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Progress Possible at COP 28 Despite Fossil Fuel Industry Deception

Union of Concerned Scientists

Last week, I joined my colleagues at COP28 in Dubai , as negotiators and civil society push for a fossil fuel phaseout to meet climate goals. This year there has been a lot of attention on the more than 2,400 oil and gas lobbyists at the climate meetings. Source: IPCC Sixth Assessment Report.

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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.

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Storm Elliott Knocked Out Fossil-Fuel Power. We’ve Been Here Before.

Union of Concerned Scientists

Utilities and grid operators prepared for the storm as it was coming down the pike, but they still underestimated the energy demand it would trigger, as well as the number of outages at fossil fuel power plants—mainly natural gas-fired, plus some coal-fired plants. Where do we go from here?

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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.

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Modernizing the Energy Charter Treaty - EU wants to stop investment protection for fossil fuels

Energy and Climate Law

For almost two year now the Energy Charter Treaty (ECT) is under revision and negotiations shall finish in 2021. The aim of the EU is to try to stop fossil fuel companies suing states over climate action. Then a further round is already planned for February or March 2021.

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South Korea and Climate Change

Legal Planet

According to the Energy Information Agency , South Korea’s power sector is heavily reliant on fossil fuels. Two thirds of generation capacity is based on fossil fuels, split evenly between coal and natural gas, with 17% nuclear, and 14% hydro and other renewables. 50% coal, 26% gas, and 25% nuclear.

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Independent Fiscal Office Reports 4th Quarter 2022 Natural Gas Production Decreased 1.6%; Average Price Increased By 82.5% Compared To Last Year

PA Environment Daily

On March 2, the Independent Fiscal Office issued a report on fourth quarter 2022 natural gas production in Pennsylvania showing a 1.6% decline in production from 2021 and a 5.1% decrease from the fourth quarter of 2021. Although the IFO reported the average price of natural gas increased 82.5%