How to finance a global shift away from toxic greenhouse gases caused by burning fossil fuels was one of the key talking points during the first week of the annual United Nations climate change conference held this year in Lima, Peru. The conference, which began Monday and is scheduled to end
Continue readingAuthor: Chris Rose
Financing Climate Action Among Major Concerns in First Week of COP20 Climate Negotiations
How to finance a global shift away from toxic greenhouse gases caused by burning fossil fuels was one of the key talking points during the first week of the annual United Nations climate change conference held this year in Lima, Peru. The conference, which began Monday and is scheduled to end
Continue readingClean Energy Provided More Jobs Last Year Than Oilsands: Report
Canada’s rapidly developing green energy industry has seen investments of more than $24 billion in the past five years while employment in the sector increased by 37 per cent during the same period, according to a report released Tuesday by Clean Energy Canada. According to the report, impressive growth in
Continue readingG20 Governments are Spending $88B Each Year to Explore for New Fossil Fuels. Imagine if Those Subsidies Went to Renewable Energy?
Rich G20 nations are spending about $88 billion (USD) each year to find new coal, oil and gas reserves even though most reserves can never be developed if the world is to avoid catastrophic climate change, according to a new report. Generous government subsidies are actually propping up fossil fuel exploration
Continue readingDeSmogBlog: G20 Governments are Spending $88B Each Year to Explore for New Fossil Fuels. Imagine if Those Subsidies Went to Renewable Energy?
Rich G20 nations are spending about $88 billion (USD) each year to find new coal, oil and gas reserves even though most reserves can never be developed if the world is to avoid catastrophic climate change, according to a new report. Generous government subsidies are actually propping up fossil fuel exploration
Continue readingG20 Governments are Spending $88B Each Year to Explore for New Fossil Fuels. Imagine if Those Subsidies Went to Renewable Energy?
Rich G20 nations are spending about $88 billion (USD) each year to find new coal, oil and gas reserves even though most reserves can never be developed if the world is to avoid catastrophic climate change, according to a new report. Generous government subsidies are actually propping up fossil fuel exploration
Continue readingKinder Morgan Oversells Benefits of Trans Mountain Pipeline, Underplays Costs, Says New Report
Kinder Morgan has significantly overstated the benefits of its controversial Trans Mountain pipeline expansion proposal while vastly understating risks associated with increasing the flow of oil to Metro Vancouver. That’s the conclusion of a new economic analysis by Simon Fraser University and The Goodman Group Ltd. which also recommended that the
Continue readingDeSmogBlog: Canada Urged to Prepare for ‘Climate Migrants’ in Warming World: New Report
In a sign of things to come, a report by the Canadian Centre for Policy Alternatives says Ottawa should create a new “climate migrants” immigration class to prepare for the inflow of people fleeing extreme climate change. “Estimates of the number of climate-influenced migrants range widely, but most projections agree that
Continue readingCanada Urged to Prepare for ‘Climate Migrants’ in Warming World: New Report
In a sign of things to come, a report by the Canadian Centre for Policy Alternatives says Ottawa should create a new “climate migrants” immigration class to prepare for the inflow of people fleeing extreme climate change. “Estimates of the number of climate-influenced migrants range widely, but most projections agree that
Continue readingThe EU’s New Climate Commitments Make Canada and the U.S. Look Ridiculous
The European Union has reached a new legally-binding climate change agreement that would see greenhouse gas emissions drop by at least 40 per cent of 1990 levels by 2030. The agreement, signed off in Brussels two weeks ago by the EU’s 28 member nations, is designed to ensure Europe meets its
Continue readingThe EU’s New Climate Commitments Make Canada and the U.S. Look Ridiculous
The European Union has reached a new legally-binding climate change agreement that would see greenhouse gas emissions drop by at least 40 per cent of 1990 levels by 2030. The agreement, signed off in Brussels two weeks ago by the EU’s 28 member nations, is designed to ensure Europe meets its
Continue readingDeSmogBlog: The EU’s New Climate Commitments Make Canada and the U.S. Look Ridiculous
The European Union has reached a new legally-binding climate change agreement that would see greenhouse gas emissions drop by at least 40 per cent of 1990 levels by 2030. The agreement, signed off in Brussels two weeks ago by the EU’s 28 member nations, is designed to ensure Europe meets its
Continue readingDeSmogBlog: “Citizen Interventions” Have Cost Canada’s Tar Sands Industry $17B, New Report Shows
Oil companies and fossil fuel investors seeking further developments in the Alberta tar sands have been dealt another setback with the publication of a report showing producers lost $17.1 billion USD between 2010-2013 due to successful public protest campaigns. Fossil fuel companies lost $30.9 billion overall during the same period partly
Continue reading“Citizen Interventions” Have Cost Canada’s Tar Sands Industry $17B, New Report Shows
Oil companies and fossil fuel investors seeking further developments in the Alberta tar sands have been dealt another setback with the publication of a report showing producers lost $17.1 billion USD between 2010-2013 due to successful public protest campaigns. Fossil fuel companies lost $30.9 billion overall during the same period partly
Continue reading“Citizen Interventions” Have Cost Canada’s Tar Sands Industry $17B, New Report Shows
Oil companies and fossil fuel investors seeking further developments in the Alberta tar sands have been dealt another setback with the publication of a report showing producers lost $17.1 billion USD between 2010-2013 due to successful public protest campaigns. Fossil fuel companies lost $30.9 billion overall during the same period partly
Continue readingIn Starkest Warning Yet, IPCC Calls on Politicians To Rapidly Transition to Renewables to Avoid Climate Disaster
In its starkest warning yet about the challenges facing humanity, the Intergovernmental Panel on Climate Change said Sunday humans are responsible for all of the planet’s warming since 1951. The Fifth Assessment Report by the Intergovernmental Panel on Climate Change includes a strict carbon budget for governments for the first time.
Continue readingDeSmogBlog: In Starkest Warning Yet, IPCC Calls on Politicians To Rapidly Transition to Renewables to Avoid Climate Disaster
In its starkest warning yet about the challenges facing humanity, the Intergovernmental Panel on Climate Change said Sunday humans are responsible for all of the planet’s warming since 1951. The Fifth Assessment Report by the Intergovernmental Panel on Climate Change includes a strict carbon budget for governments for the first time.
Continue readingIn Starkest Warning Yet, IPCC Calls on Politicians To Rapidly Transition to Renewables to Avoid Climate Disaster
In its starkest warning yet about the challenges facing humanity, the Intergovernmental Panel on Climate Change said Sunday humans are responsible for all of the planet’s warming since 1951. The Fifth Assessment Report by the Intergovernmental Panel on Climate Change includes a strict carbon budget for governments for the first time.
Continue readingWorld’s Major Banks Poured Over $80 Billion into Coal Last Year Alone
At least $83 billion USD in financing was provided to 65 coal mining and energy companies last year by 92 of the world’s leading commercial banks, according to a Dutch report published Wednesday. Leading banks provided $500 billion in financing for the coal industry through 2,283 lending and underwriting transactions between
Continue readingDeSmogBlog: World’s Major Banks Poured Over $80 Billion into Coal Last Year Alone
At least $83 billion USD in financing was provided to 65 coal mining and energy companies last year by 92 of the world’s leading commercial banks, according to a Dutch report published Wednesday. Leading banks provided $500 billion in financing for the coal industry through 2,283 lending and underwriting transactions between
Continue reading