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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.
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.
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.
Officials at the state and federal level have launched a full-court press against what the financial industry calls “environmental, social and governance” (ESG) investing. At last half of the bills are based on a template provided by the fossilfuel industry-funded American Legislative Exchange Council. The short answer is no.
The image that comes to mind when I think of fossilfuel villains is Batman’s adversary Two-Face. To be two-faced is to be deceitful, and deception is what the fossilfuel industry executives excel in. What is ESG? ” Kentucky officials are not doing this alone, it is part of a coordinated effort.
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.
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.
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. .
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.”
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?
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.
If honored, this commitment will likely unseat Canada as the worst-ranking in the G20 for international public financing to the fossilfuel sector. . This means while EDC’s overall fossilfuel support was CAD 13.6 Shifting public finance for energy out of all fossilfuels and into clean energy is an urgent task.
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).
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.
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
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.
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.
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.
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.
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.
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.
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.
For decades the fossilfuel lobby has masterfully weakened, derailed, and outright blocked government climate policy. The fossilfuel lobby meddles with Canadian politics and inserts itself into international climate change politics and diplomacy. We need governments to regulate industry.
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.
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.
A taxonomy is supposed to clear up greenwashing, but including fossilfuels like ‘natural’ gas under a sustainable finance taxonomy would muddy the waters rather than clarify them. To advance a climate aligned financial system, fossilfuels like ‘natural’ gas should not be included under a Canadian sustainable finance label.”
Federal government releases new policy aimed at ending international public financing for fossilfuels, next step is ending domestic financing . The Government of Canada estimates that this policy will redirect $2.5 billion in fossil financing towards accelerating the urgent implementation of climate goals.
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.
For more than a century, the United States has recognized this, and maintaining roads and bridges has been a core function of federal, state, and local governments. The federal government embraced a role in supporting transit in the 1970s, but this was cut back for the past 40 years and didn’t rebound until the pandemic.
Germany that the federal government must adopt an immediate action program (‘Sofortprogramm’) under the Federal Climate Change Act (CCA). Unlike in the 2021 landmark ruling in Neubauer et al. Moreover, the case illustrates how contested some elements of Germany’s climate transformation have been since the 2021 Neubauer decision.
Statement by Emilia Belliveau, Energy Transition Program Manager Ottawa | Traditional, unceded territory of the Algonquin Anishinaabeg People – At today’s Parliamentary Standing Committee on Environment and Sustainable Development (ENVI), Members of Parliament grilled the fossilfuel industry about their climate pollution. Jun 6, 2024.
Ottawa | Traditional, unceded territory of the Algonquin Anishinaabeg People – Ministers Chrystia Freeland and Mary Ng have just approved a giant new fossilfuel subsidy: a $10 billion loan guarantee for the Trans Mountain pipeline. It’s another broken promise from a government that committed to end fossilfuel subsidies.
The energy analysts found that despite all the efforts to curb emissions, in 2021 global energy-related CO2 emissions rose to their highest ever level as the lockdowns put in place by many governments due to the pandemic were eased. IEA said that in 2021 alone China’s CO2 emissions rose above 11.9 billion tonnes. billion tonnes.
Starting in 2017, cities, counties, and states across the United States have filed claims (see here and here ) in state courts against fossilfuel companies seeking redress for the climate harms their products have caused. By Korey Silverman-Roati. Background. Many of these cases asserted nuisance and other tort law claims.
In November 2021, Prime Minster Modi announced in Glasgow that India would get half its energy from renewables by 2030 as well as significantly cutting its emissions. Prior to Glasgow, the NRDC had concluded that India was on track to meet its previous commitment to have 40% non-fossilfuel power generation by 2030.
Perhaps not surprisingly, these are the very same companies leading a coalition that filed a shocking lawsuit against the federal government last week suing them for taking action to tackle plastic pollution. Big Plastic wants to stop the federal government from regulating plastics under the Canadian Environmental Protection Act (CEPA).
Coal mine reclamation has become a flashpoint in the partisan divide over fossilfuel use. The issue boils down to the fact that the government is not collecting enough money to pay for cleanup. . With a fossilfuel-friendly Republican party, that is proving to be a harder political sell.
How we do this, and how well it happens, depends on planning and collaboration across local, state and federal government. Smaller, decentralized growth in electric heat pumps for buildings, and electric transportation replacing fossilfuels also require more access to electricity and a modern grid.
.” This is done through a system known as a taxonomy, whereby labels would make it easier for investors to know which investments are good for the climate In 2021, the Government of Canada decided to start creating its own system, and it made an advisory council to help. We need to get our voices heard too.
Data reported by the World Bank show that prices for two key fertilizers spiked dramatically between April 2021 and April 2022: diammonium phosphate prices went up 75 percent and potash prices rose a staggering 178 percent. The price of urea also surpassed its previous recorded spike in 2008 by approximately 18 percent.
So, what if all parties – government, private sector, environmental groups, the public more broadly -actually made difficult choices and compromises, sometimes even involving important principles, in the face of dire consequences. To be blunt, in a world at great risk from the burning of fossilfuels, this is bordering on insanity.
Photo credit: Government of British Columbia Yes, taking action to mitigate and adapt to climate change requires spending now. We need big investments in the energy transition from polluting fossilfuels to clean renewable energy. trillion per year by 2050. It’s more than just the direct cost of climate disasters though.
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