Lightnews — Scholar-powered news

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 5h

Citation = Llavero-Pasquina, M., Bontempi, A. Oil and gas industry’s marginal share of global renewable energy. Nat Sustain (2025) doi.org/10.1038/s418...

#beneficialownership #opendata #openstandards #renewables
#energytransition

Oil and gas industry’s marginal share of global renewable energy - Nature Sustainability

The decarbonization of oil and gas companies may not be as speedy or robust as advertised. This analysis finds that renewable energies make up just a minor fraction of the total energy production by the biggest companies globally.

doi.org

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 5h

Article covers a paper where researchers used corporate ownership records of more than 53,000 wind, solar, hydroelectric and geothermal projects worldwide - as tracked by the team at @globalenergymon.bsky.social - to see what proportion of them were owned by world’s 250 biggest oil and gas companies

1

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 5h

"Leading oil and gas companies own less than 1.5 per cent of the world’s renewable power capacity – raising questions about how committed they are to the green energy transition" - @stokel.bsky.social for @newscientist.com www.newscientist.com/article/2499...

Top 250 oil and gas firms own just 1.5% of the world's renewable power

Despite public promises by many fossil fuel firms that they are investing in the green transition, it turns out that they have made little contribution to the growth of renewable energy

www.newscientist.com

1 1

Reposted by Stephen Abbott Pugh

Cat Neilan @catneilan.bsky.social · 12h

Days after we revealed that it had been months since Farage last updated his register, he has done so - adding £190,000 worth of earnings going back as far as early May in some cases

The update is registered 3rd Oct - the day we went to his team for a right of reply

Cat Neilan @catneilan.bsky.social · 5d

Exclusive: Nigel Farage has not updated his register since May, despite continuing to present his GB News show, record Cameo videos and being a verified X user

Qus are now being asked about the non-registration of his shareholding in GB parent co All Perspectives

observer.co.uk/news/politic...

‘Nine-jobs Nigel’ Farage denies not declaring extra earni...

Roles outside Parliament make Reform leader the highest-earning MP, but register of interests has not been updated since end of May

observer.co.uk

2 30 68

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 10h

"As of June 2025, the EU currently hosts 47,732 companies with more than 40% Russian ownership, an increase of almost 560 companies since July 2024" - Moody's data uncovering how Russian ownership of EU entities is evolving over time www.moodys.com/web/en/us/in... #beneficialownership

Reposted by Stephen Abbott Pugh

Government Accountability Project @govacctproj.bsky.social · 1d

New investigation by Zach Kopplin exposes how the ruling Barzani family of Iraqi Kurdistan funneled millions into U.S. mansions and luxury assets through secretive conglomerates. 💸

Organized Crime and Corruption Reporting Project @occrp.org · 1d

Mansions, Horses, and Designer Bags: How the Ruling Family of Iraqi Kurdistan Splurged in the U.S.

www.occrp.org/en/investiga...

Mansions, Horses, and Designer Bags: How the Ruling Family of Iraqi Kurdistan Splurged in the U.S.

The five sons of Iraqi Kurdistan’s founding president acquired real estate across the United States and went on luxury shopping sprees. At least some of the money came from major Kurdish conglomerates...

www.occrp.org

1 4 6

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 13h

Final text has been released of Switzerland's (watered down but approved) legislation to update its federal anti-money laundering law and to create a national beneficial ownership register www.fedlex.admin.ch/eli/fga/2025...

Background docs: www.parlament.ch/FR/ratsbetri...

Fedlex

www.fedlex.admin.ch

Reposted by Stephen Abbott Pugh

Gregor Semieniuk @gregorsemieniuk.bsky.social · 1d

🚨NEW PAPER🚨
We all know the 2022 energy price shock fueled the cost of living crisis. It also caused a profit bonanza for the very rich. We show the US reaped the largest profits ($377bn) of any country. 50% went to the richest 1%, only 1% to the bottom 50%. A🧵 www.sciencedirect.com/science/arti...

River or sankey diagram showing the allocation of profits from global oil and gas companies to quantiles of the US wealth size distribution via financial system intermediaries, such as asset managers, and categories of ultimate beneficiaries, such as business owners, pension funds and shareholders in listed companies. The scale is hundreds of billions of US dollars, and ultimately 50.4% of profits reaching the US personal wealth distribution go to the richest 1% of households.

8 180 310

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

Bermuda's Registrar of Companies is hosting three October webinars in the run-up to unveiling the territory's updated beneficial ownership register and to raise awareness about the recently passed Beneficial Ownership Act 2025

www.gov.bm/articles/imp...

#beneficialownership

Implementation of the Beneficial Ownership Act 2025 ~ Next Steps | Government of Bermuda

Today the Registrar of Companies (RoC) issued the following advisory to relevant stakeholder service providers regarding the Beneficial Ownership Act 2025 (the “Act”). As a reminder the legislation ha...

www.gov.bm

2

Reposted by Stephen Abbott Pugh

Alice Hancock @alicemhancock.bsky.social · 1d

The US has come back to the EU with even more demands that it water down its green rules, particularly targetting the landmark due diligence law and sustainability reporting rules.

www.ft.com/content/678f... with @henryjfoy.ft.com @andybounds.bsky.social

US demands EU dismantle green regulations in threat to trade deal

Washington wants American companies to be exempted from rules such as having to draw up climate transition plans

www.ft.com

1 6 5

Reposted by Stephen Abbott Pugh

Henry Foy @henryjfoy.ft.com · 1d

Washington has asked Brussels to scrap requirements for non-EU companies to provide “climate transition plans” and to change supply chain legislation to exclude US companies “with high-quality corporate due diligence”, according to a document seen by @financialtimes.com

on.ft.com/46Ijpye

US demands EU dismantle green regulations in threat to trade deal

[FREE TO READ] Washington wants American companies to be exempted from rules such as having to draw up climate transition plans

on.ft.com

14 51 60

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

If your organisation is eager to help drive greater transparency, efficiency and trust across data ecosystems by joining #GODIN – or if you have ideas for open-source scripts that could bring value to the public – reach out via email: [email protected]

#LEI #openstandards #opendata #interoperability

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

And highlights the latest GODIN collaboration where GLEIF's data science team worked with the @opendataservices.coop team to publish a Jupyter notebook revealing how existing LEI mappings can be used to generate real-world insights github.com/Global-Open-...

Global Open Data Integration Network

The Global Open Data Integration Network (GODIN) is a collaborative effort to enhance global data interoperability and accessibility - Global Open Data Integration Network

github.com

1

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

The post talks about the Global Open Data Integration Network (GODIN), an initiative launched by GLEIF and @openownership.bsky.social to be "a catalyst for innovation, allowing organisations, regulators, and developers to collaborate on a shared foundation of reliable information" godin.gleif.org

GODIN

godin.gleif.org

1

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

New blog post from the Global Legal Entity Identifier Foundation (GLEIF) showcases the network of identifiers that the Legal Entity Identifier (LEI) is mapped in order to enable seamless interoperability between data from different systems and jurisdictions www.gleif.org/en/newsroom/...

Transforming Data into Opportunities: Metric of the Month – Mapping Network - GLEIF Blog - News & Media – GLEIF

In an increasingly interconnected global economy, the ability for organizations to trust and use data effectively is the foundation for innovation, growth,…

www.gleif.org

1

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

"In an increasingly interconnected global economy, the ability for organisations to trust and use data effectively is the foundation for innovation, growth, and competitiveness"

www.gleif.org/en/newsroom/...

#LEI #openstandards #opendata #GODIN #interoperability #datastandards

1 1 1

Reposted by Stephen Abbott Pugh

Ursula von der Leyen @vonderleyen.ec.europa.eu · 1d

Make no mistake.

The recent incursions in our skies are part of a pattern of growing threats.

It’s time to call it by its name.
This is hybrid warfare.

Europe must get the capacity to respond and protect our skies.

Work has begun.

→ link.europa.eu/4Fxrqr

71 250 900

Reposted by Stephen Abbott Pugh

Henry Foy @henryjfoy.ft.com · 1d

Since Feb 2022, the Belgian govt has earned billions of tax from Russian assets held at Brussels-based Euroclear

Now the EU wants to loan the cash to Ukraine to save it from bankruptcy, Belgium is resisting & demanding allies put money aside to cover it

That's not gone down well

on.ft.com/3IORCD2

EU pressure builds on Belgium to allow use of Russia’s frozen assets

[FREE TO READ] Belgian Prime Minister Bart De Wever insists other capitals should cover financial and legal risks of €140bn loan

on.ft.com

1 4 10

Reposted by Stephen Abbott Pugh

OpenSanctions @opensanctions.org · Jun 9

Weaving politician metadata with LLMs: PoliLoom aims to extract & enrich Wikidata entries for politicians via OpenAI’s structured data API. Explore schema, multilingual handling & conflict resolution.

Want to learn more? Join the conversation in our forum and share your thoughts!

PoliLoom – Loom for weaving politician's data

PoliLoom Hey there OpenSanctions community! I’m Johan. Friedrich asked me to have a go at some data extraction, and share the development process here, so let’s dive into it together. We’re about to ...

discuss.opensanctions.org

1 6

Reposted by Stephen Abbott Pugh

Global Energy Monitor @globalenergymon.bsky.social · 7d

Who really owns 🇦🇺 ’s fossil fuel projects?

A new GEM analysis shows nominee branches of JP Morgan, Citibank & HSBC are listed as shareholders for 50+ coal, oil & gas projects obscuring project ownership.

+ emitting as much CO₂ as 4.4M Australian households.

2 3

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

From data to insights: Entity-resolved knowledge graphs with Kuzu & Senzing

Blog post: blog.kuzudb.com/post/entity-...

Github repository: github.com/kuzudb/entit...

#beneficialownership #openstandards #opendata #sanctions #knowledgegraphs #entityresolution #UBO #AML #EntityResolvedKnowledgeGraphs

From data to insights: Entity-resolved knowledge graphs with Kuzu & Senzing

Walkthrough of using Kuzu with Senzing, an entity resolution engine, to combine data from Open Ownership and OpenSanctions to uncover financial crimes

blog.kuzudb.com

1 1

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

Great to see @pacoid.bsky.social and Prashanth Rao will be at Connected Data London next month doing a masterclass on high-quality knowledge graphs leveraging @openownership.bsky.social and @opensanctions.org data and Senzing / Kuzu technology

Event page: 2025.connected-data.london/talks/combin...

Connected Data London 2025

A Talk by Paco Nathan & Prashanth Rao

2025.connected-data.london

1 1 3

Stephen Abbott Pugh @stephenabbottpugh.bsky.social · 1d

Congratulations!

1

Reposted by Stephen Abbott Pugh

David Dayen @ddayen.bsky.social · 2d

It got almost no attention but six months ago Treasury Secretary Scott Bessent ditched the beneficial ownership rules that facilitate tax evasion and oligarchy by simply choosing to not enforce them. Bob Kuttner has that story.
prospect.org/economy/2025...

How Scott Bessent Enables Oligarchy

The Treasury secretary has gutted the most important anti-corruption reform legislation in a generation—the 2020 Corporate Transparency Act.

prospect.org

1 36 66

Reposted by Stephen Abbott Pugh

Casey Michel @cjcmichel.bsky.social · 2d

Decades ago, a man named Ivy Lee jump-started the foreign lobbying industry, whitewashing the Nazis, Soviets, and Mussolini.

Nearly a century later, the industry is unlike anything we've ever seen—all of it thanks to the White House.

My latest at @thenation.com:

www.thenation.com/article/poli...

Trump Opens the White House Doors to Foreign Regimes and Their Dirty Money

Lobbyists for foreign countries have long helped other governments influence US policy, but nothing compares to the brazen corruption of the second administration of Trump.

www.thenation.com

1 13 22