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G20 still paying billions in fossil fuel subsidies

A Greener Life

Two-thirds of the G20’s public finance for energy went to fossil fuels in 2019–2020. The G20 group of nations provided nearly US$200 billion in support of fossil fuels in 2021, despite the worsening impacts of the climate crisis and their pledge in 2009 to phase out “inefficient” subsidies. By Catherine Early.

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Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

Read on to learn why and how more than a thousand scientists issued an open letter urging JPMorgan Chase shareholders to vote in favor of a time-bound phaseout of financing for new fossil fuel development and exploration at the bank’s annual meeting on May 16. Those three alone borrowed more than $200 billion between 2016 and 2021.

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A distraction due to errors, misunderstanding and misguided Norwegian statistics

Real Climate

See for instance Benestad (2016). We know from previous experience that it is likely that such cases will be used uncritically and selectively for political and economic goals. In other words, we are approaching the limits defined in the Paris Agreement, even if it is only a monthly measure, as opposed to a permanent increase.

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Analysis: Coal returns to the China-Pakistan Economic Corridor

A Greener Life

The Gwadar coal power plant was first conceived in 2016, with an estimated cost of USD 542.32 Pakistan’s energy sector is dominated by fossil fuels. According to the country’s Finance Division , as of April 2022, just under 60% of total installed generation capacity used fossil fuels, including gas, oil and coal.

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A new climate litigation claim in Brazil raises the pressure for increased climate action and protection of the Amazon rainforest

Law Columbia

According to the petitioner, as a signatory to the Paris Agreement Brazil has committed to various duties to mitigate climate change. Through the Nationally Determined Contribution (NDC) published in 2016, Brazil committed to reducing GHG emissions by 37% by 2025 and by 43% by 2030 as compared to a 2005 baseline. In PSB et al.

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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. the Paris Agreement. stay on implementation. social cost of carbon.

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July 2017 Updates to the Climate Case Charts

Law Columbia

The district court ruled that EPA was required to conduct such evaluations in October 2016 and set an expedited schedule for EPA’s compliance. 451962/2016 (N.Y. The standards and guidelines were published on August 29, 2016. The court indicated that the attorney general had broad power to propound the interrogatories.

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