energy economics
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Chevron CEO: ‘Let Them Plant Trees’
In an interview with CNBC that aired Wednesday, Mike Wirth, the CEO of Chevron, said that it would not invest in renewable energy, instead allowing its shareholders to use money earned from the company and “let them plant trees.” Glad he came right out and said it!
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Nearly All the Unburned Coal Must Stay in the Ground to Avert Climate Catastrophe
It’s becoming more and more clear that hobbling the fossil fuel industry and getting the world to decarbonise as rapidly as possible is our best hope at staving off the most catastrophic impacts of warming. A new study finds that we need to keep nearly all the world’s coal reserves and more than half its…
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Denmark and Costa Rica Want to Make a No Fossil Fuels Allowed Club
Denmark and Costa Rica want to make extra sure the world quits fossil fuels as soon as possible. The two countries are reportedly launching an alliance of nations that are committed to setting a date to phase out both fossil fuel production and use.
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The U.S.’s First-Ever Fossil Fuel Infrastructure Ban Is Even More Important Than It Seems
A refinery community in Washington passed a ban on constructing new fossil fuel infrastructure, becoming the first county in the U.S. to enact such a policy. It’s a policy exactly in line with what science has shown is necessary to meet the goals of the Paris Agreement.