Remove 2021 Remove Carbon Dioxide Remove Fossil Fuels Remove Regulations
article thumbnail

An A to Z of Fossil Fuel Industry Deception

Union of Concerned Scientists

This year has brought new evidence of what major fossil fuel companies knew and when about the role their products play in climate change, as well as what they did in spite of what they knew. They enable us to strengthen our balance sheet and high grade or diversify our portfolio.

article thumbnail

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

Union of Concerned Scientists

GW record from 2021. And fossil fuel power plants may not stick to their retirement schedules for a variety of reasons. Note: this is adjusted for inflation to 2022 dollars and is based on the amount those plants emitted in 2021, the EIA’s most recent year of finalized data. A bit more on those reasons later.

Insiders

Sign Up for our Newsletter

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

article thumbnail

New, Updated Carbon Majors Dataset Holds Promise for Researchers, Litigators

Union of Concerned Scientists

That 2013 headline resulted from the first effort to quantify emissions from the ‘carbon majors’ —fossil fuel companies and cement manufacturers whose businesses have contributed an outsized amount of heat-trapping gases to the atmosphere. Nearly two-thirds of industrial heat-trapping emissions can be traced to just 90 entities.

article thumbnail

Something Stinks: California Must End Manure Biomethane Accounting Gimmicks in its Low Carbon Fuel Standard

Union of Concerned Scientists

California’s transportation fuel policy is knee deep in cow poop, and it’s not a good look. The California Air Resources Board (CARB) is considering amendments to its Low Carbon Fuel Standard (LCFS) regulation, but indicated they have no plans to address the problems caused by counter-productive subsidies for manure biomethane.

article thumbnail

2021-2022 California Environmental Legislation: What’s Been Enacted?

Legal Planet

The Governor approved a notable slate of climate legislation with a package that includes more stringent greenhouse gas (GHG) emission targets and measures designed to reduce the state’s reliance on fossil fuels. In signing these bills, the Governor touted the state as the most aggressive actor on climate in the nation. Clean Energy.

2021 130
article thumbnail

Why Energy Bills Will Be Even Higher This Winter

Union of Concerned Scientists

US ratepayers very likely will pay even more for electricity and heating this winter compared to the already-expensive winter of 2021-2022. Between 2015 and 2021, 274 North American oil and gas producers filed for bankruptcy with a debt load of $177 billion. The bankruptcies were set in motion even before 2020.

article thumbnail

Minister Freeland Wastes $10 Billion on Big Oil’s Carbon Capture Fantasy

Enviromental Defense

Any day now, Minister Freeland is expected to introduce a giant new fossil fuel subsidy called the carbon capture, utilization and storage (CCUS) investment tax credit. The government is breaking their own rules The government introduced new rules to end fossil fuel subsidies this summer. Let me tell you why.