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. The full report may be found here.

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Fossil fuels Demand Natural gas Energy 60

Envirotec Magazine

NOVEMBER 9, 2023

Coal-fired power plant chimneys: In fast-growing economies, rapidly increasing energy demand is triggering investment in both low carbon and fossil fuel generation, leaving certain countries, including India and China, unlikely to reach net zero until much later. Progress across different sectors is varied.

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Fossil fuels Aviation Climate change Biodiversity 147

Envirotec Magazine

NOVEMBER 7, 2019

A new report makes the case that if Scotland is to successfully end its contribution to climate change by 2045, there has to be a significant increase in public spending to help move homes and other buildings away from a reliance on fossil fuel heating.

Fossil fuels 176

Fossil fuels Home Energy Monitoring Building Energy Monitoring Investment 176

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. As things currently stand, however, policy support for the hydrogen economy is "insufficient", the report notes. MMBtu) by 2050.

Fossil fuels 101

Fossil fuels Hydrogen Natural gas Policy 101

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. Policy Exchange received $30,000 from the oil and gas supermajor ExxonMobil in 2017.

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Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 94

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

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Fossil fuels Energy Energy Policy 93

Business Green

FEBRUARY 10, 2020

Bank considering introducing stronger limits on its fossil fuel investments as it faces growing pressure from shareholders. Barclays is gearing up to introduce stricter climate change policies that would further limit its investments in fossil fuels, following growing pressure from the bank's shareholders, according to reports.

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Fossil fuels Policy Investment Global warming 73

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. The EIB's role, in effect, is to bankroll the EU's policy goals. billion ($14.9

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Fossil fuels Investment Natural gas Policy 203

Smart Energy International

SEPTEMBER 28, 2023

According to analysis from consultancy DNV between now and 2050 a staggering $12 trillion will be invested in doubling power grid capacity and renewables technologies in the US and Canada. by 2050, driven by the inherent efficiency of renewables. times by 2050, states DNV.

Fossil fuels 59

Fossil fuels North America Natural gas Demand 59

Envirotec Magazine

APRIL 15, 2023

An apocalyptic “meh” seemed to greet the government’s bumper package of energy- and climate-related policy announcements and documents released on 30 March, which appeared short on new ideas and sources of funding. A central plank was the policy paper “Powering Up Britain” , which presented plans for tackling energy security and net zero.

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Packaging Policy Hydrogen Carbon-neutral 286

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. The revelation comes at an important moment for UK climate policy.

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Fossil fuels Aviation Pollution Government 98

Energy Innovation

MARCH 9, 2022

This week, Energy Innovation launched the Oregon Energy Policy Simulator (EPS) , our newest state-specific, open-source, peer-reviewed, and nonpartisan model that estimates the environmental, economic, and public health impacts of hundreds of climate and energy policies. By Shelley Wenzel.

Policy 98

Policy Building Energy Monitoring Energy Monitor Solar Energy Monitor 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

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

DeSmogBlog

JULY 7, 2022

Just 13 financial players out of hundreds assessed from around the world have restrictions in place against funding oil and gas industry expansion, according to the Oil and Gas Policy Tracker. New funding for fossil fuels is delusional,” Guterres said on June 14. New funding for fossil fuels is delusional.

Policy 97

Policy Fossil fuels Carbon-neutral Global warming 97

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

DeSmogBlog

DECEMBER 10, 2021

Juliet Philips, senior policy advisor at the thinktank E3G, described it as “a bit of a red herring as a low-carbon solution”. DeSmog has mapped the sprawling network of fossil fuel companies, trade associations, PR firms and other organisations behind the push for hydrogen, which offers some clues. Credit: Gaia Lamperti.

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Fossil fuels Hydrogen Europe Natural gas 97

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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Fossil fuels Investment Pollution Global warming 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

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

Renewable Energy World

OCTOBER 6, 2021

Barring significant changes in policies or trends, U.S. Energy Information Administration modeling forecasts increasing global energy consumption and carbon dioxide emissions through 2050. Renewable energy consumption more than doubles from 2020 to 2050, according to the report, due to government policies.

Natural gas 101

Natural gas Law Fossil fuels Energy 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. o C target. Selective’ Use of IEA Research. It slightly feels like cherry-picking,” he added.

Fossil fuels 98

Fossil fuels Carbon-neutral Climate change Carbon 98

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.

Fossil fuels 96

Fossil fuels Hydrogen Sea level rise Plastics 96

GreenBiz

DECEMBER 2, 2020

Denmark set the same goal — phase out new fossil fuel vehicle sales in 2030 — and world-leader Norway plans to make the switch in 2025. Electric vehicles will begin to cost the same as their fossil fuel counterparts between 2025 and 2029, depending on the vehicle type. Policy & Politics. isn't the only one.

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Electric vehicle Electricity Fossil fuels Lithium 468

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.”.

Fossil fuels 98

Fossil fuels Africa Climate change Pollution 98

Business Green

SEPTEMBER 29, 2021

Companies around the world call on G20 leaders to ramp up climate commitments in 'most ambitious' call for policy action yet from businesses. Described as "the biggest and most ambitious call for policy action from business that we've seen", the letter has won the backing of businesses representing over £1.8tr in revenue and 8.5

Fossil fuels 101

Fossil fuels Policy Global warming Resilience 101

DeSmogBlog

APRIL 18, 2024

and EU to drop their landmark climate change laws, spreads falsehoods about green policies, and fondly recalls an attempt to cancel a major climate conference. The Climate Change Act legalised the UK’s commitment to reducing carbon dioxide emissions by at least 80 percent by 2050 from 1990 levels. She adds that “the U.S.

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COP Law Fossil fuels Climate change 129

GreenTechMedia

OCTOBER 14, 2019

Renewable energy sources generated more electricity than fossil fuels in the U.K. Fossil fuels’ share of the electricity mix was 10 times larger than renewables’ a decade ago, Carbon Brief's data shows. The country is targeting a net zero economy by 2050. Policy vacuum.

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Fossil fuels Solar Energy Monitor Energy Monitor Carbon-neutral 100

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. It is what science tells us will result from our current energy policies.”.

Fossil fuels 98

Fossil fuels Investment Climate change Global warming 98

Business Green

FEBRUARY 21, 2022

The move comes in the wake of NatWest's decision late last year to fully phase-out coal lending by 2024 in the UK and globally by 2030, as part of the bank's target to achieve net zero emissions across its operations and financing by 2050.

Fossil fuels 84

Fossil fuels Retail Carbon Policy 84

Business Green

FEBRUARY 25, 2020

Royal College of Psychiatrists and Jesuits in Britain become latest groups joining growing movement to remove their financial interests in fossil fuels. That is why the British public expect the UK to meet its climate commitments, including credible net-zero policies with the public and private investment necessary to achieve them.".

Fossil fuels 95

Fossil fuels Investment Climate change COP 95

Clean Energy Canada

APRIL 1, 2022

Today’s carbon price is a step forward for one of the most important policies driving Canada’s shift to clean energy, and that shift will ultimately make life more affordable for Canadians. The best way to benefit the bank accounts of Canadian families is to switch to technologies that reduce or avoid fossil fuels altogether.

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Fossil fuels Carbon Policy Electric vehicle 54

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

DeSmogBlog

MAY 13, 2022

A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers. The two pension funds have estimated holdings of $7.4 billion and $4.1

Fossil fuels 96

Fossil fuels Investment Climate change Law 96

DeSmogBlog

JUNE 12, 2021

The paper comes ahead of this November’s United Nations Climate Change Conference in Glasgow, Scotland and amid proliferating pledges from polluting corporations and governments to achieve what they claim is carbon neutrality — increasingly via dubious offsets — by some distant date, often the year 2050. A 2020 report from the U.S.

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Fossil fuels Pollution Carbon-neutral Government 94

GreenTechMedia

NOVEMBER 2, 2020

Arizona may soon join a lengthening list of states pledging to reach 100 percent carbon-free power by 2050, although a final decision on its plan to get there won’t be made until after Tuesday’s election. By midcentury, these utilities will be required to phase out all fossil-fueled generation.

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Carbon Nuclear Power Packaging Policy 130

Business Green

FEBRUARY 22, 2021

Trinity College Cambridge has committed to fully divesting from fossil fuels over the next ten years, following a long-running student campaign. We will move rapidly where we can, starting with divestment from all fossil fuel exposure in our public equities this year.". by the end of the century.

Fossil fuels 84

Fossil fuels Investment Climate change Education 84