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Fossil Fuel

All articles tagged with #fossil fuel

energy-and-environment1 year ago

"Challenging the Anti-Renewables Agenda: Uncovering Efforts to Block Clean Energy Transition"

Climate-science deniers, right-wing think tanks, and fossil fuel interests are orchestrating a campaign to undermine the clean energy transition, particularly targeting offshore wind and solar projects. Using misinformation and fake experts, they are sowing doubts about renewable energy, such as falsely linking offshore wind farms to whale deaths. These efforts have led to opposition in communities and legal challenges, hindering the development of renewable energy projects. The tactics employed in Ohio against solar projects mirror those used against wind energy, revealing a coordinated effort to stall the transition to clean energy.

via Sierra Club|
#climate-change#disinformation#energy-and-environment
environment2 years ago

"Climate Activists Make Bold Statement by Spraying Brandenburg Gate Orange"

Environmental activists from the group Last Generation sprayed the iconic Brandenburg Gate in Berlin with orange and yellow paint, leading to the detention of 14 people on suspicion of criminal property damage. The group is demanding an end to fossil fuel use by 2030 and has called for renewed protests in the German capital. The German government, which has missed its climate protection targets for the past two years, aims for a climate-neutral economy by 2045. Berlin Mayor Kai Wegner condemned the protest, stating that it damages both the historic landmark and the free discourse on important issues.

via DW (English)|
#brandenburg-gate#climate-activists#environment
politics2 years ago

Bipartisan Effort to Overturn Anti-Fossil Fuel Measure in Biden's Climate Plan

A bipartisan coalition in the House has introduced the Promoting Domestic Energy Production Act, aimed at reversing a provision in President Biden's Inflation Reduction Act (IRA) that targets oil and gas producers. The legislation, authored by Reps. Mike Carey (R-Ohio) and Vicente Gonzalez (D-Texas), seeks to ensure that the oil and gas industry receives the same tax benefits as other capital-intensive industries. The provision in the IRA prevents oil and gas companies from receiving tax deductions on intangible drilling costs (IDC), resulting in higher taxes for the industry. The bill represents a bipartisan effort to address the issue and could potentially be included in a broader tax package.

via Fox News|
#bipartisan-coalition#climate-package#democrats
energy2 years ago

Global Coal Demand Continues to Soar, Reaching Record Highs

Coal consumption reached a record high of 8.3 billion metric tons in 2022, driven by its availability and relative affordability compared to gas. The International Energy Agency (IEA) reported that coal accounted for 36% of global electricity generation, with demand expected to remain near record levels in 2023. While coal demand declined in the United States and the European Union, China and India experienced growth, offsetting the declines. Coal is considered the dirtiest and most polluting form of energy production, contributing significantly to carbon emissions. The IEA emphasized the need for greater policy efforts and investments in clean energy and energy efficiency to reduce coal demand in rapidly growing economies.

via CNBC|
#coal-consumption#energy#environmental-impact
environment2 years ago

Biden's power plant rules spark concerns over US grid stability.

The Biden administration's proposed power plant regulations aim to reduce carbon emissions by requiring coal and large gas plants to capture or reduce 90% of their carbon dioxide emissions by 2038. However, the regulations could allow some fossil fuel infrastructure to continue operating without an end date in sight, leading to concerns from environmental justice leaders about localized air pollution. The regulations will undergo a public process before being finalized and will likely face legal challenges from industry groups and Republican-led states.

via NBC News|
#biden-administration#carbon-emissions#environment
environment2 years ago

US Government Takes Strong Stance Against LNG Projects and Fossil Fuels

The Biden administration has denied a permit for the transportation of liquefied natural gas (LNG) from Pennsylvania to New Jersey via railroad, dealing a blow to a billion-dollar energy infrastructure company's plan to build an LNG processing plant and export terminal. The decision was partly due to litigation and a settlement with environmental groups. The project has faced legal hurdles, and the company has agreed to halt construction of its processing facility indefinitely until it obtains a new air quality permit. Environmental groups have welcomed the decision and called on the transportation secretary to reverse the Trump-era rule allowing wide-scale LNG rail transportation.

via Fox News|
#biden-administration#environment#environmental-groups
environment2 years ago

Climate Activists Target U.S. Banks with Protests Ahead of Annual Meetings

Climate activists spray painted graffiti on Citigroup and Bank of America offices in New York, accusing the banks of being "climate criminals" a day before their annual shareholder meetings. The protesters represented groups that included Climate Organizing Hub, Extinction Rebellion, Green Faith, Oil and Gas Network and Stop the Money Pipeline. Pressure has been building on major U.S. banks to commit to stopping funding for new fossil fuel projects.

via Reuters|
#bank-of-america#citigroup#climate-activists
energy2 years ago

Court Ruling Halts Natural Gas Bans in Berkeley and Beyond, Southwest Airlines Experiences Delays.

The Court of Appeals for the 9th Circuit has ruled that the city of Berkeley's ordinance banning natural-gas pipes inside new buildings is invalid, as it is pre-empted by a federal rule that allows natural-gas infrastructure. This ruling makes it harder to impose natural-gas bans, meaning the fossil fuel is more likely to stay around for the foreseeable future.

via Barron's|
#bans#court-ruling#energy
environment2 years ago

RBC Takes Top Spot as World's Largest Fossil Fuel Financier

Royal Bank of Canada (RBC) has been named the world's largest financier of fossil fuels, contributing $42.1bn to such companies last year, according to a report by a coalition of environmental groups. RBC has contributed $254bn to fossil fuel companies since the Paris Agreement. Climate activists have called on major financial institutions to divest from fossil fuel companies to address the climate crisis. RBC's CEO has defended the bank's support for the Coastal GasLink pipeline, but Indigenous communities have called on major banks to pull their money out of contentious pipeline projects.

via Al Jazeera English|
#climate-crisis#divestment#environment
climate-activism2 years ago

Seniors Lead Nationwide Climate Protest Against Big Banks.

Older climate activists, part of the Rocking Chair Rebellion organized by Third Act, protested outside four major banks in downtown Washington for 24 hours, calling on Chase, Wells Fargo, Citibank, and Bank of America to stop financing fossil fuel projects. The protests were part of over 100 climate actions staged across the country by Third Act, a protest group for people aged 60 and older, co-founded by Bill McKibben. The goal was to urge people to pull their money out of the oil-funding banks and to pressure bank executives to take notice.

via The New York Times|
#banks#climate-activism#climate-crisis