News
One billion people live in cities shifting away from fossil fuels
TORONTO (Thomson Reuters Foundation) – The number of cities working to replace fossil fuels with renewable energy surged in 2020, representing a quarter of the world’s urban population, or one
Fast-Tracking The Energy Transition: Renewable Energy Subsidies
Ian Granit The price of renewable energy has been reduced significantly in the past years, incentivizing the transition from the world’s current fossil fuel dependency to clean energy. Still, with rapidly increasing world
Want to cut emissions that cause climate change? Tax carbon
Carbon taxes are cheaper, more efficient than other policies, study finds by Ohio State University Newswise — COLUMBUS, Ohio – Putting a price on producing carbon is the cheapest, most efficient
Fossil fuel costs must include externalities
The contribution of the Covid-19 pandemic in bringing down carbon emissions is unparalleled. In doing so, the pandemic and the lockdown also helped quantify the environmental harms of burning fossil
Seizing opportunities for fuel subsidy reform (Brookings)
Victoria Bassetti and Kelsey Landau As the COVID-19 pandemic upended long-settled fossil fuel supply and demand expectations, natural resource governance experts contemplatedsomething that seemed politically insurmountable just a year ago: a sharp restructuring of
Canada Increasing Fossil Fuel Subsidies As U.S. Moves To End Them, Study Finds
By Daniel Tencer The feds doled out about $1.9 billion to oil and gas companies in 2020. Canada tripled its federal subsidies to the oil and gas industry during the COVID-19
Energy Companies Reluctantly Embrace Carbon Pricing
Established prices would be easier to meet than a patchwork of regulations and mandates By Corbin Hiar Carbon capture and storage, green hydrogen, and massive deployments of wind and solar energy.
API considers backing a government-imposed carbon pricing program
By JENNIFER A. DLOUHY The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy
Carbon taxes must be six times higher to stop global warming, says Wood Mackenzie
By STEPHEN STAPCZYNSKI The world’s governments will need to significantly increase the cost of emitting carbon dioxide in order to keep global warming at bay. That’s according to energy consultant Wood
