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Report: As Climate Crisis Expands, Canada Still Hands Billions to Fossil Fuel Industry

DeSmogBlog

billion supporting the fossil fuel and petrochemical industry. To put that in context, Environmental Defence’s “Canada’s Fossil Fuel Funding in 2023” report estimates that the Canadian government’s accumulated subsidies to the oil and gas sector over the last four years was at least $65 billion.

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Green hydrogen held back by lagging policy support and rising cost pressures

Envirotec Magazine

The report suggests steps for governments to take, to reduce risk and improve the economic feasibility of low-emissions hydrogen. Interest in new hydrogen projects remains strong but economic headwinds “will challenge the resolve of developers”, says a new report by the International Energy Agency (IEA).

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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.".

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Most EU Hydrogen Projects Risk Prolonging Use of Fossil Fuels

DeSmogBlog

The European Commission is facing calls to assess the climate impact of scores of proposed hydrogen projects after data revealed that 90 percent of them could be used to prolong the use of planet-warming natural gas. Climate change is accelerating and droughts and floods are hitting our continent,” she said. “The

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Mapped: Europe’s Fossil Fuel-Backed Hydrogen Lobby

DeSmogBlog

Hydrogen has shot up the European legislative agenda in recent years, with politicians of all stripes touting its potential to help countries meet their climate goals. The fuel comes in a variety of “colours”, depending on how it is produced, with almost all hydrogen currently created using fossil gas and termed “grey”.

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Fuel bills could rise 90% under Government’s hydrogen plans

Envirotec Magazine

Replacing gas with hydrogen for home heating would result in huge energy bill rises for households over the next three decades, a report by energy analysts Cornwall Insight appears to find. The report, commissioned by MCS Charitable Foundation, projects that hydrogen would cost 70-90% more than gas on average.

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