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What’s another $4 billion amongst friends?

Enviromental Defense

How would you feel if I told you that the Ontario government is going to blow another $4 billion on another environmentally destructive and indefensible act? Ontario is poised to unnecessarily spend over $4 billion on polluting gas plants that the federal government is in the process of phasing out. How do we know? MW/business day.

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Analysis: New coal mines add question mark to India’s climate commitments

A Greener Life

Despite a significant uptake of renewable energy, India still relies on coal plants for more than half of its installed electricity supply. By Rejimon Kuttappan Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.

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Climate Policy in India

Legal Planet

Twelve percent of capacity comes from hydro, and an impressive 23% from renewables (10% wind, 9% solar). The national electricity plan projected that renewables will exceed coal in 2027. Given that rapid growth of India’s economy, this would mean a huge effort to install renewables and other zero-carbon power sources.

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RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

Investors and governments will be expected to refer to the Taxonomy in order to determine whether an activity they want to pursue can be considered sustainable, and under what conditions (screening criteria). Notably, in the same proposal, the Commission has also included screening criteria for gaseous fossil fuels.

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Analysis: Is hydrogen the new oil?

A Greener Life

Hydrogen may have lost the race to fuel electric cars but it looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry. The Tokyo Olympics will be powered by a fuel with ambition – hydrogen. Japan, once a passionate advocate of nuclear energy , now has serious hydrogen ambitions.

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Analysis: Brazil plans to continue investing in coal-fired power despite global shifts

A Greener Life

Although coal represents less than 5% of Brazil’s energy mix, the federal government plans to invest 20 billion reais (US$3.7 billion) in the world’s most polluting energy source. The Bolsonaro government’s new coal plans face barriers to funding and worsen the country’s already worn-out image at COP26.

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California Advances Corporate Climate Accountability Amid New Evidence of ExxonMobil’s Deception

Union of Concerned Scientists

California Sues Fossil Fuel Polluters California’s climate accountability lawsuit is groundbreaking in several ways: California is the first major fossil fuel-producing state to file a climate accountability lawsuit. California Gov.