A Dying Industry is Leaving A Deadly Legacy
The oil industry maybe dying, but it will still pollute us for decades after its death.
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Global Climate Groups Issue Guidance to Financial Institutions on Aligning with Paris Agreement Goals
A global set of 60 climate and rights groups has issued a set of "Principles for Paris-Aligned Financial Institutions" to offer a roadmap for the decarbonization of the finance sector on a timetable aligned with the Paris Agreement.
Hothouse US: Catastrophic fires spreading smoke from the West; Five Cyclones to the East
The deadly future that scientists warned us about is here. For years, climate scientists modeled how if we made the earth hotter, that heat had consequences. Unrelenting heat dries vegetation and makes it more likely to burn. It warms the...
As U.S. fires rage on, scientists warn climate change “has not stopped for COVID-19”
Large parts of the American West are currently on fire. Hundreds of homes have been destroyed. At least seven people are dead in different states. An unknown number are missing. Tens of thousands remain under evacuation orders.
Fossil fuel “fraud” regarding climate risks is a “ticking time bomb” to financial system
A new report argues that "widespread deception by fossil fuel executives regarding the financial risks of climate change, represents a ticking time bomb that, if not addressed, could contribute to worldwide economic devastation.”
It’s not just oil that’s in trouble: “Gas is over-supplied, over-hyped, and out of time”
"Shell has been a leader in peddling the gas myth for a decade or more, and it’s now clearer than ever that gas is over-supplied, over-hyped, and out of time.”
COVID-19 crisis accelerating “long-term decline of coal”
Even before the current COVID-19 crisis, coal was in trouble due to its high carbon content, coupled with high costs. But COVID-19 is accelerating that decline. And once coal is gone, it is not coming back.
“Bold, not incremental” post-COVID-19 action on climate is urgently required from IEA
A letter from leading businesses, scientists and activists demands “bold, not incremental, action" is required from the International Energy Agency on climate change. Hopefully, Dr. Birol and the IEA are listening. For all our futures may depend on their report...
Spain to join group of first movers off oil and gas
Spain’s supply-side measures are an important signal that climate leadership needs to be defined by a willingness to address the root causes of fossil fuel lock-in.
“Oil is dead”: Post COVID-19, there’s no way back for Canada’s tar sands
The Canadian Green Party's parliamentary leader, Elizabeth May, said last week: "My heart bleeds for people who believe the sector is going to come back. It's not. Oil is dead and for people in the sector, it's very important there...