Sentences with phrase «fuel exploration continued»

Financing for fossil fuel exploration continued at significant levels, in spite of the fact that this lending supports the expansion of projects that threaten the climate.
As Lofoten Declaration signatory Secretary General Martel of the Pacific Island Development Forum importantly notes, «the only reason why fossil fuel exploration continues is because of powerful people with vested interests and the political influence that they wield.

Not exact matches

Implementation of this policy commitment would also render unnecessary continued substantial expenditure on fossil fuel exploration, because any new discoveries could not lead to increased aggregate production.
While the majority of Americans want stronger U.S. action on climate change, policies at the state and federal level continue to underwrite the ongoing exploration and production of fossil fuels.
The bottom line is, safety has been and will continue to be my administration's top priority when it comes to oil and gas exploration off America's precious coasts — even as we push our economy and the world to ultimately transition off of fossil fuels.
Offshore oil and gas exploration have devastating impacts on the local environment and climate, and the continued extraction and consumption of fossil fuels is incompatible with the Paris agreement and limiting global warming below 1.5 °C.
We call on these governments and companies to recognize that continued fossil fuel exploration and production without a managed decline and a just transition is irreconcilable with meaningful climate action.
While overall financing of fossil fuel projects at the World Bank has gone down in recent years, support for projects that include exploration for fossil fuels has continued to rise.
As long as you have capitalism you will have political statements opposed to CO2 emissions and promising to do something about it, but political outcomes that achieve nothing and commercial practices that continue exploration for fossil fuels and exploit whatever fossil fuel resources they can get their hands on.
The World Bank Group continues to invest in exploration for new fossil fuel reserves despite clear signs that we already have far more fossil fuels than we can afford to burn, and over the last five years, the World Bank Group's total fossil fuel finance has trended upwards, with finance into the billions of dollars nearly every year.
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