ECF Strategic Communications Manager/Sustainable Finance, Alba Málaga Homs, provides a helpful communication to sort through national approaches to what counts as green finance. While the European Union considers adopting a sustainable finance taxonomy that classifies fossil gas as a green investment, Russia and China have stepped forward and recently adopted more ambitious initiatives that exclude all … Continue reading European Climate Foundation explains the bewildering different approaches to taxonomies
Category: fossil fuels
Fossil fuel industry repositioning itself as a “carbon management industry”
The fossil fuel industry is now shifting to a new strategy: presenting itself as the source of solutions. This repositioning includes rebranding itself as a “carbon management industry.” This strategic pivot was on display at the recent COP26 in Glasgow. June Sekera, Senior Research Fellow, Visiting Scholar at The New School and Neva Goodwin, Co-Director, … Continue reading Fossil fuel industry repositioning itself as a “carbon management industry”
There is little chance of the aviation industry meeting any climate targets if it aims for a return to its pre-pandemic rate of growth
Just before the pandemic, aircraft engines were burning one billion litres of fuel a day. But then the number of daily civil aviation flights fell from 110,000 to less than 50,000 during 2020, on average. With the easing of travel restrictions, air traffic is increasing back towards its pre-pandemic peak. Milan Klöwer, Postdoctoral Researcher in … Continue reading There is little chance of the aviation industry meeting any climate targets if it aims for a return to its pre-pandemic rate of growth
Legal process under Energy Charter Treaty poses real threat to the Paris climate agreement
Jennifer Rankin writes on the Guardian website about the concerns being raised that lawsuits by fossil fuel companies allowed under the Energy Charter Treaty could threaten the decarbonisation needed under the Paris climate agreement. What are your views? Secretive court system poses threat to Paris climate deal, says whistleblower A secretive investor court system … Continue reading Legal process under Energy Charter Treaty poses real threat to the Paris climate agreement
The oil industry’s own words show companies knew about the risk of climate change long before most of the rest of the world
Benjamin Franta, Ph.D. Candidate in History at Stanford University has been busy visiting historical archives from the oil industry. What those papers revealed is now changing our understanding of how climate change became a crisis. He discusses his findings in an article on The Conversation website. What Big Oil knew about climate change, in … Continue reading The oil industry’s own words show companies knew about the risk of climate change long before most of the rest of the world
As the climate crisis gets more deadly, the finger is pointing at the oil industry
In a news item compiled by The Energy Mix staff, one meeting in Edinburgh recently showed the sharpness of the positions of climate campaigners and the oil industry. Please read on. This reflects the tensions that are not going to change significantly in the near future. This shows many of the issues of the carbon-neutral … Continue reading As the climate crisis gets more deadly, the finger is pointing at the oil industry
World leaders need a more complete picture of the complexity before embarking on the construction of a global carbon removal industry
Johanna Forster, Lecturer in Environment and International Development at the University of East Anglia and Naomi Vaughan, Senior Lecturer in Climate Change at the University of East Anglia, in an article on The Conversation website, discuss the problems that need to be overcome if there is to be a global carbon removal industry. A … Continue reading World leaders need a more complete picture of the complexity before embarking on the construction of a global carbon removal industry
“The integrity of the Paris agreement is critically undermined by the Energy Charter Treaty”
Concerns are growing that a treaty originally intended to protect EU energy firms when the Soviet Union collapsed could undermine the Paris Agreement on climate change. Arthur Neslen discusses the issues in an article on the Thomson Reuters Foundation News website. Energy lawsuits pact seen threatening Paris climate deal Fear of multi-billion-euro lawsuits from … Continue reading “The integrity of the Paris agreement is critically undermined by the Energy Charter Treaty”
To avert catastrophic warming, the global community must rapidly reduce how much of these fossil fuels it extracts and burns
Daniel Welsby, James Price and Steve Pye from University College London write on The Conversation website that their research found that nearly 60% of global oil and fossil gas reserves will need to remain in the ground in 2050. This supports Fatih Birol, Executive Director of the IEA, who told The Guardian: “If governments are … Continue reading To avert catastrophic warming, the global community must rapidly reduce how much of these fossil fuels it extracts and burns
At the start of this UN Decade on Ecosystem Restoration, the Sudbury model for industrial restoration is an important recipe to apply to climate change
Sudbury, Ontario was an environmental disaster with its nickel and copper mines and smelters. INCO (now Vale) in Sudbury was the world’s largest nickel producer at one time and was the subject of my master’s thesis. Nadia Mykytczuk, Interim CEO/President of MIRARCO at Laurentian University writes on The Conversation website about the transformation of the … Continue reading At the start of this UN Decade on Ecosystem Restoration, the Sudbury model for industrial restoration is an important recipe to apply to climate change
