DeSmogBlog

OCTOBER 18, 2021

Bank bosses due to attend a green investment summit tomorrow head institutions which have provided over £700 billion of financing for the fossil fuel industry since the 2015 Paris Agreement, including £129 billion in 2020 alone. . JPMorgan financed £230 billion in fossil fuels between 2016 and 2020.

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Fossil fuels Investment Pollution Global warming 98

Business Green

AUGUST 23, 2022

Firms no longer permitted to promote petroleum and coal products and services in France under new climate law. Adverts promoting fossil fuel products and services have been banned in France, after a cornerstone of President Emmanuel Macron's green legislative agenda officially came into force yesterday.

Fossil fuels 101

Fossil fuels Law Hydrogen Europe 101

DeSmogBlog

MAY 13, 2022

A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers. The two pension funds have estimated holdings of $7.4

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Fossil fuels Investment Climate change Law 96

DeSmogBlog

APRIL 20, 2021

Last year, it committed to selling its multimillion-pound investments in oil and gas companies, after years of student campaigning, and more recently it launched an ambitious Sustainability Strategy. The university’s Committee to Review Donations and Research Funding should adopt a robust ethical policy and provide greater transparency.

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Fossil fuels Climate change Policy Ethics 97

DeSmogBlog

FEBRUARY 2, 2024

The Guardian and the Good Law Project also revealed today that EnQuest Heather, a subsidiary of EnQuest, had been awarded a new oil and gas licence. Jolyon Maugham, executive director of the Good Law Project told DeSmog that: “The Electoral Commission records these contributions as donations to the Conservative Party.

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Fossil fuels Africa Policy Law 139

DeSmogBlog

NOVEMBER 30, 2023

According to an analysis released today by InfluenceMap, over 80 percent of corporate policy engagement on CCS between 2021 and 2023 does not meet the Intergovernmental Panel on Climate Change’s science-based policy guidance, which includes recommended methods for limiting warming to 1.5°Celsius

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Fossil fuels Carbon Policy Climate change 108

DeSmogBlog

SEPTEMBER 27, 2023

Investor-state dispute settlement” (ISDS) mechanisms allow companies to sue national governments if they believe regulation or unfair competition is impeding their investments. ” Even the threat of such cases is having a chilling effect on public environmental policy, Boyd has found.

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Fossil fuels Climate change Law Investment 125

DeSmogBlog

FEBRUARY 15, 2024

The Climate Change Committee, the independent body that advises the government on its net zero policies, warned on 30 January that mixed messages, including new fossil fuel projects, have damaged the UK’s international climate standing. million in donations from fossil fuel interests and climate science deniers in 2022.

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Global warming Fossil fuels Climate change Policy 145

Business Green

MAY 19, 2020

Ambitious draft climate law would immediately ban new oil, gas and coal projects and end subsidies for fossil fuels. The draft law, which parliament must still approve, follows the Spanish government's declaration of a climate emergency earlier this year. per cent over the next decade.

Law 101

Law Government Fossil fuels Climate change 101

Energy Innovation

MARCH 29, 2024

policy interventions and subsidies are poised to address upfront vehicle costs. Strategic investments in EV adoption by institutions that can afford to incur that risk is one pathway to improving the overall affordability of EVs in the long term. The good news is that in the U.S., Klein et al.’s Source: Klein et al.,

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Electric vehicle Investment Electricity Carbon-negative 52

Business Green

MARCH 10, 2023

The text, which has been approved by ministers from all 27 EU nations , states that the bloc will "systematically promote and call for a global move towards energy systems free of unabated fossil fuels well ahead of 2050", alongside pushing for a peak in fossil fuel consumption in the near term.

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Fossil fuels Energy Monitor Building Energy Monitoring Business Energy Monitoring 36

DeSmogBlog

FEBRUARY 28, 2024

Chicago last week brought the newest lawsuit against Big Oil companies for spreading disinformation about the climate-warming hazards of burning fossil fuels — adding the third largest city in the U.S. to the growing list of state and local governments pushing for oil and gas majors to be held accountable in court.

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Fossil fuels Climate change Law Policy 120

DeSmogBlog

DECEMBER 12, 2023

As negotiations at the COP28 climate talks in the United Arab Emirates head into overtime, oil and gas interests are aiming to exclude a fossil fuel phase-out from any final deal by promoting carbon capture and storage (CCS) as a viable climate solution. “Every investment in CCS provides a lifeline to the fossil fuel industry.”

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Fossil fuels Carbon Natural gas Technology 91

DeSmogBlog

MAY 26, 2021

Inadequate bonding requirements means there is a serious gap in available funding to properly clean up after the fossil fuel industry. We’ve made policy choices in boom times that have really exacerbated our over-dependence on oil and natural gas revenues,” Jimenez told DeSmog. Well pad near Roswell, NM. Credit: BLM. (CC

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Fossil fuels Natural gas Education Health 98

Business Green

MARCH 4, 2020

EU Commission President Ursula von der Leyen claims law will see net zero taken into account 'in all future policy and legislation'. A Europe-wide 'Climate Law' that would legally require all EU members to build net zero economies by 2050 has been unveiled today by the European Commission as the key pillar of its Green Deal vision.

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Law Policy Europe Carbon-neutral 81

GreenBiz

DECEMBER 16, 2020

Pollution, poverty and race collide in many other disadvantaged communities across California — and the country — and some argue that the state’s climate policies haven’t helped. And they have suffered collateral damage from the harmful pollutants produced by using fossil fuels. To many, cap and trade highlights a contradiction.

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Pollution Building Energy Monitoring Energy Monitor Policy 427

GreenBiz

JUNE 23, 2020

We are presented with a rare opportunity to invest in new innovations, rebuild our data and power infrastructures and supply chains to restore and strengthen the economy while healing the environment. Government policies that stimulated the growth of solar accounted for 60 percent of that price decline. Back to normal is not an option.

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Incubators Incubators Resilience Innovation 462

Front And Centered

MARCH 26, 2024

The following is a statement by the Front and Centered Coalition Leadership regarding I-2117: The campaign to repeal these recently enacted laws represents a reckless and bad faith effort by a wealthy individual and his politics of despair and division to undermine well-intentioned policy for the environment, education, and healthcare.

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Pollution Law Politics Investment 52

Energy Innovation

FEBRUARY 5, 2023

By Olivia Ashmoore This week, Energy Innovation Policy & Technology LLC® and RMI published 48 state Energy Policy Simulator (EPS) models. The free, open-source, peer-reviewed, and nonpartisan EPS model empowers users to analyze the effects of hundreds of climate policies. climate goals. climate goals.

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Policy Innovation Technology Methane 52

DeSmogBlog

MARCH 19, 2024

Smith, a well-known climate change denier and fossil fuel sector advocater , nonetheless announced a series of new regulations critics say would ban wind turbines from much of the southern half of the province. Renewable energy is far less damaging to the environment and wildlife than fossil fuels,” said Luo.

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Agriculture Fossil fuels Climate change Wind power 85

GreenBiz

JULY 2, 2020

For Shalanda Baker, a professor of law and public policy at Northeastern University, thinking about a clean energy future means thinking about the daily, weekly and sometimes invisible ways that people in deprived communities can control their power supply. Making sure policies are embedded in them is really important.

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Energy Monitor Energy Energy Policy 468

DeSmogBlog

SEPTEMBER 30, 2021

It’s not such an unusual thing to think if you don’t think through how the money works,” Suzanne Mattei, an energy policy analyst with the Institute for Energy Economics and Financial Analysis (IEEFA), told DeSmog. They’ve got a guaranteed return on their investment.”. The ratepayers are paying for it,” Mattei said.

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Fossil fuels Natural gas Construction Law 98

Business Green

JUNE 7, 2021

Investment in clean energy from fossil fuel majors saw a marked uptick during the pandemic in 2020, research suggests. Well, there are a growing signs that some may be at least starting to quietly plot their future beyond fossil fuels. per cent of their total capital expenditure in 2020.

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Fossil fuels Demand Climate change Investment 41

Charged

FEBRUARY 21, 2023

Federal incentives and—particularly in California—state programs have been a major enabler for transit agencies to phase out fossil fuel-burning buses. The Infrastructure Investment and Jobs Act, which became law in November of 2021, has made historic levels of funding available. In 2022, more than $1.6

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Hydrogen Fossil fuels Batteries Law 140

Front And Centered

AUGUST 29, 2022

The other bright spot—which is not traditionally considered climate policy but does make up a key part of the Just Transition—is that the IRA contains baby steps to curbing the systemic advantage of large corporations. We cannot rely on subsidizing energy corporations—some perhaps double-dipping in dirty energy — to displace fossil fuel use.

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Fossil fuels Law Pollution Resilience 97

Business Green

MARCH 29, 2023

The regulation, which will come into force in 20 days' time, strengthens the interim 2030 emissions reduction target automakers in the EU have to meet, as well as enshrines the 2035 phase-out date into law. Stick to the 2035 date, and no concessions for e-fuels. Our asks are simple.

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Fossil fuels Carbon-neutral Packaging Electric vehicle 38

DeSmogBlog

MAY 25, 2023

Hoboken is making this claim against fossil fuel companies under the state-level equivalent of the Racketeer Influenced and Corrupt Organizations (RICO) Act, a federal law used successfully to prosecute organized crime groups such as the Mafia starting in the 1970s and later the tobacco industry. Credit: U.S.

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Fossil fuels Global warming Climate change Law 98

DeSmogBlog

JULY 27, 2023

To top it all off, the claim in the tagline promotes the perception that ExxonMobil, and fossil fuel companies more generally, are “part of the solution.” This is what experts refer to as a prime example of corporate greenwashing. Corporate greenwashing is not only effective, it’s also increasing. That’s how PR strategies work.”

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Pollution Fossil fuels Law Carbon-negative 87

Renewable Energy World

FEBRUARY 4, 2022

When Chicago-based Invenergy scored $3 billion from global asset manager Blackstone in January, it was one of the largest renewables investments in North American history. In another instance, Goldman Sachs announced it would invest $250 million in Hydrostor’s energy storage projects. What’s driving the increase in investment?

Fossil fuels 112

Fossil fuels Investment Policy Energy 112

Business Green

MAY 14, 2020

Government's response to Covid-19 is an indicator of inevitable disruption ahead from exacting climate policies, warn PRI and Climate Works Foundation. But there is good reason to believe that the shape of the policy response to climate change will have more in common with a pandemic 'lockdown' than is immediately apparent.

Investment 101

Investment Climate change Policy Fossil fuels 101

DeSmogBlog

JULY 21, 2023

As lawsuits mount against the fossil fuel sector for decades of sowing climate disinformation, the PR and ad agencies , banks , institutional investors , and law firms that work with the industry are also facing increased scrutiny. This overlap raises conflict of interest concerns, experts say.

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Fossil fuels Building Energy Monitoring Energy Monitor Solar Energy Monitor 74

Greentown Labs

NOVEMBER 18, 2020

At our first-ever Climatetech Summit this November, we brought together a range of climate champions to build a coalition for climate action, and dig into the capital, legislation, resources, and equity work we must invest to help this wave of technology reach its full potential. Kathleen A. “We can’t push it off until next year.”

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Policy Fossil fuels Startups Climate change 69

Business Green

JANUARY 18, 2022

During this period the Environment Act - soon to be underpinned by environmental improvement targets - came into law and a host of critical strategies were published, such as the Net Zero Strategy , Heat and Buildings Strategy , Transport Decarbonisation Plan , Waste Prevention Programme and the Green Finance Roadmap.

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Policy Government Investment Carbon 73

Renewable Energy World

JULY 28, 2021

Thus, only when augmented by affordable grid storage can renewable technologies such as solar and wind successfully compete with fossil fuel-based energy production. Per the IEA’s World Energy Investment 2021 report, energy storage was already losing momentum at the beginning of the COVID? As previously highlighted, in the U.S.,

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Batteries Investment Technology Startups 111

Low Carbon Prosperity

NOVEMBER 27, 2018

Evaluating regulations, subsidies, pricing mechanisms, and hybrid policies. The latest, most urgent call to action from the IPCC has increased attention on policies to reduce CO2 emissions and enhance carbon sequestration. Regulation: The most effective carbon reduction policy option is regulation.

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Policy Carbon-neutral Carbon Pollution 72

DeSmogBlog

JANUARY 25, 2022

The European Union’s scientific and political communities are locked in a battle over whether gas and nuclear can be considered green investments. It’s a “green investment guidebook,” said Henry Eviston, spokesperson on sustainable finance at WWF European Policy Office. And that is exactly what is happening for fossil gas.”.

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Investment Sustainability Fossil fuels Carbon-neutral 92

Renewable Energy World

JUNE 16, 2021

The expected decreased demand for fossil fuels, coupled with the falling costs associated with renewable energy projects, are driving major oil and gas companies – including bp, Total and Shell – to actively restructure their businesses to add more renewable power projects to their portfolios. Have you read?

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Fossil fuels Solar Power Wind power Natural gas 126