Despite constant warnings from the scientific community about the dangers of the climate crisis and extreme weather events from devastating flooding in Pakistan to record-breaking heat waves worldwide, world leaders still subsidized fossil fuel consumption with a record more than $1 trillion in 2022.
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.
Under the Greenhouse Gas Reduction Fund (GGRF) — part of last year’s landmark Inflation Reduction Act — states, Tribes, municipalities and eligible nonprofits will soon be able to apply for $27 billion in grant funding from a “green bank” to help finance projects that facilitate the country’s transition to renewable energy and reduce pollution, a […]
New York state could be getting a new wind turbine component factory that would create around 420 jobs and pour around $500 million into the region.
Back in 2010, the Federal Aviation Administration released a study that suggested that airports are an ideal location for solar panels, stating that: Solar technology has matured and is now a reliable way to reduce airport operating costs. Environmentally, solar energy shows a commitment to environmental stewardship, especially when the panels are visible to the […]
In order to limit global heating to 1.5 degrees Celsius above pre-industrial levels, and avoid the worst impacts of the climate crisis, we need to lower greenhouse gas emissions by 43 percent by 2030. Yet the climate plans of 24 major companies that paint themselves as environmental leaders would only see their supply chain emissions […]
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