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As people around the world are staying indoors, factories are shuttering and cars are off the road, it’s become evident that the biggest winner of the coronavirus pandemic is our planet. Los Angeles’ air quality is in the green, and in fact, air pollution and CO2 emissions are falling around the world. Venice’s canals are […]
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With Senator Elizabeth Warren exiting the Presidential race yesterday on the eve of the International Day of the Woman, we wanted to pay homage to her huge policy contribution to the Democratic contest with an impressive array of proposals, not the least of which dealt with climate change and the environment.
Why This Matters: Senator Warren’s numerous plans on climate and environment are both detailed and progressive but also achievable. That is a tough needle to thread.
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Top Stories of 2019: This past February the announcement of the Green New Deal resolution sent reverberations throughout Capitol Hill as well as the nation. Suddenly, climate change became a major component of our political discourse.
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Last week, as the UN Climate Meeting lurched and sputtered, the European Commission’s president, Ursula von der Leyen of Germany, proposed the European “Green Deal” — a blueprint for how Europe will cut their carbon emissions in half by 2030 and achieve carbon neutrality by 2050, aiming to be a first-mover on creating climate-friendly industries and building clean technologies.
Why This Matters: Countries that seize the moment to transition to a fossil-fuel-free economy will win this century, and those that do not will be left behind.
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In a report published on Wednesday, the European Environment Agency said that Europe’s progress towards cutting greenhouse-gas emissions and boosting the share of renewables in the energy mix is not happening quickly enough and as a result, the EU will miss its goals. Moreover, the EU can expect to confront heat waves that are more severe than recent record-breaking events every two years from 2050 on, The Telegraph reported.
Why This Matters: The EU considers itself a climate leader globally and so missing these targets is a big deal.
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The European Investment Bank (EIB) in what some called a “game-changer” announced at the end of last week that it will phase out funding for fossil fuel projects by the end of 2021, dealing a major blow to oil and gas companies. Instead, according to The Wall Street Journal, the bank will “use €1 trillion ($1.1 trillion) for climate-change action and environmentally sustainable investment by 2030 and help the EU reach 32% renewable energy across the bloc by 2030.”
Why This Matters: We can think of 1.1 trillion reasons. And this policy covers ALL fossil fuels including traditional natural gas projects.
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