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Liz Truss Book Calls for Climate Laws to be Abolished and Boasts of Effort to Cancel UK COP Summit

DeSmogBlog

The Inflation Reduction Act is a $369 billion package of grants and subsidies by the U.S. Truss writes that “we should cancel” the United Nations annual COP climate summit, and falsely claims that electric vehicles are worse for the environment than those powered by fossil fuels. “In is beyond reach.

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Is the Cop28 agreement on fossil fuels just another "cop out"?

Energy Central

"The United Nations climate conference known as COP28 ended early this morning with a first-ever agreement calling on nations to transition away from fossil fuels, the main cause of climate change. COP28 president Sultan al-Jaber called the plan a "historic package to accelerate climate action."

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£3.3 trillion fossil fuels subsidies by G20 countries since Paris Climate Agreement

Low Impact

We have to stop burning fossil fuels and leave them in the ground. It looks as though, in a corporate-dominated, growth economy, no fossil fuels are going to be left unburnt. Recently, Bloomberg NEF and Bloomberg Philanthropies produced a report on the scale and impact of global fossil fuel subsidies.

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Big Meat and Dairy Delegates Triple at COP28

DeSmogBlog

With greater scrutiny over emissions from meat and dairy companies, it is not surprising they are stepping up their game to head off any COP outcome that might hinder their operations,” Ben Lilliston, from the Institute for Agriculture and Trade Policy told DeSmog. Meat isn’t the only industry under the spotlight.

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COP26 sparks surge in carbon price, slide in coal shares

Business Green

Separately, Bloomberg reported that fossil fuel producers are also seeing a spike in the cost of capital driven in large part by international climate policy efforts. Climate activists will undoubtedly frame COP26 as failing on coal (and fossil fuels)," Cowen analyst John Miller told Reuters. "We

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Taking the positives from COP26

Business Green

Meanwhile, the huge clean tech buying signals from coalitions of large corporates focused on electric vehicles, green steel, renewables, green shipping, and sustainable aviation fuels, all point to how these markets could quickly reach tipping points that trigger the rapid adoption that obliterates fossil fuel demand.

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'Climate action is finally coming home on African soil': COP27 closes with historic deal on climate Loss and Damage

Business Green

But group of petrostates resist calls to phase down fossil fuels and accelerate decarbonisation efforts. The so-called High Ambition Coalition of nations argued the draft text should include a commitment to phase down all fossil fuels and clearer commitments to accelerate the roll out of renewables.

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