Ditch oil and gas to meet climate goals, report says - but where does that leave SA?
The IISD recommends developing nations leapfrog oil and gas altogether and pursue renewables that will avoid emissions.
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Fossil Investment Could 'Fully Finance' Renewable Shift to 1.5°C
Redirecting $570 billion per year from planned oil and gas investments could "fully finance" wind and solar expansion to meet a 1.5°C target, showing that oil and gas development must be halted to keep global warming within safe limits, a new report concludes.
Why It's So Hard to Put a Price on Carbon
In the past decade, the phrase “put a price on carbon” has gathered steam around the globe. And carbon pricing has been hailed by scientists, economists, and business leaders as one of the most cost-effective tools to decarbonize economies. But the exact price—typically expressed in terms of value (e.g. dollars or other local currency) per metric ton of carbon dioxide equivalent—varies, depending on the jurisdiction, the policies in place, and the pricing instrument. In other words, this is not a one-price-fits-all situation.
New oil and gas fields "incompatible" with limiting warming to 1.5°C
The world has been warned that there is no room for new sources of fossil fuels if it wants to limit warming to 1.5°C, with a need to focus on boosting wind and solar capacity instead. The warning came in the International Institute for Sustainable Development’s (IISD) analysis of different climate and energy scenarios across the full body of global modelled pathways, including those from the Intergovernmental Panel on Climate Change (IPCC), International Energy Agency (IEA) and International Renewable Energy Agency (IRENA), as well as the private sector. It concluded that developing any new oil and gas fields is “incompatible” with limiting warming to 1.5°C and that there is no room for new fossil import infrastructure in Europe under 1.5°C-aligned gas phase-out pathways.
EU states 'revolt' against controversial energy treaty
Energy companies have been suing European governments for billions of euros to protect their fossil fuel investments in recent years via an obscure treaty adjudicated in secret arbitration courts. But that could be about to change.
Self-Assessment Tool for the Implementation of the WTO Fisheries Subsidies Agreement
As World Trade Organization Members prepare for the entry into force of the new Agreement on Fisheries Subsidies, this new tool aims to support their implementation efforts.
Navigating Energy Pathways for Climate Ambition: The implications of 1.5°C scenarios for Paris-aligned energy transitions
The webinar provides a first look at key findings from a new IISD report examining modelled pathways consistent with limiting warming to 1.5°C.
Keir Starmer backs stiff sentences for climate protesters who block roads
Keir Starmer has said he would continue with Tory plans for stiff sentences for climate protesters who block roads, despite reiterating Labour’s pledge for no new oil and gas licences, as two Just Stop Oil activists caked a waxwork of King Charles.
What Makes a Successful Environmental Negotiation Possible?
In the run-up to the UN Climate Change Conference (COP 27), the UN Biodiversity Conference (COP 15), and other key sustainable development negotiations during November and December, we asked experts from the Earth Negotiations Bulletin what sets a negotiation up for a successful outcome.
Planned New Oil and Gas Investments Incompatible with 1.5°C Warming Limit
Projected investments in new oil and gas fields by 2030, incompatible with limiting global warming to 1.5°C, could fully finance the wind and solar energy ramp-up required to stay within this target, finds a new report by the International Institute for Sustainable Development.