Envirotec Magazine

APRIL 25, 2024

It also looks at the persistence of fossil fuels in its energy mix. On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. Natural gas consumption will remain high with 2050 consumption marginally below 2023 levels and 58% being imported.

Energy Monitor 147

Energy Monitor Solar Energy Monitor Building Energy Monitoring Energy 147

Forbes Green Tech

MARCH 19, 2021

New research proves massively increased return for investment in renewables over fossil fuels. With 2050 targets requiring $4.4 trillion annual investment in low carbon energy, this can only be a positive for achieving climate goals.

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Fossil fuels Investment Carbon Energy 127

DeSmogBlog

JANUARY 23, 2024

The event aims to bring together policymakers and liquified natural gas (LNG), natural gas, and hydrogen players to explore new avenues for fossil fuel expansion. So they’re just going to try and squeeze out every last bit of profit they can and give it fancy new names like carbon capture and sequestration. It’s not new.”

Fossil fuels 110

Fossil fuels Building Energy Monitoring Energy Monitor Home Energy Monitoring 110

GreenBiz

OCTOBER 26, 2020

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Carbon capture will play an important role in reducing overall greenhouse gas emissions, but there's no reason it needs to be limited to stationary applications," said Michael Traver, head of OGCI's transport workstream. Michael Holder.

Carbon 431

Carbon Methane Fossil fuels Logistics 431

Business Green

MARCH 30, 2020

But roughly $150bn of subsidies, carbon pricing and more supportive policies may be needed for green hydrogen to reach full decarbonisation potential, finds analyst. Renewable energy has paved the way to carbon-free electricity. But to meet net-zero emissions targets, we need to go beyond electricity and have carbon-free fuels.

Fossil fuels 101

Fossil fuels Hydrogen Natural gas Policy 101

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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Fossil fuels Carbon-neutral Pollution Carbon-negative 95

Envirotec Magazine

MARCH 7, 2022

Carbon capture and utilization (CCU) has been touted as part of the solution to the climate crisis. CCU typically works by capturing carbon dioxide emissions from power plants or industry. This carbon dioxide is then converted using electricity, heat, or catalysts into a new product, like the fuel methanol. “It

Carbon 235

Carbon Fossil fuels Technology Construction 235

Clean Energy Canada

MARCH 21, 2023

OTTAWA — Canada will see 700,000 more energy jobs in 2050 in a net-zero 2050 than we have today , according to a new report from Clean Energy Canada with modelling from Navius Research. million job decline in fossil fuels in this scenario (the world will want a lot less oil and gas), this is far exceeded by the 2.2-million

Fossil fuels 95

Fossil fuels Energy Energy Policy 95

DeSmogBlog

SEPTEMBER 9, 2021

Fossil fuels such as coal, oil and natural gas are the source of just over 80% of the world’s energy. To avert catastrophic warming, the global community must rapidly reduce how much of these fuels it extracts and burns. target because it was already at its limit, given our projections of fossil fuel demand in the near future.

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Fossil fuels Carbon-negative Global warming Climate change 92

Clean Energy Canada

APRIL 1, 2022

VICTORIA — Mark Zacharias, special advisor at Clean Energy Canada, made the following statement in response to the scheduled April 1 federal carbon price increase from $40 to $50 per tonne of emissions: . The best way to benefit the bank accounts of Canadian families is to switch to technologies that reduce or avoid fossil fuels altogether.

Fossil fuels 54

Fossil fuels Carbon Policy Electric vehicle 54

DeSmogBlog

MARCH 2, 2023

New Electoral Commission records released today show that the bulk of the fossil-fuel linked funds came from Christopher Harborne, who donated £500,000 in the final quarter of 2022 – the joint-largest donation registered by the party during this period. Harborne has also donated some £6.5

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Fossil fuels Aviation Pollution Government 98

DeSmogBlog

NOVEMBER 30, 2023

The vast majority of corporate advocacy promoting carbon capture and storage is misaligned with climate science, new research shows. The study shows that IPCC recognizes a role exists for carbon capture technologies. Celsius or well-below 2°C – the targets established by the Paris Agreement.

Fossil fuels 105

Fossil fuels Carbon Policy Climate change 105

Grist

APRIL 4, 2022

Greenhouse gas emissions must peak within the next three years, and in the next eight, the world must push fossil fuels aside, rapidly scaling up the use of clean energy like wind and solar. The authors’ top recommendation: Immediately move away from fossil fuels and replace them with renewable technologies.

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Fossil fuels Global warming Climate change Carbon 116

Business Green

JULY 29, 2020

More than 60 civil society leaders including MPs, climate experts, faith leaders and local councillors have signed an open letter accusing the Pensions Minister Guy Opperman of backing continued investment in fossil fuels.

Fossil fuels 101

Fossil fuels Climate change Investment Carbon 101

GreenTechMedia

MAY 27, 2020

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. Counting on 'negative carbon' solutions.

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Carbon Carbon-negative Natural gas Carbon-neutral 130

Envirotec Magazine

FEBRUARY 26, 2021

We cannot rely on linear developments and a steady energy transition over the next 30 years to 2050,” according to William Gillett, Energy Programme Director of the European Academies’ Science Advisory Council (EASAC). The biggest source of GHG emissions in the EU is the use of fossil fuels in industry, buildings and transport.

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Global warming Carbon-neutral Cooling Transportation 232

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.

Fossil fuels 94

Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 94

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

DeSmogBlog

DECEMBER 10, 2021

The UK government’s Hydrogen Strategy , launched in August, promises to develop a “thriving low carbon hydrogen sector” as a “key plank” of its climate plans, and the fuel was given pride of place at a “Hydrogen Transition Summit” hosted in Glasgow during the recent UN climate talks. Credit: Gaia Lamperti. Hydrogen Europe.

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Fossil fuels Hydrogen Europe Natural gas 97

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. While currently behind provinces like B.C. Report | The New Reality.

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Fossil fuels Real Estate Energy Energy 126

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.

Fossil fuels 101

Fossil fuels Biodiversity Global warming COP 101

DeSmogBlog

JULY 20, 2021

Fossil fuel companies are pressing ahead with new oil and gas developments, despite a recent warning from the International Energy Agency (IEA) that this will make the Paris Agreement goals impossible to meet, an analysis has found. The company was “leading in carbon efficient production of oil an gas,” she added. o C target.

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Fossil fuels Carbon-neutral Climate change Carbon 98

DeSmogBlog

MAY 24, 2022

HSBC has been accused of double standards after suspending an executive who said investors “need not worry” about climate change, while continuing to plough billions of pounds into fossil fuels. HSBC has financed £103 billion in fossil fuels since the Paris Agreement was ratified in 2016, including £43.8

Fossil fuels 94

Fossil fuels Climate change Investment Carbon 94

Envirotec Magazine

APRIL 26, 2022

Nonetheless, the long-term transition to low-carbon energy systems continues to see strong momentum and, in several respects, acceleration. Hydrogen demand is expected to grow 4-6x by 2050, driven primarily by road transport, maritime, and aviation. C by 2100, and reaching a 1.5°C C pathway is increasingly challenging.

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Global warming Fossil fuels Hydrogen Demand 361

Envirotec Magazine

AUGUST 30, 2021

A report published on 26 August by an independent group of experts warns that reaching net zero greenhouse gas emissions by 2050 is now “too little too late”, and will not achieve the long-term temperature goals identified in the Paris Agreement to limit global warming to 1.5°C license ). C by the end of the century.

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Carbon-negative Climate change Global warming Fossil fuels 321

DeSmogBlog

DECEMBER 5, 2023

billion in new subsidies to oil and gas companies, and other heavy emitters, for expanding the production of fossil fuels, according to climate experts. Representatives of the Pathways Alliance are among the 35 people with ties to the fossil fuel sector who are part of Canada’s official delegation to COP28 this year.

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Carbon Fossil fuels Global warming Government 103

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.

Fossil fuels 98

Fossil fuels Investment Pollution Global warming 98

DeSmogBlog

OCTOBER 3, 2021

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

Fossil fuels 98

Fossil fuels Carbon-neutral Carbon-negative Carbon 98

DeSmogBlog

NOVEMBER 4, 2021

GLASGOW, SCOTLAND – Only two of the 35 stalls lauding countries’ green credentials at the COP26 UN climate summit mention the need to cut fossil fuel production — the chief cause of the carbon emissions driving climate change. . We urge all leaders to put people and the planet over the profit of the fossil fuel industry.”.

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Fossil fuels Africa Climate change Pollution 98

DeSmogBlog

APRIL 18, 2021

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files. ExxonMobil – “Powering Progress”.

Fossil fuels 98

Fossil fuels Carbon-neutral Carbon-negative Carbon 98

DeSmogBlog

AUGUST 25, 2021

Central banks are continuing to help channel trillions of dollars into fossil fuels through policy decisions and direct financing, with overall sums rising in recent years, a new report has found. The report calls on governments to update the mandates of the banks to support the managed decline of fossil fuels.

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Fossil fuels Climate change Policy Carbon 98

GreenTechMedia

SEPTEMBER 18, 2019

Duke Energy is the latest major utility to commit to a carbon-free future, with a plan to cut its emissions in half by 2030 and eliminate them completely by midcentury. It’s the first time Duke has pledged to zero out carbon-emitting resources from its fleet, albeit with a target deadline decades in the future.

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Solar Energy Monitor Energy Monitor Carbon Natural gas 100

DeSmogBlog

NOVEMBER 11, 2021

JPMorgan Chase is the world’s biggest financier of fossil fuels, according to environmental organisations. In 2020 the bank pledged to end fossil fuel loans for Arctic oil drilling and phase out loans for coal mining. Fossil Finance. JP Morgan declined to comment.

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Fossil fuels Demand Climate change Construction 98

DeSmogBlog

APRIL 5, 2022

“Investing in new fossil fuel infrastructure is moral and economic madness,” UN Secretary-General António Guterres said as the Intergovernmental Panel on Climate Change (IPCC) released part of its latest report on Monday. Meanwhile, major carbon capture projects like Southern Company’s $7.5 This is not fiction or exaggeration.

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Fossil fuels Investment Climate change Global warming 98

Business Green

JANUARY 27, 2023

BNEF reports that global investment in the clean energy transition rose 30 per cent last year to record levels Global investment in the clean energy transition soared to record levels last year, surpassing $1tr as the sector matched the level of investment in fossil fuels for the first time. warming scenario.

Fossil fuels 101

Fossil fuels Investment Energy Energy 101

DeSmogBlog

DECEMBER 21, 2022

I live in South Louisiana on the front lines of the climate crisis and cover the fossil fuel industry and impacts related to the warming planet, so facing gaslighting is a regular occurrence for me. So it resonated with me that Merriam-Webster dictionary chose “gaslighting” as the word of the year.

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Fossil fuels Hydrogen Sea level rise Plastics 96

Business Green

APRIL 18, 2021

Institutional Investors Group on Climate Change calls on banks to back their net zero pledges with moves to halt support for fossil fuels and activities that drive deforestation. With fossil fuel financing increasing since 2016, the time to act is now," she said. Net zero commitments must drive real change.".

Fossil fuels 89

Fossil fuels Carbon-negative Climate change Investment 89