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Does it finance coal or wind power, deforestation or ecological recovery? Follow the money. Whatever politicians promise, what matters is where investment goes.
The Substitution Effect: Could Reducing FossilFuel Sales Truly Have No Impact? The Court acknowledged Shell’s significant duty of care in mitigating climate change, given its century-long dominance in the fossilfuel market. By Shekhar Pathak Climate change is an extremely complex and difficult issue.
The term “fossilfuels”, however, is mentioned 16 times. It’s indeed true that emissions must go down, but we also must explicitly acknowledge that we need to reduce our dependence on coal, oil and gas (“fossilfuels”). Coal, on the other hand, is only mentioned once in connection with methane emissions.
Mexico’s climate commitment for 2030 under the Paris Agreement calls for cutting emissions 22%, cutting black carbon by half, and achieving net-zero deforestation. AMLO has come under criticism for his commitment to fossilfuel production and refining in Mexico.
Other tipping points include the sudden transition of the Sahara Desert into a wet climate zone and the Amazon Rainforest losing its ability to retain water due to deforestation. The report stated unequivocally, for the first time, that climate change is occurring due to “human influence,” namely the burning of fossilfuels and deforestation.
This is drawing bio-based diesel fuel out of other states and putting California and federal fuel policies into a vicious cycle that is contributing to ever more unsustainable and expensive fuel policies. California may seem like an unlikely driver of deforestation from soybean and palm oil biofuels.
climate conference in Glasgow: on coal, finance, methane and deforestation. by Jeff Nesbit, Yale University There were four big announcements during the first week of COP26, the U.N.
Tropical deforestation is estimated to cause more climate warming emissions than the global transportation sector , and deforestation rates have increased despite the COVID-19 pandemic. Find more information on the 12 th Annual Meeting of the GCF Task Force here. Background on the GCF Task Force.
Here’s Part 1 ) Estimates vary, but California, the US, and the world will need a lot of new solar and energy storage facilities and a lot of land to put them on.
The report stated unequivocally, for the first time, that climate change is occurring due to “human influence,” namely the burning of fossilfuels and deforestation. The report shows that certain trends such as rising seas and shrinking ice sheets will continue even if carbon pollution is halted immediately.
For the AMOC (and other climate tipping points ), the only action we can take to minimise the risk is to get out of fossilfuels and stop deforestation as fast as possible. In 2022, the G20 governments alone subsidised fossilfuel use with 1.4 In 2022, the G20 governments alone subsidised fossilfuel use with 1.4
This is a pretty clear illustration of how sea level starts to rise slowly; but in the long run, sea-level rise caused by fossil-fuel burning and deforestation in our generation could literally go off the chart and inundate many coastal cities and wipe entire island nations off the map. But first things first.
Chinese emissions to peak in 2024 Offshore wind to stabilise with installations across the world starting to pickup Significant scientific breakthroughs in solar PV New nature, biodiversity and rewilding projects announced More land onshore and offshore given protection status Making progress on halting deforestation The production of fossilfuels (..)
Biodiesel and renewable diesel are closely related fuels made from the same oils and fats, which remain scarce, expensive, and linked to deforestation and food price spikes. Many are oil refineries being converted from fossilfuel production to renewable fuel production.
decrease in global forest biocapacity due in large part to the spike in Amazon deforestation. million hectares of forest were lost in 2020 and estimates for 2021 indicate up to 43% year-over-year increase in deforestation. from last year as the economic recovery from the pandemic ignites demand for fossilfuels.
What matter most is ending fossilfuels , and breaking the power of the corporations that keep us addicted to them. Never shy of an unpopular opinion, the book dismisses a whole host of pet ideas and argues for a laser-like focus on fossilfuels and corporate power. “We Sometimes this leads to a contradiction.
They added that due to the increase in climate-friendly policies and laws we have seen enhanced energy efficiency, reduced deforestation rates and accelerated the deployment of renewable energy. They pointed to the fact that since 2010 the cost of solar, wind and battery technology has decreased by up to 85%.
In addition, there have also been concerns expressed that NGO’s and civil society were being sidelined during the talks, while the fossilfuel industry was given crucial access. Inside the world leaders are hailing what they call momentous breakthroughs in ambition and progress on halting deforestation and eliminating coal.
My partner and I have long questioned whether it was right to bring a child into the world in the middle of the climate crisis , grappling with whether or not it’s fair to bring her into a future of ferocious wildfires across multiple ecosystems, escalating deforestation, devastating floods, melting ice caps, crippling droughts, locust storms, etc.
President Gustavo Petro, who has been in power since August last year, has pledged to lead an ambitious green agenda focused on reduced deforestation , a transition away from fossilfuels and protection of water resources. By 2026 it wants to reforest an area of 750,000 hectares.
It argues that the mine is a domestic source of minerals needed for batteries and other non-fossilfuel energy. Such activities could include water pollution from illegal gold mining, deforestation, and drug cultivation. Public comments are being accepted through July 5. Three public hearings will be held in June.
Sent up by universities, governments and start-ups, they do everything from monitoring deforestation to tracking radio-tagged endangered animals. Of course, there is an environmental cost to space, with most launches relying on fossilfuels. They typically last for no more than five years, burning up when done.
Industrial food systems are responsible for one-third of greenhouse gas emissions and are a key driver of deforestation and biodiversity loss , threatening more than 85 percent of the 28,000 species at risk of extinction. Posted on December 23, 2022 by Smita Narula. Image by Charles Echer from Pixabay.
The comprehensive report leaves no one in doubt that every corner of the Earth is now impacted by climate change , the change caused by the burning of fossilfuels and other human activities. Unprecedented. It finds that many of the changes observed in the climate are unprecedented in thousands if not hundreds of thousands of years.
Apocalypse Never contains chapters on climate change, deforestation, species extinction, plastic waste, meat, nuclear, renewables, fossilfuels, poverty, and much more. Dear Friends, I am happy to announce that on June 30, HarperCollins will publish my new book, Apocalypse Never.
The alarm bells are deafening,” he warned, “and the evidence is irrefutable: greenhouse-gas emissions from fossil-fuel burning and deforestation are choking our planet and putting billions of people at immediate risk.”.
Governmental policies established as a result of commitments made in the Kyoto Protocol and the Paris Agreement have already successfully prevented the emissions of several Gigatons of CO 2 , targeting deforestation, energy efficiency, new technology deployment, and carbon accounting as their main mitigation efforts.
The deforestation accord is especially encouraging because it has so many side benefits. Will countries agree to make serious new cuts in their carbon emissions from fossilfuel burning? countries agreeing to limit fossilfuel CO2 emissions) are obviously absolutely critical to staving off climate disaster for the planet.
Both solar PV and wind are now cost competitive with fossilfuels. I am confident that switching from fossilfuels to renewables (and efficiency , as I learned during my Master’s thesis in 2006) can be done relatively fast in wealthy nations (ten to fifteen years) and by mid-century in developing ones.
From 2000 to 2015, Indonesia lost an average of 498,000 hectares of forest annually, making it the world’s second-largest driver of deforestation after Brazil. C, for example, by continuing to approve new fossilfuel projects. The human rights complaint.
The increasing concentration of these gases is undoubtedly due to human activities, including the combustion of fossilfuels, industrial processes, deforestation, and destructive agricultural practices. But let’s not forget… the need for urgent and dramatic reductions in fossilfuel emissions is paramount.
Despite the worldwide mobilisation towards the adoption of renewable energy, the Brazilian government continues to promote the use of coal, the most polluting fossilfuel. The Bolsonaro government’s new coal plans face barriers to funding and worsen the country’s already worn-out image at COP26. But Brazil did not sign the agreement.
But this announcement was seemingly at odds with another made just three days earlier, when coal minister Pralhad Joshi confirmed that India intends to increase production for the fossilfuel. Fossilfuels remain necessary”, Jairaj says. These updates mean India is well on its way to fulfilling its NDCs.
Simply switching from fossilfuels to renewables for our electricity and converting our fossilfuels cars to electric ones won’t cut it. Wealthy nations have massive meat consumptions and this is a serious problem for biodiversity and deforestation. Indeed, our entire systems -ie.
The original NDC considered an unrealistic 5% GDP growth and an energy growth based entirely on fossilfuels – which is extremely unlikely in a country with a significant representation of clean energy. This financial instrument is essential to controlling deforestation in Amazonia. Brazil (on deforestation and human rights ).
Corruption is a widespread and deeply rooted phenomenon, especially in multimillion-dollar industries such as fossilfuels and extractivism. In Peru, a group of young people sued the government for failing to formulate and execute a national policy and plan to curb deforestation in the Peruvian Amazon ( Álvarez et al.
This fertilizer can help local agriculture become more sustainable and less fossil-fuel-dependent. Over the last few decades China has installed 30 million small biodigesters to help rural populations deal with energy poverty, deforestation, and healthcare. Anaerobic digestion also produces massive amounts of digestate.
Right in the middle of Danger Season , we are going through a period of unprecedented global extreme temperatures driven by fossil-fueled climate change. It didn’t have to be like this The fossilfuel industry and its enablers are most to blame for the rising temperatures and increasing frequency and severity of heatwaves.
Oil India Limited (OIL), a government-owned fossilfuel exploration and production company is rebuilding one pipeline and constructing three from scratch as it seeks to expand production. Four oil and gas pipelines being laid through protected forests in Assam could be “disastrous” for wildlife, environmentalists have told me.
A 2022 Rainforest Action Network repor t found that “fossilfuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in fossilfuel financing in 2021 alone.” The biggest US bank investors in fossilfuels? “At
Next time: ending deforestation. Here’s Part 1 , Part 2 , and Part 3 ). But we need action across all methane sectors and an institutional commitment among jurisdictions around the world. The climate change emergency response need not be frantic, at least not until climate change impacts become even more acute.
On the contrary, investing in carbon capture delays the needed transition away from fossilfuels and other combustible energy sources. Here’s Part 1 and Part 2 ).
This has given a much-needed boost to the drive to wean the world off fossilfuels and transition to renewable energy. The Ukraine conflict has dramatically underlined the imperative to shift to cleaner energy sources, not just to reduce emissions, but to dilute the influence of oil and gas on geopolitics.
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