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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

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World Leaders Must Protect UN Climate Talks from Fossil Fuel Industry Interference

Union of Concerned Scientists

One of the most crucial indicators of success will be whether the nations of the world reach agreement on a fast and fair phaseout of fossil fuels. Progress on this front depends on protecting the negotiations—and national and subnational policies based on them—from fossil fuel industry interference. I was wrong.”

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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. Source: IPCC Sixth Assessment Report.

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We Need an Agreement to Phase out Fossil Fuels at COP28

Union of Concerned Scientists

It’s not just the poor air quality, long lines, and excessive fossil fuel company representation ; nations are still too far apart in their positions on a fossil fuel phaseout, the top priority for this COP. Yet global fossil fuel production and use continue to expand. Particulate matter (PM2.5)

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Disinformation Alert: Fossil Fuel Interests Preparing to Deploy False Claims about New EPA Rules

Union of Concerned Scientists

Fossil fuel power plant owners are facing increased accountability for their air and water pollution, including from a new round of environmental and public health protections that are being rolled out by the US Environmental Protection Agency (EPA). We’ve heard these lazily disingenuous narratives before.

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

Union of Concerned Scientists

And fossil fuel power plants may not stick to their retirement schedules for a variety of reasons. The bottom line: There’s still a long way to go, and the clean energy transition must move quicker than it has been—despite the fossil fuel industry’s self-serving claims to the contrary. A bit more on those reasons later.

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COP28 Global Methane Pledge Efforts Still Not Enough

Union of Concerned Scientists

Plans countries have submitted under the Paris Agreement would lead to an increase in overall emissions by 2030 and that trend desperately needs to be reversed. Corporate high emitters When a methane super-emitter is identified, the company or government who owns that site needs to take action. Other teams find similar results.