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fossil fuel:

    Actor Mark Ruffalo is sounding the alarm that air pollution impacts minority communities the hardest, warning that racism and a “discriminating health system based on income” are combining to spell disaster for people of color. The Avengers: Endgame star also took a swipe at the U.S. fossil fuel industry in tweeting his impassioned environmental beliefs. “This is where racism intersects with health care and the environment. Air pollution is disproportionately found in BIPOC communities. Whether they are on the front lines of fossil fuel extraction like LA or North Dakota or fossil fuel production and refinement like Oakland or Long Beach,” the Hollywood star wrote. (“BIPOC” is a recently coined left-wing term that refers to “black, indigenous, and people of color.”)...
    LONDON (AP) — BP plc said Tuesday it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects. London-based BP said it will increase spending on low-carbon technology, including renewable energy projects, 10-fold to $5 billion a year over the next decade. The company expects oil and gas production to drop by about 40% over the same period. To help finance the strategic shift, BP said it will cut dividends to 5.25 cents a share from 10.5 cents in the first quarter. That will help the company meet its previously announced goal of achieving net zero carbon emissions by 2050 or sooner. BP announced the shift...
    Alexandria Herr August 2, 2020 10:59AM (UTC) This post originally appeared on Grist. Grist is a nonprofit news agency working toward a planet that doesn't burn and a future that doesn't suck. Sign up to receive Grist's top stories in your inbox. Police violence and pollution are more connected than you might realize — and they have financial ties too. A new investigation documents how the fossil fuel industry finances police groups in major U.S. cities while polluting majority Black and brown communities. The report from the Public Accountability Initiative and LittleSis, a nonprofit corporate and government accountability research institute, details how oil and gas companies are funding police foundations around the country, from New Orleans to Detroit. In some states, the...
    Then-Secretary of the Interior Kenneth Salazar (L), former Senator Bob Dole (R-KS) (C) and then-Vice President Joseph Biden in 2011.Brendan Smialowski/Getty For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones' newsletters.This piece was originally published in HuffPost and appears here as part of our Climate Desk Partnership. Ken Salazar, the Obama administration’s first-term interior secretary, took a job at an industry law and lobbying firm just months after leaving office. There, he refashioned himself as an oil champion and avoided disclosing the companies that paid him to lobby. Now Salazar has a new role: adviser to Democratic presidential candidate Joe Biden.  In June, after Biden clinched the Democratic presidential nomination, the campaign added Salazar, 65, to...
    By Tom Allard JAKARTA (Reuters) - Southeast Asia is on the brink of a "socio-economic crisis" caused by the COVID-19 pandemic that could reverse decades of poverty reduction, the United Nations has warned. "The crisis threatens to destroy the livelihoods of Southeast Asia's 218 million informal workers," a U.N. policy brief released on Thursday said. "Without alternative income, formal social protection systems or savings to buffer these shocks, workers and their families will be pushed into poverty, reversing decades of poverty reduction." The region-wide economy was expected to contract by 0.4 per cent in 2020, it said, while remittances from Southeast Asians working abroad were likely to fall by 13 per cent or $10 billion. The paper urged nations to...
    Alexandra Tempus July 26, 2020 4:20PM (UTC) This piece originally appeared on FairWarning. Ashley Hernandez was in middle school when her family moved into its first house, in the Los Angeles neighborhood of Wilmington. For years, her undocumented parents had moved around in search of steady work, gone without meals, rented out too-small apartments. Finally they had a place of their own, with three bedrooms and even a yard.  "My parents were really excited about that American dream that we'd always talked about," Hernandez said. : But their new home was just 500 feet from an active oil drilling site.  It wasn't long before the family learned to keep the windows shut so they wouldn't breathe in particulate matter....
    Yessenia Funes2 hours ago•Filed to:DIRTY MONEYDIRTY MONEYBANKSFOSSIL FUELSOIL AND GASINVESTMENT2SaveA sign hangs from Morgan Stanley’s New York City headquarters on June 21, 2006.Photo: Mario Tama (Getty Images) Fossil fuels are increasingly an unattractive investment. On Monday, Politico reported that Morgan Stanley will be the first U.S. bank to begin disclosing how much its fossil fuel loans investments contribute to climate change. This is only the latest in a string of decisions banks have made around the oil and gas industry. After pressure from members of the Gwich’in Nation in Alaska, several banks had begun to pull their funding of various fossil fuel projects. That’s only the beginning, though. Since late last year, the oil and gas industry has put...
    Brian Kahn8 minutes ago•Filed to:crude awakeningscrude awakeningsoil and gasfossil fuelscoronavirusbanksSaveFlames from the Maria fire burn through an oil field in Santa Paula, California late on October 31, 2019.Photo: Josh Edelson/AFP (Getty Images) The oilpocalypse continues. The industry has been in a tailspin since the coronavirus lockdowns drove demand into the ground. Fossil fuel companies have scrambled to figure out what to do, and it seems the latest tactic is not paying loans. On Tuesday, Wells Fargo posted a quarterly loss for the first time since 2008, which isn’t exactly a comparison that inspires confidence. Within its report on the second quarter, Wells Fargo noted that the oil and gas industry is in particular trouble. Despite making up 3% of its...
    Teenage climate worrier Greta Thunberg issued a string of fresh demands Thursday for world leaders to take emergency action on climate change, lamenting some had “given up” on the possibility of preparing a decent future for coming generations. Key to her list of executive actions was an immediate end to all investments in fossil fuel in parallel with a shutting down of fossil fuel subsidies as well as making “ecocide an international crime at the International Criminal Court.” In an interview with Reuters, the 17-year-old said governments must accept the need to transform the global economic system as a basic step in avoiding “a climate catastrophe.” “We need to see it as, above all, an existential crisis. And as long as it’s not...
    Brian Kahn3 minutes ago•Filed to:joe bidenjoe biden2020 electionfossil fuelsgreen new dealSavePresumptive Democratic presidential nominee Joe Biden speaks at McGregor Industries on July 09, 2020 in Dunmore, Pennsylvania.Photo: Spencer Platt (Getty Images) On Tuesday, Democratic presidential challenger Joe Biden released a major update to his climate plan. It has a big splashy number—$2 trillion over four years—and some solid policies. It shows, definitively, that progressives are winning by both putting forward popular policies to address the climate crisis and cranking up the pressure on the Biden campaign to move left. But the thing missing in the plan also reveals what the biggest fight of the next decade will be and the power even a weakened fossil fuel industry holds over the...
    Dharna Noor2 minutes ago•Filed to:joe bidenjoe bidenbernie sandersclimate policyfossil fuelsSaveFormer Vice President Joe Biden speaks during a campaign event in Delaware.Photo: Alex Wong (Getty Images) On Wednesday, a task force made up of supporters of Bernie Sanders’ presidential campaign (RIP) and presumptive presidential nominee Joe Biden sent 110 pages of policy recommendations to the Democratic National Committee for its consideration drafting the national platform. The document includes 14 pages of climate proposals. There’s a lot to like in those 14 pages, including language to strengthen adherence to Indigenous treaty rights, ensure jobs in the renewable energy sector are unionized, and reduce emissions from American agriculture. But the recommendations still leave Biden and national Democrats with no plan to phase out...
    Paris (AFP) – United Nations chief Antonio Guterres on Thursday urged world leaders to favour clean energy solutions as they pour money into their economies to save them from a coronavirus-induced meltdown. Governments should exit coal, stop subsidising other fossil fuels, and pressure polluting industries to clean up their act in exchange for bailing them out, the UN Secretary-General told an International Energy Agency conference by video link. “Today I would like to urge all leaders to choose the clean energy route for three vital reasons — health, science and economics,” Guterres said. “Bailout support to sectors such as industry, aviation and shipping should be conditioned on alignment with the goals of the Paris Agreement,” he said, referring to the...
    Dharna Noor9 minutes ago•Filed to:kxlkxldaplAtlantic Coast Pipelinepipelinesoil and gasSavePhoto: Nicholas Kamm (Getty Images) Climate justice activists have had an ecstatic start to the week. In a 24-hour period, three major planned fossil fuel pipelines were delayed or possibly cancelled altogether: Developers cancelled the Atlantic Coast Pipeline on Sunday, a court ordered the Dakota Access Pipeline be cancelled on Monday, and just hours later, the U.S. Supreme Court upheld a federal judge’s rejection of a crucial permit for the Keystone XL Pipeline. But while rejecting the Keystone XL permit is a big win, the latter decision is not a complete success for the climate justice movement because the Supreme Court also ruled that as many as 70 pipelines can proceed....
    Reuters July 7, 2020 0 Comments A U.S. court ordered the shutdown of the Dakota Access oil pipeline on Monday over concerns about its potential environmental impact, a big win for the Native American tribes and green groups who fought the major pipeline’s route across a crucial water supply for years. The decision by U.S. District Court for the District of Columbia followed the cancellation of another high-profile U.S. pipeline project on Sunday and came as a blow to the Trump administration’s efforts to lift the domestic fossil fuels industry by rolling back environmental red tape. According to the ruling, the U.S. Army Corps of Engineers violated the National Environmental Policy Act (NEPA) when it granted an easement to...
    Pipeline’s Demise Hints at ‘New Era’ for Fossil Fuel Projects
    Dharna Noor10 minutes ago•Filed to:Atlantic Coast PipelineAtlantic Coast Pipelinedaploil and gasSavePhoto: Mark Wilson (Getty Images) After a years-long campaign waged by environmental justice activists, energy giants Duke and Dominion abruptly cancelled their plans to build an $8 billion, 600-mile fracked gas pipeline on Sunday, citing “ongoing delays and increasing cost uncertainty,” as well as “litigation risk.” The move, which came just one day before a court order to scrap another major fossil fuel pipeline, is a sign of the importance of grassroots opposition movements and their legal battles. And it’s also a sign that fossil fuels are a bad investment. In a statement, U.S. Secretary of Energy Dan Brouillette blamed environmentalists for the project’s cancellation. “The well-funded, obstructionist environmental lobby...
    Dharna Noor23 minutes ago•Filed to:climate lawsuitsclimate lawsuitsexxonshellchevronbpgreenwashingclimate denialSavePhoto: Bruce Bennett (Getty) It’s lawsuit week for Big Oil. A day after Minnesota filed a groundbreaking suit, Washington, DC District Attorney General Karl Racine sued ExxonMobil, Chevron, BP, and Shell, alleging that the companies “systematically and intentionally misled consumers ... about the central role their products play in causing climate change.” Racine’s consumer protection lawsuit accuses the three defendants of knowing that their products’ carbon emissions have harmful climate consequences as early as the 1950s, and promoting false information to hide that knowledge from the public. “The companies financed and employed industry associations and front groups to distort and conceal the dangers their fossil fuel products represented,” Racine said in a...
    Support for alternative energy sources has reached new highs among Republican voters, according to a Pew Research Center poll released Tuesday. Sixty-five percent of Republicans said that they supported the further development of alternative energy sources like wind and solar. (RELATED: Trump Spars With ’60 Minutes’ On ‘Manmade’ Climate Change) Another fracture was also found between younger and older Republicans. While only 55% Republicans classified as “boomer and older” indicated their support for additional investments into renewable energy, 79% of “millennial and younger” Republicans said the same. Regarding coal mining, 61% of older Republicans favored its expansion, compared to 42% of younger Republicans. The poll also discussed different environmental policies, ranging from “planting a trillion trees” to increasing fuel efficiency standards...
    An old refinery in Vicksburg, Miss.David Jackson/AP For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones' newsletters.This piece was originally published in HuffPost and appears here as part of our Climate Desk Partnership. Mississippi is on the verge of becoming the 13th state in the past three years to slap new penalties on protests against fossil fuel infrastructure. A bill that cleared the state Legislature earlier this week makes knowingly trespassing any property where oil, gas or petrochemical pipelines or tanks are located a misdemeanor punishable by up to six months in prison and a $1,000 fine. Individuals who cause damage or losses that total more than $1,000―for example, by halting production at a refinery or...
    BILLINGS, Mont. — Federal courts have delivered a string of rebukes to the Trump administration over what they found were failures to protect the environment and address climate change as it promotes fossil fuel interests and the extraction of natural resources from public lands. Judges have ruled administration officials ignored or downplayed potential environmental damage in lawsuits over oil and gas leases, coal mining and pipelines to transport fuels across the US, according to an Associated Press review of more than a dozen major environmental cases. The latest ruling against the administration came Thursday when an appeals court refused to revive a permitting program for oil and gas pipelines that a lower court had canceled. Actions taken by the courts...