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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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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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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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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.

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Ask a Scientist: The US Has to Do More to Meet Its Carbon Emissions Reduction Goals

Union of Concerned Scientists

The legislation committed nearly $400 billion to support, among other things, wind and solar power, battery storage, electric vehicles, and other clean energy technologies that will make a significant dent in US heat-trapping emissions. It also will save US consumers money because they will spend less on fossil fuels.

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Victory! Canada ends financing for international fossil-fuel projects in 2022

Enviromental Defense

Joining an ever growing list of countries from around the world, Canada pledged to end public financing for overseas fossil-fuel projects in 2022 and instead prioritize the clean energy transition. This sends an important signal to investors and people around the world that the sun is setting on fossil fuels.

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Massachusetts Passes Climate Bill Focused on Clean Energy and Offshore Wind

Law and Environment

5060 ), titled An Act Driving Clean Energy and Offshore Wind, into law on Thursday August 11, 2022. Reduction of Fossil Fuels. Other provisions include a ban on incentives and rebates from Mass Save related to fossil fuel powered systems, except as backup for electric heat pumps.