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The Rise and Fall of the Fossil Fuel Industry

Rinexii

2021 has shaped up to be rather a surprising year for the fossil fuel industry. After the sudden quarantine of vast swaths of the world through 2020, the shuttering of businesses, and the general loss of revenue, large fossil fuel giants are getting hammered from citizens, government, and even their own investors.

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Fossil Fuels are Increasing Emissions and Driving Climate Change

Green Market Oracle

The world still gets about 80% of its energy from fossil fuels today which generate the lions share of emissions. According to the EIA , in 2017, carbon dioxide (CO2) emissions from burning fossil fuels for energy were equal to about 76% of total U.S. billion metric tons of greenhouse gas pollution (MIT, 2012).

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Governments Are Sending Oil Executives to COP26 Despite Climate Pledges. Here’s a Look at the Fossil Fuel Influence in Glasgow

DeSmogBlog

Fossil fuels are everywhere at this COP except in the decisions being negotiated by governments,” Nikki Reisch, the director of climate and energy at the Center for International Environmental Law, wrote to DeSmog from Glasgow. Abuleif is Saudi Arabia’s chief negotiator at COP26, a position he has held since 2012.

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Hoboken Lodges First State-Level Racketeering Charge in Big Oil Climate Lawsuit

DeSmogBlog

Hoboken is making this claim against fossil fuel companies under the state-level equivalent of the Racketeer Influenced and Corrupt Organizations (RICO) Act, a federal law used successfully to prosecute organized crime groups such as the Mafia starting in the 1970s and later the tobacco industry. Credit: U.S.

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In D.C. Defamation Trial, Climatologist Michael Mann Confronts the Climate Deniers Who Maligned His Work

DeSmogBlog

In 2012, Rand Simberg and Mark Steyn publicly accused Mann, then a professor at Penn State University, of scientific misconduct and fraud. Michele Bachmann, who once claimed that global warming is “all voodoo” and “a hoax,” was in court to support Steyn as he testified. On Monday, former Minnesota GOP Rep.

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Media Repeats Kremlin Anti-Fracking Claims – While Ignoring Russia’s Promotion of Climate Denial

DeSmogBlog

In their latest attempt to use the Russian invasion of Ukraine to argue for more fossil fuel extraction, climate sceptics have revived an old claim that anti-fracking campaigns around the world have been bankrolled by the Kremlin. It concludes that “the theory supporting global warming has taken a significant blow”.

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Climate Sceptic Goes Unchallenged on BBC’s Today Programme

DeSmogBlog

Porter’s blog repeatedly cites the work of the Global Warming Policy Foundation (GWPF), the UK’s main climate science denial group. Porter’s Energy Blogs Climate models accurately predict global temperature rises, with observed warming tracking the forecasts.