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Benjamin Keys, who has done important work in highlighting the role of climate risks in driving increases in insurance premiums. According to his research, homeowners in the US saw their annual insurance premiums increase by an average of 33% or $500 between 2020 and 2023.
Much evidence has surfaced about the tactics to which fossilfuel companies have resorted to distort the facts, intimidate their opponents, and block climate action that might hurt their bottom lines. ExxonMobil reportedly ended its contract with the DCI Group in 2020. Read the full report here.
In a new study released today, UCS attributes substantial temperature and sea level rise to emissions traced to the largest fossilfuel producers and cement manufacturers. Every delay in phasing out fossilfuels will burden future generations who need to adapt to rising seas and recover from loss and damage due to sea level impacts.
Scientists are sounding the alarm because this warming is shockingly bigbigger than what we would have expected given the long-term warming trend from fossilfuel-caused climatechange. According to recent data from NOAAs National Center for Environmental Information, 2024 is likely to be even warmer than 2023.
Earlier this year, The Guardian ran a powerful article exposing the ties of Elsevier, one of the world’s largest academic publishing companies, to the fossilfuel industry. The article caught my attention because I’d never considered the ways in which an academic publisher might be perpetuating and enabling a fossilfuel economy.
Thats why I believe the Climate Accountability Act is a critical step for Wisconsin, especially given all the ways the federal government is trying to move us backward on addressing climatechange. the federal government is trying to move us backwards on addressing climatechange.
As a reminder, China has made five key climate announcements since late 2020. In September 2020, Xi Jinping announced goals to peak emissions before 2030 and to achieve carbon neutrality before 2060. These are the first part of what China is calling its “1+N” program on climatechange. Another study by Duan, et al.
According to the Energy Information Agency , South Korea’s power sector is heavily reliant on fossilfuels. Two thirds of generation capacity is based on fossilfuels, split evenly between coal and natural gas, with 17% nuclear, and 14% hydro and other renewables. 50% coal, 26% gas, and 25% nuclear. Download as PDF.
The latest data from the US Energy Information Administration (EIA) suggests that solar large and small may have generated 27% more in 2024 than in 2023, and that solar might have accounted for 7% of US electricitymore than double its contribution in 2020. Cumulative US utility-scale battery power capacity.
Let’s be real: her talents as a poet, songwriter, performer, and inspiration to millions could be a game changer for messaging around climate actions, like phasing out fossilfuels and holding corporations accountable for planet-heating emissions. And the climate crisis is the biggest story of our time.
The aim of the EU is to try to stop fossilfuel companies suing states over climate action. This shall, according to a leaked document, be pursuit by fundamental changes to the investment chapter and to the Investor State Dispute Settlement MEchanism of the ECT (ISDS).
Since the summer of 2021, five Republican-controlled state legislatures have passed bills banning their state governments from doing business with financial institutions that they allege have divested from fossilfuel companies as a result of ESG investment policies. Another six statehouses are considering similar bills.
On the busy agenda for the COP28 United Nations climate negotiations this year are continuing efforts to implement the Global Methane Pledge , which was agreed to two years ago at COP26. Global Energy Monitor’s tracking of corporate methane emissions found that 30 fossilfuel companies were responsible for 43% of the sectors’ emissions.
Both extreme heat and wildfires are directly linked to climatechange. For years, fossilfuel companies have socialized the costs of their pollution while privatizing the benefits. Perhaps less obvious is the importance of state and local governments in holding the fossilfuel industry accountable.
(For a deeper dive on what’s really going on here in Egypt, check out the Climate Action Against Disinformation’s website.). A small number of big corporations are responsible for the climate crisis. Updated analysis from 2020 shows that emissions traced to the 88 largest carbon producers contributed approximately 60 percent?of
A Montana state district court has issued its long-awaited decision in a major climatechange case brought by Montana children against state officials. Montana represents a sweeping victory for lead plaintiff Rikki Held and her 15 co-plaintiffs–all minors when the case was filed in 2020. In Held v. legal history.
A trillion dollars of climate finance is being called for every year, and anything that does not meet this call would be miserly. Being stingy on climate finance is self-damaging: climatechange is a collective problem, and countries like Canada need to help ensure that all countries are equipped with the necessary funds for climate action.
From 2010 through 2020, the cost of electricity from wind fell more than 60 percent, according to the Department of Energy. Wind power is now cheaper than fossilfuels—even existing coal plants—in many parts of the country. Globally, too, wind stands to be a leader in what’s to come for fighting climatechange.
After 30 years of international negotiations failing to mention the root cause of the climate crisis, the acknowledgement that we must phase out all fossilfuels and massively scale up renewable energy in order to effectively tackle the climate crisis, was both long overdue and extremely significant.
One of the top agenda items at the 27 th annual UN Conference of the Parties (COP27) climate meeting in Sharm El-Sheikh, Egypt—now in its second week—is how to implement the Global Methane Pledge launched at last year’s COP26 negotiations in Glasgow, Scotland. At COP27, 636 registered attendees are lobbyists for the fossilfuel industry.
Last spring, we released a report – Paying Polluters: Federal Financial Support to Oil and Gas in 2020 – that revealed the federal government announced a minimum of nearly $18 billion to the oil and gas sector in 2020. billion in 2020 through CEWS. This measure resulted in $20 million in foregone revenue in 2020.
Ironically, these are many of the same people who also argued that climatechange wasn’t “real” just a few short years ago.) Fire suppression costs, alone, more than doubled from below a half billion in 2020 to over $1.2 Fire suppression costs, alone, more than doubled from below a half billion in 2020 to over $1.2
Now the reports driven by these resolutions are beginning to roll in, and while they certainly provide some insight into the fossilfuel industry’s investment in political influence, a sleight of hand is preventing investors from seeing the companies’ full strategy. ExxonMobil Names Names. The organization received between $2.5
Some of those, such as the public health and climate benefits, depend on the clean energy displacing the dirty stuff—avoiding increases in fossilfuel generation or, even better, displacing existing generation. One reason is climatechange, and the increasingly dire news on that front.
Two-thirds of the G20’s public finance for energy went to fossilfuels in 2019–2020. Subsidies reached new highs in 2021, even before Russia’s invasion of Ukraine, a Climate Transparency analysis finds. In total, 63% of the G20’s public finance for energy went to fossilfuels in 2019–2020.
Climatechange, one of the defining challenges of our time, demands multifaceted approaches to drive action and accountability. Two central players in this arena are climate litigators and United Nations (UN) climate negotiators.
An assessment would have given decision-makers and the public a chance to better understand how this project would impact the climate, environment, and Indigenous rights before the government had to make a final decision on whether or not it could go ahead. Thermal coal is devastating to human health, the environment and the climate.
While there is enormous potential for UN climate negotiations to transform climate action, meaningful progress has been delayed in part by the fossilfuel industry’s deceptive tactics. Last year’s COP was notable as the first to explicitly mention “fossilfuels” in the final decision document.
What are the physical limitations of this fossilfuel resource that make it vulnerable during, say, summer droughts , or the types of extreme heat waves the world has been experiencing for months now? The rolling blackouts took place two nights in a row on August 14 and August 15, 2020.
These projections show that without additional policies or incentives, the US is very much in danger of not meeting our climate goals. We’re risking more impacts from climatechange due to continued reliance on natural gas and oil. EIA also recently reported that US coal exports increased 23% between 2020 and 2021.
“In September 2015, journalists at Inside Climate News reported that, as far back as the 1970s, Exxon had had sophisticated knowledge of the causes and consequences of climatechange and of the role its products played in contributing to climatechange.
The bad news is that we’re not yet on track to avoid dangerous climatechange. climate policy. Rooftop solar costs in 2020 were a third of what they had been in 2010. In 2020, the cost of single-axis utility scale solar was only a fifth of what it was in 2010. Neither should we wallow in despair.
Last week, the federal government showed some much-needed climate leadership at COP26, the United Nations ClimateChange Conference in Glasgow. Here’s why: This commitment will likely unseat Canada as the worst-ranking G20 nation for international public financing to the fossilfuel sector. . This is a big deal.
Trading in disinformation In its climate lobbying report, ExxonMobil deemed 52 associations “aligned” for acknowledging the risks of climatechange, publicly backing the Paris Agreement goal of limiting average global warming to well below 2 degrees Celsius and taking steps to reduce carbon emissions.
But with estimates suggesting that sea level rise will affect more than one billion people around the world in the next 25 years, this is one member of the dysfunctional climatechange family that shouldn’t be ignored. Why is this? Read on for the science you need to know about sea level rise, in seven parts.
The 2020 Maine Fishermen’s Forum was the last conference I and many others attended before the pandemic shutdown. GOM communities, not fossilfuel interests, should determine policies that affect GOM people. It was the first weekend in March, and I recall people even then were unsure of offering a handshake or a fist bump.
If honored, this commitment will likely unseat Canada as the worst-ranking in the G20 for international public financing to the fossilfuel sector. . This means while EDC’s overall fossilfuel support was CAD 13.6 Shifting public finance for energy out of all fossilfuels and into clean energy is an urgent task.
Four important global reports released in the last two days set up a deeply sobering context for the upcoming annual international climate talks in Egypt, also called COP27. Source: UN ClimateChange 2022 NDC Synthesis Report. Source: UN ClimateChange 2022 NDC Synthesis Report. The UN NDC Synthesis report.
In recent years, The Netherlands has become the leading site of climatechange litigation. Now the same district court has gone further, again in favor of environmental groups but now against Royal Dutch Shell (“Shell”) , the world’s largest non-state-owned fossilfuel company. These lawsuits face three key barriers.
While the epicenter of the war and its horrors has remained trained on and in Ukraine, Russia has also leveraged its position as a major fossilfuel exporter to fund its war efforts and to manipulate and threaten others, including countries across Europe that have long relied on Russian supplies of gas.
Our experts will be able to provide insight on the negotiations at COP29 – including on issues related to climate finance, the energy transition and fossilfuel subsidies. At least $1 trillion per year is required to meet the immediate climate needs of developing countries. The next round is due in February 2025.
Japan ) and a second in Yokosuka in 2019 ( Yokosuka Climate Case ). In the 2019 case, the judgments focused on the procedural aspect of the replacement of the coal-fired power plant and discussion of the climate issues was limited. Background Japan has heavily relied on the use of fossilfuels for its power generation.
Yaw announced the introduction of legislation prohibiting the distribution of Act 13 impact fees to any county “that is actively suing over fossilfuel use.” Read more here. Although not yet introduced, Sen. Read more here. Read more here. 16 [PaEN] -- EPA Files $4.2
Switching from fossilfuels like gasoline to increasingly clean electricity sources is vital for hitting climate and air pollution goals. To meet emissions goals and avoid the worst impacts of climatechange, this trend will need to accelerate over the coming decades. pounds of carbon dioxide emissions per gallon.
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