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Research: Limiting global warming to 2C could create eight million green energy jobs

Business Green

Putting world on path to 'well below' 2C temperature goal in the Paris Agreement could create millions of green jobs worldwide, offsetting losses in fossil fuel sector, research estimates. Other countries such as Canada, Australia and Mexico, which are heavy fossil-fuel exporters, could also suffer net job losses.

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War is the Latest Impediment to Humanity’s Efforts to Limit Global Warming

Energy Central

In the short term, it will lead to a scramble to find new fossil fuel sources for European countries. It will impact food distribution from Ukraine to food-challenged areas in Africa. But in the longer timeframe, it will hasten Europe's conversion from fossil fuel energy.

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Tortuous progress: Key takeaways from COP28

Envirotec Magazine

The headline commitment of COP28 was the pledge to transition away from fossil fuels. Many commentators also appeared to believe that the “UAE Consensus” – as the deal was dubbed – leaves plenty of scope to continue burning fossil fuels, while also being woefully short on the financial commitments required to realize its aims.

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'Window of opportunity is closing': UN warns fossil fuel production plans set to breach Paris Agreement goals

Business Green

Production Gap report reveals governments still plan to produce more than double the amount of fossil fuels in 2030 than is consistent with limiting global warming to 1.5C. This is what climate ambition looks like.".

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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

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.

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The world’s electrical utilities still progressing too slowly towards a renewable energy transition

Envirotec Magazine

As policymakers and leaders around the world prepare for pivotal climate discussions at COP28, the sector must seize the momentum to create more renewable energy, enabling other sectors to decarbonise, and shifting demand away from fossil fuels. Vicky Sins, Decarbonisation and Energy Transformation Lead, said: “We cannot keep 1.5

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Why rising oil prices risk setting 'stranded asset trap' for fossil fuel developers

Business Green

Oil prices may have surged in recent months, but investing in new fossil fuel projects risks 'catastrophic levels of value destruction' when prices fall, new Carbon Tracker analysis warns. are to be kept alive. The assessment is based on a non-linear demand pathway using a forecast policy scenario based on a 1.8C