Category Archives: Fossil fuels

Climate protesters rework Spice Girls song to disrupt Barclays AGM

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Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel funding

Barclays’ annual general meeting has been disrupted by climate activists condemning the bank’s role as one of Europe’s largest funders of fossil fuels – including a choir singing a Spice Girls hit with reworked lyrics.

Dozens of activists from groups including Fossil Free London and Extinction Rebellion UK began their action less than five minutes into the meeting where its chair, Nigel Higgins, was addressing shareholders at the QEII Centre in Westminster, central London.

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Record levels of renewable energy help bring down Australia’s energy prices, says Aemo

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Energy dynamics report finds clean energy is displacing fossil fuels and sending carbon emissions from the sector to new lows

Australia’s record levels of renewable energy helped extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.

The latest energy dynamics report by the Australian Energy Market Operator (Aemo) showed wholesale spot prices in the national electricity market (NEM) averaged $83/MWh, down more than a 10th from the December quarter and two-thirds lower than the record average $264/MWh in the June quarter last year.

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China ramps up coal power despite carbon neutral pledges

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Local governments approved more coal power in first three months of 2023 than all of 2021

Local governments in China approved more new coal power in the first three months of 2023 than in the whole of 2021, according to official documents.

The approvals, analysed by Greenpeace, reveal that between January and March this year, at least 20.45 gigawatts of coal power was approved, up from 8.63GW in the same period in 2022. In the whole of 2021, 18GW of coal was approved.

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Germany plans to ban installation of most oil and gas heating from 2024

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Bill due before Bundestag in June would encourage homeowners to switch to renewables

Germany plans to ban the installation of most oil and gas heating systems from next year, with proposals approved on Wednesday triggering angry divisions in the cabinet.

The radical plans are designed to transform Germany’s heating systems in an attempt to meet net zero emission targets that critics have called unworkable and discriminatory. About half of Germany’s 41m households currently use natural gas heating, and almost a quarter use heating oil.

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Emissions from WA gas project with world’s largest industrial carbon capture system rise by more than 50%

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Chevron development off Pilbara coast was approved on condition the company store about 4m tonnes of CO2 a year

Emissions from Chevron’s Gorgon gas development off Western Australia have increased by more than 50% despite it being home to the world’s largest industrial carbon capture and storage system.

There has been a sharp drop in the amount of CO2 stored underground at the liquefied natural gas plant over the last three years, data released by Chevron showed.

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Nearly 120 million people in US exposed to unhealthy levels of soot and smog – report

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American Lung Association’s study also found great disparity between coasts, with 10 of 11 most polluted counties in California

The climate crisis has upended progress on improving air quality, with one in three Americans currently living in areas with harmful levels of pollutants known to increase the risk of medical emergencies, pregnancy complications and premature death, new research reveals.

Almost 120 million people in the US are still exposed to unhealthy levels of soot and smog, according to the annual report by the American Lung Association (ALA), which found that people of color are almost four times more likely to live in the most polluted places than white Americans.

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EU faces legal action after including gas and nuclear in ‘green’ investments guide

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European Commission accused of acting unlawfully in two separate cases bought by environment groups

The European Commission is being sued by environmental campaigners over a decision to include gas and nuclear in an EU guide to “green” investments.

Two separate legal challenges are being lodged on Tuesday at the European Union’s general court in Luxembourg – one by Greenpeace and another by a coalition including Client Earth and WWF – after the classification of fuels in the so-called taxonomy, a guide for investors intended to channel billions into green technologies.

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Dozens of climate activists arrested after shovelling coal from train bound for Newcastle

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Police charged about 50 protesters after coal train was brought to a standstill for four hours

Dozens of people have been arrested after protesters scaled a train bound for the Port of Newcastle and began shovelling coal out of its wagons.

The train was brought to a standstill a few kilometres from the port while passing Sandgate, near the Pacific Highway, about 10am on Sunday.

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Turning out the lights: what is the legacy of the Liddell power station?

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In the first of a two-part report, we look at the successes – and the costs – of what once was Australia’s largest power station

Jackson Channon, an electrician at the Liddell power station, counts “three generations of generation” who worked at the Hunter Valley site, including a grandad who drove cement trucks used to build it and parents who first met while on staff.

Come 29 April, Channon will attend the closure of the AGL Energy coal-fired facility, joining hundreds of current and former staff, community members and even artists marking the end of what was Australia’s biggest power plant when it was built 52 years ago.

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Value of Australian lithium exports tipped to match thermal coal in five years

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Revenue from mining key metal used in EV batteries to triple by 2027-28 while thermal coal exports set to fall by more than 70%

Exports of Australian lithium – a key metal used in batteries – are expected to earn as much as sales of thermal coal within five years, as the world increasingly embraces clean energy and the market value of fossil fuels falls.

New data released by the Australian government forecasts local lithium production will double and the industry’s revenue will triple by 2027-28 compared with last financial year.

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State actor still main suspect behind Nord Stream sabotage, says investigator

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Swedish prosecutor casts doubt over theories that independent group was responsible for pipeline blasts

The Swedish prosecutor investigating the Nord Stream sabotage attack has said the “clear main scenario” was that a state-sponsored group had been involved, seemingly casting doubt over theories that posited an independent group was responsible for the pipeline blasts.

Mats Ljungqvist told Reuters on Thursday that though a non-state-backed plot was still theoretically possible, the type of explosive used in the bombings ruled out a “large portion of actors”.

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Greenhouse gas emissions rose at ‘alarming’ rate last year, US data shows

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Noaa report shows rapid increase in atmospheric levels of carbon dioxide, methane and nitrous oxide

Record temperatures, devastating floods and superstorms are causing death and destruction across the planet but humans are failing to cut greenhouse gas emissions fueling the climate emergency, new US data shows.

Atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide – the greenhouse gases emitted by human activity that are the most significant contributors to global heating – continued to increase rapidly during 2022, according to the National Oceanic and Atmospheric Association (Noaa).

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Revealed: UAE plans huge oil and gas expansion as it hosts UN climate summit

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Exclusive: UAE’s fossil fuel boss will be the president of Cop28, making a mockery of the summit, say campaigners

The United Arab Emirates, which is hosting this year’s UN climate summit, has the third biggest net zero-busting plans for oil and gas expansion in the world, the Guardian can reveal. Its plans are surpassed only by Saudi Arabia and Qatar.

The CEO of the UAE’s national oil company, Adnoc, has been controversially appointed president of the UN’s Cop28 summit in December, which is seen as crucial with time running out to end the climate crisis. But Sultan Al Jaber is overseeing expansion to produce oil and gas equivalent to 7.5bn barrels of oil, according to new data, 90% of which would have to remain in the ground to meet the net zero scenario set out by the International Energy Agency.

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Eastern Australia gas outlook improves but winter shortfall still possible for south, watchdog says

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ACCC says better 2023 forecast due to increase in production estimates and less uncontracted LNG that can be exported

Eastern Australia’s gas supply outlook has improved, but there is still the prospect of a winter shortfall for southern states without piped supplies from Queensland or altered export contracts, the Australian Competition and Consumer Commission has said.

The ACCC’s March gas inquiry report found the outlook for 2023 had improved since January, with a projected gas shortfall of three petajoules for the year, down from the 30 petajoule shortfall forecast previously.

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‘Half-baked, half-hearted’: critics ridicule UK’s long-awaited climate strategy

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UK’s 1,000-page plan criticised as doing ‘little to boost energy security, lower bills or meet climate goals’

The UK’s new energy plan unveiled on Thursday is a missed opportunity full of “half-baked, half-hearted” policies that do not go far enough to power Britain’s climate goals, according to green business groups and academics.

The 1,000-page strategy has been criticised by many within Britain’s green sectors who fear the country could surrender its leading role in climate action because of the government’s “business as usual” approach to delivering green investments.

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Australia passes most significant climate law in a decade amid concern over fossil fuel exports

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Deal between Labor government and Greens requires total emissions from big industrial sites to come down, not just be offset

Australia’s parliament has passed the country’s most significant emissions reduction legislation in more than a decade after the government won backing from Greens and independent MPs for a plan to deal with pollution from major industrial sites.

After weeks of closed-door negotiation, a deal was brokered between the Labor government and Greens, a minor party with 15 parliamentarians, that included legislating an explicit requirement that total emissions from major industrial facilities must come down, not just be offset.

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Labor and Greens could agree to compromise on non-fossil fuel industries in safeguard mechanism

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Greens in internal negotiations over backing down on demand for ban on new coal and gas projects in Labor’s climate policy

Labor could agree to treat existing non-fossil fuel industries – such as cement, aluminium and steel – differently to new coal and gas developments in a bid to reach agreement with the Greens on a signature climate policy.

But it is unclear whether the possible compromise on the design of the safeguard mechanism would be enough to win support for the Albanese government’s plan, which requires major industrial polluting sites to reduce emissions intensity onsite cuts or buy carbon offsets.

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Older Americans protest against ‘dirty banks’ funding oil and gas projects

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Protesters cut up credit cards and march to Washington branches of JPMorgan Chase, Citibank, Bank of America and Wells Fargo

Hundreds of older Americans gathered in Washington on Tuesday to protest against four of the country’s largest financial institutions, cutting up their credit cards in an act of defiance meant to condemn the banks’ funding of oil and gas projects.

The protesters marched to the downtown DC branches of the four targeted “dirty banks” – JPMorgan Chase, CitiBank, Bank of America and Wells Fargo – before staging a “die-in” to symbolize the global threat posed by fossil fuels. In a nod to the age of the protest’s participants, demonstrators sat in painted rocking chairs as they chanted “Cut it up!” to those slashing their credit cards outside the banks’ branches.

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Biden administration sides with climate lawsuit against fossil fuel companies

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DoJ brief argues Colorado case against energy giants ExxonMobil and Suncor should be heard in state court instead of federal

The US Department of Justice filed a legal brief Thursday in support of local governments in Colorado that are part of a growing wave of local and state governments pursuing climate litigation against fossil fuel companies.

In the brief, the DoJ argued that the Colorado case against the Canadian energy giant Suncor should be heard in state court, which is considered more favourable than federal court for plaintiffs who are suing oil companies over climate change. ExxonMobile is also a defendant in the case.

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Saudi Aramco’s $161bn profit is largest recorded by an oil and gas firm

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Amnesty International hits out at ‘shocking’ annual figure reaped through sale of fossil fuel

Saudi Aramco has reported a record $161bn (£134bn) profit for 2022, the largest annual profit ever recorded by an oil and gas company, fuelled by soaring energy prices and rising global demand.

The largely state-owned company’s profits rose by 46% year on year and it made more than the recent bumper results reported by Shell, BP, Exxon and Chevron combined.

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