Fossil Fuels
China’s Belt and Road gets ‘green’ reboot and spending boost
Clean energy is a priority as China promises $100 billion of development funding – but don’t call it climate finance
One million coal jobs face the axe globally by 2050
China and India will see the biggest coal job losses and need to plan support for affected communities, Global Energy Monitor warns
Capturing coal’s carbon can ease pain of India’s energy transition
Nearly two fifths of India’s districts depend on the coal sector and a rapid phasedown would be devastating for millions of people
ADB set to launch first coal early retirement scheme in Indonesia
A finance tool to shut down Asian coal plants up to a decade early will swing into action “soon”, says Asian Development Bank climate envoy
Vietnamese climate activist jailed in ‘unjust’ government crackdown
Five environmentalists have been jailed in the last two years, while the government works on a clean energy partnership with rich nations
EU uses pollution tax funds to back Romanian gas pipeline
The European Union is using taxes on pollution to fund a gas pipeline in Romania, claiming it will reduce emissions compared to coal
Leaders must listen to the people and end fossil fuels
Masses of people will take to the streets in 650 events around the world this weekend, to call for a phaseout of coal, oil and gas
Why India is rebuffing a coal-to-clean deal with rich nations
The country is not moving away from coal yet, doesn’t want to hand rich nations a win and thinks the JETP terms aren’t good enough
G20 leaders strike renewables deal, stall on fossil fuels
The world’s largest economies agreed to push for a tripling of renewable energy capacity by 2030, but made no progress on oil and gas phaseout
African leaders skirt over fossil fuels in climate summit declaration
A joint statement forming the basis of Africa’s negotiating position for Cop28 is silent on the role of oil and gas
‘Carbon bomb’ in Argentina gets push from local government
Argentina’s southern city of Sierra Grande started public hearings for a shipping terminal to export from Vaca Muerta, the world’s second largest shale gas reserve
EU puts Maroš Šefčovič in charge of climate policy
The Slovakian will replace Frans Timmermans as the EU’s lead on climate, at home and abroad
Ecuadorians reject Amazon oil drilling in historic referendum
Around 60% of voters said oil reserves in the Yasuní National Park should be left in the ground in binding vote
US sparks controversy by backing oil company’s carbon-sucking plans
The CEO of Occidental Petroleum has said that direct air capture is a way of prolonging the life of the oil industry
Ghana’s gas curse – Climate Weekly
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Gas lock-in: Debt-laden Ghana gambles on LNG imports
The West African nation is preparing to import LNG under a long-term agreement with Shell which critics say Ghana doesn’t need and can’t afford.
UK government bets on ‘pragmatic’ climate inaction ahead of election
The government is cutting climate finance, backing oil production and opposing air pollution measures in an attempt to win next year’s election
Pressure grows on governments and banks to stop supporting Amazon oil and gas
An upcoming summit on protecting the Amazon has become the focus of a Indigenous and civil society-led campaign to set up an exclusion zone for fossil fuels
‘Historic milestone’: Ecuador nears vote to keep Amazon oil in the ground
Experts consulted by Climate Home News suggested the vote will define Ecuador’s economic model for the future.
Norway approves oil and gas fields despite Cop fossil phase-out push
Despite pushing for a phase out of unabated fossil fuels, Norway claims its oil and gas are “essential to Europe’s energy security”