The Guardian: Energy

DECEMBER 7, 2023

Justin Trudeau’s government plans to limit emissions through a national cap-and-trade system, a policy first proposed in 2021 Canada will require its fossil fuel industry to cut its emissions between 35% to 38% below 2019 levels starting in 2030, it was announced on Thursday.

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The Guardian: Energy

FEBRUARY 13, 2024

Ross Garnaut, a leading economist during the Hawke government, and Rod Sims, a former head of the competition watchdog, say a so-called carbon solution levy would raise $100bn in its first year alone if introduced in 2030-31 and set at Europe’s five-year average price of $90/tonne of carbon dioxide-equivalent.

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GreenTechMedia

AUGUST 4, 2020

BP will cut its oil and gas output by 40 percent by 2030 and increase its low-carbon investment tenfold by then, the company announced Tuesday as it begins to detail its 2050 net-zero strategy. BP is now targeting 50 gigawatts of renewables capacity by 2030, an ambition that puts it on a level with French utility giant EDF.

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DeSmogBlog

OCTOBER 12, 2023

Over the past month and a half month, California lawmakers have enacted a pair of climate disclosure bills and endorsed a global call to end the fossil fuel era. Lena Gonzalez (D-Long Beach) introduced legislation requiring both funds to divest from the 200 largest fossil fuel companies by the 2030s — holdings worth about $15 billion.

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Renew Economy

FEBRUARY 12, 2024

World must spend at least $A18 trillion on renewables and the grid to meet climate targets, and most can come from scrapping fossil fuel plans. The post World must spend $A18 trillion in renewables and grids by 2030 to meet climate targets appeared first on RenewEconomy.

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R-Squared Energy

OCTOBER 30, 2023

Perhaps the most noteworthy prediction from the report is of peak demand for fossil fuels within this decade. However, it is important to note that coal is the only fossil fuel projected to decline over the next decade under the IEA’s Stated Policies Scenario. Global coal consumption is projected to decline by 13.5%

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The Guardian: Energy

NOVEMBER 14, 2023

A vast majority of the world’s best climate scientists have told us again and again that to maintain a stable and liveable planet, we, the human race, must reduce the burning of fossil fuels – and emissions of greenhouse gases – by half by 2030. And end emissions altogether by 2050. Knowing this, what are we on track to do?

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DeSmogBlog

SEPTEMBER 19, 2023

Global advertising and public relations company WPP has more contracts with fossil fuel clients than any of its rivals, despite the group’s pledge to reach net zero emissions by 2030, according to a report by campaign group Clean Creatives. A poster produced by campaign group Clean Creatives.

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GreenTechMedia

SEPTEMBER 11, 2020

By 2030, Wood Mackenzie expects wind, solar and batteries to dominate Europe's grid mix. In the first half of 2020, renewables (solar, wind, hydro and biomass) beat out fossil fuels on the European grid for the first time. They didn’t only beat out coal -- they beat out all fossil fuels put together.

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Business Green

DECEMBER 11, 2023

New report highlights how mooted goal to treble renewables capacity by 2030 is eminently achievable, as clean power continues to outcompete fossil fuels in key markets

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Business Green

OCTOBER 2, 2020

The university outlined a staggered approach to divestment through to 2030, and said it will invest instead in renewable energy. The University of Cambridge has committed to divest from all direct and indirect investments in fossil fuels by 2030, as the institution works towards its goal of reaching net zero greenhouse gas emissions by 2038.

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Fossil fuels Carbon-neutral Climate change Investment 101

Business Green

JANUARY 11, 2023

Campaign group One for One warn fossil fuels should be viewed as the highest risk class of assets and urges government to tighten financial regulations to avert risk of a financial crash. The One for One rule will ensure that banks making high-risk fossil fuel investments shoulder that risk themselves," she added. "It

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altenergymag

JUNE 20, 2023

The extensive usage of fossil fuels in order to meet the rising demand for energy is driving the need for sustainable energy. Increasing fossil fuel usage adds to the carbon footprint, further depleting the ozone layer. billion by 2030, at a CAGR of 17.51%.

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Clean Energy Canada

JUNE 16, 2021

VANCOUVER — As jobs in fossil fuels decline amid a shifting global landscape, rapid growth in Canada’s clean energy sector will more than make up the difference. At the same time, Canada’s fossil fuel sector will see a 9% drop in employment. The clean energy sector’s GDP is forecast to grow 58% by 2030.

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DeSmogBlog

FEBRUARY 28, 2023

French environmental organizations Notre Affaire à Tous, Friends of the Earth France, and Oxfam France last week filed what they say is the world’s first climate lawsuit against a commercial bank, suing BNP Paribas over its continued funding of fossil fuels. They also say that the financial sector more broadly is on notice.

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Business Green

FEBRUARY 6, 2023

By September this year, Guterres said all businesses, cities, regions, and financial institutions that have pledged to achieve net zero emissions by 2050 should present their transition plans "with credible and ambitious targets for 2025 and 2030", as recommended by the UN net zero expert group appointed by the secretary-general last year.

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Charged

NOVEMBER 22, 2023

New research from global technology intelligence firm ABI Research finds that global EV battery output production could increase by nearly six times to 2,585 GWh by 2030. times, respectively, from 2022 to 2030, but average EV battery cobalt content will drop 44% by 2030 owing to its volatile and controversial supply chain.

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DeSmogBlog

JULY 27, 2023

DeSmog analysed examples of more than 100 influencers being paid to promote fossil fuel firms worldwide since 2017, from the US to Malaysia, in campaigns that have reached billions of people. While there’s more knowledge in general around climate change and the harms of fossil fuels, I think that people have a lot of trust in creators.

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The Guardian: Energy

AUGUST 29, 2023

The 27 member states burned 17% less fossil fuel to make electricity between January and June 2023 than over the same period the year before, a study from the clean energy thinktank Ember found. Continue reading.

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Energy Central

JULY 24, 2023

Hydrogen Storage | Benelux 2030 Recent geopolitical and energy market volatilities require us to drastically accelerate the clean energy transition and increase Europe's energy independence from fossil fuels. REPowerEU is the European Commission’s plan to make Europe independent from Russian fossil fuels by 2030.

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Business Green

JULY 13, 2021

Emerging economies on course to 'leapfrog' fossil fuel power infrastructure and move straight to renewables-dominated grids, according to new analysis from Carbon Tracker and India's CEEW. Overall, the analysis expects fossil fuel demand in emerging markets to peak as early as 2025.

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Business Green

MARCH 26, 2024

Japanese carmaker aiming for its EVs to achieve cost-parity with fossil fuel cars by 2030 through a combination of new manufacturing approaches and battery innovations

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Fossil fuels Innovation Batteries 51

Business Green

MARCH 21, 2022

Researchers argue wealthier nations that can better withstand rapid cuts to fossil fuel revenues must eliminate their oil and gas production quickest. warming scenario should be split between countries, depending on their levels of wealth, development, and economic reliance on fossil fuels.

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GreenTechMedia

DECEMBER 6, 2019

So the EIB's confirmation last month that it would effectively end support for fossil fuels garnered widespread attention — as much for the signal it sends as for the additional impact the bank can make with the freed-up funds. Since 2013 the EIB has invested €13.4 billion ($14.9

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Fossil fuels Investment Natural gas Policy 203

Business Green

MARCH 2, 2021

Volvo has become the latest auto giant to sound the death knell for fossil fuel vehicles as it announced this morning it will axe all its internal combustion engine (ICE) car lines over the next 10 years, arguing there is "no long term future for cars with an internal combustion engine".

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Renew Economy

APRIL 4, 2022

Wind, solar and battery storage will play centre-stage to cut emissions in half by 2030, the IPCC says, while more expensive CCS will have only a bit part. The post Wind and solar make deep cuts in emissions possible, but fossil fuels must go: IPCC appeared first on RenewEconomy.

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Impact Alpha

JUNE 16, 2020

ImpactAlpha, June 16 – Oil major BP lowered its long-term price assumptions for oil and gas by almost one-third, and hiked its estimate for the price it will have to pay for carbon dioxide emissions in 2030 to $100 a ton, from $40. The result: the company will write off assets of up to $17.

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Fossil fuels Carbon Energy Energy 115

Business Green

SEPTEMBER 1, 2020

Consumer goods giant outlines plans to spend €1bn on ramping up carbon capture and utilisation technologies that will curb its cleaning and laundry product line's reliance on fossil fuel derived chemicals. As an industry, we must break our dependence on fossil fuels, including as a raw material for our products," he said. "We

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Fossil fuels Investment Biotechnology Biodegradable 101

Business Green

AUGUST 23, 2022

Adverts promoting fossil fuel products and services have been banned in France, after a cornerstone of President Emmanuel Macron's green legislative agenda officially came into force yesterday. You will read everywhere that advertising for fossil fuels is now prohibited, but that's not true," the campaign group said in a statement.

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Fossil fuels Law Hydrogen Europe 101

Business Green

SEPTEMBER 22, 2020

Tesco, Dixons Carphone, E.ON, Heathrow, Lime and SSE have today joined the growing band of corporates calling on the UK government to pull forward the phase out date for fossil fuel vehicle sales by five years to 2030. Of course, it's not as simple as just setting a target," Clarkson added.

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Smart Energy International

MARCH 29, 2022

IRENA’s new World Energy Transition Outlook 2022 sets out 2030 priorities to meet its 1.5 o C and that progress over the next eight years to 2030 will be “critical” to accelerating its trajectory. Eighty per cent of the global population lives in countries that are net importers of fossil fuels. 2030 priorities.

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DeSmogBlog

DECEMBER 10, 2021

An in-depth article by the website Carbon Brief argues that the fuel is unlikely to be taken up universally, particularly as “the volume required to satisfy all the possible applications for low-carbon hydrogen would likely far exceed the amount available, even if production is significantly scaled up.”. Credit: Gaia Lamperti.

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Clean Energy Canada

MARCH 14, 2023

government rules to lower emissions in the fossil fuel sector and create a new Clean Energy and Major Projects Office: “Today’s announcement signals a new direction for B.C.’s would simply not meet its climate targets with a growing fossil fuel sector. “We s emissions and its future economic competitiveness.

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DeSmogBlog

AUGUST 3, 2023

Policy Exchange, one of Westminster’s most prominent think tanks, engaged in a high-level influencing campaign over the UK’s North Sea oil and gas policies while being funded by fossil fuel interests, DeSmog can reveal. Fossil fuel firms tout CCUS and hydrogen as green energy solutions, yet the reality is more complicated.

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Business Green

SEPTEMBER 14, 2022

Ursula von der Leyen sets out plans to mandate revenue cap on electricity generators and secure a 'crisis contribution' from fossil fuel companies in her State of the European Union address. We are in a fossil fuel crisis, the fossil fuel industry has a special duty too," she said.

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DeSmogBlog

OCTOBER 18, 2021

Bank bosses due to attend a green investment summit tomorrow head institutions which have provided over £700 billion of financing for the fossil fuel industry since the 2015 Paris Agreement, including £129 billion in 2020 alone. . JPMorgan financed £230 billion in fossil fuels between 2016 and 2020. billion in 2020.

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Renew Economy

SEPTEMBER 2, 2022

It’s past time to decouple Australia from fossil fuel dependency and the associated energy price hyperinflation that is smashing household and and business consumers. The post Moving beyond 82% renewables by 2030 requires pumped hydro investment now appeared first on RenewEconomy.

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