Remove 2023 Remove Fossil Fuels Remove Politics
article thumbnail

Fossil Fuel Companies Make Billions in Profit as We Suffer Billions in Losses: 2024 Edition

Union of Concerned Scientists

Above: Lahaina, Hawai’i after the devastating August 2023 wildfire that killed more than 100 people and destroyed 2,700 homes. Last year, I wrote that fossil fuel companies made billions of dollars in profit during 2022 as people around the world suffered billions of dollars in damage from climate and weather related disasters.

article thumbnail

Good News—and Bad—about Fossil Fuel Power Plants in 2023 

Union of Concerned Scientists

Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). Compiled by UCS from Energy Information Administration data as of January 2023. The general outlook includes some good news and some bad news.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is the Canada Growth Fund Just a Fossil Fuel Slush Fund?

Enviromental Defense

Earlier this month at COP28 countries committed to transitioning off of fossil fuels and massively scaling up renewable energy instead. So you’re excused if, like me, you’re baffled by Minister Freeland’s first move in the wake of COP28: a giant new fossil fuel subsidy, via the new Canada Growth Fund.

article thumbnail

Danger Season in South America: Climate Change Brings Unbelievable Record Heat

Union of Concerned Scientists

Another study , released in 2023, found that the ongoing heatwave has exacerbated the effects of a catastrophic , multi-year drought that has been affecting the broader region. By holding these companies accountable, we would finally stand a chance to get off of fossil fuels the way we need to and limit how bad danger season will get.

article thumbnail

ExxonMobil Accurately Projected Rising Temperatures While Publicly Disparaging Climate Science

Union of Concerned Scientists

This methodology is similar to my own work combining climate science, political science, and history to reconstruct how UN climate negotiations have played out and what that implies for climate justice. 2023 ) 2) ExxonMobil produced quality science internally, but cast doubt on it publicly ExxonMobil was producing quality science.

article thumbnail

LA’s big step toward building electrification

Legal Planet

This means that, with few exceptions, new buildings will need to exclusively use electric appliances, and will not be allowed to contain any fossil-fuel infrastructure, like natural-gas lines. It’s made an excellent start, let’s hope that it keeps it up in 2023. All-electric as the new normal. Download as PDF.

article thumbnail

Sen. Bartolotta, Sen. Yaw Announce Bill To Withhold Gas Drilling Impact Fees To Municipalities That Set More Protective Standards On Natural Gas Development Than State Law, And While There Is a Legal Challenge To Local Restrictions

PA Environment Daily

In October 2023, Sen. Yaw announced the introduction of legislation prohibiting the distribution of Act 13 impact fees to any county “that is actively suing over fossil fuel use.” In 2023, Cecil Township received $317,453.25 Read more here. Read more here. Although not yet introduced, Sen. Read more here.