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

Union of Concerned Scientists

Renewable projects can experience delays due to the country’s antiquated (and slow) system of connecting to the grid, as well as other reasons like permitting and transmission constraints. And fossil fuel power plants may not stick to their retirement schedules for a variety of reasons. A bit more on those reasons later.

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What Does COP28 Mean for the Private Sector?

Capaccio

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. This agreement calls on all Parties to contribute to doubling energy efficiency and tripling renewable energy capacity by 2030.

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Everything you Need to Know About the Sustainable Jobs Act (Bill C-50)

Enviromental Defense

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.

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Opinion: At COP28, climate finance takes centre stage

A Greener Life

C above pre-1850 levels, versus a business-as-usual scenario, would save the world USD 1,266 trillion in loss and damage from 2025 to 2100. COP28 has to deal with this now, as the New Collective Quantified Goal (NCQG) has to be agreed to before 2025. The CPI report estimates that keeping global warming to within 1.5

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Emergency?

Legal Planet

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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Analysis: Coal returns to the China-Pakistan Economic Corridor

A Greener Life

“We are pushing the Chinese company to complete its financial closure by 31 December 2023, and start construction at the earliest so that it can be completed by 2025,” Shah Jahan Mirza, managing director of the Pakistan government-owned Private Power and Infrastructure Board told me. Pakistan’s energy sector is dominated by fossil fuels.

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Taking Stock Ahead of UN Climate Conference: Five Things to Watch for at COP28 in Dubai

Union of Concerned Scientists

Lest one thinks this disconnect is a failure of the global climate architecture, the failure lies much closer to home—in the domestic politics in the US and many other countries that continue to favor the interests of the rich and powerful , and fossil fuel companies, at the expense of the health and safety of everyone else and the planet.