2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels.

New York state divests from fossil fuels in historic move

Inhabitat - Innovation

The retirement contributions of New York state workers will no longer be invested in fossil fuels

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DNC reverses pledge to end fossil fuel subsidies

Inhabitat - Innovation

The DNC has removed a pledge to end fossil fuel subsidies from its ledger of party demands

The Guardian bans fossil fuel advertising

GreenBiz

The media group will no longer accept advertising from oil and gas companies, despite acknowledging decision will have implications for its revenues. Corporate Strategy media oil Oil & Gas

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. And energy providers the world over are rushing to slash their reliance on fossil fuels as the clean energy transition gathers pace. .

So You Think We're Reducing Fossil Fuel Use? Think Again.

Jim Conca

If you think we’re doing a good job of curbing fossil fuel use, you're mistaken. Oil production is exploding in America. Growth in coal in the developing world shows no sign of slowing, and gas has kicked into high gear most everywhere. Renewables are increasing slower. Nuclear and hydro are flat

Carbon 'rainbow': Unilever pledges $1.2B to scrub fossil fuels from cleaning products

GreenBiz

to scrub fossil fuels from cleaning products. More than 46 percent of Unilever's cleaning and laundry products' carbon footprint is incurred by chemicals made from fossil fuel-produced carbon, most of which are used in surfactants. .

Green Tech vs. Fossil Fuel Jobs: Which Are You More Likely to Land?

U.S. Green Technology

Green tech jobs happen to be more plentiful than fossil fuel jobs today. Image from [link] Question for you: Are you more likely to find a job in fossil fuels or in green technology? Yes, the green tech industry is “greener” — or newer — than that for fossil fuels. The post Green Tech vs. Fossil Fuel Jobs: Which Are You More Likely to Land? Green Technology fossil fuels green technology YaShekia King

Fossil fuel companies denied seismic blasting permit renewals

Inhabitat - Innovation

Once current permits expire on November 30, companies will not be allowed to renew them

Renewable energy surpasses fossil fuels in the UK

Inhabitat - Innovation

In a first for the United Kingdom, wind turbines, solar panels and other renewable energy sources have generated more electricity than their fossil fuel counterparts of coal and natural gas

G20 stimulus plans favouring fossil fuels

Eco-Business

A ‘remarkable departure’ from long-term rises in energy-related emissions is being undermined by government responses to the pandemic, a new assessment has found

Fossil fuel wind-down

Impact Alpha

The post Fossil fuel wind-down appeared first on ImpactAlpha. ImpactAlpha, Mar. 24 – You know the ground has shifted when nationalization of the oil industry is considered “a moderate proposal” as The New Republic put it. The market has already written down the oil majors as growth stocks and values them mostly as cash cows. The government could snap up the four biggest U.S. paywall Climate Finance Signals

Request for Proposals Fossil Fuel Transition Study

CleanTech Alliance

Source: Seattle Office of Economic Development, Jan 23, 2020 The Office of Economic Development (OED) is implementing an Inclusive Economy Agenda. This mission rests on three OED competencies to serve underserved populations: building self sufficiency and improving access to employment, family-wage job and wealth creation, and capacity-building for neighborhood resilience in the face of displacement. […]. Member News Opportunities Public Policy

Fight or switch? How the low-carbon transition is disrupting fossil fuel politics

GreenBiz

Global fossil fuel and overall energy consumption are still rising. But the new focus on them shows that the end is near. Energy & Climate oil

Renewables Start to Outpace Fossil Fuels on Europe’s Grid

GreenTechMedia

In the first half of 2020, renewables (solar, wind, hydro and biomass) beat out fossil fuels on the European grid for the first time. They didn’t only beat out coal -- they beat out all fossil fuels put together.

Fossil fuels demonstrating their unreliability

Eco-Business

As oil markets fluctuate wildly, how can the world economy still be running on a commodity that not only wreaks havoc on the planet when extracted and burned, but is unpredictable and volatile

A ?Just Transition? for Fossil Fuel Workers

GreenTechMedia

The transition away from fossil fuels isn’t a nice-to-have. And that means disrupting entire classes of employment and communities that depend on fossil fuel extraction — in other words, helping people find work in another sector. We’ll talk with Sandeep about his analysis of the strategies for transitioning fossil fuel workers in economies around the world.

Fossil fuels are rapidly losing favour with investors

Eco-Business

From leading the market 20 years ago the big fossil fuels companies are plunging in value, as investors turn to renewables

Green hydrogen could curb one-third of fossil fuel and industry emissions by 2050

GreenBiz

That's according to a BloombergNEF report that calls policy support for the hydrogen economy "insufficient.". decarbonization hydrogen Hydropower Renewable Energy

Renewable electricity overtakes fossil fuels in UK for first time

CleanTech Alliance

Source: The Guadian, October 13, 2019 Renewable energy sources provided more electricity to UK homes and businesses than fossil fuels for the first time over the last quarter, according to new research. The renewables record was set in the third quarter of this year after its share of the electricity mix rose to 40%. It is […]. Industry News

The European Investment Bank Has Quit Fossil Fuels. Now What?

GreenTechMedia

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. billion) in fossil fuel energy projects, though nearly two decades have passed since the bank last funded any fossil fuel extraction. COPENHAGEN — With an annual outlay in the energy sector of €15 billion ($16.6

Global fossil fuel demand’s ‘staggering’ fall

Eco-Business

The world’s energy markets are in upheaval, as experts report an historic fall in global fossil fuel demand

Does Fossil Fuel Use Affect Premature Births?

Jim Conca

A new study indicates that emissions from coal and oil power plants are associated with increased premature births. The rate of premature births dropped by 30% after these plants were shuttered in California with the most significant declines among African American and Asian women

Sweden to develop plan to phase out fossil fuel cars

Charged

Sweden’s government has appointed a commission of inquiry to offer proposals on when and how sales of new fossil fuel cars, and fossil fuels themselves, should be phased out. The commission is to propose a year by which fossil fuels should be phased out in Sweden, and the measures needed for this to happen in the most cost-effective manner possible.

Global Carbon Project: Coronavirus causes ‘record fall’ in fossil-fuel emissions in 2020

Eco-Business

Global carbon dioxide (CO2) emissions from fossil fuel and industry are expected to drop by 7% in 2020, new analysis shows, as economies around the world feel the effects of Covid-19 lockdowns

Fossil fuels add to world’s marine dead zones

Eco-Business

Air pollution from burning fossil fuels is adding to fertiliser run-off and sewage to kill marine life in global dead zones

California uses fossil fuel dollars to fund solar for disadvantaged communities 2020 Regional Solar Policy Report

Solar Power World

Solar technology’s pricing continues to trend downward, but the cost to go solar is still prohibitive for a large swath of Americans.

Decapitalizing the fossil fuel industry (podcast)

Impact Alpha

“Those kind of The post Decapitalizing the fossil fuel industry (podcast) appeared first on ImpactAlpha. ImpactAlpha, Dec. 21 – The failure of the COP25 global climate conference in Madrid left climate-finance practitioners seeking a path forward in the absence of effective political and policy leadership. “The The climate emergency is real and the financial casualties are piling up,” said Brian Walsh, head of impact for the fintech company Liquidnet.

Growth in US green economy dwarfs that of fossil fuel industry

GreenBiz

Data shows the green economy grew by over $60 billion per year between 2013 and 2016. Clean Economy Energy & Climate Policy & Politics Renewable Energy

BP’s new business-as-usual: falling fossil fuel demand

Impact Alpha

The post BP’s new business-as-usual: falling fossil fuel demand appeared first on ImpactAlpha. ImpactAlpha, Sept. 15 – How will the energy transition play out? Faster than previously thought. That’s the message from BP, which released its annual global energy outlook yesterday.

IPG’s turbine tech uses fossil fuel for off-grid EV chargers

Charged

IPG’s Flameless Ceramic Turbine technology is designed to support EV charging in high-use and remote locations by using fossil fuels for grid-independent power generation.

New BU academic tower will be 100% free from fossil fuels

Inhabitat - Innovation

The tower, which will be the tallest building on campus, will feature a suite of energy-saving and energy-generating technologies, including geothermal wells, state-of-the-art shading systems and triple-glazed windows

The fossil fuel industry’s $100 trillion blindspot

Impact Alpha

The signposts are clear: the fossil fuel industry is in long-term decline as demand shifts to clean energy. Fossil fuel producers, however, continue to invest $5 trillion a year in new production despite falling demand and calls to limit emissions and planetary warming. The post The fossil fuel industry’s $100 trillion blindspot appeared first on ImpactAlpha. ImpactAlpha, June 4 – Negative oil prices. Asset write-downs. Low-cost renewables.

UC to shed “risky” fossil fuels from $83 billion of funds

Impact Alpha

billion endowment from fossil fuels. In an op-ed in the LA Times, UC chief investment officer and treasurer Jagdeep Singh Bachher and UC Board of The post UC to shed “risky” fossil fuels from $83 billion of funds appeared first on ImpactAlpha. paywall Smarter Money Signals Long-termism climate-finance fossil-fuels divestment higher-education cleantechUniversity of California students have waged a long-running campaign to divest the school’s $13.4

Global Power Sector Embracing Renewables but Ditching Fossil Fuels Too Slowly

GreenTechMedia

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Even utilities with aggressive renewables programs still have large portfolios of fossil fuel assets.

UK Pensions Minister under fire over fossil fuel divestment stance

Business Green

More than 60 civil society leaders including MPs, climate experts, faith leaders and local councillors have signed an open letter accusing the Pensions Minister Guy Opperman of backing continued investment in fossil fuels.

Guardian halts fossil fuel advertising

Business Green

The Guardian has today become the first major global news organisation to announce a ban on advertising from oil and gas companies, despite the fossil fuels industry's role as a major advertiser and the media outlet admitting it faces a "precarious" financial future. The newspaper said the block on advertising amounts to an "outright ban" on the media group taking money from companies that extract fossil fuels.

Southeast Asia's dependence on fossil fuel subsidies 'like crack cocaine’

Eco-Business

If this region is to wean itself off fossil fuels, it must drop subsidies to allow renewables to flourish, experts said at Singapore International Energy Week

Fossil Fuel Industry Engaging in 'Pervasive Fraud' that Threatens Global Economy, Report Warns

DeSmogBlog

Read time: 5 mins Warning of an impending financial implosion driven largely by fossil fuel industry deception, a recent report calls on fossil fuel insiders and other potential whistleblowers to help expose and prosecute this fraud.

European Renewables Just Crushed Fossil Fuels. Here’s How It Happened

Forbes Green Tech

It’s official: in the first half of 2020, for the first time, Europe generated more electricity from renewable sources than from fossil fuels. Energy /energy Business /business Energy /energy Innovation /innovation Green Tech /green-tech Editors' Pick editors-pick business business