A global energy transformation is required in order to hold global mean temperature rise below the 2 degrees C climate tipping point, according to IRENA.
President Trump signed an executive order last year promoting energy independence. The day after, Interior Secretary Ryan Zinke issued two orders with the intention of implementing Trump’s executive order. They promote the development of energy, including oil and gas, on public lands. Reuters recently reported that oil and gas drillers only bid on a “tiny fraction” of Gulf of Mexico…
The world’s biggest banks continue to hasten the coming of extreme climate change by raising financing “extreme fossil fuels” exploration, production, distribution and consumption.
“Drill baby drill” is more than a mantra by those that want to increase domestic output of fossil fuels. It is a way of life, as the recent proposal by U.S. Secretary of the Interior Ryan Zinke to increase offshore drilling on both coasts proves. Zinke’s proposal would make over 90 percent of the acreage within the National Outer Continental…
Shift the subsidies Public financing helps fossil fuel projects continue. Take the World Bank Group which provided an average of more than $1 billion a year in upstream oil and gas financing from 2014 to 2016, according to Oil Change International. The good news is that after 2019, financing for those projects will no longer come from the WBG, except…
The completed route of the Keystone XL pipeline is closer to fruition. The Nebraska Public Service Commission approved an alternate route for the proposed Keystone XL Pipeline project through the state. The Commission approved the alternate route by a three-to-two vote. TransCanada, the company building the pipeline, stated that it is evaluating the decision. “As a result of today’s decision,…
Back in 2015 at the COP21 climate conference in Paris, the U.S. delegation presented numerous side events in the Blue Zone, from EPA, NASA, NOAA, the Department of Energy and more. The United States clearly embraced its role as a world leader at a historic global inflection point. Fast forward two years, to the end of President Donald Trump’s first year…
