The world is on track to produce about 120 per cent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5 degrees, and 50 per cent more than would be consistent with limiting warming to 2 degrees.
fossil fuel subsidies
Canada to Trudeau: We expect more on climate
Yesterday, millions of Canadians headed to the polls and knocked the Liberals’ majority government down to minority status. This was a clear signal to Prime Minister Justin Trudeau and his party that voters expect more and better action from a Liberal government to confront the climate crisis.
EU’s lending arm wants more pipelines and the Paris Agreement – it can’t have both
The European Investment Bank (EIB) is the world’s largest multilateral lender, bigger even than the World Bank. As a public bank, it’s tasked with providing finance in the EU public interest, and it has an outsized influence on the EU’s energy system because of the private investment it can “crowd in” and the sheer amount of money it has at its disposal.
UK: Child poverty the “new normal,” as oil industry gets billions in subsidies
We live in a climate emergency, British children live in poverty in record numbers. Young people rightly care about climate change in ever increasingly numbers. It does not have to be this way. The solution is there, we just need the political will to make it happen. We need a just transition now.
Sea Change: Climate Emergency, Jobs and Managing the Phase-Out of UK Oil and Gas Extraction
This new report reveals, for the first time, the climate impact of North Sea oil and gas extraction, and shows the way to a job-creating energy transition. To deal with the climate emergency, the UK needs to immediately stop approving new oil and gas drilling and redirect support to clean jobs and renewable energy.
UK Parliamentarians call for “radical action” placing climate change at centre of aid spending
An influential British parliamentary committee has castigated the UK Government – which is paralysed by Brexit – for failing to respond adequately to the climate crisis as well as failing to reflect the urgency of that crisis in the way it funds development and climate-related projects abroad.
As one million species head for extinction, urgent need to tackle climate change & biodiversity loss
“Nature is declining globally at rates unprecedented in human history — and the rate of species extinctions is accelerating, with grave impacts on people around the world now likely”
Hey: Prime Minister Abe, Climate Leaders Don’t Fund Coal
The message in today’s Asian Financial Times is simple: climate leaders don’t fund coal.
Budget 2019 Reaffirms Canada’s Commitment to Remove Subsidies to Oil & Gas, Yet Offers New Handouts to the Sector
Despite moderate progress in the 2017 budget, Canada remains the largest provider of fiscal support to oil and gas production in the G7 relative to the size of its economy.
Instead of Funding Fossil Fuels Overseas, UK Gov. Urged to Declare “Climate Emergency”
Tomorrow Greg Muttitt, the Research Director at Oil Change International will give evidence to the UK’s parliamentary Environmental Audit Committee, which is investigating the scale and impact of UK Export Finance’s financing of fossil fuels in developing countries.