Remove 2021 Remove Carbon Dioxide Remove Electricity Remove Paris Agreement
article thumbnail

Progress Possible at COP 28 Despite Fossil Fuel Industry Deception

Union of Concerned Scientists

Success at COP28 is likely to be measured by the inclusion of strong fossil fuel phaseout language, free from loopholes, in the final agreement. By 2019, the largest growth in absolute emissions occurred in carbon dioxide from fossil fuels and industry. Global net anthropogenic greenhouse gas emissions 1990–2019.

article thumbnail

Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

Those three alone borrowed more than $200 billion between 2016 and 2021. Since the adoption of the Paris agreement, JP Morgan Chase is at the top of the list of fossil fuel bankers, financing a staggering $434 billion from 2016 through 2022. degrees Celsius (2.7 C above preindustrial levels.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Good News—and Bad—about Fossil Fuel Power Plants in 2023 

Union of Concerned Scientists

With the clean energy transition already under way, the US electricity mix is set to continue changing this year. Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). GW record from 2021.

article thumbnail

Latest UN, IEA, WMO Climate Reports Show Global Emissions Dangerously High, Emergency Action Required

Union of Concerned Scientists

The 2022 UN NDC Synthesis report assesses the collective impact of emissions reduction pledges, known as nationally determined contributions (NDCs), that countries have submitted under the Paris Agreement. Methane emissions showed their biggest annual increase in 2020 and again in 2021. A truly scary prospect.

article thumbnail

Carbon Capture and Sequestration in 2021: The Path Forward

The Energy Law Blog

2021 is already poised to offer substantial growth in the area of carbon capture and sequestration (“CCS”). On January 21, Elon Musk announced on Twitter that he will donate $100 million to the “best” carbon capture technology, chosen through a competition whose details and judging criteria are yet to be announced.

2021 75
article thumbnail

Policy News: October 25, 2021

ESA

Senate Appropriations Committee Releases Remaining Spending Bills for FY 2021. The UN website describes the aim of the meeting, “The COP26 summit will bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.” Bill includes $9.49 Executive Branch.

2021 105
article thumbnail

Carbon Capture and Sequestration in 2021: The Path Forward

The Energy Law Blog

2021 is already poised to offer substantial growth in the area of carbon capture and sequestration (“CCS”). On January 21, Elon Musk announced on Twitter that he will donate $100 million to the “best” carbon capture technology, chosen through a competition whose details and judging criteria are yet to be announced.

2021 52