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Clean Energy Saw as Much Investment as Fossil Fuels for the First Time in 2022

Yale E360

Solar, wind, electric vehicles, and other clean energy technologies saw a record-high $1.1 trillion in investment globally last year, matching investment in fossil fuels for the first time ever, according to a new report from Bloomberg New Energy Finance. Read more on E360 →

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Boston Bans Fossil Fuels in New and Renovated City Buildings

Law and Environment

On July 31, 2023, Boston Mayor Michelle Wu signed an executive order ending the use of fossil fuels in new construction and major renovations of city-owned buildings. Covered buildings and projects will require heating, ventilation, air conditioning, hot water, and cooking systems that do not use fossil fuels.

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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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Fossil Fuel Companies Make Billions in Profit as We Suffer Billions in Losses

Union of Concerned Scientists

The world’s biggest fossil fuel companies recently released their 2022 earnings reports, revealing record-breaking profits last year; just five companies–ExxonMobil, Shell, BP, Chevron, and TotalEnergies–reported a total of nearly $200 billion in profits. billion, respectively, during 2022. billion and $35.5

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Grid Investments are Critical to Our Clean Energy Future

Union of Concerned Scientists

The simple fact is that ditching fossil fuels for low-cost clean energy resources is good for the planet, good for the US economy, and good for public health. The studies the DOE reviewed also found that transmission investments would provide a host of benefits beyond access to clean energy. The good news?

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States Can Plan Ahead for Clean Energy

Union of Concerned Scientists

The fabulous growth of wind and solar builds on states’ clean energy policy and corporate decarbonization targets. However, great opportunities for more new clean energy supplies to replace fossil fuel energy need supporting grid investments. Where do we go for that modern infrastructure?

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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). I’ll start off with the good.