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Progress Possible at COP 28 Despite Fossil Fuel Industry Deception

Union of Concerned Scientists

Last week, I joined my colleagues at COP28 in Dubai , as negotiators and civil society push for a fossil fuel phaseout to meet climate goals. This year there has been a lot of attention on the more than 2,400 oil and gas lobbyists at the climate meetings. Source: IPCC Sixth Assessment Report.

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

Union of Concerned Scientists

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). gigawatts (GW) of planned solar projects expected to come online this year is almost double the previous 13.4 Solar” only includes large-scale solar.

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Analysis: Argentina targets huge expansion of renewable energy by 2030

A Greener Life

billion of hydropower investments by 2030. By Fermín Koop New government plan says US$86 billion of spending needed to boost energy transition – while backing natural gas too. The transition away from fossil fuels has, however, been an elusive goal for Argentina to date. Photo credit: Fernando Quevedo / Alamy.

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Even record renewable energy growth did not hamper the fossil fuel sector in 2022

A Greener Life

But despite this, it did not shift the dominance of fossil fuels. 2022 was dominated by turmoil in energy markets , as Russia’s Invasion of Ukraine helped to boost gas and coal prices to record levels in Europe and Asia. Last year a total of 266 gigawatts (GW) of renewables was installed, with solar power leading the field.

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Bolivia has high solar power potential but faces challenges scaling up

A Greener Life

Perched at 3,730 metres above sea level in the community of Ancotanga, the Oruro solar power plant is one of the flagship projects in Bolivia’s energy transition. million barrels of oil equivalent of useful energy that fossil fuels are expected to provide in Bolivia by 2040, according to a WWF Bolivia evaluation.

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A safe future for people and the the planet means immediately stopping fossil fuel expansion

Enviromental Defense

degrees–the goal of the Paris Agreement and a critical threshold for climate change–the world must stop approving fossil fuel projects AND significantly ramp down the production of all fossil fuels: coal, oil, and fossil gas. This is a huge deal. So what do we need governments to do?

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Banks Continue to Prop Up the Fossil Fuel Industry

Union of Concerned Scientists

Last month, the British-based Bureau of Investigative Journalism (TBIJ) reported that London-based HSBC, one of the world’s top-10 biggest banks, has helped raise $47 billion for the fossil fuel industry since its 2022 announcement that it would not finance new gas and oil infrastructure. trillion per year by the 2030s.