The selection of Azerbaijan to host COP29 raises concerns over its fossil fuel agenda, conflicts of interest in leadership, and insufficient climate targets, amidst criticism from world leaders regarding its emissions.
Fund built on the wealth of fossil fuels is targeting large renewable energy investments
Norway’s Sovereign Wealth Fund, valued at $1.71 trillion, plans large investments in renewable energy. It commits $1.01 billion to Copenhagen Infrastructure Partners for offshore and onshore wind, solar, and grid projects. Despite this, Norway’s oil and gas industry has not pledged to scale back extractions, drawing criticism.
Despite the anti-Russia rhetoric, Europe continue to purchase Russian gas en masse
Western countries pledged to stop buying Russian oil and gas after the Ukraine invasion, but Europe still heavily depends on Russian gas. Germany reduced reliance, but Austria remains the largest consumer. The UN emphasizes transitioning to clean energy.
Viewpoint: US 2024 Election – Elon Musk completes the journey into climate villainry
Elon Musk’s shifting stance on climate change, from urgent action to downplaying the risk, raises concerns. Despite his previous understanding, his recent views seem politically motivated.
US 2024 Election: Analysis – congressional investigation reveals new evidence of Big Oil’s decades-long campaign to deny climate science
The fossil fuel industry’s efforts to delay inquiries highlight its sense of impunity – and echo tactics used to obstruct climate action and deceive the public.
Methane emissions rose in 2023 despite reduction initiatives
Methane emissions, with 80 times the warming potential of CO2, rose in 2023 despite efforts. The IEA emphasizes the need for a 75% reduction by 2030 to combat climate change. United States is taking lead in addressing this issue.
The US has never produced more energy than it does today
The US is experiencing unprecedented energy production from a mix of sources, including oil, gas, and renewables. Despite false claims, the country’s energy production is booming, particularly in oil and gas, with renewables making a significant impact.
Analysis: Putin smashes through the wall of democracy by claiming a resounding landslide victory
Vladimir Putin’s extended presidency until at least 2030, amidst election manipulation and lack of credible opposition, poses a threat to basic rights and climate action, as Russia remains a major emitter with insufficient climate policies.
For the sixth year running, the US is the largest oil producer in the world
The US, despite its climate action efforts, remains the world’s top oil producer for the sixth consecutive year, reaching record-breaking crude oil production of 12.9 million barrels per day. Despite growing global pressure to phase down fossil fuels, the US maintains its oil dominance.
Google to launch oil and gas methane leak monitoring tool
Google partners with EDF to use satellite technology and AI to map oil and gas methane leaks. The project aims to help reduce emissions.