Oil, natural gas & divestment

This archive tracks meaningful progress on fossil fuel reduction, from institutional divestment campaigns and stranded-asset risks to policy wins that limit new oil and gas development. More than 108 articles document how governments, investors, and communities are reshaping energy finance and production. The stories here focus on what’s actually working — and what it signals for the broader shift away from carbon-intensive fuels.

Wind turbines and solar panels generating power across a European landscape for an article about European renewable energy

Wind and solar generated more electricity than fossil fuels in Europe for the first time

By / / Good News For Humankind

European renewable energy from wind and solar surpassed coal and gas combined for the first time in history, supplying 30% of the continent’s electricity in 2024. That share had been less than 14% just a decade earlier, making the speed of this shift remarkable. Solar alone generated more electricity than coal across Europe for the first time ever. Carbon emissions from European power generation fell to their lowest level in decades. While challenges around energy affordability and grid infrastructure remain, the milestone marks a genuine turning point in how an entire continent powers itself.

An oil and gas facility at dusk with visible flaring for an article about Canada methane regulations

Canada locks in rules to slash oil and gas methane emissions 75% by 2035

By / / Good News For Humankind

Canada methane regulations finalized by Environment and Climate Change Canada set a binding target to cut oil and gas sector emissions 75% below 2012 levels by 2035, among the strictest such rules in the world. The regulations require operators to detect and repair leaks, phase out routine venting and flaring, and replace estimated reporting with measured data. This matters because methane warms the planet roughly 80 times faster than carbon dioxide over 20 years, meaning faster cuts produce faster climate relief. The rules fulfill commitments made under the Global Methane Pledge and bring Canadian standards closer to U.S. regulations across a deeply integrated shared energy network.

Offshore oil platform at sunset in the North Sea for an article about the UK oil and gas ban

Britain becomes the first major economy to ban new oil and gas licenses

By / / Good News For Humankind

The UK oil and gas ban makes Britain the first major economy to end all new fossil fuel exploration licensing, a milestone the Labour government under Keir Starmer delivered as a direct campaign promise. Existing North Sea fields will continue operating, but no new exploration licenses will be issued, foreclosing extraction that could have stretched decades into the future. The move aligns British policy with the International Energy Agency’s finding that new fossil fuel development is incompatible with 1.5-degree climate targets. Paired with an £8.3 billion public clean energy company, the decision sets a precedent other major producers are now watching closely.

Aerial view of dense Amazon rainforest canopy with winding river for an article about Colombia Amazon ban — 13 words

Colombia bans all new oil and mining projects across its Amazon

By / / Good News For Humankind

Colombia Amazon ban: Colombia has announced a complete ban on new oil, gas, and mining projects across its entire Amazon biome, covering roughly 42% of the country’s national territory. The policy immediately blocks 43 oil blocks and 286 pending mining requests, making it one of the most sweeping conservation decisions any government has made in recent memory. Announced alongside COP30, the ban is framed as a binding national commitment rather than a voluntary pledge. It offers significant protections for Indigenous communities and positions Colombia as a potential catalyst for coordinated conservation across all Amazonian nations.

Aerial view of dense tropical rainforest canopy for an article about the Maya Biosphere Reserve oil field closure

Guatemala permanently closes major oil field inside protected rainforest

By / / Good News For Humankind

Guatemala’s Maya Biosphere Reserve has taken a landmark step forward as the government permanently closed the Xan oil field rather than renew its operating concession. The facility once produced nearly 90% of Guatemala’s oil while operating inside a protected national park, a arrangement conservationists long considered incompatible with the reserve’s ecological importance. The former infrastructure is now being converted into a joint military and police security hub to combat illegal ranching, logging, and drug trafficking. A dedicated .5 million conservation fund will support local communities, restoration projects, and long-term monitoring across one of the most biodiverse tropical forest corridors in the Americas.

Solar panels and wind turbines generating power on open land for an article about U.S. clean electricity

Fossil fuels fall below half of U.S. electricity for the first time on record

By / / Good News For Humankind

U.S. clean electricity reached a historic milestone in April 2025, when fossil fuels dropped below 50% of American electricity generation for the first time since the coal-powered grid emerged in the 1800s. According to energy research firm Ember, coal, oil, and natural gas fell to roughly 47% of total generation, with wind, solar, hydro, and nuclear powering the rest. This shift was driven by a 90% drop in wind and solar costs since 2010, triggering sustained investment now visible in real grid output. The milestone matters because it breaks the long-held assumption that fossil fuels are the inevitable backbone of modern electricity.

Offshore oil rig at sunset, for article on offshore drilling ban

Biden permanently bans offshore drilling in 625 million acres of ocean

By / / Good News For Humankind

Offshore drilling is now off the table across 625 million acres of U.S. coastal waters, thanks to a sweeping executive action from President Biden. The protections cover the entire East Coast, the eastern Gulf of Mexico, the Pacific shores of Washington, Oregon, and California, and parts of Alaska’s Northern Bering Sea. What makes this move different is its staying power: Biden invoked a 1953 law that legal experts say can’t easily be undone without Congress. Alongside the ocean announcement, two new national monuments in California — both championed by Native tribes — bring his total conserved lands to 10. It’s a quiet but powerful reminder that some places are simply too precious to drill, and that lasting protection is possible when law, science, and community all pull in the same direction.

Power plant polluting

New York to fine fossil fuel companies $75 billion under new climate law

By / / Good news links

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law at the end of 2024.
New York state will fine fossil fuel companies $75 billion over the next 25 years to pay for damage caused to the climate. The new law is intended to shift some of the recovery and adaptation costs of climate change from individual taxpayers to oil, gas, and coal companies. The money raised will be spent on mitigating the impacts of climate change, including adapting roads, transit, water and sewage systems, buildings and other infrastructure. Fossil fuel companies will be fined based on the amount of greenhouse gases they emitted between 2000 and 2018.

sidharth bhatia QstzxTWnXY unsplash scaled e, for article on University of Oxford

77% of universities have now pledged to divest from fossil fuels

By / / Good news links

115 U.K. universities have now pledged to exclude fossil fuel companies from their investment portfolios, following Birmingham City University, Glasgow School of Art, Royal Northern College of Music, and the University of Bradford all incorporating fossil fuel industry exclusions into their Ethical Investment Policies. The divested universities represent 77% of the U.K. Higher Education sector and more than $22 billion USD worth of endowments.