article thumbnail

Five Grid Plans to Cut Fossil Fuel Dependence

Union of Concerned Scientists

Replacing fossil fuels 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 fossil fuel plants must reduce and then cease emissions by a specific date.

article thumbnail

$18 billion to fossil fuels: Breaking Down the Numbers

Enviromental Defense

Last spring, we released a report – Paying Polluters: Federal Financial Support to Oil and Gas in 2020 – that revealed the federal government announced a minimum of nearly $18 billion to the oil and gas sector in 2020. billion in 2020 through CEWS. This measure resulted in $20 million in foregone revenue in 2020.

Insiders

Sign Up for our Newsletter

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

article thumbnail

COP28 Global Methane Pledge Efforts Still Not Enough

Union of Concerned Scientists

The pledge is a voluntary agreement to reduce global methane emissions by 30 percent below 2020 levels by 2030; however, methane levels keep going up and we are woefully off track for meeting this goal. Their use of these tactics underlie the calls to hold both the fossil fuel and meat and dairy industries accountable for their actions.

article thumbnail

RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

In order to steer investment toward environmentally sustainable activities, the European Union launched the Taxonomy Regulation framework to define activities deemed sustainable. Notably, in the same proposal, the Commission has also included screening criteria for gaseous fossil fuels. 31 1(a)).

article thumbnail

ExxonMobil Shows Its Lobbying Hand, But Hides Some Cards

Union of Concerned Scientists

Now the reports driven by these resolutions are beginning to roll in, and while they certainly provide some insight into the fossil fuel industry’s investment in political influence, a sleight of hand is preventing investors from seeing the companies’ full strategy. ExxonMobil Names Names. The organization received between $2.5

article thumbnail

Our Overdependence on Methane Gas is Costly: We Need Policymakers to Pass Clean Energy Legislation Now 

Union of Concerned Scientists

Many of my colleagues have already described the various ways we’ve gotten into this elevated fuel price mess, why doubling down on fossil fuels 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?

article thumbnail

Guest Essay: My Hometown Shows The Benefits Of The Fossil Fuel Industry Come At A Tremendous Cost - Gov. Shapiro, Let's Hold Them Accountable - Support The Regional Greenhouse Gas Initiative

PA Environment Daily

According to 2020 polling , 72% of all Pennsylvanians supporting RGGI, particularly because RGGI will benefit their commonwealth by creating thousands of family-sustaining jobs and ensuring a safe and healthy future for generations to come. And they aren’t alone.