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College students fighting to get their schools to stop investing in fossilfuels have stumbled on a new idea that could bring fresh attention to their cause: Those investments might be illegal. They also write that Harvard’s fossilfuel investments threaten its own physical property by exacerbating flooding and sea-level rise.
The UK government has appointed a law firm with a history of defending fossilfuel companies over environmental disasters to provide legal services for the upcoming COP26 climate summit. Law firms have a responsibility to act to prevent climate catastrophe. The firm says it is doing the work pro bono. billion ($2.16
A grassroots group called Canada Action has run nationwide ads on billboards, buses and social media promoting fossilfuels. Another organization called the Consumer Energy Alliance , which has a long history of fighting climate laws in the U.S. Both groups are listed in Cenovus advocacy and memberships document.
While California already has cut its greenhouse gas emissions by 13 percent since their peak in 2004, many residents still suffer from high levels of air pollution — much of it produced by fossilfuels. And they have suffered collateral damage from the harmful pollutants produced by using fossilfuels. As the U.S.
A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossilfuel investments in documents prepared for state lawmakers. The two pension funds have estimated holdings of $7.4 billion and $4.1
Several California municipalities are merging their climate deception litigation with the state’s climate case, to jointly pursue a super-sized lawsuit against the fossilfuel industry, according to recent court filings. municipalities suing the fossilfuel industry. Stephen Conn , CC BY-NC 2.0 Credit: Cpl.
For years, plaintiffs around the world have sought to hold fossilfuel companies accountable for their contributions to climate change — often seeking compensation for damages like economic losses from floods or wildfires. In other words, “How much has an individual fossilfuel company contributed to climate change?”
The fossilfuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. The fossilfuel industry has faced an oversupply problem, as well as a public relations problem.
1’s directors for voting against two recent proposals to set greenhouse gas targets that would account for the pollution caused by the fossilfuels ExxonMobil sells, and to produce a report on low-carbon business plans. billion worth of fossilfuel investments that the bill would require them to shed. 1-sponsored ETFs.”.
It’s a scandal that Labour is allowing Graham Stringer to stand again,” said Carys Boughton of the Fossil Free Parliament campaign group. “To But it can’t do both,” said Jolyon Maugham, director of the Good Law Project. Or it can select as an MP a candidate who is on the board of a Tufton Street climate science denial think tank.
In Australia, a student filed a consumer complaint with Ad Standards against the financial services organization HSBC for claiming to support the protection of the Great Barrier Reef despite its links to fossilfuel operations. Between 1986, when the first climate lawsuit was filed, and 2014, approximately 800 cases were brought.
Rishi Sunak has confirmed that a fossilfuel-funded think tank helped to draft his government’s laws targeting climate protests. Sunak’s statement yesterday appears to confirm openDemocracy’s allegation that sections of the 2022 law were ‘directly inspired’ by Policy Exchange’s report. million to the party since 2014.
In 2014, the electrical engineer and MBA became the first woman to lead a U.S. Natura, which issues a regular environmental profit-and-loss statement , went carbon-neutral in 2007 and became the first public B Corporation in 2014. The company has since whipsawed between its wholesale-energy legacy of fossilfuels and greener horizons.
billion invested in fossilfuels firms, including oil and gas majors Chevron, Shell, and Equinor, as of June 2023. private equity firm KKR, also has a large fossilfuel portfolio , including 188 assets in oil, gas, and coal. DeSmog also revealed that Marshall Wace – Paul Marshall’s hedge fund – had £1.8
Governments often use selective law enforcement to blunt the effects of unwanted policies instituted by previous administrations. TIGTA says that, of the 239,422 EV tax credits claimed between 2014 and 2018, it has identified 16,510 as potentially erroneous. Is this what’s going on with an audit of federal EV tax credit claims?
The Ohio Power Siting Board last month had 7,783 MW of solar projects in its regulatory pipeline , almost all of which had applications pending before the effective date of a new siting law that is expected to complicate future projects. That plan was reversed after Ohio lawmakers passed House Bill 6 , the state’s nuclear bailout law.
Screenshot of court document published by law firm Baum Hedlund. While the work FTI Consulting did for Monsanto got a bit of attention after the court documents were released, major media outlets failed to highlight and explain the broader connection with FTI’s work on climate denial for the fossilfuel industry.
It’s an apt welcome to a place where the realities of everyday life seem to be in stark contrast to the green illusion marketed by the fossilfuel and petrochemical industries. James Parish, a region that has become a build-out hub for the petrochemical and fossilfuel industry. Town sign for Norco, Louisiana.
In 2014, Minneapolis used the expiration of its franchise agreement with Xcel Energy to press the utility on clean energy. When state regulators consider utility plans for new generation, for example, Orfield said, cities are increasingly using those proceedings to put pressure on utilities to transition more quickly from fossilfuels.
Continuing to subsidize polluting fossilfuels defies logic,” said Shannon Laun, a staff attorney for the Conservation Law Foundation, in a statement. “If Between 2014 and 2018, transportation emissions rose by 3%, the report said. While she said she agrees that fossilfuel incentives should be removed, “it’s complicated.”
The government went one step further and in April, set the world’s most ambitious climate change target into law: to reduce emissions by 78% by 2035 compared to 1990 levels. Between 1990 and 2014, small incremental changes over time, in improved energy efficiency helped the UK avoid building the equivalent of 14 new power stations.
Here, in South Africa, activists are battling not just oil companies but their own government, which supports the project because it believes fossilfuel exploration will boost the country’s energy security and would bring new jobs that would aid economic development of this remote region. In 2009 the company paid out $15.5
He has also expressed doubts about climate science, tweeting in 2014: “I miss all those crazy articles about why we should fear climate change (burning too much) and peak oil (not enough to burn).”. In 2016, he blamed high energy prices on solar and wind power, saying on Twitter: “This is how UK climate policy works.
While they can substantially decrease a home’s fossilfuel use, it generally won’t drop to zero. The Massachusetts Clean Energy Center, a quasi-public agency that runs incentive programs for clean energy technology, ran a ground-source heat pump incentive program from late 2014 through 2020.
regulators are looking for ways to force fossilfuel companies to foot the bill — and Colorado is supposed to have the answer. The law was passed, in part, to hold fossilfuels companies accountable for their plugging obligation. A fracking drill rig in Weld County, Colorado, in the Denver-Julesburg Basin in 2014.
However, while on the surface it may appear to be a positive shift towards lowering the greenhouse gas impact of their projects, the rhetoric about carbon-neutral LNG is mostly hollow, in another attempt to greenwash new fossilfuel projects into existence. government spent more on fossilfuel subsidies (C$1.3
Just over 800 cases were filed between 1986 and 2014, but more than 1,000 have been brought before the courts since then. Fossilfuel companies have lost court rulings in California, Colorado , Maryland and Massachusetts. But it's not just the fossilfuel folks. Law and disorder.
Moreover, as energy and transport firms pivot away from fossilfuels and the global middle-class expands, the petrochemicals industry is set to become the world's biggest driver of global oil demand , according to the International Energy Agency (IEA).
The United States Environmental Protection Agency defines environmental justice as “the fair treatment and meaningful involvement of all people regardless of race, color, national origin, or income, with respect to the development, implementation, and enforcement of environmental laws, regulations, and policies.”
During this period the Environment Act - soon to be underpinned by environmental improvement targets - came into law and a host of critical strategies were published, such as the Net Zero Strategy , Heat and Buildings Strategy , Transport Decarbonisation Plan , Waste Prevention Programme and the Green Finance Roadmap.
West Cumbria Mining, backed by venture capital company EMR, first proposed the mine in 2014, and was backed by Cumbria County Council. After the UK parliament passed more stringent carbon targets in 2019, setting in law the goal of net-zero emissions by 2050, questions about the climate effects of the mine mounted.
Stakeholders should anticipate potential delays and market impacts amid the ongoing legal challenges and the Office of Administrative Laws recent disapproval. We also provide our initial insights, especially in light of the Office of Administrative Laws (OALs) decision to disapprove the amendments on February 18, 2025.
The link between airborne pollution from the combustion of fossilfuels and respiratory health is well-known. Air pollution: Fossilfuel combustion produces fine-particulate air pollution, which leads to the premature death of an estimated 14,400 people across Canada. London (UK): Cambridge University Press; 2014.
Sewell, a 48-year-old businessman based in Midland, Texas, founded 7S Oil and Gas LLC in 2014. But by using a provision in state law that allows operators to apply for multiple extensions to plugging inactive wells, he claimed he was able to offload the problem wells and stay in the oil business.
There is a generation of Millennials around the globe who have written off fossilfuels,” Chris Romer, co-founder of Project Canary, told the oil and gas industry trade publication Rigzone this month. “We stock and bond capital investment according to Morningstar, up from just 1 percent in 2014. Platinum Gas.
Sewell, a 48-year-old businessman based in Midland, Texas, founded 7S Oil and Gas LLC in 2014. But by using a provision in state law that allows operators to apply for multiple extensions to plugging inactive wells, he claimed he was able to offload the problem wells and stay in the oil business.
Perhaps the most famous learning curve—later dubbed “Moore’s Law”—was identified in 1965 by Intel’s Gordon Moore, who accurately predicted that the number of transistors within a semiconductor would double every two years as producers gained more experience. Source: Way et al. Source: Way et al.
Once again, we will (and we must ) transition from fossilfuels to into a zero-emission world. That is because the fuel generally used by the marine industry is the most toxic substance imaginable: Heavy Fuel Oil, commonly referred to as HFO or IFO. All the technology that is required exists and is matured.
The UK is still too reliant on fossilfuels and we need to create more UK renewable energy to green the energy grid. The sector doubled in size every year between 2014 and 2017 when there was, albeit reducing, government support.
But we’re overdue for more from the governments that we, as tax-payers, voters, and (generally) law-abiding citizens, have contracted to manage our societies. In 2014 , the average emission of carbon dioxide (CO 2 ) to the atmosphere per person was 4.6 Here is a case in point. metric tons in France, 6.5
One investment theme we’re increasingly excited about is synthetic biology, due to its potential to replace carbon emitting production methods for a number of products reliant on fossilfuels, from food and materials to therapeutics and petrochemicals. in 2003 (cumulatively) to under $1,000 today, a reduction far outpacing Moore’s Law.
This means that since 2014, UK based data centres have been delivering energy reductions in return for a carbon tax break. However, they still aren't a guarantee of renewable energy use because when the renewable source needs topping up, fossilfuels kick in, and organisations may well use REGOs to fill the gap.
While California already has cut its greenhouse gas emissions by 13 percent since their peak in 2004, many residents still suffer from high levels of air pollution — much of it produced by fossilfuels. And they have suffered collateral damage from the harmful pollutants produced by using fossilfuels. As the U.S.
This technique of using statements that are technically true but omit crucial information and therefore are misleading, is called paltering — and it’s an old favorite of the fossilfuel industry. R-CALF USA doesn’t only blame the private trade associations for overturning the law that allowed “Made in the USA” labels. “It’s
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