Legal Planet

JULY 5, 2023

A 2022 Rainforest Action Network repor t found that “fossil fuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in fossil fuel financing in 2021 alone.” The biggest US bank investors in fossil fuels? “At

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Law Columbia

FEBRUARY 27, 2025

Background Japan has heavily relied on the use of fossil fuels for its power generation. According to the Japanese Agency for Natural Resources and Energy, the countrys fossil fuel dependency was 83.2% This blog post provides an overview of those cases and the broader landscape of climate litigation in Japan.

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Enviromental Defense

JULY 5, 2024

There’s a direct line of culpability between fossil fuel corporations and climate change – it’s why so many oil and gas CEOs have topped our list of Climate Villains. But they aren’t the only powerful players who shoulder responsibility for keeping us hooked on fossil fuels, the largest source of greenhouse gas emissions.

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Enviromental Defense

DECEMBER 9, 2023

Statement from Julia Levin, Associate Director, National Climate Dubai, UAE – Today at COP28 Canada joined eight other countries in signing a Joint Ministerial Statement on Fossil Fuel Subsidies , to address inaction on a 14 year old commitment to eliminate fossil fuel subsidies.

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Union of Concerned Scientists

NOVEMBER 7, 2022

The world is already experiencing mounting dangerous climate extremes , the last eight years have been the hottest on record, and the current trajectory of heat-trapping emissions is wildly off-course from where it needs to be to meet the goals of the Paris Agreement.

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A Greener Life

DECEMBER 19, 2024

The forecast also predicts that Chinas overall fossil fuel demand will peak in 2028, coinciding with the peak in energy-related carbon emissions. In 2023, Chinas demand for gasoline and diesel in road transportation began to decline for this reason, with aviation fuel emerging as the sole growth segment.

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Enviromental Defense

JULY 22, 2021

Their new commitments include a pledge to reach net zero emissions by 2050 and a target to reduce its financing support to the six most carbon intensive sectors – including oil and gas extraction – by 40% below 2018 levels by 2023. In practice, this means reducing the combined support these sectors receive from $22.4

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Enviromental Defense

APRIL 28, 2023

The joint statement from the recent G7 environment and energy ministers’ conference in Japan suggests there is ambition for action in some areas – on climate-related finance and investments and on eliminating toxic chemicals, for example – but less on eliminating fossil fuel subsidies and very little on eliminating plastic pollution.

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Legal Planet

APRIL 7, 2024

Multiple relentless heat waves occurred in 2023 , with much of the globe experiencing 20 more “heatwave days” than in the previous three decades. target set by the Paris Agreement – and an astonishing 0.17 I hope we can collectively reckon with another terrifyingly awesome atmospheric event: the hottest year.

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Ocean Conservancy

NOVEMBER 30, 2022

Representatives from civil society, non-governmental organizations and the private sector gathered alongside governmental representatives to influence decisions and advance contributions toward the goals of the Paris Agreement of 2015. I was joined by Ocean Conservancy colleagues working to advance ocean-climate action.

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Enviromental Defense

DECEMBER 20, 2022

C) of the Paris Agreement has significant implications for how the global financial system works and will be a centrepiece of the coming years. The first priority following the 2015 Paris Agreement was to clean up public financing, so Article 2.1(C) C) of the Paris Agreement. Article 2.1(C)

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A Greener Life

NOVEMBER 2, 2021

The money will not be available before 2023, and the total amount has not even yet been guaranteed as some of it still has to be pledged by nations to bring the tally up to $100 bn. Then there is the ongoing controversy in the UK of new fossil fuel projects. Controversies. degrees C target. Climate maths. If only a 1.5

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A Greener Life

DECEMBER 6, 2023

In its provisional State of the Global Climate report, they confirmed, that not only is 2023 on track to be the warmest year on record by a large margin, but they also expect we will reach 1.4 Even though there’s a month left of 2023, VMO feels confident enough to make the call that will leave us only 0.1 degrees C of breaching the 1.5

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Enviromental Defense

NOVEMBER 22, 2023

COP28 must deliver on energy and equity, and the Government of Canada must do its part: The litmus test for whether COP28 is successful or not will be whether countries agree to a plan for an equitable phase out fossil oil and gas production. Fossil fuels are causing the climate crisis. That’s impacted other nations.

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Law Columbia

MAY 8, 2024

Lawyers, bar associations, and law societies have an important but not fully recognized role to play in achieving the net zero goal in the Paris Agreement. In late 2023, LSEW committed “to being net zero by 2030” in its operations. In the U.S., As time passes, other jurisdictions will likely adopt similar guidance for lawyers.

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Paris Agreement Climate Change Law Greenhouse 129

Enviromental Defense

MARCH 24, 2023

The world is moving away from fossil fuels. With renewable energy, like solar and wind, becoming cheaper and easier to scale up, there has never been a better moment for governments to transition away from the fossil fuel industry and its destructive impacts on the environment, the climate and communities.

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Enviromental Defense

MARCH 4, 2024

For instance, mortgages are connected to homes, while fossil fuel finance is tied to infrastructure like pipelines, oil wells, and the reserves still in the ground. Up to $4 trillion of fossil fuel assets are at risk of being stranded, with $100bn at risk in Canada by 2036.

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Frontiers

NOVEMBER 22, 2023

It must be the meeting when we start really showing credible pathways to phase out fossil fuels.” As Lars Peter Riishøjgaard , director of the Global Greenhouse Gas Watch, said: “We are not treating this as a scientific problem, which is what the text of the Paris Agreement actually says that we should.”

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Legal Planet

DECEMBER 17, 2021

This official inner circle is now doing the business of the three separate international treaties in force for climate change: the 1992 Framework Convention on Climate Change (FCCC), the 1992 Kyoto Protocol (Yes, it still exists and is in force, although the United States is not a party), and the 2015 Paris Agreement.

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Law Columbia

DECEMBER 12, 2024

This leads to an important distinction between fossil fuels specifically produced or merely traded by Shell, as discussed in more detail below. Over 50% of its investments until 2023 are expected to go to new fields. Therefore, there is no room for new investment in fossil fuel supply and a need to decommission existing assets.

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Clean Energy Law

DECEMBER 12, 2023

Green , James Bee , and Kevin Mak On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the Singapore-Asia Taxonomy for Sustainable Finance (Taxonomy) at the United Nations COP28 climate conference in Dubai. beyond those that have already been signed by December 2023). Davies , Farhana Sharmeen , Michael D.

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Enviromental Defense

FEBRUARY 14, 2023

Climate catastrophes are happening throughout our planet, and are only projected to get more intense and more frequent, unless we get a handle on addressing the leading cause of this crisis: Fossil Fuels. degrees Celsius. C, which would be an emissions reduction of 60 per cent from 2005 levels for the oil and gas sector, by 2030.

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Enviromental Defense

NOVEMBER 29, 2023

However, Canada is failing to address a key root of the climate crisis — the continued flow of capital by Canadian financial institutions into fossil fuel development and extraction. Canada’s financial institutions are among the largest funders of fossil fuels in the world, and continue to underinvest in clean energy.

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Manning Law

DECEMBER 14, 2023

Although criticized for half measures and loopholes, blamed in part on the influence of petrostates, the agreement reached at the conference should be welcomed as a significant step in the move away from fossil fuels. But it notes Parties are off track when it comes to meeting their Paris Agreement goals.

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Ocean Conservancy

NOVEMBER 28, 2023

Rising temperatures are disrupting ecosystems around the world, with 2023 witnessing some of the most extreme weather events to date, including the hottest day and month ever recorded and drastically reduced Antarctic ice. Responding to the climate crisis is undeniably urgent.

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Capaccio

JANUARY 11, 2024

The 2023 United Nations Conference of the Parties (COP28) marked the first Global Stock take to assess progress toward the Paris Agreement since its ratification in 2015 at COP21. COP28 is the first time that a final COP agreement has called upon countries to reduce their fossil fuel usage in some way.

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HumanNature

MARCH 11, 2024

Guest Post by Vedanshi Nevatia , 2023-2024 Sustainability Leadership Fellow, and Ph. As per the World Investment Report 2023, much of the growth in international investment in renewable energy, which has nearly tripled since the adoption of the Paris Agreement in 2015, was concentrated in developed countries.

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PA Environment Daily

JUNE 7, 2023

C carbon budget set forth in the 2015 Paris Agreement, countries must reduce CO2 emissions in the entire [existing] built environment by 50-65% by 2030 and reach zero carbon by 2040. Posted: June 7, 2023] PA Environment Digest The built environment accounts for approximately 37% of global CO2 emissions and 39% of all U.

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Enviromental Defense

NOVEMBER 28, 2023

Dubai, United Arab Emirates – Between November 30 and December 12, 2023, Environmental Defence experts will join leaders, experts and advocates from around the world in UAE for this year’s session of the global climate negotiations, COP28. 2023 is a Global Stocktake year. In Canada: Allen Braude, abraude@environmentaldefence.ca

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Enviromental Defense

APRIL 22, 2024

Bill C-50 is a necessary tool to set Canadian workers up for success in a low-carbon economy Countries around the world are choosing to ditch fossil fuels, like oil, gas and coal, to use renewable energy and increase the energy efficiency of homes, cars and factories. Fossil fuel workers are also far from the only ones impacted.

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A Greener Life

FEBRUARY 14, 2024

At COP28 , on 9 December, India’s environment and climate change minister Bhupender Yadav affirmed the country’s “trust and confidence” in the Paris Agreement , whilst highlighting the country’s achievements in emissions reduction. To boost domestic supply rather than be reliant on coal, India has aggressively expanded its coal mines.

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Enviromental Defense

JANUARY 21, 2022

Coal is the dirtiest fossil fuel. Ontario has successfully phased out coal-powered electricity, and Alberta will be off coal by 2023 – seven years ahead of schedule. . degree goal of the Paris Agreement. Add your name to demand that the federal government ban the export of thermal coal by 2023. .

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Enviromental Defense

NOVEMBER 22, 2023

As one of the world’s top funders of fossil fuels, taking over HSBC’s Canadian operations, at a time when its parent company was already taking concrete action to lower its financed emissions, is a significant step backwards on climate. RBC doesn’t, and that’s why I’m calling on Minister Freeland to kill the deal.”

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Enviromental Defense

NOVEMBER 12, 2024

OTTAWA/TRADITIONAL, UNCEDED TERRITORY OF THE ALGONQUIN ANISHNAABEG PEOPLE — Ecojustice and Environmental Defence have uncovered that greenhouse gas emissions from Canada’s exported oil, gas, and coal ballooned to record levels in 2023. Since 2012, Canada’s annual exported emissions have increased a whopping 378 million tonnes.

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Union of Concerned Scientists

APRIL 13, 2023

Read on to learn why and how more than a thousand scientists issued an open letter urging JPMorgan Chase shareholders to vote in favor of a time-bound phaseout of financing for new fossil fuel development and exploration at the bank’s annual meeting on May 16. degrees Celsius (2.7 C above preindustrial levels.

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Law Columbia

JANUARY 4, 2023

To achieve the long-term temperature goals of the Paris Agreement, countries need to rapidly reduce their reliance on fossil fuels and scale up the use of cleaner alternatives. The Sabin Center will hold a webinar presenting the findings of the report on January 31, 2023 (link to register will be available shortly).

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Law Columbia

MAY 8, 2024

However, unlike the energy sector, where renewable energy sources, reduced consumption and increased energy efficiency offer clear alternatives to today’s heavy reliance on fossil fuels, decarbonizing the industrial sector presents a more complex challenge. The most comprehensive is the proposed Net Zero Industry Act (NZIA).

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