It would take more energy than all the world’s houses will consume in 2100 to power a fledgling technology that captures enough carbon dioxide from the air to limit global heating at 1.5°C, according to British multinational oil company Shell.
Demand for crucial energy transition materials is expected to increase four to six times from current levels by 2050, making it urgent to solve the social and environmental problems of mining, say advocates for a clean and just energy transition.
This story was originally published by The Guardian and appears here as part of the Climate Desk collaboration.
The swimming pools, well-watered gardens and clean cars of the rich are driving water crises in cities at least as much as the climate emergency or population growth, according to an analysis.
"Every LNG terminal that comes online risks locking in decades of avoidable climate pollution and environmental injustice."
Ahead of a planned global summit on the climate and environment in Japan, campaigners on Wednesday urged the Biden administration to resist pressure from Japanese officials to expand public investments in liquefied natural gas, which is derived from fracking and the drilling of oil and gas wells, warning that proponents have wrongly claimed the gas is a "clean" alternative to other fossil fuels.
Despite pledging to reach net-zero greenhouse gas emissions, Canada’s Big 5 banks have invested over $1 trillion in coal, oil and gas companies since 2016, upping the risk to the Canadian economy as the energy transition unfolds.
This dire forecast may be overly pessimistic. Unfortunately, it's consistent with the continuing history of market economics blocking most attempts at increasing social-economic planning.