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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. The industry is pushing a narrative that misleadingly calls out emissions , not fossil fuels as the problem. Global net anthropogenic greenhouse gas emissions 1990–2019.

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

A Greener Life

By Anders Lorenzen The renewable energy sector experienced record growth in 2022 of 1%. But despite this, it did not shift the dominance of fossil fuels. They still account for 82% of the global energy supply according to the industry’s Statistical Review of World Energy released this week.

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Paris Agreement Article 2.1(C) sounds obscure – but it packs a big punch for cleaning up the financial sector.

Enviromental Defense

C) of the Paris Agreement has significant implications for how the global financial system works and will be a centrepiece of the coming years. It calls for countries to make all “finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” C) of the Paris Agreement.

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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. degrees Celsius, or 2.7 degrees Celsius, or 2.7

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Sustainable Finance 101: Transforming Finance for a Sustainable Future

Enviromental Defense

Canada promised to cut its greenhouse gas emissions after the 2016 Paris Agreement. It was part of the global agreement where 195 countries all agreed to reduce their emissions, and Canada has set this promise into law. Rather, they need to have proper plans on how they will build clean energy across the country.

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Latest UN, IEA, WMO Climate Reports Show Global Emissions Dangerously High, Emergency Action Required

Union of Concerned Scientists

There is still much we can do to bend that emissions curve sharply within this decade—but only if world leaders, especially leaders of richer countries and major emitting nations, take responsibility to act together quickly and fossil fuel companies are held accountable for their decades of obstruction and deception.

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Illuminating a Path to a Cleaner and More Resilient Energy System in Cuba

Law Columbia

Cuba’s power system is currently heavily reliant on fossil fuels. In 2022, fossil fuels accounted for about 95% of electricity generation, and about 48% of the fossil fuels used were imported, putting the country at high risk of price shocks and supply shortages.