For anyone in the oil and gas industry, there is only one place to be this week. The great and good of the industry has converged on Houston for CERAWeek, which bills itself as the world’s premier energy event.
False Solutions
Response: New Carbon Capture Subsidy Bill Would Prolong Fossil Fuel Industry’s Power
“CCUS is a dangerous distraction from rapidly and equitably phasing out fossil fuels. Giving more public money to prolong Big Oil’s political power and profits is the wrong approach and a poor use of public funds,” said Collin Rees.
Japan’s Dirty Secret: World’s top fossil fuel financier is fueling climate chaos and undermining energy security
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.
Civil society condemns Japanese Government’s “GX Strategy” for being “soaked in fossil fuels”
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.
As US and UK move to wean themselves off Putin’s gas, it’s time to invest in renewables
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.
Shell’s landmark Canadian CCS project “emitting more greenhouse gases than it is capturing”
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.”
Australia’s climate plan dismissed as meaningless spin and “too little, too late”
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.
Critics question viability of world’s largest carbon sucking plant
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?
False solutions: To achieve net zero, carbon offsetting would use up all global farmland
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.
Week Two: UN Climate Talks Need to ‘Kick Polluters Out’ Now
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.
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