Study Shows Majority of Fossil Fuel Power Plants Could be Obsolete by 2035

Study Shows Majority of Fossil Fuel Power Plants Could be Obsolete by 2035

A vast majority of fossil fuel power plants will reach the end of their lives by 2035, a new report shows. Experts say that this revelation shows that President-elect Joe Biden’s climate goals aren’t as lofty as they may have once seemed, according to Inside Climate News.

Why This Matters: President-Elect Biden has planned to transition the United States to net zero emissions by 2050 and carbon-free electricity by 2035.

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DITCHED:  Is 2020 the Tipping Point for Fossil Fuel Divestment?

DITCHED: Is 2020 the Tipping Point for Fossil Fuel Divestment?

Despite economic disruptions caused by the coronavirus pandemic, a growing number of countries, companies and financial institutions are committing to quit coal and are beginning to ditch oil and gas projects, too. 

In this episode of Political Climate’s special DITCHED series, host Julia Pyper speaks to Tim Buckley at the Institute for Energy Economics and Financial Analysis (IEEFA) about what’s driving the increase in fossil fuel exits around the globe, including in historically coal-dependent economies such as China and India.

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Trump’s Failed Promises to Coal Country Can’t Go Unchecked

Trump’s Failed Promises to Coal Country Can’t Go Unchecked

During his 2016 presidential campaign, then-candidate Trump promised to reopen coal mines and expressed to coal communities that he was their last shot at reviving the ailing industry. After the media drastically twisted Hillary Clinton’s comments about a just transition for coal miners, Trump was able to paint himself as a savior for struggling rural […]

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Methane Leaks Globally Rise Dramatically Despite COVID-Related Slowdowns

Methane Leaks Globally Rise Dramatically Despite COVID-Related Slowdowns

In 2020, oil and gas use is down but methane leaks are up dramatically during the same time period according to a study by the energy data firm Kayrros, Reuters and The Washington Post reported.  Oil and gas companies had pledged to cut their greenhouse gas emissions.

Why This Matters: Methane is a highly damaging greenhouse gas in its first 20 years after being emitted — it’s 80 to 90 times more potent than carbon dioxide during that time period.

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Carbon Dioxide Not Expected to Exceed 2019 Levels Again Until 2027 click button

Carbon Dioxide Not Expected to Exceed 2019 Levels Again Until 2027

The International Energy Agency (IEA) Annual Report projects that because of the COVID-19 pandemic, there will be a 7 percent drop in energy-related carbon dioxide emissions in 2020 due to associated reductions in fossil fuel use, and that emissions of CO2 pollution will remain below 2019 levels until 2027. 

Why This Matters:  This is good news for air pollution in general as well as for climate change.  We needed to put the breaks on continual increases in CO2 emissions — and this was a hard way to do it.

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New IEA Report Crowns Renewables “New King” of World Electricity Markets

New IEA Report Crowns Renewables “New King” of World Electricity Markets

Yesterday, the International Energy Agency published its 2020 World Energy Outlook, which focuses on the next decade in the wake of the COVID-19 pandemic and makes a bold forecast: oil demand will hit a plateau in 2030 and decline from there, while solar energy could become the “new king of the world’s electricity markets.” In […]

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