Changing course Fundamental change is required to avoid this ghastly future. Specifically, we and many others suggest: abolishing the goal of perpetual economic growth revealing the true cost of products and activities by forcing those who damage the environment to pay for its restoration, such as through carbon pricing rapidly eliminating fossil fuels regulating markets […]
Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost
The world changed drastically in the opening months of 2020, with the COVID-19 pandemic forcing much of the world into lockdown. Now, as we move towards the new, post-COVID normality, renewable power generation must form a key part of global economic stimulus measures. Installing new renewables increasingly costs less than the cheapest fossil fuels. With […]
What you need to know about Davos 2020: How to save the planet
As the year began, vast tracts of Australia were burning, Jakarta was under water, while Norway recorded its warmest January day ever. Extreme weather events have long been forecast as the result of global climate change, caused by emissions of greenhouse gases that trap heat in the atmosphere. What’s happening now is the result of […]
Oil and gas companies approve $50 billion of major projects that undermine climate targets and risk shareholder returns
Oil and gas companies have approved $50 billion of investment since 2018 in major projects that undermine climate targets and threaten shareholder returns, Carbon Tracker finds in a report released today. The first study to identify individual projects that are inconsistent with the Paris Agreement finds that no major oil company is investing to support […]
A Future Without Fossil Fuels
Amos Coal Power Plant, Raymond City, West Virginia, 2004; photograph by Mitch Epstein from his ‘American Power’ series FUTURE WIHOUT FOSSIL FUELS “Kingsmill Bond” certainly sounds like a proper name for a City of London financial analyst. He looks the part, too: gray hair expertly trimmed, well-cut suit. He’s lived in Moscow and Hong Kong […]