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$18 billion to fossil fuels: Breaking Down the Numbers

Enviromental Defense

million for other categories of support to fossil fuels. Whether through paying companies to improve their operations or by paying for the development of new ‘clean tech’ for the oil and gas industry, the public should not be on the hook for lowering the emissions from the fossil fuel sector.

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Tornadoes and More: What Spring Can Bring to the Power Grid 

Union of Concerned Scientists

Fuel transport – Spring floods can hinder the transportation of fuels like coal. While it is a heavily polluting fossil fuel that is set to continue declining as a fuel source for US electricity generation over the next decade, coal still accounted for roughly 20 percent of the country’s generation in 2022.

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5 Powerful Facts for Global Wind Day

Union of Concerned Scientists

In 2021, 9 percent of US electricity came from those graceful kinetic sculptures, up from less than 3 percent in 2011. Wind power is now cheaper than fossil fuels—even existing coal plants—in many parts of the country. Even more important, though, wind is an impressive piece of our electricity supply. J Rogers/UCS.

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Climate Reality vs. Public Perception: Will Toxic Haze and the 2023 Danger Season Make a Difference?

Union of Concerned Scientists

Disinformation dulls urgency Climate change denial and skepticism is a key feature of the deep political divide in this nation, fueled by long-running and coordinated campaigns of disinformation , often funded by fossil fuel interests. This has got nothing to do with climate.This is not because of fossil fuels.”

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

Environmental Progress

Notably, in the same proposal, the Commission has also included screening criteria for gaseous fossil fuels. The Regulation sets a time limit on the inclusion of nuclear energy but not on fossil fuels and grants the Commission special powers to rule on nuclear taxonomy compliance.

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Sustainable Finance 101: The Impact of Climate Change on Your Money

Enviromental Defense

For instance, mortgages are connected to homes, while fossil fuel finance is tied to infrastructure like pipelines, oil wells, and the reserves still in the ground. Up to $4 trillion of fossil fuel assets are at risk of being stranded, with $100bn at risk in Canada by 2036. However, Canada is falling behind.

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How Gas Plants Fail and Lead to Power Outages in Extreme Winter Weather

Union of Concerned Scientists

Since 2011, there have been five extreme winter storms that threatened the reliability of the grid, and the issues that ensued in all five of those storms were very similar. The country must diversify away from gas and other fossil fuels in the power sector and transition to clean electricity.