UNITED KINGDOM
bookmark

Universities accept £41m in fossil fuel funding since 2022

Major fossil fuel companies have committed tens of millions of pounds in funding to United Kingdom universities since 2022, it can be revealed, despite many of these institutions having actively pledged to divest from oil and gas, writes Max Colbert for The Guardian.

According to freedom of information requests submitted by the climate journalism site DeSmog, more than £40.9 million (US$50 million) in research agreements, tuition fees, scholarships, grants and consultancy fees have been pledged to 44 UK universities by 32 oil, coal and gas companies since 2022.

The largest contributors were Shell, the Malaysian state-owned oil company Petronas, and BP. These three companies account for more than 76% of the total figure awarded, having given £20.98 million, £5.19 million and £4.89 million respectively.
Full report on The Guardian site