By Patrick Parenteau, Vermont Law School | – The new Inflation Reduction Act is being justly celebrated as the most significant piece of federal legislation to address the climate crisis to date. It includes about US$370 billion in incentives for everything from solar panels to electric vehicles. But there’s some confusion around what it allows […]
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Natural Gas
It is now Cheaper to Switch from Coal directly to Wind and Solar than to Natural Gas
Ann Arbor (Informed Comment) – Matthew Gray at Transition Zero writes that it is now cheaper in North America and Europe to switch from coal plants directly to wind, solar, battery renewable energy sources than it is to switch to methane (“natural”) gas. TZ figures transition costs in expenditure of carbon dioxide, and finds that […]
Stubborn US, UK Oil Investments Expose Corporations, Investors to $1.7 Trillion in Stranded Assets
By Laureen Fagan | – ( Sustainability Times ) – Universities, governments, faith groups and others are changing their investment policies to better align with Paris Agreement climate goals, but they’re also doing so to limit the risk of financial exposure — and that’s been met with political pushback over stranded assets, particularly in Britain […]
Extinction Rebellion inspires Shell Consultant to Resign over Company’s Bad Faith on Climate Emergency, Call for More Resignations
Ann Arbor (Informed Comment) – In a letter of resignation to the Shell executive committee that she posted to her Linkedin page, Caroline Dennett, the director of the Clout consultancy, explained that she was leaving because Shell is “operating beyond the design limits of our planetary systems” and “is not implementing steps to mitigate the […]
Russia’s Weaponization of Natural Gas could backfire by Destroying Demand for It
By Michael E. Webber, University of Texas at Austin | – In December 2006, The Economist magazine published a cover drawing of Russian president Vladimir Putin, dressed like a 1930s gangster in a dark suit and fedora hat, under the headline “Don’t Mess with Russia.” Putin held a gasoline nozzle, gripping it like a machine […]
How Big Oil fuels both Rising Authoritarianism and worsening Climate Crisis
By Eve Darian-Smith, University of California, Irvine | – Around the world, many countries are becoming less democratic. This backsliding on democracy and “creeping authoritarianism,” as the U.S. State Department puts it, is often supported by the same industries that are escalating climate change. In my new book, “Global Burning: Rising Antidemocracy and the Climate […]
Bin Putin? How Russia is increasingly becoming the Saudi Arabia of the North
( Foreign Policy in Focus) – A failed military intervention. The genocidal killing of citizens. Economic isolation by the international community. The arrests of anti-war protestors at home and the shuttering of independent media. Any one of these factors could mark the end of an ordinary political leader. Yet Russian President Vladimir Putin has not […]
No to Blackmail: Germany to be free from Russian oil, coal by end of 2022, Gas by 2024 – Econ Minister
( Clean Energy Wire) – Germany is making considerable progress in weaning itself off fossil fuel imports from Russia and could become virtually independent of the country’s coal and oil by the end of this year, said economy and climate minister Robert Habeck in Berlin. Natural gas supply poses the biggest challenge and it will […]
Industrialized Nations must stop Producing Fossil Fuels by 2034 to keep Climate from Going Tropical and Chaotic
Ann Arbor (Informed Comment) – Scientists Dan Calverley and Kevin Anderson at Manchester University have brought out a new report looking hard at what would have to be done for us to have a 50/50 chance of keeping the increase in the average temperature of the earth’s surface to 2.7 degrees F. (1.5C) over preindustrial […]