New research published yesterday by the UK-based Global Justice Now has revealed that fossil fuel firms are suing governments for $18 billion arguing that action on climate change has affected their profits.
Author: Andy Rowell
Climate Momentum: More banks pull out of controversial East African pipeline
Under pressure from civil society, eleven banks have now confirmed that they will no longer fund the controversial East African Crude Oil Pipeline.
Critics question viability of world’s largest carbon sucking plant
The latest techno-fix to try and reduce carbon dioxide emissions has gone live in a remote, bleak landscape of Iceland. But will it help fix our climate crisis?
As COP 26 Host, UK Gov. drops climate commitments from trade deal with Oz
The British Government is coming under increasing pressure over its hosting of the COP26 climate conference to be held in Scotland in November.
With the East flooded & West burning, Biden opens up 80 million acres for drilling
With parts of the Eastern US flooded and West burning, the Biden Administration has lost a court case, forcing it to open up 80 million acres for drilling in the Gulf of Mexico.
Devastating Hurricane Ida “made worse by climate change”
Our warming world is to blame for the sheer, power and size of storms such as Hurricane Ida, say experts.
Tinkering whilst Rome burns: the Dirty Dozen central banks fuelling climate chaos
Central banks could play a critical role in catalyzing the rapid shift of financial flows away from oil, fossil gas, and coal, and toward the zero-carbon solutions required to confront the climate crisis. To date, however, this is still not happening.
Exxon’s offshore drilling in Guyana could release 2 billion tonnes of CO2
A great new investigation by a wonderful old colleague of mine, Antonia Juhasz for Floodlight News and the Guardian, has found that Exxon’s operations in Guyana will send more than 2 billion metric tons of carbon dioxide into the atmosphere.
#ClimateCrisis: New study shows Gulf Stream on “verge of collapse”
New research, published in Nature Climate Change, has found “an almost complete loss of stability over the last century” of the ocean currents known as AMOC or more commonly the Gulf Stream. The currents are already at their slowest point for 1,600 years. But scientists worry that AMOC could be reaching a tipping point, leading to a total collapse.
False solutions: To achieve net zero, carbon offsetting would use up all global farmland
In the coming months in the run up to the crucial climate talks, COP26 in Scotland, there will be a slew of false solutions on climate change announced, whether carbon, capture and storage (CCS) or carbon offsetting.