{"id":50833,"date":"2020-01-30T11:33:49","date_gmt":"2020-01-30T16:33:49","guid":{"rendered":"https:\/\/olduvai.ca\/?p=50833"},"modified":"2020-01-30T11:33:51","modified_gmt":"2020-01-30T16:33:51","slug":"uks-guardian-bans-ads-from-oil-gas-firms-in-worlds-media-first","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=50833","title":{"rendered":"UK\u2019s Guardian Bans Ads From Oil, Gas Firms In World\u2019s Media First"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/UKs-Guardian-Bans-Ads-From-Oil-Gas-Firms-In-Worlds-Media-First.html\">UK\u2019s Guardian Bans Ads From Oil, Gas Firms In World\u2019s Media First<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/d32r1sh890xpii.cloudfront.net\/news\/718x300\/2020-01-29_x8sjyfsb0q.jpg\" alt=\"Guardian paper\"\/><\/figure>\n\n\n\n<p>UK newspaper Guardian\u00a0<a href=\"https:\/\/www.theguardian.com\/media\/2020\/jan\/29\/guardian-to-ban-advertising-from-fossil-fuel-firms-climate-crisis\">will not accept<\/a>\u00a0advertising money from the fossil fuel industry, even if this means a financial hit for the media, making it the world\u2019s first large news organization to ban oil and gas adds.<\/p>\n\n\n\n<p>The Guardian has been active in recent years in covering climate change and reporting on the climate crisis. Last year, the Guardian&nbsp;<a href=\"https:\/\/www.theguardian.com\/environment\/2019\/may\/17\/why-the-guardian-is-changing-the-language-it-uses-about-the-environment\">changed its style guide<\/a>&nbsp;to use stronger language to describe the climate emergency, using words such as \u2018climate crisis\u2019 and \u2018climate emergency\u2019 instead of \u2018climate change.\u2019<\/p>\n\n\n\n<p>Now the Guardian is outright banning advertising money from oil and gas companies, with immediate effect, the newspaper said on Wednesday.<\/p>\n\n\n\n<p>\u201cOur decision is based on the decades-long efforts by many in that industry to prevent meaningful climate action by governments around the world,\u201d the company\u2019s acting chief executive, Anna Bateson, and the chief revenue officer, Hamish Nicklin, said in a joint statement.<\/p>\n\n\n\n<p>The Guardian has also recently pledged to become a carbon neutral organization at a corporate level by 2030, and to almost entirely divest its Scott Trust endowment fund from fossil fuels. &nbsp;<\/p>\n\n\n\n<p>Guardian Media Group (GMG) generates 40 percent of its revenue from advertising, so rejecting ads from oil and gas companies would be a financial hit to the organization, the managers said.<\/p>\n\n\n\n<p>\u201cThe funding model for the Guardian \u2013 like most high-quality media companies \u2013 is going to remain precarious over the next few years. It\u2019s true that rejecting some adverts might make our lives a tiny bit tougher in the very short term. Nonetheless, we believe building a more purposeful organisation and remaining financially sustainable have to go hand in hand,\u201d Bateson and Nicklin said. \u00a0<\/p>\n\n\n\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK\u2019s Guardian Bans Ads From Oil, Gas Firms In World\u2019s Media First UK newspaper Guardian\u00a0will not accept\u00a0advertising money from the fossil fuel industry, even if this means a financial hit for the media, making it the world\u2019s first large news organization to ban oil and gas adds. The Guardian has been active in recent years [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[15,512,14603],"class_list":["post-50833","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-advertising","tag-media","tag-tsvetana-paraskova"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50833"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50833\/revisions"}],"predecessor-version":[{"id":50834,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50833\/revisions\/50834"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}