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Is the Canada Growth Fund Just a Fossil Fuel Slush Fund?

Enviromental Defense

Earlier this month at COP28 countries committed to transitioning off of fossil fuels and massively scaling up renewable energy instead. So you’re excused if, like me, you’re baffled by Minister Freeland’s first move in the wake of COP28: a giant new fossil fuel subsidy, via the new Canada Growth Fund.

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

A Greener Life

Solar panels in the Bavarian Holledau region in Au, Germany. 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. The energy data Excluding hydropower, renewables accounted for 7.5%

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The Carbon Capture Boondoggle Begins To Unwind 

Enviromental Defense

CCS is a multi-billion dollar boondoggle that doesn’t come close to the hype, has significant safety risks, and is a substantial distraction from real climate solutions, such as building more renewable energy, increasing electricity transmission infrastructure, and developing and using storage technology. Want proof?

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Analysis: Argentina targets huge expansion of renewable energy by 2030

A Greener Life

The country will also target 5,000 kilometres of new transmission lines, an 8% reduction in overall energy demand, and one gigawatt (GW) of distributed generation, with the government putting the plan’s estimated costs at US$86.6 These targets represent a potentially significant shift in Argentina ’s energy mix.

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Resource Bank: Impacts of Renewable Energy Facilities

Law Columbia

In order to achieve the greenhouse gas reductions needed to sustain a livable climate, we must scale up renewable energy capacity at a rapid pace. The resource bank is part of the work of the Renewable Energy Legal Defense Initiative (RELDI). Read more about RELDI here and visit the resource bank here.

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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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Beware of Two False Solutions to Climate Change Brought to You by Big Oil 

Enviromental Defense

We know that fossil fuels are causing the climate crisis. And we know that to avoid more climate destruction, the world must stop digging up and burning fossil fuels. Wind and solar power, paired with energy storage and energy savings, can almost entirely replace fossil fuels – and leave our communities better off.