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Ask a Scientist: What’s Up With the Attack on ESG Investing?

Union of Concerned Scientists

Since the summer of 2021, five Republican-controlled state legislatures have passed bills banning their state governments from doing business with financial institutions that they allege have divested from fossil fuel companies as a result of ESG investment policies. Another six statehouses are considering similar bills.

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Emissions by the Big Utilities: Where They Are, What They’re Aiming For

Legal Planet

It turns out that most of them are 50-60% reliant on fossil fuels, with a lot of the remainder coming from nuclear and hydro. This table shows how much power is generated from fossil fuels by the top ten utilities (ranked by market value). There was more fuel oil in use in some places than I expected. Carbon Goal.

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North Carolina’s New Climate Legislation

Legal Planet

Like the Illinois law, the North Carolina law enjoyed broad bipartisan support. North Carolina today gets over half of its power from fossil fuels, about 25% from coal and 33% from natural gas. The North Carolina legislature is under firm Republican.

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The Supreme Court’s Latest Decision Is a Blow to Stopping Climate Change

Union of Concerned Scientists

The majority 6–3 decision sharply curtails the EPA’s authority to set standards based on a broad range of flexible options to cut carbon emissions from the power sector—options such as replacing polluting fossil fuels with cheap and widely available wind and solar power coupled with battery storage.

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Has Gasoline Use in California Peaked?

Union of Concerned Scientists

Despite adding six million more passenger cars, trucks, and SUVs to the roads over the last 10 years, California’s gasoline consumption has dropped over two billion gallons from its peak in 2005. Switching from fossil fuels like gasoline to increasingly clean electricity sources is vital for hitting climate and air pollution goals.

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States Can Plan Ahead for Clean Energy

Union of Concerned Scientists

However, great opportunities for more new clean energy supplies to replace fossil fuel energy need supporting grid investments. State laws and practices manage the grid as a monopoly and regulate the siting and construction of new transmission. Where do we go for that modern infrastructure?

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The EIA Just Released a 30 Year Energy Outlook. It’s… Not Great

Union of Concerned Scientists

This is in total opposition to the US commitment under the Paris Agreement to achieve a 50-52 percent emissions reduction below 2005 levels by 2030, and net-zero by 2050. This year’s projections are a bit grim. We’re risking more impacts from climate change due to continued reliance on natural gas and oil.