The Hidden Subsidy of Fossil Fuels

Alas, such a clean fix is impossible, because the $5.2 trillion figure includes much more than a cash transfer from government to businesses. By the commonsense definition of the term, governments actually subsidized fossil fuels by $296 billion in 2017, according to the report.

The International Energy Agency released its first Global Electric Vehicle Outlook. Sales of electric vehicles grew despite the pandemic-related economic downturn. Europe surpassed China on electric vehicles bought for the first time in 2020. Post-pandemic economic rescue plans further boosted global uptake of EVs. While global car sales took a pandemic-related hit last year, electric... Continue Reading →

Canada has committed to reach net-zero carbon emissions by 2050 The Liberal government announced Tuesday it's speeding up its goal for when it wants to see every new light-duty vehicle sold in Canada to be zero emissions. Transport Minister Omar Alghabra said that by 2035, all new cars and light-duty trucks sold in the country... Continue Reading →

COP26 | Breakthrough or more Blah Blah Blah?

Is COP26 the Answer We’ve Been Waiting For Or a Dangerous Fantasy? COP26 has been described as “the” critical climate summit to have a chance at limiting the warming of the planet to well below 2ºC, preferably 1.5ºC. Will COP26 keep 1.5 degrees alive? Will it be the answer we’re looking for or yet another... Continue Reading →

Local governments are having a say in how their nations revise climate goals ahead of COP26

One of the most unique features of the Paris Agreement is perhaps represented by the preamble paragraph itself: “Recognizing the importance of the engagements of all levels of government and various actors, in accordance with respective national legislations of Parties, in addressing climate change.” However, none of the first national climate plans (formally known as... Continue Reading →

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