Environment + Energy Leader

JUNE 19, 2023

Annually, countries spend six times more on subsidizing fossil fuel consumption than their commitments under the Paris Agreement.

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A Greener Life

NOVEMBER 7, 2022

Two-thirds of the G20’s public finance for energy went to fossil fuels in 2019–2020. The G20 group of nations provided nearly US$200 billion in support of fossil fuels in 2021, despite the worsening impacts of the climate crisis and their pledge in 2009 to phase out “inefficient” subsidies. By Catherine Early.

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Enviromental Defense

JUNE 14, 2021

Canada’s big five banks are deservedly feeling more heat lately about their funding of fossil fuels. They are among the worst in the world, pumping $727 billion into fossil fuels since the Paris Agreement was signed, while scoring among the lowest on having policies to rectify this.

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Union of Concerned Scientists

NOVEMBER 16, 2023

The legislation committed nearly $400 billion to support, among other things, wind and solar power, battery storage, electric vehicles, and other clean energy technologies that will make a significant dent in US heat-trapping emissions. It also will save US consumers money because they will spend less on fossil fuels.

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A Greener Life

OCTOBER 25, 2023

The heavyweight global companies, such as Nestle, Unilever, the Mahindra Group and Volvo Cars, are just some of the leading signatures of a letter sent ahead of COP28 to world leaders, which calls on agreeing a timeline to phase out fossil fuels.

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A Greener Life

JUNE 30, 2023

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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Union of Concerned Scientists

NOVEMBER 16, 2022

Union of Concerned Scientists’ (UCS) research shows that top fossil fuel producers’ emissions are responsible for as much as half of global surface temperature increase. The best solution: Replace fossil fuels with renewable energy. The same solutions will fix the energy crisis and the climate crisis.

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Enviromental Defense

DECEMBER 9, 2023

Statement from Julia Levin, Associate Director, National Climate Dubai, UAE – Today at COP28 Canada joined eight other countries in signing a Joint Ministerial Statement on Fossil Fuel Subsidies , to address inaction on a 14 year old commitment to eliminate fossil fuel subsidies.

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Legal Planet

NOVEMBER 13, 2023

Yet Indonesia’s role in cutting energy emissions is crucial. Over three-fourths of Indonesia electricity comes from fossil fuels: 60% from coal and 16% from gas. Indonesia’s 2021 climate pledge under the Paris Agreement was to reduce emissions from 2020-2030 by 29%. It has about the same GDP as Spain.

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Paris Agreement Sea Level Fossil Fuels Carbon Emissions 244

Legal Planet

JUNE 16, 2022

According to the Energy Information Agency , South Korea’s power sector is heavily reliant on fossil fuels. Two thirds of generation capacity is based on fossil fuels, split evenly between coal and natural gas, with 17% nuclear, and 14% hydro and other renewables. 50% coal, 26% gas, and 25% nuclear.

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Enviromental Defense

DECEMBER 9, 2022

Next year, the Canada Energy Regulator , is poised to release a net-zero modeling in their Energy Futures report. This will be the first time that the CER will model a net-zero scenario, which is a big deal, since the models showcased in the Energy Futures report are used for decision-making by the governments and private sectors.

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Legal Planet

DECEMBER 18, 2023

Fossil fuel subsidies. Finally, subsection (h) devotes attention to “inefficient fossil fuel subsidies,” which are supposed to be eliminated as soon as possible. There was considerable disappointment that some of this language was not strong enough, especially the failure to require “phasing out” fossil fuels.

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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. Photo credit: AFP / Getty Images.

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Union of Concerned Scientists

NOVEMBER 15, 2022

If policymakers can reduce short-term, high-impact heat-trapping gases such as methane we can limit warming and keep the Paris Agreement goals within reach. Methane emissions come from two main sources : fossil fuels and agriculture—primarily animal-based agriculture. The planet has already warmed 1.1

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Enviromental Defense

JUNE 21, 2021

In a remarkable new report, the International Energy Agency (IEA) finds that in order to limit warming to 1.5 The IEA is the world’s foremost authority on energy, relied upon by governments and the private sector around the world. That includes: 1 Stop approving fossil fuel projects, and plan for their phase out.

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Enviromental Defense

DECEMBER 20, 2022

C) of the Paris Agreement has significant implications for how the global financial system works and will be a centrepiece of the coming years. The first priority following the 2015 Paris Agreement was to clean up public financing, so Article 2.1(C) C) of the Paris Agreement. Article 2.1(C)

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Paris Agreement Fossil Fuels 2030 Climate Change 52

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.

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Legal Planet

NOVEMBER 4, 2021

Current national climate pledges fall well-short of the Paris Agreement goal to keep global average temperature increase this century well below 2°C and to pursue efforts to limit temperature increase to 1.5°C At COP26, China submitted a long-term development strategy , pursuant to Article 4(19) of the Paris Agreement.

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Climate Change Paris Agreement Fossil Fuels 2030 262

Union of Concerned Scientists

JULY 17, 2023

Right in the middle of Danger Season , we are going through a period of unprecedented global extreme temperatures driven by fossil-fueled climate change. C above preindustrial levels, the limit that island nations and allies fought for so hard in the Paris Agreement. (It It is important to note that the 1.5°

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Law Columbia

APRIL 17, 2024

Solar PV Project in Cuba (Photo credit: IRENA ) Today, the Sabin Center for Climate Change Law and Environmental Defense Fund (EDF) jointly published a new report titled Building a Cleaner, More Resilient Energy System in Cuba: Opportunities and Challenges. Cuba’s power system is currently heavily reliant on fossil fuels.

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Union of Concerned Scientists

APRIL 4, 2022

Now the reports driven by these resolutions are beginning to roll in, and while they certainly provide some insight into the fossil fuel industry’s investment in political influence, a sleight of hand is preventing investors from seeing the companies’ full strategy.

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Union of Concerned Scientists

MARCH 12, 2024

However, as we replace fossil fuels with clean electricity for heating and transportation to meet our climate goals, these peak demands will increasingly shift to the winter in many parts of the country. It’s worth delving into because it has some important implications for our clean energy future.

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Union of Concerned Scientists

NOVEMBER 6, 2023

As I prepare to attend the UN’s 28 th annual Conference of the Parties (COP28 ), I’ve been thinking a lot about the connection between the UN climate talks and litigation, especially in light of the stark reality that parties to the 2015 Paris Agreement are falling short on key milestones leading up to the next month’s meeting.

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Paris Agreement Climate Change Fossil Fuels Government 243

Union of Concerned Scientists

MARCH 16, 2022

The Department of Energy’s Energy Information Administration (EIA) is one of the go-to sources for reliable information about the US power sector. They just released their 2022 “Annual Energy Outlook” (AEO), which is a big deal: it tells us where electricity is headed over the next 30 years. Carbon emissions remain high.

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Natural Gas Renewable Energy Climate Change Electricity 269

Environmental News Bits

SEPTEMBER 13, 2023

Read the full story at Environment + Energy Leader. Research from the Institute for New Economic Thinking has found that more than 60% of top oil, gas, and coal companies are not on track to reach the Paris Agreement goal of limiting global warming to 1.5 degrees Celsius.

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Union of Concerned Scientists

FEBRUARY 5, 2024

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

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Union of Concerned Scientists

JANUARY 30, 2023

The key word here is “ intensity :” Fossil fuel companies often focus on emissions intensity, meaning emissions per barrel of oil, rather than absolute emissions, which is a set number measured in metric tons. Heat-trapping emissions must be cut in half by 2030 to reach the Paris agreement goal of keeping global warming to 1.5

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Union of Concerned Scientists

SEPTEMBER 27, 2023

The dangerous impacts of a warming, fossil-fuel dependent world span from wildfires capable of destroying entire towns to cancer-causing air pollution that afflicts the next generation. The UNFCC Paris Agreement , for example, proposed that the global community would work together to limit the Earth’s temperature warming by 1.5°C

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Union of Concerned Scientists

OCTOBER 26, 2022

While there is enormous potential for UN climate negotiations to transform climate action, meaningful progress has been delayed in part by the fossil fuel industry’s deceptive tactics. Last year’s COP was notable as the first to explicitly mention “fossil fuels” in the final decision document.

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Sea Level Fossil Fuels Paris Agreement Climate Change 220

PA Environment Daily

DECEMBER 9, 2021

degree C of warming by 2100 as opposed to the Paris Agreement aspiration of 1.5 Among those contradictions is the need to wean society off fossil fuels versus the desire for short-term economic gain. That draft called on “Parties to accelerate the phasing-out of coal and subsidies for fossil fuels.”

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Union of Concerned Scientists

MARCH 30, 2022

Wider repercussions, including the inequitable impacts of rising food and energy prices and the potential for a food crisis hitting vulnerable populations around the world, must also be urgently addressed by global leaders. Other countries are dependent upon these fossil fuels, they don’t make themselves free of them.

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Enviromental Defense

APRIL 25, 2024

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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Fossil Fuels Climate Change Paris Agreement Regulations 93

Union of Concerned Scientists

NOVEMBER 7, 2022

The world is already experiencing mounting dangerous climate extremes , the last eight years have been the hottest on record, and the current trajectory of heat-trapping emissions is wildly off-course from where it needs to be to meet the goals of the Paris Agreement. Meaningful progress on addressing climate loss and damage.

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A Greener Life

AUGUST 2, 2023

The country’s new energy transition plan targets an estimated US$7.4 By Fermín Koop New government plan says US$86 billion of spending needed to boost energy transition – while backing natural gas too. These targets represent a potentially significant shift in Argentina ’s energy mix. billion of hydropower investments by 2030.

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Capaccio

JANUARY 11, 2024

The 2023 United Nations Conference of the Parties (COP28) marked the first Global Stock take to assess progress toward the Paris Agreement since its ratification in 2015 at COP21. This agreement calls on all Parties to contribute to doubling energy efficiency and tripling renewable energy capacity by 2030.

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Paris Agreement Fossil Fuels Regulations Climate Change 52

Enviromental Defense

OCTOBER 20, 2021

. – In Canada, and across the world, we need to rapidly wind down production of fossil fuels in order to limit catastrophic levels of warming, save millions of lives, and end harm to frontline communities. Yesterday the Premier of Quebec announced a provincial ban on all fossil fuel extraction.

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Union of Concerned Scientists

OCTOBER 27, 2022

These reports—from UN Climate Change , the UN Environment Program , the World Meteorological Organization , and the International Energy Agency —show that the current global trajectory of heat-trapping emissions is dangerously off-track, which potentially sets us up for catastrophic climate impacts. The UN NDC Synthesis report.

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