Today is Shell’s AGM, where the company will try and spin to its shareholders and the wider public that it is leading the climate fight and race to net zero. But its all a climate charade. Its all a lie.
Paris Aligned
As killer heat continues, Dr. Jim Hansen slams “hypocritical” UK Gov. over proposed new oil field
The godfather of climate science, Dr James Hansen and fourteen environmental groups have called on the UK Government to “resolutely reject” the proposals to drill for oil and gas in the new Cambo field, which is west of Shetland, just months before the UK hosts the crucial COP 26 climate talks.
Production Gap Report: Governments must act now to wind down fossil fuels
A new report, published today by UNEP and other environmental groups, outlines the “Production Gap”, the discrepancy between countries’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C.
“Bold, not incremental” post-COVID-19 action on climate is urgently required from IEA
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.
Risky Wager: The IEA’s Bet on Fossil Gas and the Need for WEO Reform
The latest climate science and rapidly changing energy markets indicate the need to rapidly shift away from fossil gas, yet the IEA mistakenly presents gas as compatible with a decarbonized future. This policy brief brings together the latest energy market research with the need for reform of the World Energy Outlook.
New Briefing: IEA Ignores Climate Reality with Industry-Friendly Outlook for Gas
With its over reliance on natural gas, the IEA’s World Energy Outlook (WEO) promotes an energy scenario that will exhaust a 1.5°C carbon budget by the early 2030s.
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.
The devil is in the details: Oil Change International response to reports of IEA movement on a 1.5°C scenario
We’re glad to hear that the IEA is starting to respond to the growing demands from business leaders, government leaders, and civil society members to align its scenarios with Paris. However, the devil is in the details as to whether or not such a scenario from the IEA should earn our applause, and we must withhold judgment until more details are released.