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Global warming is projected to exceed 1.8°C, according to McKinsey report

Envirotec Magazine

The report projects a rapid shift in the global energy mix, with the share of renewables in global power generation expected to double in the next 15 years while total fossil fuel demand is projected to peak before 2030, depending on the scenario. C by 2100, and reaching a 1.5°C C pathway is increasingly challenging.

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“Global warming won’t wait until 2050,” says European science advisory group

Envirotec Magazine

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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More than 130 companies including Ikea, Volvo ask world leaders to ‘phase out’ fossil fuels

The Verge: Energy

. | Photographer: Krisztian Bocsi / Bloomberg via Getty Images More than 130 companies, including Volvo Cars, Ikea, Unilever, Nestlé, and AstraZeneca, signed a letter calling on governments to adopt a global plan to phase out fossil fuels without carbon capture during upcoming international climate negotiations.

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New Liz Truss Faction ‘Pops’ With Climate Science Denial and Fossil Fuel Ties

DeSmogBlog

The self-styled PopCons included politicians critical of climate policies and science, including Lord Frost, who is a director of the climate science denial Global Warming Policy Foundation , as well as Conservative MP Lee Anderson and Reform party president Nigel Farage. Rees-Mogg also has a long record of opposing climate policies.

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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

billion) in fossil fuel firms. This includes companies that specialise in extracting, refining, transporting and distributing fossil fuels. million) shareholding in the oil and gas supermajor Chevron, as well as stakes in Shell, Equinor, and 109 other fossil fuel companies. billion (£1.8

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The world came tantalizingly close to a deal to phase out fossil fuels

The Verge: Energy

The beginning of the end for fossil fuels? This text is a step forward on our path towards phasing out fossil fuels, but is not the historic decision we hoped for.” More than 100 countries came to the table pushing for an official agreement to “phase out fossil fuels.”

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‘They’re Destroying Our Coastline’: Activists at the Americas Energy Summit Protest Fossil Fuel Expansion

DeSmogBlog

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. That means the contract ends in 2047, very close to what they perceive as a mandate to be carbon free by 2050,” he said.