TC Energy just confirmed what we already knew but it’s a thrilling reality all the same — the Keystone XL pipeline is no more and never will be. This is yet another huge moment in an historic effort.
API is not to be trusted when it comes to climate and energy policy. They have stood in the way of climate action for decades, and continue to spout myths in order to protect the bottom lines of its Big Oil and Gas members.
Today, 353 organizations from 58 countries released a letter calling on G7 leaders to stop financing fossil fuels; cancel debt payments in global South countries grappling with COVID-19 and climate impacts and pay their fair share of climate finance to global South countries for climate adaptation among other demands.
The Republican plan not only refuses to end massive public giveaways to the fossil fuel industry, but also foists the cost on the American public through user fees rather than repealing Trump and the GOP’s tax cuts for billionaires and rich corporations. This plan is a joke.
It has been a terrible, horrible, no good, very bad week or so for Big Oil…and that’s a very good thing for our climate. Let’s recap: Last week, the International Energy Agency released the groundbreaking “Net Zero by 2050” report, which they described as “world’s first comprehensive study of how to transition to a net zero … Read More
The IEA’s new 1.5°C-aligned scenario finds “no need for investment in new fossil fuel supply.” This represents a break from past IEA reports that boosted new oil and gas development by focusing on scenarios that steered the world towards catastrophic levels of warming. This is a big step in the right direction.
True climate leadership requires a full reckoning with the realities of what’s driving our climate crisis: fossil fuels. Without a robust plan from rich countries in particular to ramp down fossil fuel production and ramp up support for communities for a just transition to a renewable energy economy, any conversation about ‘climate leadership’ is incomplete at best, or misleading at worst.
The only reasonable conclusion to the process of reforming the federal oil and gas program is for leasing to come to an end.
Eight main street U.S. banks have substantially increased their investment in the troubled Mountain Valley fracked gas pipeline project, updated analysis by Oil Change International revealed today.
Limiting warming to 1.5ºC is both urgent and possible, but governments and investors alike need pathways that allow them to plan for success, not further entrench fossil fuels.