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Fossil Fuel Companies Make Billions in Profit as We Suffer Billions in Losses

Union of Concerned Scientists

The world’s biggest fossil fuel companies recently released their 2022 earnings reports, revealing record-breaking profits last year; just five companies–ExxonMobil, Shell, BP, Chevron, and TotalEnergies–reported a total of nearly $200 billion in profits. billion and $35.5 billion, respectively, during 2022.

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A 100% Renewable Energy Future is Possible, and We Need It

Union of Concerned Scientists

Indeed, the Intergovernmental Panel on Climate Change (IPCC) has just warned us of the decisive fate that this decade represents to act on climate for us and all the species that we depend on. On the Road to 100 Percent Renewables examined how two dozen state members of the U.S. And our modeling shows renewables’ power.

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Four Impacts of Ocean Warming

Ocean Conservancy

Well, if you have been reading the news or following our blogs, you know the ocean is getting hotter due to humans burning fossil fuels. In fact, 90% of all global warming is occurring in our ocean. Love ocean content? HABs are also found in Arctic waters as a result of ocean warming in this chilly region.

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New, Updated Carbon Majors Dataset Holds Promise for Researchers, Litigators

Union of Concerned Scientists

That 2013 headline resulted from the first effort to quantify emissions from the ‘carbon majors’ —fossil fuel companies and cement manufacturers whose businesses have contributed an outsized amount of heat-trapping gases to the atmosphere. Nearly two-thirds of industrial heat-trapping emissions can be traced to just 90 entities.

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Advancing Ocean Climate Action at COP27

Ocean Conservancy

I was joined by Ocean Conservancy colleagues working to advance ocean-climate action. C, we stand to lose ocean and coastal ecosystems we depend on to sea level rise, warming temperatures, ocean acidification and other climate impacts. degrees Celsius. If we warm beyond 1.5°C, If we warm beyond 1.5°C,

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Ocean Advocacy Insights from New York Climate Week

Ocean Conservancy

The focus was clear: climate action, transitioning to cleaner energy, advancing Sustainable Development Goals (SDGs) and preparing for COP28 (the 2023 United Nations Climate Change Conference). We advocated for solutions to tackle climate change and biodiversity crises, all while promoting a healthy and resilient ocean.

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Whales and Lobstermen Have a Common Enemy

Union of Concerned Scientists

At the evening seafood reception that year, in a corner near the fresh oysters, a board member of the Maine Lobstermen’s Association remarked to me, “Everyone blames everything on climate change, but they blame the Right Whale on lobstering.” His remark has remained with me ever since. Sea levels are rising.