Bring Forward the Ban on Overseas Fossil Fuel Investments

Rejected 10 signatures

What the petition asks

The Government announced a much needed ban on overseas fossil fuel investment to take effect in July. However, this date must be brought forward to halt the 17 projects poised for approval before then. If just one goes ahead, it would be equivalent to producing the CO2 of 500,000 cars each year.

Since the Paris Agreement, fossil fuel projects accounted for 96% of overseas energy investment. This annual spending of £0.85B almost equals that promised in the “Ten Point Plan” (the Government’s key climate strategy) and this investment must stop now. Strong international policy is desperately needed and we implore the Government to accelerate it’s commitments.

Government Announcement: shorturl.at/mMU48
Projects in consideration: shorturl.at/csA36
Video on climate finance: shorturl.at/cqS67

Why it was rejected

The UK Government or Parliament was already taking the action it asked for.

Since you started your petition the Government has announced that it will no longer provide support for the fossil fuel energy sector overseas from 31 March 2021: https://www.gov.uk/government/news/north-sea-deal-to-protect-jobs-in-green-energy-transition

Timeline

1 Mar 2021	Petition opened for signatures
13 Apr 2021	Rejected by the Petitions Committee

Key facts

Signatures 10

Status Rejected

Rejected 13 Apr 2021

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