Funding Failure: U.S. Carbon Capture and Fossil Hydrogen Subsidies Exposed
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.
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.
“The UK wants to call itself a climate leader but today Keir Starmer failed to match strong words with a strong plan of action."
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...
As COP29 enters its sixth day, negotiators release the latest draft text for the new climate finance goal (NCQG). A critical opportunity emerges to secure real climate action through public grants rather than problematic private finance schemes.
At a COP29 press conference, the United Kingdom, Colombia, and New Zealand announced they are joining the Dutch-led Coalition on Phasing Out Fossil Fuel Incentives (COFFIS) launched at COP28. While Civil Society Organizations applaud the growing membership, they urge all members...
Rio de Janeiro, Brazil - Today, UK Prime Minister Starmer and Brazilian President Lula launched the Global Clean Power Alliance (GCPA) at the Brazil-led G20. The initiative focuses on supporting emerging and developing economies with building out clean energy, including...
"The draft climate finance deal is a mixed bag with good, bad and ugly options. Rich countries now have a last chance to step up to pay the climate debt they owe to the Global South and unlock a fair...
Australia fulfills Clean Energy Transition Partnership (CETP) pledge made a year ago at COP28 climate summit in Dubai Australian government institutions can no longer use government-backed finance to fund fossil fuel projects abroad Australia’s new policy boosts next week’s OECD...
Norway, a major oil & gas-producing nation, fulfills Clean Energy Transition Partnership (CETP) pledge made a year ago at COP28 climate summit in Dubai Norwegian government institutions can no longer use government-backed finance to fund fossil fuel projects abroad Norway’s...