Pressure builds on Biden after EU promises to act on fossil fuel subsidies
President Joe Biden has made good start on climate change. But one area that the President is coming under pressure is to take action over fossil fuel subsidies and finance.
Read the latest insights and analysis from the experts at Oil Change International.
President Joe Biden has made good start on climate change. But one area that the President is coming under pressure is to take action over fossil fuel subsidies and finance.
And so as President Biden sets to work on his programme for his first 100 days, there is increasing hope for significant on climate change rising from the toxic legacy of the Trump Administration.
There are numerous press reports that Biden plans to scrap the highly controversial $9 billion Keystone XL pipeline on his first day in office.
From a climate perspective, Trump’s presidency was a disaster. The world burned on Trump’s watch
Pressure is growing on prominent oil companies, such as Exxon and Chevron, to cut financial ties with key Republican members of Congress who have adopted Trump’s false narrative that the election was somehow stolen.
Despite the pandemic, 2020 was the joint warmest year on record. Meanwhile the last decade 2011-2020 was the warmest decade ever recorded.
Welcome to 2021, which we hope will be a year of transformative change and unstoppable momentum on climate change, culminating in COP26, the crucial climate conference in Scotland at the end of the year.
As Shell faces a climate lawsuit in the Dutch Court this month, this blog takes a closer look at Shell's climate ambition alongside its fossil fuel production plans. Yet again, it becomes clear that Shell is on a collision course with a safer climate.
“Of course, when the clock strikes midnight to turn to January 1, 2021, the world won’t instantly be cured of either COVID or our fossil fuel addiction. But, nevertheless, as we look towards 2021, there is hope on the horizon."
Before Saturday, it is simple. Boris should be brave. He should cancel overseas fossil fuel finance. But he should do more. To encourage others to do the above, he should also follow Denmark’s lead and cancel the next round of oil and gas licensing, and end all future exploration in the UK North Sea.