The IEA is finally taking a major step towards living up to its ambition to lead the clean energy transition.
Yesterday’s violent insurgency at the U.S. Capitol and a number of state capitals, provoked and supported by Donald Trump and his enablers in Congress and the Executive Branch, was reprehensible.
Nearly 400 groups called on President-elect Joe Biden to sign an executive order to confront the climate emergency with the full power of the executive branch as soon as he takes office.
Over 500 climate, conservation, Indigenous, religious and business groups sent President-elect Joe Biden text for a proposed executive order to ban new fossil fuel leasing and permitting on federal public lands and waters.
The United Kingdom’s prime minister, Boris Johnson, will commit to end the UK’s overseas fossil fuel financing “as soon as possible” at the Climate Ambition Summit. The phase-out of oil, gas, and coal financing applies to aid funding, trade promotion and export finance provided by UK Export Finance (UKEF), the institution that has come under scrutiny for its USD 1 billion investment in a controversial LNG project in Mozambique and for considering to finance the equally controversial East African Oil Pipeline.
Today across the nation, activists in 60 cities and 25 states plan to utilize COVID-safe and creative ways to deliver letters calling on major banks to distance themselves from the funding of the toxic Keystone XL and Enbridge’s Line 3 tar sands pipelines.
The Danish Government just announced the cancellation of the 8th North Sea licensing round, a ban on future offshore licencing (following an onshore ban in 2018), and a ban on all offshore production by 2050. Hannah McKinnon of Oil Change International responded as follows.
With the expected re-entry of the United States into the Paris Climate Agreement, the Biden administration is required to update the U.S. pledge for 2025 by formally submitting a 2030 pledge towards the global effort. To inform this contribution, U.S. Climate Action Network released an analysis of “fair share” country contributions with a particular focus on the United States.
Today development banks signed a joint declaration at the first global summit of development banks, Finance in Common. Before the summit, the UN Secretary General, youth climate activists, and over 300 civil society organisations all urged development banks to act to end fossil fuel investments. However, the joint declaration only includes a vague commitment to “consider” ways to reduce fossil fuel investments.
Stop the Money Pipeline, a coalition pushing financial institutions to end support for the fossil fuel industry, sent a letter to the Biden/Harris transition team urging strong climate action criteria regarding appointments to financial regulators and the Treasury Department.