21 w

                      Companies need to shun away from investing in life threatening commodities.

                      8
                      • Saustine Lusanzu

                        21 w

                        @rashid_kamau ecoside law must be taken into consideration

                        7
                        • Grace Njeri

                          21 w

                          @rashid_kamau Fossil fuels will never be of help,instead it will continue causing more havoc than expected.

                          7
                        • Princess

                          21 w

                          It's important to convey that the global trajectory is moving towards a future where reliance on fossil fuels will diminish.

                          12
                          • Saustine Lusanzu

                            21 w

                            @princess_nel_268 yes this is brilliant idea

                            6
                            • Grace Njeri

                              21 w

                              @princess_nel_268 With the steady efforts conveyed we shall soon cease fossil fuels reliance.

                              6
                            • Rukia Ahmed Abdi

                              21 w

                              The report from the International Energy Agency (IEA) underscores a concerning trend in the energy sector. The revelation that fossil fuel companies are investing twice as much in oil and gas as is compatible with efforts to limit global temperature increases raises significant alarms. The minimal engagement with the global clean energy transition and the mere 1% contribution to clean energy investment highlight the industry's slow progress in aligning with climate goals.

                              7
                              • Princess

                                21 w

                                @rukia_ahmed_abdi Absolutely, encouraging fossil fuel companies to invest more in clean energies is crucial for a sustainable future.

                                7
                                • Saustine Lusanzu

                                  21 w

                                  @rukia_ahmed_abdi Investing in clean energy is a way to solve the challenge

                                  5
                                  • Grace Njeri

                                    21 w

                                    @princess_nel_268 Yes, renewables are the key to green, secure and affordable energy.

                                    6
                                  • Rotich Kim

                                    21 w

                                    IEA should be exposed all sort of companies to the public so that we can get swift action against them our environment is safe when everyone is involved

                                    9
                                    • Princess

                                      21 w

                                      @rotich_kim this is a valid point.

                                      7
                                      • Grace Njeri

                                        21 w

                                        @rotich_kim A safe and clean environment is one in which the people has the freedom to pursue.

                                        6
                                      • Elizabeth Gathigia

                                        21 w

                                        I wish they could invest more on clean energies, but let them know very soon fossil fuel will be a thing of the past

                                        21
                                        • Princess

                                          21 w

                                          @elizbeth_gathigia absolutely, embracing clean energy now not only aligns with environmental responsibility but also positions companies for long-term success in an evolving energy landscape.

                                          7
                                          • Saustine Lusanzu

                                            21 w

                                            @elizbeth_gathigia it's my wish too

                                            5
                                            • Grace Njeri

                                              21 w

                                              @elizbeth_gathigia Definitely,fossil fuels existence should completely be a story of the past.

                                              6
                                              • Jane Wangui

                                                20 w

                                                @elizbeth_gathigia right now those investing in fossil fuels are crazed by possible profit.

                                                4
                                              • rosebellendiritu

                                                21 w

                                                Thanks IEA for highlighting this,they should be exposed and stop investing in fossils

                                                19
                                              Welcome, let's solve the climate crisis together
                                              Post youtube preview with preloading
                                              youtube overlay

                                              Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.

                                              Write a climate review

                                              Voice your opinion on how businesses and organizations impact the climate.
                                              0 trees planted

                                              One tree is planted for every climate review written to an organization that is Open for Climate Dialogue™.

                                              Download the app

                                              We plant a tree for every new user.

                                              AppleAndroid