With his unconditional
support for fossil fuels and implacable opposition to renewable energy, he seems to be doing his best to destroy it.
Meanwhile, other financial institutions, even private ones, are stepping up and curbing
their support for fossil fuels.
Markus Trilling, finance and subsidies policy coordinator at Climate Action Network (CAN) Europe, said: «The current approach of the European Parliament to the future EU budget is clearly pointed in the right direction as it recognises how vital it is to make all EU spending work for the climate and to end
any support for fossil fuels.»
The six major multilateral development banks (MDBs) studied — the World Bank Group, the European Investment Bank, the European Bank for Reconstruction and Development, the Asian Development Bank, the African Development Bank, and the Inter-American Development Bank — continue to provide substantial
support for fossil fuels, despite strongly - worded promises to fight climate change.
What's more probable than an assault on renewable energy itself is
support for fossil fuels, according to all the experts Utility Dive spoke with.
According to the International Monetary Fund, when you factor in implicit subsidies from the failure to charge for pollution, climate change and other externalities, the post-tax cost of
support for fossil fuels comes in at close to $ 2 trillion each year.
This Government, in its opposition to renewable energy and
support for fossil fuels, has made itself the enemy of the future generations who will have to live with climate change.
The report, entitled Financing Climate Disaster: How Export Credit Agencies Are a Boon for Oil and Gas, calls on USEXIM and other nations» export credit agencies (ECAs) to phase out all financial
support for fossil fuels by 2020 at the latest, in order to help prevent the worst impacts of climate change.
For example, following the 2016 U.S. presidential election, the organization rallied supporters to challenge President Donald Trump's
support for fossil fuels and to fight against fossil fuel infrastructure.
Romney, in turn, attacked Obama for presiding over rising gasoline prices and faking
support for fossil fuels.
Their continued
support for fossil fuel production marries bad economics with potentially disastrous consequences for the climate.
Among the most significant sources of public
support for fossil fuel investments, ECAs provide government - backed guarantees, insurance, credits, and loans to support the export of goods and services abroad.
And now, understandably, they've had a hard time adjusting to the presumptive nominee Hillary Clinton, a candidate who both defends her past
support for the fossil fuel industry, and continues to pay them lip service.
Tax credits, defined as a subsidy by the World Trade Organisation, are a key route of
support for the fossil fuel industry.
According to Shorting the Climate, a report documenting big bank
support for fossil fuel infrastructure, the top global and U.S. banks provided $ 785 billion for fossil fuel infrastructure such as coal and tar sands development from 2013 through 2015.
The G7 should review MDB
support for fossil fuel production in light of these commitments.
The multilateral development banks» $ 7 billion in fossil fuel finance in 2015 is part of over $ 83 billion in
support for fossil fuel projects they provided between 2008 and 2015, according to the new analysis by Oil Change International.
The U.S. government is providing extensive
support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report released today finds.
The Heartland Institute has a long history of climate change denial and
support for the fossil fuel industry and is known for its regular International Conference on Climate Change (ICCC) where prominent climate change deniers gather to promote the idea that a debate still exists on the science behind man - made climate change.
Labor pretends to be concerned by climate change, but do nothing to stop
support for the fossil fuel industry (Adani coal mine is a case in point), and continue the green wash of society who actually think that they are acting on the issue.
All PFIs, beginning with OECD countries in 2017, should report annually on their progress in scaling back
support for fossil fuel - related transactions.
By the sounds of things, they have some significant support as Steve Grossman, MA state treasurer and chair of the PRIM board, recently announced
his support for fossil fuel divestment.
While some leading industrial countries have been reducing subsidies to fossil fuels — notably coal, the most climate disrupting of all fuels — the United States has been increasing
its support for the fossil fuel and nuclear industries.
Not exact matches
Fossil -
fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state
support for clean energy while protecting the interests of the oil industry.
BC Chamber of Commerce massively promotes and
supports these
fossil fuel and energy projects, since they believe it enhances «business growth» in BC, and since it appears only money talks in this province, boycotting their membership is a first step in demanding those corporations take an ethical stand
for the protection of BC on this matter.
The companies include Chevron Corp., ExxonMobil, ConocoPhillips Co., BP, Royal Dutch Shell and Peabody Energy Corp. «The American people deserve answers from the
fossil fuel corporations about their actions to massively deceive the public in regards to climate science,» Lieu and Welch wrote in a letter to their House colleagues asking
for their
support.
They can
support sustainable energy sources
for home electricity — and move away from
fossil fuels — by signing up
for «Make the Switch,» a partnership between Mass Audubon and the nonprofit Massachusetts Energy Consumers Alliance (Mass Energy).
The reasons
for the continuing
support for nuclear energy by political parties of all colours is simple: our dependence on
fossil fuels poses real risks to the country's energy security, the environment and energy prices.
He condemned Tony Blair's
support for nuclear power as a way of reducing Britain's reliance on
fossil fuels, saying: «Nuclear technology is tried, tested and failed.
Hawkins also
supports divestment from
fossil fuels and from
for - profit prisons.
Organizations
Supporting the
Fossil Fuel Divestment Act: 350.org NRDC Sierra Club Atlantic Chapter Citizens Campaign
for the Environment Clearwater Food & Water Watch Citizen Action of NY 350NYC NYS Council of Churches Catskill Citizens
for Safe Energy Catskill Mountainkeeper Citizens Environmental Coalition of NY
Fossil Free & Green NY Green Education and Legal Fund Greenfaith Healthcare Without Harm Jews Against Fracking NY Interfaith Power & Lights People
for Animal Rights Plan to Save the Planet, Albany Renewable Energy Long Island Rochester People's Climate Coalition Syracuse Cultural Workers Syracuse Peace Council
Beth Newcomer The Legislative Analyst
for NYC Council Member Helen Rosenthal (District 6, Upper West Side) encouraged attendees to reach out to their local Council Members and urge them to
support the following legislative initiatives: • Possible legislation regarding divestment of the city's pension funds from
fossil fuel companies • A bill to require the city to do a carbon footprint analysis of all the products the city procures, and to use that analysis to inform a policy of low - carbon operations • A number of bills to reduce the carbon emissions of city - owned vehicles and improve the sustainability of city buildings • A bill to enhance the city's already - strong idling laws so as to make them easier to enforce Find your Council Member here.
And it also means that he has to stop
supporting the use of
fossil fuels, including his idea to spend perhaps a hundred million dollars to expand the gas plant that is heating the Empire State Plaza and lock in gas emissions into a low - income people - of - color community
for the next 30 years in the Arbor Hill area.»
Millionaire congressional hopeful Dean Phillips invested as much as $ 2 million in energy companies even as he criticized Republican Rep. Erik Paulsen
for supporting fossil fuel development.
«He also refused to embrace the scientific view that climate change is now overwhelmingly driven by the burning of
fossil fuels and failed to answer legitimate questions about Exxon's
support for climate denial groups during his tenure.»
Romney accused the president of being responsible
for rising gasoline prices and reduced access to public lands
for oil production, and being disingenuous about
supporting fossil fuels.
Supporting his «moral obligation» to step up to the fight now, Hansen adds in the Times article that burning a substantial fraction of Earth's
fossil fuels guarantees «unstoppable changes» in the planet's climate, leaving an unfixable problem
for future generations.
Fossil fuel industries collect some $ 4 billion a year in tax breaks and other aid, reports Taxpayers
for Common Sense, a group of nonpartisan budget watchdogs — and that figure doesn't even take into account hidden forms of
support, such as the Pentagon's jet aircraft research and development that led to efficient new natural gas turbines.
In response to another question from Sanders, Zinke said he
supported extracting
fossil fuel from public lands along with
supporting wind and solar power, calling
for an «all - of - the - above» approach to energy production.
For this and other reasons, Canadian doctors
support a complete phaseout of this dirty
fossil fuel.
The Obama administration, as part of its all - of - the - above energy strategy, increased DOE's
support for nonfossil
fuels, but Congress made sure the agency also stayed in the
fossil fuel game.
The 12 projects contained in today's new briefing are examples that demonstrate how public finance is still acting as a critical lifeline
for destructive
fossil fuel projects, many of which could not otherwise be built, and how this
support continues to this day, a full year after the Paris Agreement entered into force.
Dayaratna writes reports
for Heritage attacking climate modeling and
supporting the expanded use
fossil fuels.
The Communiqué calls on the international community to increase efforts to phase out perverse subsidies to
fossil fuels by promoting policy transparency, ambitious reform and targeted
support for the poorest.
Recycling is high on the agenda
for the schools - which both belong to Focus - Trust, a charitable multi-academy trust based in the North West of England — with Thornhill receiving a shout out from local MP Paula Sherriff during Prime Minister's Question Time after she received a letter from students concerned about the UK's reliance on
Fossil Fuels; an issue the MP said that, if tackled, would
support the sustainable future of the green economy.
For those who want to try biodiesel in the Golf SportWagen TDI, Volkswagen only
supports B5, a mix of 5 percent biodiesel with
fossil fuel diesel.
Advocates say the carbon footprint of bioplastics is better than
fossil fuel - derived alternatives, which is true, but as «Life Without Plastic» points out, there's the added issue of
supporting genetically modified corn production, which currently provides most material
for bioplastics.
As far as I can tell, there is no
support for «alarm» or immediate major action to reduce
fossil fuel use.
Now that George W. Bush and Dick Cheney are no longer around to run the Executive Branch as a wholly - owned subsidiary of ExxonMobil, Chevron, et al, and the Obama administration and the Congress are moving to take action — however inadequate — to reduce emissions, the
fossil fuel industry's campaign of denial and deceit will kick into overdrive, with the goal of undermining public
support for the necessary action.
And keep in mind, two - thirds of the American people
support mandatory controls on GHG emissions in spite of the relentless onslaught of
fossil fuel industry propaganda, and the lies of commission and omission, that have dominated the public discourse
for a generation.