Energy leaders at Houston summit shift focus to Trump's dominance
#BigOil #FossilFuelsThe energy summit in Houston showcased big oil industry leaders exuding bravado but hiding Trump-induced anxiety. Fossil fuel companies pivot from sustainability to echoing Trump's energy dominance, with worries about tariffs and uncertainty looming, even as climate breakdown urgency persists. read more
Advocacy Groups Warn of Fossil Fuel Immunity Threat to Climate
#FossilFuels #ClimateLitigationThe CHS oil refinery in Kansas is seen against the sunset. Nearly 200 groups urge Congress to resist fossil fuel immunity efforts to protect climate litigation. Fossil fuel lobbyists fear future accountability lawsuits and seek full immunity, similar to firearms industry. Climate advocacy groups are wary of industry influence and legal challenges. read more
Residents demand fossil fuel industry to pay for wildfire damages
#CaliforniaWildfires #FossilFuelsThe Eaton fire engulfed a home in Altadena, Los Angeles on 8 January. LA residents affected by wildfires blame fossil fuel industry for damages, pushing for accountability and reparations. Experts note climate crisis contributed to fires. Legislation aimed at holding oil companies responsible is forthcoming. read more
University of Toronto's School of Environment Cuts Ties with Fossil Fuels
#UniversityofToronto #fossilfuelsThe University of Toronto's environment school in Canada has decided to cut financial ties with fossil fuel companies, making it the only institution in North America with this commitment. This move follows mounting pressure from climate activists. read more
Private Equity Firms Channel US Workers' Savings Into Fossil Fuels
#PrivateEquity #FossilFuelsPrivate equity firms invested $1tn in the energy sector since 2010, using public workers' retirement savings in fossil fuel projects creating a billion tonnes of emissions annually. Researchers found transparency lacking, with firms like EIG and Carlyle heavily involved in high-emission assets. . read more
Investments in Unproven Climate Solutions Criticized for Risking Fossil Fuel Dependence
#CarbonCapture #FossilFuelsWealthy countries, particularly the US, are investing billions in unproven climate solutions like carbon capture. Experts argue the funds are a waste and suggest focusing on proven, less risky solutions. Critics urge redirecting subsidies to efficient energy solutions. read more
Climate Crisis Chat: Trump and Musk's Uninformed Exchange Sparks Backlash
#ClimateCrisis #FossilFuelsDonald Trump and Elon Musk engaged in a controversial climate conversation, with Trump claiming there's no urgency to cut carbon emissions as fossil fuel supply is uncertain. Musk disagreed, pointing out the eventual depletion of resources as the only reason to transition. read more
#EnvironmentalActivism #FossilFuels
A coalition of environmental groups urges Biden's administration to halt new deepwater oil-export facilities and extend the pause on gas-export licenses. The groups seek to limit fossil fuel production to combat climate change despite arguments for job creation and economic benefits. read more