Climate Change

Say Former UN Climate Leaders.

Dec. 13, 2020

Global ambition to avert climate catastrophe “must shift quickly to another scale, beyond recognition.”

A group of four former United Nations climate chiefs say it’s “unthinkable” for the world to continue its business-as-usual approach to climate action, warning that without ramped-up ambition, humanity is headed down a “road to hell.”

Dec. 8. 2020

December 10, 2020

"The only reasonable decision for investors in this situation is to green their portfolio and to quit companies planning new fossil investments now."

Five years after the world adopted the Paris climate agreement, global financial institutions have provided over $1.6 trillion in loans and underwriting to multinational fossil fuel firms planning and developing destructive oil and gas projects, a joint report from 18 environmental groups revealed Thursday.

Dec 8, 2020

The CleanBC plan, released two years ago, still doesn’t lay out a credible pathway to meet emissions targets. A look at fracking and LNG helps explain why

December 10, 2020

Dec. 7, 2020

European scientists reported that November’s global temperatures were the highest ever, surpassing the previous record, set in 2016 and 2019.

Last month was the hottest November on record, European researchers said Monday, as the relentlessly warming climate proved too much even for any possible effects of cooler ocean temperatures in the tropical Pacific Ocean.

Posted on December 7, 2020

This is the first in a series of posts that aim to describe and evaluate the World War II mobilization experience in the United States in order to illuminate some of the economic and political challenges we can expect to face as we work for a Green New Deal.  

"In the linked document related to Denmark the country's prime minister, elected in June 2019 is quoted as saying, "If we succeed, it will be because we hurried." Sounds like a great motto for the movement."

         -- Gene McGuckin

FOR IMMEDIATE RELEASE

December 3, 2020

Contact:
Hannah McKinnon, hannah@priceofoil.org

Danish announcement sends signal: climate leadership means end to fossil fuel expansion

International analyses suggest Canadian financiers are oiling the wheels of the fossil fuel industry at a far greater rate than their peers.

Bankers say they've made big strides in addressing climate change concerns and promise to reveal how dependent on carbon their portfolios are. They add the nature of Canada's resource-driven economy makes large investments in oil and gas all but inevitable.

But critics say not much is changing.