Julie Levin, noted that:

"The proposed carbon capture project has also shrunk to a fraction of its original size... under the previous framework, the per-barrel cost of the carbon tax comes out to the price of a Timbit" (about 50 cents)

"The oil companies don’t have to do anything at all for 15 years."

1/2

#CdnPoli #climate #sustainability vs. #fossifuels

https://grist.org/business/once-a-climate-leader-canada-is-now-doubling-down-on-oil/

Once a climate leader, Canada is now doubling down on oil

Mark Carney is counting on Alberta’s oil sands to help him survive Trump’s trade agenda.

Grist
Fossil fuel emissions accelerate winter rainfall changes across Europe by 23 years

New study reveals burning of fossil fuels is accelerating winter rainfall changes in the UK and Europe, almost 25 years sooner than expected.

Phys.org
@JulianOliver true. Many non profits/NGO's who e.g. fight #climatechange run their #IT stuff on infrastructure owned by #bigtech or "even better" by companies like #KKR (they own #GoDaddy and therefore also #HostEurope) who is one of the world's biggest investors in #fossifuels. And those organisations don't even have a clue about that.
Climate Gates

Maybe we don't need billionaire opinions on everything

The Crucial Years
Climate Gates

Maybe we don't need billionaire opinions on everything

The Crucial Years

As a consoling thought, when you look outside of the so-called "Western World", it becomes clear that #FossiFuels have already lost.

The surge in #fascism around here is in part a last-ditch effort to prop up a failing business model. This might "work" for a while, but it can only delay the end of the Fossil Fuel Age, not stop it.

Which doesn't make fighting fascism unimportant, of course. Any harm we can stop, we should. But they _will_ lose this, in the end.

Global oil demand slows

This year’s global oil demand growth is on track to be the slowest annual increase since the 2008 financial crisis, excluding the pandemic years.

“Hungary and Slovakia on Monday opposed a planned European Union ban on Russian gas imports, though Brussels is expected to propose the law on Tuesday, which could pass without their approval.”

https://www.reuters.com/sustainability/boards-policy-regulation/eu-moves-ahead-with-russian-gas-ban-proposal-despite-hungary-slovakia-vetoes-2025-06-16/

#Russia #Ukraine #Gas #FossiFuels #Energy #EU #Europe #EUPol #Orban #Fico #GeoPolitics

Texas Oil and Gas Companies Drill With River Water During Extreme Drought - Inside Climate News

Oil and gas companies have used billions of gallons of Rio Grande and Pecos River water for drilling in the past four years, according to an exclusive Inside Climate News analysis.

Inside Climate News