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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Green hydrogen could curb one-third of fossil fuel and industry emissions by 2050

GreenBiz

That's according to a BloombergNEF report that calls policy support for the hydrogen economy "insufficient.".

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Puerto Rico's once-in-a-lifetime chance to build a clean energy grid

GreenBiz

Puerto Rico adopted laws that called for generating 100 percent of its electricity from renewable sources by 2050. But FEMA's fossil fuel plans might stymie that progress.

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Labor caves in to fossil fuel cartel as it locks in gas beyond 2050 amid deepening climate crisis

Renew Economy

On the same day that scientists warned of a deepening climate catastrophe, Labor declares gas is good and announces a plan to "lock it in" beyond 2050. The post Labor caves in to fossil fuel cartel as it locks in gas beyond 2050 amid deepening climate crisis appeared first on RenewEconomy.

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Net zero by 2050 is “too little too late”: Scientists make a case for net negative strategies

Envirotec Magazine

A report published on 26 August by an independent group of experts warns that reaching net zero greenhouse gas emissions by 2050 is now “too little too late”, and will not achieve the long-term temperature goals identified in the Paris Agreement to limit global warming to 1.5°C license ). C by the end of the century.

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Stop Greenwashing Skiing: Norway Must Drop Equinor Sponsorship and Lead on Climate

DeSmogBlog

This event is more than a celebration of sport it is a global stage where the country can either reinforce its role as Europe’s biggest fossil fuel producer or rise to the occasion and lead a just transition away from oil, gas and goal production. You dont phase something out by building more of it. Athletes know this.