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"Today’s Action Plan sends an important signal that countries must go further, and agree on an ambitious wider NCQG here in Baku.”
New data analysis exposes how big oil and gas companies’ "Decarbonization Charter," launched at COP28, is a dangerous distraction from the urgent need to rapidly phase out fossil fuels.
Follow along for the most important events, press conferences, and developments on Day 2 of COP29, where negotiations begin amid geopolitical shifts and critical decisions on climate finance, fossil fuel phaseout, and U.S. climate policy.
The announcements shared at today’s Summit on Methane will be used to justify selling American LNG to countries around the world under the guise of it being “clean. But phasing out fossil fuels is the only way to reduce climate pollution at the scale the climate crisis demands.
“The UK wants to call itself a climate leader but today Keir Starmer failed to match strong words with a strong plan of action."
"Using a climate conference to promote the continued production and use of fossil fuels is deeply contrary to everything the COP is about as well as provocative, and deeply disrespectful to the countries on the frontline of climate impacts.”
Today, the Court of Appeal in The Hague delivered its judgment in Milieudefensie v. Shell. It established that the oil and gas giant has a legal responsibility to reduce its emissions, but it rules that it cannot derive a specific emission reduction obligation for Shell. The court noted that climate goals can only be met if production of oil and gas is curtailed. This creates an important opening for future climate litigation targeting fossil fuel companies based on their investments.
Follow along for the most important events, press conferences, and developments on Day 2 of COP29, where negotiations begin amid geopolitical shifts and critical decisions on climate finance, fossil fuel phaseout, and U.S. climate policy.
By trying to ram through loose standards for dangerous carbon crediting mechanisms behind closed doors, the Supervisory Board is handing Big Oil a gift and setting course for climate disaster. Under these sham guidelines, speculative so-called “carbon removal” technologies and “carbon capture” schemes led by oil and gas companies could be counted as carbon offsets – even if in reality they increase climate pollution.
“If John Podesta and President Joe Biden are committed to doing everything possible to continue climate progress despite Donald Trump’s re-election, this moment demands a bold agenda that goes beyond locking in clean energy gains and takes real action toward a just transition off fossil fuels."
