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

Envirotec Magazine

The energy transition continues to gain steam, with oil demand projected to peak in this decade, perhaps as soon as 2025, according to new research by global consultancy firm McKinsey & Company. However, even with current government commitments and forecasted technology trends, global warming is projected to exceed 1.7°C

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

DeSmogBlog

This news comes after former prime minister Boris Johnson was announced as a new presenter on the television broadcaster on Friday. An investigation by DeSmog in May found that one in three GB News presenters had spread climate science denial on air in 2022, while more than half had attacked climate action. 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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Give Climate Change the Name It Deserves: Fossil-Fueled Destruction

DeSmogBlog

The term “global warming” stuck. That tonal change drove home the point that this was not merely a phenomenon to be described, but a tectonic shift demanding ongoing reporting. Climate change” describes only the result of fossil fuel-based greenhouse gases. A disquieting warning in the humid warming air.

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2022 in Photos: Gaslighting by the Fossil Fuel Industry and Its Supporters

DeSmogBlog

Photos I shot in 2022 for DeSmog capture damage from extreme weather events and the continued expansion of the fossil fuel industry — the dominant industry causing global warming. Travis and Nicole Dardar in front of their home in Cameron, Louisiana, near the Venture Global Calcasieu Pass LNG export facility.

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Leading Think Tank Met With Minister Over North Sea Energy While Funded by Fossil Fuel Interests

DeSmogBlog

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.

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A fossil fuel demand peak is fast approaching, but will it come soon enough?

Business Green

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals. The oil industry has been particularly badly hit.