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To adjust the focus of this picture a little closer, just our passenger cars and light trucks contribute to a whopping 58 percent of total transportation emissions, placing our car-centric society in the fossilfuel spotlight. percent in 2021 to about 16 percent in 2050. Since vehicles are the largest sources of PM2.5
Climate Week events highlighted commitments and actions needed from the financial sector and other corporations to support and spur government ambition. Climate Week events highlighted commitments and actions needed from the financial sector and other corporations to support and spur government ambition. As usual, it was a mixed bag.
This year has brought new evidence of what major fossilfuel companies knew and when about the role their products play in climate change, as well as what they did in spite of what they knew. They enable us to strengthen our balance sheet and high grade or diversify our portfolio.
Last week, I joined my colleagues at COP28 in Dubai , as negotiators and civil society push for a fossilfuel phaseout to meet climate goals. The industry is pushing a narrative that misleadingly calls out emissions , not fossilfuels as the problem. Source: IPCC Sixth Assessment Report.
Fossilfuel power plant owners are facing increased accountability for their air and water pollution, including from a new round of environmental and public health protections that are being rolled out by the US Environmental Protection Agency (EPA). We’ve heard these lazily disingenuous narratives before.
Replacing fossilfuels with renewable energy from wind and solar will depend on upgrading the electric power grid, which is currently plagued by planning delays and gridlock. The 2021 law allows, but does not require, PJM to plan ahead because various fossilfuel plants must reduce and then cease emissions by a specific date.
GW record from 2021. And fossilfuel power plants may not stick to their retirement schedules for a variety of reasons. Note: this is adjusted for inflation to 2022 dollars and is based on the amount those plants emitted in 2021, the EIA’s most recent year of finalized data. A bit more on those reasons later.
New analysis from Environmental Defence reveals that despite federal government promises, funding to the fossilfuel and petrochemical industries remains high Ottawa | Traditional, unceded territory of the Algonquin Anishinaabeg People – New analysis released today by Environmental Defence reveals Canada’s federal government provided at least $18.6
When diplomats and government ministers converge on Glasgow this fall, they hope to rekindle pivotal negotiations on global climate that were dampened during the pandemic. Unless fossilfuel use declines steeply and swiftly, it will be necessary to pursue options such as removing carbon from the air or growing crops as a fuel stock.
For years, fossilfuel companies have socialized the costs of their pollution while privatizing the benefits. Since local and state governments are on the frontlines of paying for worsening wildfires, they should also be on the leading edge of holding fossilfuel companies accountable.
An assessment would have given decision-makers and the public a chance to better understand how this project would impact the climate, environment, and Indigenous rights before the government had to make a final decision on whether or not it could go ahead. In September 2021, Minister Wilkinson re-designated the project.
In the United Kingdom, government leaders are hoping to solve two problems with one effort. The UK government has allocated 4 million pounds for a test run of the concept. government scientists just declared as the hottest on record. The post What’s Up With Water — August 16, 2021 appeared first on Circle of Blue.
It also will save US consumers money because they will spend less on fossilfuels. First, decarbonizing the electricity sector mainly with wind and solar to replace coal and fossil gas. Second, replacing fossilfuels with clean electricity in the transportation, building, and industrial sectors. Your thoughts?
The newly autonomous Bangsamoro government has invited investors to pursue drilling projects in a marsh critical for both Indigenous peoples and wildlife. Having gained its status as an autonomous region, the fledgling Bangsamoro government has invited investors to drill under the Liguasan Marsh for fossilfuels.
This move contradicts the federal government’s commitment to the Canadian public about ending the use of public money to fund fossilfuels. The science is clear, we need to stop expanding fossilfuels. We cannot address the climate crisis as long as governments continue to fund its very cause.
As of 2021, 30 emissions trading systems were in force globally, covering 16 – 17 % of global greenhouse gas (GHG) emissions. As a compromise, California law (AB 398) has limited offsets to 4% of compliance obligations for the 2021-2025 period and capped the offsets without in-state benefits that can be utilized for compliance. .
In the United States, government agencies in Hawaii are dealing with a water contamination crisis. Communities rich and poor bore witness to horrific devastation in 2021. federal government declared a first-ever Tier 1 shortage, requiring mandatory water cuts for Arizona and Nevada. Fossilfuel subsidies could be lowered.
Even so, it compares favorably with the national governments in places like the U.S. According to the Energy Information Agency , South Korea’s power sector is heavily reliant on fossilfuels. Actual generation is tilted a bit more toward fossilfuels and nuclear. What is South Korea doing to cut its emissions?
That would be the straw man erected by defenders of the fossilfuel industry who claim that facing climate change is a doctrinaire liberal policy. This year, many on the far-right are attempting to rebrand Environmental, Social and Governance (ESG) investing as “woke capitalism.”
Two-thirds of the G20’s public finance for energy went to fossilfuels in 2019–2020. Subsidies reached new highs in 2021, even before Russia’s invasion of Ukraine, a Climate Transparency analysis finds. In total, 63% of the G20’s public finance for energy went to fossilfuels in 2019–2020. By Catherine Early.
Egypt’s government wants to expand its water supply options, especially for new and growing cities on the Mediterranean coast, which is where the renewable-powered desalination plants would be built. The post What’s Up With Water – August 30, 2021 appeared first on Circle of Blue. The extra water would be welcome.
This new research found that ExxonMobil’s climate projections from its internally developed models accurately projected the temperature rise that has happened since then and that its calculations were in line with independent research produced at the time by academic and government scientists. Let’s dig into what Supran et al.’s
Fossilfuels are the root cause of climate change, of long-standing environmental injustices, and are also frequently connected to geopolitical strife and violent conflicts. Other countries are dependent upon these fossilfuels, they don’t make themselves free of them. This is a fossilfuel war.
In the year since, there have been even more important advances in climate litigation seeking to hold companies and governments accountable for climate harms. Instead of warning the world and transitioning away from fossilfuels, the industry spent the last 50-plus years spreading disinformation and obstructing government action.
A new report released today by Environmental Defence – Buyer Beware: FossilFuel Subsidies and Carbon Capture Fairy Tales in Canada – reveals that despite promises to phase out fossilfuel subsidies, the federal government provided the fossilfuel sector with at least $8.6
Their efforts have paid off: The 27 resolutions demanding increased disclosure that went to a vote in 2021 averaged approximately 40 percent support, according to investment management firm Boston Trust Walden. ExxonMobil also funded the Consumer Energy Alliance , a pro-fracking front group run by PR firms on behalf of fossilfuel companies.
Many of my colleagues have already described the various ways we’ve gotten into this elevated fuel price mess, why doubling down on fossilfuels at this moment is a horrible idea, and why doing so would not improve our current or future economic, geopolitical or environmental problems. How Did We Get Here?
Back then, those contracts were canceled by the Puerto Rican government for failing to improve service and meet minimum performance standards. And their specialization in methane gas means that they have an obvious incentive to promote fossilfuels and not renewables. It is truly crazy.
Both fossilfuel and utility companies bear some responsibility for wildfires’ damage, and must be held accountable to ensure disadvantaged and low-income communities aren’t left to shoulder the costs and impacts of these disasters. Emissions traced to fossilfuel companies, on the other hand, have contributed to 19.8
This assessment wasn’t ExxonMobil’s idea, but was compelled by a successful shareholder resolution that was part of a 2021 investor revolt against the industry’s climate inaction that ultimately displaced several members of ExxonMobil’s Board of Directors.
This may seem like a setback for climate progress in Canada, but it simply underscores the limits of voluntary initiatives and the need for the government to enforce climate-aligned financial regulations. In 2021, at COP26 in Glasgow, Mark Carney helped create the Glasgow Financial Alliance for Net Zero (GFANZ).
The key word here is “ intensity :” Fossilfuel companies often focus on emissions intensity, meaning emissions per barrel of oil, rather than absolute emissions, which is a set number measured in metric tons. That means Exxon still plans to spend the vast majority of its funds on fossilfuel exploration and production.
Minnesotans are already experiencing the climate crisis, as well as health impacts, from burning fossilfuels. The Minnesota House has shown strong leadership in addressing the climate crisis and funding the clean energy transition at the scale necessary to swiftly curb heat-trapping emissions from fossilfuels.
The project was first proposed in 2021, and has already received government subsidies. It should serve as a lesson for governments on how reckless it is to be using taxpayer dollars to subsidize these projects. The decision came despite massive government subsidies. That’s where governments should be investing.
US ratepayers very likely will pay even more for electricity and heating this winter compared to the already-expensive winter of 2021-2022. Between 2015 and 2021, 274 North American oil and gas producers filed for bankruptcy with a debt load of $177 billion. The bankruptcies were set in motion even before 2020.
Thats why Prime Minister Trudeaus 2021 promise to deliver a net-zero electricity grid by 2035 was important. To deliver on this goal, the federal government made important investments in renewable energy projects. To deliver on this goal, the federal government made important investments in renewable energy projects.
They accounted for most of the failed generating capacity in a number of recent extreme weather events, including Winter Storm Uri in 2021 and Winter Storm Elliott in 2022, according to Gas Malfunction , a new Union of Concerned Scientists (UCS) issue brief. VY: They do.
Just like in 2021, a lot of us may be thinking “it was not too bad.” However, 2021 saw the third most active hurricane season since record keeping began in 1851. As we said previously , “Fiona caught Puerto Rico’s government utterly unprepared, leaving the population unprotected. Photo credit: Alicia Race.
A 2021 meta-analysis of over 40 peer-reviewed studies on the subject concluded that “there is no particular type of shopping that has an absolute environmental advantage and it is in no way possible to shop ourselves out of the environmental crisis.” How would that change if I hopped on the electric bus route at the end of my block?
Statement from Julia Levin, Associate Director, National Climate Dubai, UAE – Today at COP28 Canada joined eight other countries in signing a Joint Ministerial Statement on FossilFuel Subsidies , to address inaction on a 14 year old commitment to eliminate fossilfuel subsidies.
Last month, the federal government amended the IAA – and the changes mean that major projects can no longer be rejected based on their climate impacts. A strong project review process is the only way governments can assess the environmental and social impacts of major projects like pipelines, mines, transmission lines and dams.
California’s LCFS is causing problems for other states and the federal government. The LCFS is designed to hold fuel producers accountable for their supply chain emissions The LCFS and related Clean Fuel Standard policies are performance standards for transportation fuel based on lifecycle analysis.
To meet that goal, the International Energy Agency’s Net Zero Roadmap released in 2021 says no new oil and gas supply projects can come online. Companies are spending millions fighting lawsuits that would hold them accountable for the costs that fossilfuel extraction has imposed on people and the planet.
The fossilfuel industry has systematically contaminated our environment with a wide range of toxic chemicals for over a century. Nitrogen and sulfur oxides harm lungs and produce acid rain NOx forms when fossilfuels are burned at high temperatures, as a result of a reaction with the nitrogen in air.
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