This briefing, “Japan’s Dirty Secret: World’s top fossil fuel financier is fueling climate chaos and undermining energy security,” reveals that Japan is the world’s largest public financier of fossil fuel projects, providing 10.6 billion USD per year between 2019 and 2021. Japan has been leading the drive to expand gas consumption in Asia and is the world’s leading financier of gas infrastructure globally, spending USD 6.7 billion on gas projects on average each year between 2019 and 2021.
To coincide with the “GX Week” in Japan, a network of civil society groups from across the region and Global South have come together to call for Japan to stop financing false solutions and delaying the just transition to clean energy.
The solution to both the US and UK decisions to stop importing Russian oil and gas is not to drill for more oil, either in the US or UK – something the fossil fuel industry and its supporters are already arguing. It is to invest in renewables and alternatives such as heat pumps and weatherization.
A new investigation by Global Witness has examined Shell’s landmark Quest CCS project in Canada, which captures the CO2 from the company’s dirty tar sands operations. According to Global Witness, the Quest plant “is in fact emitting more than it is capturing.”
Just days before COP26, Australia’s long-awaited climate plan has been slammed by civil society, scientists and opposition politicians as void of substance and full of spin.
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?
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.
It is time to kick the polluters out of the UN climate negotiations. They should have been kicked out decades ago. But it needs to happen now. Once and for all.
Just as the people of the Niger Delta have been demanding justice from Shell for decades, many of us have been demanding climate justice for decades too. But the hour glass has nearly run dry. The time to act is now. We cannot allow another COP to pass with just empty promises.
As the COP21 climate negotiations go down to the wire in Paris tonight, the UN Secretary General Ban Ki-moon has said the talks have been the most complicated and difficult he has ever been involved in.