Quick Key Facts What Is Degrowth? Degrowth is the idea that the purpose of the economy should not be growth as such but rather ensuring the well-being of everyone in a society without exceeding planetary boundaries. On the most basic level, it can be summarized by the maxim that people in wealthier nations “should live […]
Energy prices have risen dramatically since Russia’s invasion of Ukraine and could push as many as 141 million people into extreme poverty, a new study has shown. The costs of goods and services have also gone up due to higher energy prices.
In 2016, the Portland, Oregon, city council unanimously approved a ban on either building new fossil fuel terminals within the city or expanding existing ones. At the time, Inside Climate News reported it was likely the first time a city had used zoning laws to restrict the use of fossil fuels, and climate activists hailed […]
As the Biden administration rolls out its promised 500,000 new electric vehicle (EV) charging stations by 2030, it is taking steps to make sure that any EV driver can use them. The Department of Transportation (DOT) together with the Department of Energy unveiled new standards Wednesday for new charging stations receiving federal funds, including that […]
British bank Barclays has announced the narrowing of its lending criteria for clients involved in coal-fired power generation and will cease to finance the surface mining method of oil sands exploration and production, but has still not committed to restricting lending for oil and gas as some of its competitors have. In its annual report […]
The locations of the 36 drowning deaths during the catastrophic flooding in eastern Kentucky last summer are closely correlated with large-scale coal strip mines, and a local non-profit is calling on the DOI to investigate further.
The European Parliament on Tuesday approved a ban on the sale of new fossil fuel powered cars and light vehicles by 2035. The European Union will now be one of the largest car markets to mandate a shift to electric vehicles (EVs), following the road paved by California and New York among other U.S. states. […]
From ExxonMobil to Shell to BP, several major oil and gas companies reported record profits in 2022 as the price of both fossil fuels spiked following Russia’s invasion of Ukraine.