When it comes to climate change, business as usual is simply “not an option”.
The University of Edinburgh has taken the decision to not divest from fossil fuels, bowing to the short-term economic interests of departments funded by the fossil fuel industry, with little to no acknowledgement of the long-term repercussions of these investments.
In November last year, India’s power minister Piyush Goyal announced that he plans to double coal production
in India by the end of this decade and, in an effort to enhance production, the Indian government has started a process of auctioning coal blocks.
We have entered a watershed year, a moment critical for humanity.
Nothing is more important to farmers like me than the weather. It affects the growth and quality of our crops and livestock, and has a major impact on global food supply.
After months of whispered warnings, Russia’s economic troubles made global headlines when its currency collapsed halfway through December. Amid the tumbling price of oil, the ruble has fallen to record lows, bringing the country to its most serious economic crisis since the late 1990s.
While U.S. and Canadian officials delivered speeches about how the world needs to step up to their responsibilities at the U.N. climate negotiations in Lima, Peru, activists from North America demanded clear answers back home on their governments’ relationships with fossil fuel corporations, as well as the future of several major oil projects across the continent.
Even as the presence of major oil and gas corporations is nearly ubiquitous at the U.N. climate talks in the Peruvian capital known as COP20, fossil fuel divestment campaigns have gained ground in various countries and are moving to counter the influence of the "dirty energy" lobby here.
World governments gathered in Lima, Peru for the latest round of U.N. climate negotiations should have finance on their mind.
In November, the world's top climate scientists issued their latest warning that the climate crisis is rapidly worsening on a number of fronts, and that we must stop our climate-polluting way of producing energy if we are to stand a chance of avoiding the worst impacts of climate change.
Shale fever and the political chess among major oil producers and consumers have put OPEC in one of the most difficult junctures in its 54 years of history.
- In recent days, two major developments have injected new life into international action on climate change.
This December, 195 nations plus the European Union will meet in Lima for two weeks for the crucial U.N. Conference of the Parties on Climate Change, known as COP 20. The hope in Lima is to produce the first complete draft of a new global climate agreement.
Just a week after the Intergovernmental Panel on Climate Change (IPCC) gave its starkest warning yet that the vast majority of existing oil, gas and coal reserves need to be kept in the ground, a new report reveals that governments are flagrantly ignoring these warnings and continuing to subsidise exploration for fossil fuels.
“Greenhouse gas emissions from human activity are higher than ever, and we're seeing more and more extreme weather and climate events….We can't prevent a large scale disaster if we don't heed this kind of hard science.”