In the UK, despite hundreds of millions being spent and no commercial projects in operation, a further £25 billion has been promised in new subsidies for Carbon, Capture and Storage (CCS) and Hydrogen. This is greater than the supposed £22...
Today G20 Foreign Affairs, Finance, and Environment Ministers released a communique following their final meeting as the Task Force on a Global Mobilization against Climate Change (TF-CLIMA)
Despite the abundant evidence of carbon capture and fossil hydrogen's failures, the US subsidizes them to the tune of $12 billion - more than any other country.
Follow along for the most important events, press conferences, and developments on Day 1 of COP29, where negotiations begin amid geopolitical shifts and critical decisions on climate finance, fossil fuel phaseout, and U.S. climate policy.
“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...
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.
Big oil and gas companies’ voluntary “Decarbonization Charter,” launched at COP28, is a dangerous distraction from the urgent need to rapidly phase out fossil fuels. New data shows Charter members have approved massive oil and gas expansion plans since signing...
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.
For the first time in three years of negotiations towards the new climate finance goal due at the end of COP29, we finally have a draft text that includes options for rich countries to pay the scale and quality of...
As Finance Day begins at what's being called the 'Finance COP,' negotiators face a stark choice: deliver public grants at the trillion-dollar scale needed for a just transition away from fossil fuels, or rely on inadequate private sector mechanisms that...
