The site of Project One. Photo credit: Ineos. By Anders Lorenzen Jim Ratcliffe, the UK’s richest man and the founder and CEO of Ineos, the petrochemical giant, who perversely pays little UK tax as he resides in the tax haven of Monaco, has won UK government backing from a giant fossil fuel project which campaigners have labelled as climate wrecking. […]
Analysis: New coal mines add question mark to India’s climate commitments
A coal power plant at Dadri in Gautam Budh Nagar district, Uttar Pradesh. Despite a significant uptake of renewable energy, India still relies on coal plants for more than half of its installed electricity supply. Photo credit: Mayank Makhija / Alamy. By Rejimon Kuttappan Along with a major expansion of renewable energy, India is also pushing for big increases in […]
Opinion: Donald Trump drills deep into the pocket of fossil fuel
By Russ Baker Look at Trump’s words under a microscope. What do you see? The very first thing Donald Trump plans to do in a second Trump administration, he told Fox News’s Sean Hannity, is issue an order: “Drill, drill, drill!” With all of the things Trump could seize upon, why that particular one? Although pushing for more oil extraction […]
2025 coal consumption peak steals the highlight in China’s energy outlook
By Anders Lorenzen The consumption of coal, the most climate polluting fossil fuel, is predicted to peak by 2025 in China, the world’s highest emitting country. Analysis by Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons (BMT), the state-run energy group said in an outlook released today (28th December). Its outlook also predicted that renewable […]
Opinion: COP28 – you can’t argue with the laws of physics
Sultan Al Jaber is the CEO of the Abu Dhabi National Oil Company (ADNOC) and served as the President of COP28. Photo credit: AFP. By Anders Lorenzen Life on Earth is, however much we try to live in ways that do not match reality, still within some constraints. All the resources of our planet do have their limits even though […]
Analysis: COP28, a compromised deal reached amidst all-time high fossil fuel influence
The COP28 President Sultan Al Jaber applauds the deal reached after two weeks of climate negotiations. Photo credit: COP28. By Anders Lorenzen Whether or not to include the language stating ‘fossil fuels must be phased out’ rather than ‘phased down’ became the key contentious issue at this year’s UN climate talks. A draft text released Friday, with just under a […]
COP28: The world temperature is expected to reach 1.4 degrees C this year
Photo credit: Fernando Astasio / Adobe Stock. By Anders Lorenzen As the UN climate summit, COP28, kicked off in Dubai, United Arab Emirates (UAE) on Thursday, the United Nations (UN) body the World Meteorological Organization (WMO) delivered another stark warning. In its provisional State of the Global Climate report, they confirmed, that not only is 2023 on track to be […]
COP28: On the eve of COP28 star-studded campaign film highlights UK pension funds’ big fossil fuel shame
climate change Photo credit: Make My Money Matter. By Anders Lorenzen Olivia Colman, the British film and TV star whom readers outside the UK might best know for her role portraying the Queen in the Netflix blockbuster The Crown, takes on an entirely different role in a campaign film released by the campaign group Make My Money Matter. In the […]
Viewpoint: No change in fossil fuel production plans
By Jeremy WilliamsThere’s a giant cognitive dissonance at the heart of global climate politics. Almost every country now agrees that it has work to do to prevent climate disaster. The age of scepticism is over and every major economy has set carbon targets. At the same time, those governments all want to maximise fossil fuel production. According to the recent […]
COP28: A coalition of companies unite around ditching fossil fuels from the final agreement
An Offshore Support Vessel and a deepwater drillship at work during exploratory phase of a new offshore field. Photo credit: Public Domain, via Wikimedia. By Anders Lorenzen Just over a month out from another crucial UN climate summit, COP28 – this year held in Dubai in the United Arab Emirates (UAE) – a divide has been building up between two sectors of […]