Tag Archives: renewable energy

Bye Bye, Big Oil? BP Admits Demand May Have Already Peaked, Predicts Growth of Renewable Energy

Welcoming news that oil demand may never recover to pre-pandemic levels, Greenpeace noted that “a #GreenRecovery will hasten its demise.”

By Jessica Corbett, staff writer for Common Dreams. Published 9-14-2020

BP’s annual report on the future of energy, released Monday, says demand for oil may have peaked last year and projects significant growth in renewables over the next three decades. (Photo: tolkien1914/flickr/cc)

As communities worldwide face off against and file suit over the devastating impacts of a climate crisis notably driven by fossil fuel giants, BP on Monday gave just the latest signal that the dirty energy industry is dying—admitting that global demand for oil may have already peaked while projecting significant growth in renewables over the next few decades.

The new edition of BP’s annual Energy Outlook features three potential transition scenarios to 2050, the year by which the British firm says it intends to deliver its net-zero ambition. The forecast, Reuters reported, “underpins chief executive Bernard Looney’s new strategy to ‘reinvent’ the 111-year old oil and gas company by shifting renewables and power.” Continue reading

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As Biden Embraces More Ambitious Climate Plan, Fossil Fuel Execs Donating to Trump ‘With Greater Zeal’ Than 2016

“We’ve seen a pretty huge transformation in Biden’s climate plan,” said Varshini Prakash, co-founder and executive director of the Sunrise Movement.

By Jake Johnson, staff writer for Common Dreams. Published 8-3-2020

ExxonMobil facility near Chicago. (Photo: Richard Hurd, Flickr, CC BY 2.0)

With presumptive Democratic nominee Joe Biden’s climate platform becoming increasingly ambitious thanks to nonstop grassroots pressure, fossil fuel executives and lobbyists are pouring money into the coffers of President Donald Trump’s reelection campaign in the hopes of keeping an outspoken and dedicated ally of dirty energy in the White House.

The Houston Chronicle reported Monday that oil and gas executives “are writing checks to President Donald Trump with greater zeal than they did four years ago, as Biden campaigns on a climate plan that seeks to eliminate carbon emissions by mid-century.” Continue reading

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A military perspective on climate change could bridge the gap between believers and doubters

A soldier stands guard at the damaged entrance to Tyndall Air Force Base in Panama City, Florida, Oct. 11, 2018, after Hurricane Michael. AP Photo/David Goldman

Michael Klare, Hampshire College

As experts warn that the world is running out of time to head off severe climate change, discussions of what the U.S. should do about it are split into opposing camps. The scientific-environmental perspective says global warming will cause the planet severe harm without action to slow fossil fuel burning. Those who reject mainstream climate science insist either that warming is not occurring or that it’s not clear human actions are driving it.

With these two extremes polarizing the American political arena, climate policy has come to a near standstill. But as I argue in my new book,“All Hell Breaking Loose: The Pentagon’s Perspective on Climate Change,” the U.S. armed forces offer a third perspective that could help bridge the gap. Continue reading

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‘Surprised, No. Disgusted, Yes’: Study Shows Deepwater Horizon Oil Spread Much Further Than Previously Known

“Time to get off fossil fuel and on to renewables.”

By Julia Conley, staff writer for Common Dreams. Published 2-12-2020

A controlled burn in the Gulf of Mexico off the Louisiana coast on June 9, 2010, less than two months after the catastrophic BP oil spill. (Photo: Deepwater Horizon Response/flickr/cc)

Ten years after BP’s Deepwater Horizon disaster sent hundreds of millions of gallons of oil across the Gulf of Mexico, researchers say the reach of the damage was far more significant than previously thought.

In a study published Wednesday in Science, Claire Paris-Limouzy and Igal Berenshtein of the University of Miami revealed that a significant amount of oil was never picked up in satellite images or captured by barriers that were meant to stop the spread. Continue reading

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Global Temps Continue to Soar Upward as NOAA Confirms July 2019 Was Hottest Month Since Records Began in 1880

“We are seeing record after record after record.”

By Julia Conley, staff writer for Common Dreams. Published 8-15-2019

NOAA revealed Thursday that July 2019 was the hottest month on record since the U.S. government began recording temperature date in the lat 19th century. Photo: Martin/flickr

As climate scientists raise alarm over hotter and hotter global temperatures, a top U.S. weather agency reported on Thursday that July 2019 was the hottest month the planet has ever experienced since the government began recording global temperatures nearly 140 years ago.

NOAA’s monthly Global Climate Report revealed that last month the average worldwide temperature was 1.71 degrees Fahrenheit above the average temperature observed in the 20th century. Continue reading

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Citing $69 Trillion Price Tag by 2100, Moody’s Warns Central Banks of Far-Reaching Economic Damage of Climate Crisis

“There is no denying it: The longer we wait to take bold action to curb emissions, the higher the costs will be for all of us.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-3-2019

Arid soils are shown in Mauritania in 2012, when crops failed because of a severe drought which led to a food crisis that impacted millions of people across West Africa. (Photo: Oxfam International/Flickr/cc)

Noting previous warnings that the human-caused climate crisis could cause trillions of dollars in damage to the global economy by the end of the century, a new report from Moody’s Analytics explores the economic implications of the international community’s failure to curb planet-warming emissions.

Moody’s Analytics chief economist Mark Zandi told The Washington Post—which first reported on the new analysis—that this is “the first stab at trying to quantify what the macroeconomic consequences might be” of the global climate crisis, and it comes in response to European commercial banks and central banks. The climate emergency is “not a cliff event. It’s not a shock to the economy. It’s more like a corrosive,” Zandi added. But it is “getting weightier with each passing year.” Continue reading

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‘Simple Laws of Economics’ Doom Remaining US Coal Plants as Solar and Wind Are Now Cheaper for American Households

“America has officially entered the ‘coal cost crossover.'”

By Julia Conley, staff writer for Common Dreams. Published 3-25-2019

A new study based on data from the Energy Information Agency found that coal plants are now far more expensive to run than wind and solar power projects. (Photo: reynermedia/flickr/cc)

In propping up the coal industry, the Trump administration is not only contributing to dangerous pollution, fossil fuel emissions, and the climate crisis, it is also now clinging to a far more expensive energy production model than renewable energy offers.

That’s according to a new report from renewable energy analysis firm Energy Innovation, showing that about three-quarters of power produced by the nation’s remaining coal plants is more expensive for American households than renewables including wind, solar, and hydro power. Continue reading

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Demanding Lawmakers Forge ‘Path Away From Climate Suicide,’ Groups Kick Off Green New Deal Push

“We have no time to lose in the fight to avoid irrevocable climate chaos.”

By Jessica Corbett, staff writer for Common Dreams. Published 2-4-2019

A coalition of progressive groups has launched a week of action to demand a progressive Green New Deal from federal lawmakers. (Photo: Friends of the Earth/Twitter)

Building on the grassroots momentum that has thrust the Green New Deal onto a national stage, a coalition of progressive groups on Monday launched a week of action to demand climate leadership from federal lawmakers, calling for a plan to fully phase out fossil fuels and rapidly reform industries that produce massive amounts of planet-warming emissions while also promoting economic justice.

“To take action on climate change at the scale of the crisis, we need a Green New Deal,” declared May Boeve, executive director of 350.org. “It’s time for all progressive lawmakers to take real climate action and support a massive federal investment to bring health, safety, and justice to people and the planet.” Continue reading

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Worldwide #RiseForClimate Events Kick Off to Demand Action on Crisis of Warming Planet

“Climate change is the defining issue of our time,” say 350.org’s executive director. “It is a crisis of democracy, justice, and human rights.”

By Jessica Corbett, staff writer for Common Dreams. Published 9-7-2018

Activists gathered in Melbourne, Australia on Friday as part of the weekend’s global #RiseForClimate movement. (Photo: @350Australia/Twitter)

Building up to a mass mobilization planned for hundreds of cities across the globe on Saturday, campaigners have already kicked off #RiseForClimate demonstrations that aim to raise awareness about the climate crisis, encourage urgent action from policymakers to keep fossil fuels in the ground, and call for a full transition to renewable energy.

More than 800 actions are planned throughout the world and in the United States, from smaller towns and cities like Portland, Maine, to the Rise for Climate, Jobs, and Justice event in San Francisco—expected to draw thousands for the West Coast’s largest ever climate march. Those interested in participating can locate events using the movement’s map and searchable database. Continue reading

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‘This Is Zero Hour’: Youth-Led Marches Across the Globe Demand Immediate and Ambitious Climate Action

“Climate change is our last chance to either fix colossal systems of inequality or reach a chaotic state where your privilege ultimately decides if you live or die.”

By Jake Johnson, staff writer for Common Dreams. Published 7-21-2018

“This isn’t something that’s going to affect us 70, 80 years in the future. This is going to affect us. Our futures, our careers, our lives,” said Talia Grace, social media director for Zero Hour, the movement behind this weekend’s mass actions. (Photo: Zero Hour)

Declaring that climate change is “an issue of survival” that must be confronted with urgency, young activists across the globe on Saturday kicked off three days of marches and demonstrations to pressure elected officials to “reject the corrupting monetary influence of fossil fuel executives,” ban all new dirty energy developments, and safeguard the planet for both its current inhabitants and future generations.

“Climate change is our last chance to either fix colossal systems of inequality and emerge as a more efficient, better equipped society as a whole, or reach a chaotic state where your privilege ultimately decides if you live or die,” said 16-year-old climate activist Ivy Jaguzny ahead of Saturday’s events, which are expected to take place “in cities from Washington, D.C. to Butere, Kenya.Continue reading

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