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Fossil Energy Development and the World Bank

World Bank Group Commits To Phasing Out Financing For Upstream Oil and Gas

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…

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Global warming isn't fake news. Why do so many think it is?

The Paris Agreement and the Trump Effect

Easier said than done Last week, Taryn Fransen and Kelly Levin of the World Resources Institute published an informative analysis on the “Trump Effect” on the Paris Agreement, signed in Paris at COP21 in  December 2015. It was historic in many respects, not least of which was that it was the first time the whole world agreed on anything so…

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Global Energy Decarbonization Tipping Point At Hand, IRENA Asserts

It’s possible to reduce global energy-related greenhouse gas emissions 60% by 2050 and entirely by 2060 without sacrificing economic growth or job creation, according to IRENA, the International Renewable Energy Agency.

IRENA Members Aim to Raise Renewables’ Share of Global Energy Mix

Raising renewable energy’s share of world energy production would have broad, positive and long-lasting impacts on national economies, societies and the environment, according to a study from the International Renewable Energy Agency (IRENA) released January 16.