article thumbnail

The Fossil Fuel Industry Continues Producing Heat-Trapping Emissions that Drive Climate Change

Union of Concerned Scientists

As I show below, their cumulative emissions have continued to rise over the decades even as international efforts to confront climate change have been enacted through the United Nations Framework Convention on Climate Change and the Paris Agreement. I’ve marked these important years with dotted lines in Figure 2.

article thumbnail

STAFF NEWS: FIVE FELLOWS JOIN THE SABIN CENTER

Law Columbia

laws governing the cross-border transport of carbon dioxide (CO 2 ) for sequestration, and how such transportation fits into broader climate and environmental protection regimes, including the Paris Agreement on Climate Change, carbon markets and emissions trading. Her work explores international and domestic (U.S.)

Insiders

Sign Up for our Newsletter

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

article thumbnail

Climate leadership is now in Asia

Edouard Stenger

China’s coal consumption declined over three consecutive years (2013 to 2016), and a continued slow decline is expected. Now, not only coal is spewing insane amounts of carbon dioxide – one kilogram per kilo-watt/hour on average – it is also now more expensive than wind, solar, and soon battery storage.

article thumbnail

Energy news as COP23 is taking place in Germany

Edouard Stenger

In 2016, the world added 138.5 The IEA estimates that $231 billion were invested globally in efficiency solutions in 2016, a nine percent increase over the previous year. The intense wildfires that have been seen in Southern Europe and the Western part of North America are emitting a lot of carbon dioxide.

article thumbnail

Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

Total bank financing for fossil fuels in 2022 was lower than it was in 2016, but Banking on Climate Chaos attributes that decrease partly to record oil and gas industry profits of $4 trillion last year. Those three alone borrowed more than $200 billion between 2016 and 2021. degrees Celsius (2.7 C above preindustrial levels.

article thumbnail

Congress Releases New Evidence of Big Oil Climate Disinformation

Union of Concerned Scientists

BP, for example, publicly claims that carbon capture, use and storage (CCUS) “plays a central role in supporting the transition to a low-carbon energy system.” Yet an April 2016 internal memo reveals that the company has a less climate-friendly purpose for this technology, which was at the time (and still is) unproven at scale.

article thumbnail

Using the Free Market to Affect Change: An Argument for Environmental Taxes

Vermont Law

Two steps forward, one step back: In February 2016, the Supreme Court issued a. international climate change agreement. the Paris Agreement) that will require periodic, rigorous accounting and management of total national emissions. social cost of carbon. social cost of carbon. the Paris Agreement.