On its own, carbon capture is not a climate change panacea
Financial Times: Energy
NOVEMBER 20, 2023
At COP this year, a commitment must be made to rapidly phasing down the use of all fossil fuels
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Reuters, New York Times Top List of Fossil Fuel Industry’s Media Enablers
DeSmogBlog
DECEMBER 5, 2023
Darren Woods, the CEO of Exxon, celebrates the potential of carbon capture to dramatically reduce global emissions. According to Saudi Aramco’s podcast, the fossil fuel industry is innovating new climate solutions, and BP’s podcast proclaims more of the same. and Europe.
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Liz Truss Book Calls for Climate Laws to be Abolished and Boasts of Effort to Cancel UK COP Summit
DeSmogBlog
APRIL 18, 2024
The Climate Change Act legalised the UK’s commitment to reducing carbon dioxide emissions by at least 80 percent by 2050 from 1990 levels. Truss writes that “we should cancel” the United Nations annual COP climate summit, and falsely claims that electric vehicles are worse for the environment than those powered by fossil fuels. “In
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Cop out? Hard truths in Dubai…
Terra Infirma
DECEMBER 11, 2023
While we in the West derided COP President’s Sultan Al Jaber’s outburst about going back to living in caves, in the Middle East that ain’t too far from the truth. The post Cop out? If/when the oil economy fades, so will the wealth and power of the region. Hard truths in Dubai… appeared first on Terra Infirma.
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UAE Selects Fossil Fuel Exec to Lead COP28
DeSmogBlog
JANUARY 12, 2023
Alice Harrison, fossil fuels campaign leader at Global Witness, said in a statement. But fossil fuel companies are working hard to keep skin in the game, and sadly the UN is rolling out the red carpet to them. But Al Jaber is the only COP president who was a fossil fuel CEO at the time of his appointment.
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Fossil Fuel Friendly Daily Mail Firm Handed £500k Government Contract to Run UK COP28 Events
DeSmogBlog
NOVEMBER 29, 2023
Adnoc intends to increase its oil production by more than any other fossil fuel firm in the world, according to data from the Global Oil and Gas Exit List (Gogel). Why choose a company which works so closely with the oil industry to work at COP? This year’s COP summit has already been marred by controversy.
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Good Cop, bad Cop: what the Cop28 agreement says and what it means
The Guardian: Energy
DECEMBER 13, 2023
We look closely at the text for the truth of the matter The decision text from Cop28 has been greeted as “historic”, for being the first ever call by nations for a “transition away” from fossil fuels, and as “weak and ineffectual” and containing a “litany of loopholes” for the fossil fuel industry. Continue reading.
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Fossil Fuel-Linked Companies Dominate Sponsorship of COP27
DeSmogBlog
NOVEMBER 16, 2022
The findings underscore concerns over the role of the fossil fuel industry at the negotiations, known as COP27, which have become a focal point for deals to exploit African natural gas. These talks are supposed to be about moving us away from fossil fuels, phasing them out,” Sabido told DeSmog. Social license.
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£3.3 trillion fossil fuels subsidies by G20 countries since Paris Climate Agreement
Low Impact
AUGUST 11, 2021
All governments, including the UK, are telling us that they’re laser-focused on reducing carbon emissions. We have to stop burning fossil fuels and leave them in the ground. It looks as though, in a corporate-dominated, growth economy, no fossil fuels are going to be left unburnt. How are they doing?
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Only Two in 200 ‘Green Zone’ Events at COP26 Mention Fossil Fuels
DeSmogBlog
OCTOBER 6, 2021
The UK organisers of the upcoming COP26 climate summit have come under fire for approving just two events that refer to fossil fuels, the primary driver of climate change, in a programme of public events happening alongside the main conference. In 2018, 89 percent of global carbon dioxide emissions came from fossil fuels and industry.
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Just Two Countries Mention Need to Cut Fossil Fuel Production at COP26 ‘Greenwashing’ Stands
DeSmogBlog
NOVEMBER 4, 2021
GLASGOW, SCOTLAND – Only two of the 35 stalls lauding countries’ green credentials at the COP26 UN climate summit mention the need to cut fossil fuel production — the chief cause of the carbon emissions driving climate change. . We urge all leaders to put people and the planet over the profit of the fossil fuel industry.”.
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UN chief: Fossil fuel firms without credible net zero plans 'should not be in business'
Business Green
FEBRUARY 6, 2023
Companies' 2030 climate targets should also come backed with credible and immediate action "meaning actual emissions and not fake carbon credits", Guterres added, as he called for "no more greenwashing" from businesses and investors. We need a renewables revolution, not a self-destructive fossil fuel resurgence."
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Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral
DeSmogBlog
JULY 27, 2023
DeSmog analysed examples of more than 100 influencers being paid to promote fossil fuel firms worldwide since 2017, from the US to Malaysia, in campaigns that have reached billions of people. While there’s more knowledge in general around climate change and the harms of fossil fuels, I think that people have a lot of trust in creators.
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? Good COP, Bad COP
Climate Tech VC
DECEMBER 8, 2023
Maybe it was the offer of warm sun in December, but this year’s COP drew 100K attendees, almost double the size of COP15 in Paris. Climate tech played its biggest role ever at COP this year. The oil & gas COP. This was the COP of the climate and O&G juxtaposition. The greenwashing was unavoidable.
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Fossil energy hits another peak
Envirotec Magazine
JUNE 21, 2024
Global energy consumption reached a record peak of 620 Exjoules (EJ) in 2023, with fossil fuel consumption and energy sector emissions also hitting record highs, according to the Statistical Review of World Energy , published on 20 June by the Energy Institute, Kearney and KPMG.
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Tortuous progress: Key takeaways from COP28
Envirotec Magazine
DECEMBER 20, 2023
Commentators were concerned about the decisive role seemingly prepared for carbon removal technologies. The headline commitment of COP28 was the pledge to transition away from fossil fuels. Fossil fuels were mentioned for the first time in a COP text two years ago, at COP26 in Glasgow.
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How To Buy Carbon Offsets: 6 Certified and Vetted Options
Green Business Bureau
APRIL 12, 2022
The voluntary carbon offset market is rocketing, with the Ecosystem Marketplace reporting an annual market value of ~$1 billion in 2021, which was an all-time high. This can make things difficult for business leaders like you, looking to reduce their carbon footprint through purchasing offsets. The rules of carbon offsetting.
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Governments Are Sending Oil Executives to COP26 Despite Climate Pledges. Here’s a Look at the Fossil Fuel Influence in Glasgow
DeSmogBlog
NOVEMBER 8, 2021
Fossil fuels are everywhere at this COP except in the decisions being negotiated by governments,” Nikki Reisch, the director of climate and energy at the Center for International Environmental Law, wrote to DeSmog from Glasgow. The oil-heavy delegations raise questions about the government’s intentions in Glasgow.
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Global Briefing: Colombia to host pre-COP biodiversity summit
Business Green
AUGUST 27, 2021
Australian court cases, fossil fuel phase out alliances, and a vote of confidence in Gold Standards all feature in this week's latest round up of global green business news. Gold Standard and Swedish Energy Agency partner in bid to boost carbon offset integrity. Colombia to host hybrid Biodiversity PreCOP.
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'A tactical game, but a good one': At COP27 support grows for India's fossil fuel phase down proposal
Business Green
NOVEMBER 16, 2022
Beyond Oil and Gas Alliance side event sees France join calls for stronger language on phasing down the use of fossil fuels in COP cover agreement. The group also announced $10m of funding to help developing nations transition away from fossil fuels. It may be a tactical game, but it's a good game," she said. "We
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Observers reflect on a disappointing COP26
Envirotec Magazine
NOVEMBER 18, 2021
Rich countries are forcing an agreement full of escape hatches: carbon markets, nature-based solutions and ‘net zero by the middle of the century’ are all ways for them to get out of making the real emissions cuts we need to prevent climate catastrophe.”. Carbon trading. Carbon capture. What can be done with the captured CO2?
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It’s Not Just Oil Giants Seeking to Sway the Climate Talks. Their Favourite PR Firms Are in Baku, Too.
DeSmogBlog
NOVEMBER 20, 2024
More than 1,700 oil, gas and coal lobbyists are registered attendees of this year’s international climate summit, currently underway in Baku, Azerbaijan, to try to persuade the world that the fossil fuel industry can be part of the climate solution. The PR companies that help them sell that message are not far behind.
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G7 nations pledge to deliver near-zero carbon electricity grids by 2035
Business Green
MAY 27, 2022
The document sets out G7 countries' ambition to deliver near-zero carbon electricity grids by 2035, citing the need to respond to climate scientists' calls for a drastic reduction in fossil fuel demand so as to stabilise global temperatures.
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Only new fiscal rules will avoid a Budget carbon COP out
Business Green
MARCH 8, 2020
The Treasury should set in stone a new fiscal rule for an annually-increasing carbon price in the UK, argues SSE chief executive Alistair Phillips-Davies. Ahead of COP26 in Glasgow I think it's imperative the Treasury installs a new fiscal rule: the need for an annually increasing carbon price.
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UK steel industry could expand in transition to zero carbon future, says report
Envirotec Magazine
MARCH 19, 2021
Decarbonising steel requires innovation in the fields of renewable energy, hydrogen technology, and carbon capture and storage, said the authors. Steel production is the world’s second biggest emitter of carbon dioxide after concrete, with an average of 1.85 tonnes of CO2 emitted for every tonne of steel produced worldwide.
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COP26 must launch a reinvigorated UK effort on climate change, says CCC
Envirotec Magazine
DECEMBER 2, 2021
We also saw important technical advances, with new rules agreed for reporting emissions and on international carbon trading, and multiple initiatives and sector deals. The Glasgow Climate Pact makes notable reference to ‘phase-out of inefficient fossil fuel subsidies’. Low carbon prices are effectively a subsidy.
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Report: Canada and U.S. Are Top Public Funders for CCS with Nations Prepared to Inject $200 Million More
DeSmogBlog
DECEMBER 8, 2023
Canada is the world’s second leading source of public funding for carbon capture and storage (CCS) technology, according to a new report, even though many experts say CCS is a greenwashing cover to pump more oil. This past July, the federal government indicated its plan to phase out what it termed inefficient fossil fuel subsidies.
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Forget Cop – local climate action can bring more tangible results | Letter
The Guardian: Energy
DECEMBER 18, 2023
Annette Gorst-Unsworth says she invests in community energy groups that are making a difference in her area Cop28 ended with yet more dashed hopes on fossil fuels, with a watered-down call for countries to move away from them rather than phasing them out ( Report, 14 December ).
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COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels
POWER Magazine
DECEMBER 14, 2023
Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve the Paris […] The post COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels appeared first on POWER Magazine.
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COP26 Climate Summit: From fossil fuels to forests - 10 things we learned in Glasgow
Business Green
NOVEMBER 15, 2021
Fossil fuels get named and shamed. For the first time in 25 years of UN climate talks, coal and fossil fuel subsidies have been singled out in an official document. Rules on carbon markets finally wrapped.
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UAE Promotes Its State Oil Company at COP27
DeSmogBlog
NOVEMBER 18, 2022
The United Arab Emirates has been criticised for promoting oil and gas as a clean source of energy, and for backing “false solutions” such as carbon capture technology, at the UN COP27 climate summit in Egypt, ahead of hosting the event next year. A stand at the UAE pavilion at COP27 promotes the country’s carbon capture projects.
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'Climate security is energy security': Alok Sharma urges world to 'break dependency on fossil fuels'
Business Green
MAY 16, 2022
We see clearly the dangers of energy systems powered by foreign fossil fuels," Sharma said. "We In short, we see that climate security is energy security and that we must break our dependency on fossil fuels.". We see the benefits of low cost, homegrown renewables, the price of which cannot be manipulated from afar. "We
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COP26 sparks surge in carbon price, slide in coal shares
Business Green
NOVEMBER 16, 2021
Bellwether coal firms saw shares slide on Monday, while EU carbon prices leapt to a record high of over €66 a tonne. Separately, Bloomberg reported that fossil fuel producers are also seeing a spike in the cost of capital driven in large part by international climate policy efforts. per cent, respectively, in Hong Kong trading.
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A Guide to Six Greenwashing Terms Big Ag Is Bringing to COP28
DeSmogBlog
SEPTEMBER 21, 2023
Farming also relies on synthetic fertilisers that are both fossil-fuel-based and emit greenhouse gases, and drives deforestation. The science is also uncertain around soil’s ability to store carbon, which can be easily undone through erosion, or changes in land use or the weather.
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2023: A Strange, Tumultuous Year in Sustainability
Andrew Winston
JANUARY 7, 2024
Scientists tell us that we’ve pushed the planet beyond its ability to support us in critical areas such as availability of water, biodiversity, and, of course, carbon emissions. Banks are also making more money from loans and underwriting to clean energy than to fossil fuels. Great news all around.
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Comment: “A move away from ‘fabric first’ is a step in the wrong direction”
Envirotec Magazine
JANUARY 23, 2024
Nesta’s report focuses on carbon reduction, and you can’t argue with the fact that ripping out fossil-fuel heating and replacing it with cleaner, greener heat pumps will reduce the UK’s carbon footprint. Where possible, ‘fabric first’ should always be the way to go.
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UN Secretary-General: Coal has no place in COVID-19 recovery plans
Business Green
JULY 9, 2020
UN Secretary-General António Guterres has today issued a stark warning that too many governments and businesses "have still not got the message" and risk engineering a carbon intensive recovery from the coronavirus crisis. We can invest in fossil fuels, whose markets are volatile and whose emissions lead to lethal air pollution.
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COP27: The most important meeting in human history?
Business Green
NOVEMBER 4, 2022
Is the COP27 Summit that kicks off in Sharm El Sheikh this weekend the most important COP meeting yet, and therefore one of the most critical gatherings in the entire history of humanity? It is, by the admission of the Egyptian hosts, an "implementation COP". If COPs did not exist you would need to invent them.
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Everything You Need to Know About Saudi Aramco
DeSmogBlog
NOVEMBER 16, 2023
billion worth of fossil fuels from Saudi Arabia. DeSmog has today revealed that the US-based advertising giant McCann, part of the Interpublic Group of Companies (IPG), is putting itself forward to continue working for this fossil fuel giant. So what else do we know about this fossil fuel behemoth?
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The world is careening toward 3 degrees of warming, UN says ahead of climate conference
Grist
NOVEMBER 21, 2023
If countries fully implemented their plans to cut carbon emissions as currently promised under the Paris Agreement framework, the planet will still warm 2.9 Assuming a world in which countries also meet their current goals to zero out net carbon emissions in the coming decades, temperatures will still increase about 2.5
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Japan, Oil Majors Tout CCS Tomakomai Project as Flagship of Asia’s Energy Future
DeSmogBlog
JUNE 13, 2024
Tomakomai, Japan’s government-funded carbon capture and storage (CCS) project in Hokkaido, is considered the cornerstone of the nation’s push to make CCS part of Asia’s energy future. Several of Japan’s largest fossil fuel industrial companies are involved, many of which are active players in global oil and gas exploration.
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Full disclosure: Polestar unveils lifecycle CO2 impact of its electric cars
Business Green
SEPTEMBER 2, 2021
Polestar has once again published the full lifecycle carbon emissions associated with the production of its electric vehicles (EVs), estimating that its latest models have generated between 24 to 25 tonnes of CO2 by the time they are sold to customers. Credit: Polestar. Car makers need to take full responsibility," he said.
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Big Ag Is Using ‘Regenerative Agriculture’ to Mask Business-as-Usual
DeSmogBlog
OCTOBER 22, 2024
During September’s Climate Week in New York City, the world’s major food companies lined up to share their pro-nature credentials, claiming that they are embracing “regenerative agriculture” practices that will reduce their massive carbon footprint.
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Oil boss Sultan Ahmed Al Jaber confirmed as President-Designate for COP28
Business Green
JANUARY 12, 2023
Al Jaber has served as the UAE's Special Envoy for Climate Change since 2010, and has participated at 10 previous UN COP Summits. If he does not step down as CEO, it will be tantamount to a full scale capture of the UN climate talks by a petrostate national oil company and its associated fossil fuel lobbyists.
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