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The Fossil Fuel Industry Continues Producing Heat-Trapping Emissions that Drive Climate Change

Union of Concerned Scientists

A new dataset released by InfluenceMap provides information on heat-trapping emissions traced to the 122 largest investor and state-owned fossil fuel companies in the world. Fossil fuels are the main driver of climate change and the terrifying effects of it that we see happening across the world.

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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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Here’s What We’re Asking Major Fossil Fuel Corporations at This Year’s Annual Meetings

Union of Concerned Scientists

At this year’s annual general meetings, major investor-owned fossil fuel corporations are facing fewer climate-related shareholder proposals than at any time since the adoption of the Paris climate agreement in 2015. Department of Justice to investigate the fossil fuel industry’s decades-long history of engaging in deceptive practices.

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These Attorneys General Are Defending the Fossil Fuel Industry, Not Their States

Union of Concerned Scientists

Attorneys general (AGs) in the five states most vulnerable to climate change, however, are doing the exact opposite: Instead of defending their constituents, they are defending the fossil fuel industry. Here’s a roundup of what these AGs have been doing to make a bad situation worse.

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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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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.

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

Union of Concerned Scientists

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. What can be done?