Union of Concerned Scientists

MAY 22, 2023

For years, fossil fuel companies have socialized the costs of their pollution while privatizing the benefits. Since local and state governments are on the frontlines of paying for worsening wildfires, they should also be on the leading edge of holding fossil fuel companies accountable. Source: YouTube.

Fossil Fuels 290

Fossil Fuels Climate Change Paris Agreement 2012 290

Enviromental Defense

AUGUST 23, 2021

Some of this was through a COVID fund specific to oil and gas producers provided by the Business Development Bank of Canada (BDC). million for other categories of support to fossil fuels. The post $18 billion to fossil fuels: Breaking Down the Numbers appeared first on Environmental Defence.

Fossil Fuels 141

Fossil Fuels 2020 Government 2025 141

Union of Concerned Scientists

OCTOBER 12, 2022

Since the summer of 2021, five Republican-controlled state legislatures have passed bills banning their state governments from doing business with financial institutions that they allege have divested from fossil fuel companies as a result of ESG investment policies. Another six statehouses are considering similar bills.

Fossil Fuels 362

Fossil Fuels Climate Change Carbon Emissions Politics 362

Yale E360

JANUARY 29, 2021

Three major European banks — Credit Suisse, ING, and BNP Paribas — have announced they will no longer finance the trade of oil extracted from the Amazon Sacred Headwaters region in Ecuador.

Fossil Fuels 246

Fossil Fuels 246

Legal Planet

MAY 9, 2022

Texas and a number of other states have passed laws banning what they call “boycotts of fossil fuel companies.” ” More precisely, they ban state investment or contracting with firms that “boycott” fossil fuel companies. That’s generally — but not always — going to be firms “utilizing” fossil fuels.

Fossil Fuels 246

Fossil Fuels Law Carbon Emissions Politics 246

Enviromental Defense

NOVEMBER 4, 2021

If honored, this commitment will likely unseat Canada as the worst-ranking in the G20 for international public financing to the fossil fuel sector. . This means while EDC’s overall fossil fuel support was CAD 13.6 Shifting public finance for energy out of all fossil fuels and into clean energy is an urgent task.

Fossil Fuels 105

Fossil Fuels 2022 2018 Renewable Energy 105

Enviromental Defense

MARCH 6, 2024

Despite having made commitments to reduce the emissions from their investments and reach net-zero by 2050, Canada’s banks have instead increased their funding in risky oil and gas assets every year since 2020. The banks are also lobbying against climate-related policies. Canadians are being misled.

Fossil Fuels 133

Fossil Fuels Climate Change Government Regulations 133

Eco Justice

JUNE 8, 2022

The dark money behind fossil fuels Climate change is an existential threat to the future of humanity and all life on earth. The post Canada’s banks and pension funds are financing a climate disaster appeared first on Ecojustice. But there is a clear solution to averting.

Fossil Fuels 120

Fossil Fuels Climate Change 120

Enviromental Defense

DECEMBER 2, 2024

The federal government’s proposed regulations to reduce emissions in electricity generation are achievable without breaking the bank. In fact, studies show that clean energy is a more affordable option than continuing to rely on fossil fuels.

Electricity 131

Electricity Regulations Renewable Energy Fossil Fuels 131

Union of Concerned Scientists

APRIL 4, 2022

Another resolution filed by the bank BNP Paribas prodded ExxonMobil to release a report on its climate-related lobbying in March. ExxonMobil also funded the Consumer Energy Alliance , a pro-fracking front group run by PR firms on behalf of fossil fuel companies.

Fossil Fuels 264

Fossil Fuels Paris Agreement 2020 Politics 264

A Greener Life

JULY 4, 2022

A demonstrator holds a banner during a protest outside the Bank of England during the COP26 UN climate conference. What steps do banks around the world need to take to mitigate the climate crisis and protect themselves and their customers from climate risks and exposure? . Focus on the world’s largest banks. By Anders Lorenzen.

Regulations 98

Regulations Fossil Fuels Climate Change 98

Law Columbia

APRIL 26, 2021

Wind and solar energy facilities emit no air pollution and have minimal environmental effects as compared to fossil fuel plants, but like all types of development, renewable energy projects do have impacts. The resource bank is part of the work of the Renewable Energy Legal Defense Initiative (RELDI).

Renewable Energy 100

Renewable Energy Fossil Fuels Air Pollution Greenhouse 100

Enviromental Defense

OCTOBER 26, 2023

Today, the Parliamentary Budget Office (PBO) released its assessment that a windfall profits tax on fossil fuel companies could generate $4.2 From the housing crisis to inflation, most people living in Canada are feeling the pinch, but not the fossil fuel companies and their executives, who are benefitting from inflationary prices.

Fossil Fuels 98

Fossil Fuels Climate Change Government 2022 98

A Greener Life

FEBRUARY 21, 2022

Barclays and HSBC are two of the major banks which continue to fund fossil fuel investments. A report by ShareAction has delivered a damning verdict on European banks connection to fossil fuel investments. Major European banks at the heart of continued fossil fuel support.

Fossil Fuels 52

Fossil Fuels Paris Agreement Renewable Energy 2015 52

Union of Concerned Scientists

FEBRUARY 16, 2023

In 2022, UCS, COPAL , and our other project partners published the report On the Road to 100 Percent Renewables , along with a state-specific fact sheet outlining how Minnesota could meet its electricity needs completely and equitably with renewable energy by 2035, while dramatically reducing fossil fuel use in vehicles and buildings.

Electricity 264

Electricity Clean Energy Fossil Fuels Renewable Energy 264

Circle of Blue

AUGUST 24, 2021

World Bank report sheds light on the nuanced connections between “water shocks” and human migration. World Bank researchers found that people are five times as likely to move following drought conditions as they are after floods or periods of excess water. “That is what makes me sad. Big City Lights.

2006 363

2006 Fossil Fuels Climate Change Politics 363

A Greener Life

MAY 3, 2022

And despite the mounting warnings from experts, India’s big banks appear to be turning a blind eye to climate risk. . Climate scorecard for India’s banks . A recent analysis offers a rare glimpse into how India’s largest commercial banks think about climate change. You’re talking about extremely large banks,” Fernandes says.

Fossil Fuels 98

Fossil Fuels Climate Change Renewable Energy Sustainable Development 98

Legal Planet

FEBRUARY 23, 2023

What we really care about is making people better off, not growing their bank accounts. Another is that the costs of renewable energy and electric vehicles have declined so greatly in the past ten years, making them more or less competitive with their fossil-fuel alternatives. Infant mortality in Italy is only half as high.

Carbon Emissions 246

Carbon Emissions Fossil Fuels 2007 Air Pollution 246

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

Fossil Fuels 130

Fossil Fuels Paris Agreement Climate Change Renewable Energy 130

Legal Planet

MAY 5, 2022

According to the World Bank, “Mexico’s geographic characteristics make it a highly vulnerable country to the adverse impacts of climate change. AMLO has come under criticism for his commitment to fossil fuel production and refining in Mexico. Because of its geography, Mexico is vulnerable to climate impacts.

Paris Agreement 264

Paris Agreement Carbon Emissions Climate Change Rainforest 264

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.

Fossil Fuels 119

Fossil Fuels Paris Agreement Renewable Energy Climate Change 119

Enviromental Defense

FEBRUARY 13, 2024

You have a relationship with your bank and pension, but the way they are managing your money might not be in the best interest of you or the climate. This Valentine’s Day, we ask: how can we fix the broken relationship between financial institutions and climate action, so you can feel good about your bank again?

Fossil Fuels 143

Fossil Fuels Climate Change Regulations Cooling 143

Enviromental Defense

JULY 4, 2024

The post Parliament grilled Canada’s Big Five banks on their fossil fuel financing – here’s why it matters appeared first on Environmental Defence.

Fossil Fuels 52

Fossil Fuels 52

Union of Concerned Scientists

APRIL 3, 2023

It is overwhelmingly produced by a process known as steam methane reforming (SMR), which is heavily carbon-polluting, and the resulting hydrogen is primarily consumed as a feedstock for industrial purposes, such as oil refining and fertilizer production, not as a way to displace fossil fuels. And this isn’t just hypothetical.

Clean Energy 264

Clean Energy Fossil Fuels Electricity Renewable Energy 264

Union of Concerned Scientists

MAY 11, 2023

That is equivalent to what half a million fossil-fueled cars emit annually. Repurposing cropland could mean water security In the Central Valley, 64 small disadvantaged communities (42% of those studied) are crossed by a river or a canal, of which 48 have an excellent recharge banking potential. miles away from a canal.

2012 338

2012 Greenhouse 2016 Carbon Dioxide 338

Enviromental Defense

APRIL 11, 2025

End Fossil Fuel Subsidies In 2024, the Government of Canada provided nearly $30 billion to the fossil fuel and petrochemical industries. Thats a massive amount of taxpayer money that went towards making it cheaper to find, extract, process, transport, and export fossil fuels. billion in one year alone.

Fossil Fuels 72

Fossil Fuels Government Carbon Dioxide 2024 72

Enviromental Defense

JUNE 13, 2024

Ecojustice, Greenpeace Canada, Stand.earth, Environmental Defence Canada, Keepers of the Water, Leadnow, For Our Kids, and Change Course call on the five major Canadian banks to take responsibility for the impact of their investments in fossil fuels, which are exacerbating the climate crisis.

Fossil Fuels 69

Fossil Fuels Climate Change Paris Agreement Sustainable Development 69

Enviromental Defense

MAY 11, 2023

What do the CEO of Imperial Oil, the head of RBC bank and the head of Big Oil’s biggest lobby association, the Canadian Association of Petroleum Producers, all have in common? And they’re preventing efforts to build a healthy, equitable world beyond fossil fuels. That makes them three of Canada’s top ‘climate villains’.

Fossil Fuels 145

Fossil Fuels Paris Agreement Climate Change Renewable Energy 145

Enviromental Defense

JANUARY 25, 2024

Financial institutions such as banks, pension managers, asset managers and insurance companies are the primary players in the finance game. Climate change is driven by the release of greenhouse gas emissions from the burning of fossil fuels. Banks are not the only culprits funding the fossil fuel industry.

Fossil Fuels 119

Fossil Fuels Climate Change Government 2022 119

Union of Concerned Scientists

DECEMBER 14, 2023

more than 15,000 comments, many of which the SEC must legally answer in writing; threats of lawsuits from ideological groups funded in part by the fossil fuel industry; and complaints about the proposed requirement to measure and disclose heat-trapping gas emissions from a company’s full value chain, known as Scope 3 emissions.

2023 279

2023 Fossil Fuels Climate Change Government 279

Enviromental Defense

MARCH 18, 2024

This council suggested labeling fossil fuel activities like CCUS (carbon capture, utilization, and storage) as sustainable, as well as some types of oil and gas expansion. Labeling fossil fuel activities as sustainable is like including a harpooned whale under Ocean Wise, or describing a peanut butter and jelly sandwich as nut-free.

Fossil Fuels 119

Fossil Fuels Climate Change Government Renewable Energy 119

Union of Concerned Scientists

OCTOBER 11, 2022

Data reported by the World Bank show that prices for two key fertilizers spiked dramatically between April 2021 and April 2022: diammonium phosphate prices went up 75 percent and potash prices rose a staggering 178 percent.

Carbon Dioxide 299

Carbon Dioxide Fossil Fuels 2008 Natural Gas 299

Enviromental Defense

APRIL 25, 2024

except for the banks, pension funds, and insurers who make investments across our economy. The issue is that our banks, pension funds and insurance companies take our hard-earned money and heavily invest in fossil fuels. However, these companies can’t be banking on climate failure forever. Why financial regulation?

Fossil Fuels 122

Fossil Fuels Climate Change Paris Agreement Regulations 122

Ocean Conservancy

SEPTEMBER 24, 2021

Nearly all of these plastics are made from fossil fuels including crude oil, natural gas liquids and coal. Ocean plastics, such as those collected by our International Coastal Cleanup partners last week on beaches and waterways around the world, are a product of the fossil fuel industry that is driving climate change.

Fossil Fuels 141

Fossil Fuels Ocean Renewable Energy Climate Change 141

Enviromental Defense

DECEMBER 8, 2022

Federal government releases new policy aimed at ending international public financing for fossil fuels, next step is ending domestic financing . This new policy will end a significant portion of EDC’s support for fossil fuels and redirect those funds to support the clean energy transition.

Fossil Fuels 124

Fossil Fuels Clean Energy Renewable Energy Government 124

A Greener Life

MAY 17, 2022

The joint appeal, which can be viewed here , calls upon financial service providers to take urgent and effective action to transition out of fossil fuel financing and to invest in renewable energies and research for climate solutions. ” Stop all new fossil fuels projects.

Fossil Fuels 98

Fossil Fuels Paris Agreement Renewable Energy Climate Change 98

Union of Concerned Scientists

JANUARY 3, 2024

Despite formally recognizing for the first time that a transition from fossil fuel use is necessary, nations failed to agree to the fast, fair, and funded phase-out that scientists are calling for. One big positive from COP28 was the creation of a Loss and Damage fund to address climate impacts in the Global South.

Climate Change 319

Climate Change Sea Level Fossil Fuels 2030 319