Investors often use the WEO to assess energy investments. Contrary to the IEA’s claims, its ‘Sustainable Development Scenario’ (SDS) is not aligned with the Paris goals.
The twin challenges of air pollution and climate change demand a rapid transition away from fossil fuels, and a particularly rapid phase-out of coal-fired power plants. Despite this, the Korean government continues to be among the biggest backers of coal-fired power plants around the world.
Investor briefing, October 2018 Co-published with Greenpeace Download the briefing The IEA scenarios — including the Sustainable Development Scenario (SDS) — fall short of the Paris Agreement goals and therefore don’t actually answer the question investors are asking, namely: are companies prepared for a world that takes the Paris Agreement seriously? The SDS is not providing an … Read More
Ireland is on course to miss both its short-term climate commitments within EU legislation, and its long-term target of reducing greenhouse gas emissions from the energy sector by between 80 and 95 percent by 2050. Expanded gas extraction will only make it more difficult to achieve these goals, and must be avoided in order to achieve a safe climate future.
Empty Promise: US Bank Continues Pipeline Finance Published by Oil Change International in partnership with Indigenous Environmental Network, Earthworks, Greenpeace, MN 350, and Rainforest Action Network, April 12, 2018 Download the briefing Following waves of pressure over the controversial Dakota Access Pipeline (DAPL), US Bancorp (US Bank) CEO Andrew Cecere won praise from Indigenous rights and … Read More
How the IEA Guides Energy Decisions Towards Fossil Fuel Dependence and Climate Change
This briefing outlines compelling reasons for investors to question whether TransCanada should proceed with Keystone XL given various obstacles facing its construction and commercially viable operation, and suggests questions institutional financiers may wish to ask TransCanada.
The proposed Jordan Cove LNG export terminal and Pacific Connector pipeline would be a substantial source of climate pollution for decades to come. This briefing provides an estimate of the project lifecycle emissions and provides the climate rational for rejecting the proposed project.
To have any hope of meeting globally-agreed climate goals, global financial flows must rapidly align with low-emission, climate-resilient development, and government-backed public finance institutions like the World Bank must signal this transition.
This analysis provides five clear reasons why fossil gas is not a “bridge fuel.” It shows that even with zero methane leakage, gas is not a climate change solution.