It’s the Treaty you have never heard of. But it’s the one that could affect your future and your children’s future.
A new scientific study has concluded that in 2018, pollution linked to the burning of fossil fuels killed nearly nine million people that year. In perspective that’s one in five people who died globally in 2018.
As Big Oil loses billions, the global ratings agency, S&P has announced it was placing ExxonMobil, Chevron, Shell and Total on a so-called “credit watch”.
Whereas Big Oil bosses still continue a strategy of climate denial, the majority of oil workers would switch to jobs in the renewable industry.
A letter from leading businesses, scientists and activists demands “bold, not incremental, action” is required from the International Energy Agency on climate change. Hopefully, Dr. Birol and the IEA are listening. For all our futures may depend on their report next month.
What America needs is a comprehensive vision for energy security, one that goes beyond fossil fuel independence. This plan should entail sustained investment in alternative fuel sources and technologies… If the United States really wants to be energy independent, it must look toward preparing for a post-oil future.”
“Fossil fuels have lost,” argues Eddie O’Connor, chief executive of Irelands’s Mainstream Renewable Power company, before adding: “The rest of the world just doesn’t know it yet.”
It’s a small simple chart which has a huge significance for Canada and the climate.
A report from HSBC suggests BP, Shell and Norway’s Statoil could lose some 40 and 60 per cent of their market value if “unburnable carbon” scenarios are put in place.
Our latest report finds that global fossil fuel production and consumption subsidies are at least $775 billion annually and could be $1 trillion or even more. There is an urgent need for transparency in subsidy reporting.