by Rachel Adams-Heard and Ellen M. Gilmer, Bloomberg Highlights Giant pipeline projects such as the Datoka Access Pipeline and the Atlantic Pipeline are being shut down as the fight against fossil fuel infrastructure grows Energy companies Dominion Energy Inc. and Duke Energy Corp. canceled the Atlantic Coast gas pipeline after years of delays and major … Read more
by Rebecca Beitsch, The Hill Highlights The Vatican has released “Journeying Towards Care For Our Common Home,” a 225-page encyclical calling on all church bishops to divest from fossil fuels in efforts to slow the climate crisis The document also calls on Catholics to drop support for companies that support abortion and armaments Pope Francis … Read more
by Rachel Koning Beals, Market Watch Highlights A new report from Ceres examines the wide-ranging and compounding impacts of the climate crisis on U.S. financial markets. Due to climate change, the United States has spent $1.7 trillion on over 265 extreme weather events since 1980 and has seen economic losses of more than $500 billion … Read more
by Justin Gerdes, Greentech Media Highlights Though California is a leader in clean energy within the US, it remains the seventh-largest oil-producing state and needs to take action to eliminate the fossil fuel industry. California leads the nation in solar rooftops and electric vehicles and also ranks fifth in installed wind capacity For full fossil … Read more
by Laura Millan Lombrana and Eric Martin, Bloomberg Green Highlights A new report from the International Monetary Fund (IMF) says investors worldwide are underestimating the financial risks from climate change, and companies need to start disclosing their exposure Asset prices currently fail to reflect the risk of extreme weather events that may cost $1 trillion annually starting … Read more
by Greg Muttitt, Oil Change International Highlights A new study in the journal Climate Policy has laid out steps to a sustainable and just energy transition away from fossil fuel extraction. Wealthy countries such as Canada, the United States, and Norway are using funds to bail out their oil industries while less fortunate countries must … Read more
By Jennifer A. Dlouhy, Bloomberg Green Highlights Environmental activists are fighting oil companies to keep drilling out of the Arctic National Wildlife Refuge by putting divestment pressure on banks. Tribal representatives and other environmental activists pressed banking executives about their policies during shareholder meetings and in conversations with sustainability directors Morgan Stanley has announced that … Read more
Let’s imagine it is April 2030. In the early 2020s, as the coronavirus pandemic swept the world, we in California finally addressed the climate crisis at the speed and scale science demanded. Nation & World Collaborating for Speed & Scale Climate Action Today, Earth Day 2030, we celebrate the deep systemic changes we have collectively … Read more
By Rosanna Esparza and Ashley Hernandez, The Sacramento Bee ACTION ALERT: Send Governor Newsom a message now to reverse his decision and halt fracking. Highlights California Governor Gavin Newsom approved 24 new fracking permits for the state in the midst of shelter-at-home mandates as the COVID-19 pandemic rages on. Though Newsom is doing great at … Read more
By Justin Guay, Medium Highlights The current pandemic could be an opportunity for the US to eliminate our use of fossil fuel dependency and transition into a clean energy economy The US fracking industry is in a tricky place – facing negative pricing and less demand, indicating that the industry wasn’t viable to begin with … Read more
