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The Fossil Fuel Middlemen: How Nominee Structures Obscure Australian Investments in Coal, Oil and Gas
A report by Global Energy Monitor (GEM) detailing how nominee companies—middlemen that hold shares in name only—are used to obscure the identity of investors in Australian fossil fuel assets. The report highlights that these structures mask ownership for a significant portion of Australia's fossil fuel emissions and are primarily operated by major global banks.
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Document type: Report
Despite Glasgow Climate Pact, 2030 climate target updates have stalled
A June 2022 briefing by the Climate Action Tracker reporting that progress on updating 2030 climate targets has stalled following the Glasgow Climate Pact. The document warns that current targets and policies are insufficient to limit warming to 1.5°C, projecting end-of-century warming of 2.4°C based on 2030 targets and 2.7°C under current policies.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Briefing