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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.

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Banks Continue to Prop Up the Fossil Fuel Industry

Union of Concerned Scientists

Last month, the British-based Bureau of Investigative Journalism (TBIJ) reported that London-based HSBC, one of the world’s top-10 biggest banks, has helped raise $47 billion for the fossil fuel industry since its 2022 announcement that it would not finance new gas and oil infrastructure. degrees Celsius, or 2.7

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An A to Z of Fossil Fuel Industry Deception

Union of Concerned Scientists

This year has brought new evidence of what major fossil fuel 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. The House Oversight Committee investigation came to the same conclusion as the 2022 study: Accusations of greenwashing appear well-founded.

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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.

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Sen. Yaw To Introduce Bill To Punish Counties That Seek To Protect Their Residents From Impacts Of Natural Gas Thru Lawsuits

PA Environment Daily

Gene Yaw (R-Lycoming) is circulating a cosponsor memo announcing he plans to introduce legislation to prohibit the distribution of Act 13 Impact Fees to any county “that is actively suing over fossil fuel use.” “It No Stranger To Trying To Punish Counties For Gas Industry In 2022, Sen. The gas industry-- via Sen.

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Fossil fuel company wants to expand gas pipeline in Northeast

Corp Watch

Fossil fuel company wants to expand gas pipeline in Northeast Connecticut Public PaulaR Tue, 09/26/2023 - 17:34 Monday, September 25, 2023 Read more Miriam Wasser At a time when many states in the Northeast are actively trying to reduce their dependence on fossil fuels to help fight climate change, the company that owns a major natural gas pipeline (..)

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Fresh, April 4, 2023: Canadian Government Pledges Increased Funding for Great Lakes

Circle of Blue

April 4, 2023 Fresh is a biweekly newsletter from Circle of Blue that unpacks the biggest international, state, and local policy news stories facing the Great Lakes region today. The legislation prioritizes environmental conservation, countering the state’s fossil fuel boom.