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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. This year there has been a lot of attention on the more than 2,400 oil and gas lobbyists at the climate meetings. 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

But despite this, it did not shift the dominance of fossil fuels. 2022 was dominated by turmoil in energy markets , as Russia’s Invasion of Ukraine helped to boost gas and coal prices to record levels in Europe and Asia. We are still heading in the opposite direction to that required by 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

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Guest Essay: COP26 Shines A Light On The End Of Fossil Fuels

PA Environment Daily

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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More gas, more missing climate targets

Enviromental Defense

These are worthwhile questions, but Legg’s answer is a call for more fossil fuels. It also shows how fossil fuel industry boosters are grasping at straws. The biggest obstacle standing in the way of Canada meeting its emissions reduction targets is the fossil fuel industry. Canadian gas is not “clean.”.

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COP28: “The Methane COP”

Legal Planet

Until recently, few could have anticipated that methane, a GHG not even mentioned in the Paris Agreement, would be central to COP28’s most headline-grabbing announcements. Oil and Gas Decarbonization Charter Fossil fuels are the main reason for CO2 emissions and, therefore, the main driver of climate change.

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The journey to a climate-safe future needs a proper roadmap

Enviromental Defense

The world is moving away from fossil fuels. With renewable energy, like solar and wind, becoming cheaper and easier to scale up, there has never been a better moment for governments to transition away from the fossil fuel industry and its destructive impacts on the environment, the climate and communities.