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$18 billion to fossil fuels: Breaking Down the Numbers

Enviromental Defense

In addition, we already have regulations in place to achieve methane reductions, so we are essentially subsidizing compliance with existing rules. million for other categories of support to fossil fuels. In some cases, these funds even went to paying companies to comply with existing regulations.

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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

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)).

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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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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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What Happened During the Montana Youth Climate Trial

Legal Planet

The bench trial took place last month in the state capitol, Helena, where 16 youth plaintiffs ages 5 to 22 made the case that Montana’s unwavering promotion of fossil fuels violates the state constitution’s guarantee to a “clean and healthful environment.” Whether Montana’s GHG emissions can be measured incrementally.

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

Union of Concerned Scientists

Winter is once again here, bringing great festivities and respite via holidays, but also great worries to energy regulators, grid operators, and communities about dangerous winter storms that can spread across large parts of the United States and negatively affect electric grid reliability.

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Catch 22 at the Supreme Court

Legal Planet

In 2011, in AEP v. CT , the Supreme Court said this: We hold that the Clean Air Act and the EPA actions it authorizes displace any federal common law right to seek abatement of carbon-dioxide emissions from fossil-fuel fired power plants. 410 (2011). Regulating power plant emissions is a complex undertaking.