Tag: fossil fuels
In this new decade, the climate emergency is clearer than ever, with emissions cuts of almost 5 percent necessary by 2030.
Conservationists are convinced that the opening up of indigenous lands to economic exploitation would inevitably lead to extensive deforestation and to the contamination of Amazonian rivers.
"The bigger concern here is the issue of meddling and censorship. If it happens at this stage, it could certainly happen later in the EIS process. So we are concerned about the future of this EIS."
“We expect governments to come to these climate talks to live up to the moral urgency at hand.”
“The time to begin planning for a wind-down of gas production is, as with other fossil fuels, already upon us."
The coal industry knew about the danger of rising greenhouse gas emissions as early as 1966.
The bank's decision to end all financing of oil, gas, and coal projects after 2021 will make it the first multilateral lender to rule out financing for projects that contribute to the climate crisis.
The findings highlight how the poor financial performance of fossil fuel companies over the past decade stands to shift how debates over fossil fuel divestment are framed.
To put it simply: profits first.