Tag Archives: fossil fuels

Fossil-Fuel Subsidies Must End

By Geoffrey Supran, Peter Erickson, Doug Koplow, Michael Lazarus, Peter Newell, Naomi Oreskes, Harro van Asselt on February 24, 2020 Scientific American

Despite claims to the contrary, eliminating them would have a significant effect in addressing the climate crisis

When it comes to tackling the climate crisis, ending $400 billion of annual subsidies to the fossil-fuel industry worldwide seems like a no-brainer. For the past decade, world leaders have been resolving and reaffirming the need to phase them out. All of the 2020 Democratic presidential candidates have committed to eliminating fossil-fuel subsidies, and the vast majority of the American public supports doing so. International financial institutions such as the World Bank and International Monetary Fund have joined the chorus, pointing to the benefits of reform.

In 2018, however, a group of researchers questioned the magnitude of the climate benefits of subsidy reform, reporting that their simulations showed its effect would be “limited” and “small.”

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Fracking Water Contamination Confirmed

There are many problems with fracking for natural gas. One of the main ones is the destruction of clean water resources. Although gas companies and paid supporters sometime deny it, fracking water contamination has indeed been confirmed. When holes are drilled for fracking, they are supposed to go well below water sources. However … Energy Continue Reading…