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Indonesia’s expansion of clean power can spur growth and equality
Indonesia's electricity sector remains heavily dependent on fossil fuels, with coal contributing 62% of generation in 2023. The report highlights a risk of stranded assets if new coal plants are built, as improving existing plant efficiency could lead to a 42 TWh surplus by 2030. It advocates for the Just Energy Transition Partnership (JETP) targets, which aim for a 44% renewable share by 2030. Specifically, the report argues for shifting renewable investments toward coal-producing provinces like East Kalimantan, South Kalimantan, and South Sumatra to mitigate job losses and economic decline, estimating that expanding solar projects in these areas could create 96,000 high-skilled jobs and attract $9.4 billion USD in investment.
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Document type: Report
Ekspansi energi bersih Indonesia dapat mendorong pertumbuhan dan kesetaraan
The report examines Indonesia's energy transition, highlighting the risk of stranded assets due to coal overcapacity and the potential for renewable energy to revitalize coal-dependent provinces. It compares the RUPTL 2021-2030 and JETP frameworks, suggesting that replacing planned coal capacity with solar power in regions like East Kalimantan, South Kalimantan, and South Sumatra could create 96,000 high-skilled jobs and attract $9.4 billion in investment.
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Document type: Report
Power moves and power failures
The analysis finds that none of the five examined electricity producers have a robust transition plan aligned with a 1.5°C limit, specifically lacking firm commitments to exit fossil gas by 2035. While Iberdrola and Statkraft show better practices and a shift toward sustainable energy, Enel, ENGIE, and EPH continue to develop gas plants and require coal exit plans focused on closures rather than sales to ensure absolute emission reductions.
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Document type: Executive summary
L’assurance vie à l’ère de l’urgence climatique
An analysis by Reclaim Finance and RIFT finds that most French life insurers continue to fund fossil fuel expansion through 'fonds euro' and 'unités de compte', with over 55% of 'responsible' or 'ESG' labeled funds exposed to fossil fuel developers.
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Document type: Report
Ending Canadian Domestic Public Financing for Fossil Fuels
The report finds that Canadian institutions provided between CAD 7.6 billion and CAD 13.5 billion annually to the fossil fuel sector from 2020 to 2022, while providing only CAD 147 million annually for domestic renewable energy. It identifies Export Development Canada (EDC) as the primary provider of this finance and highlights a critical lack of transparency in reporting. The authors recommend a comprehensive policy that covers the entire fossil fuel life cycle, includes existing investments like the Trans Mountain Pipeline Expansion, and precludes funding for carbon capture and storage (CCS) and blue hydrogen. The report suggests redirecting these funds toward clean electricity and Indigenous-led generation to support Canada's energy transition.
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Document type: Report
China is rightly dragging its feet on Russia’s Power of Siberia 2 pipeline
The author contends that the Power of Siberia 2 pipeline would undermine China's energy security by increasing dependence on Russia, create unnecessary capital expenditure in an oversaturated market, and conflict with China's goal to peak carbon emissions by 2030.
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Document type: Research paper
Learning from the Past and Innovating into the Future Principles for a Fossil Fuel Treaty
The Fossil Fuel Non-Proliferation Treaty initiative proposes a framework for a global treaty to end the expansion of oil, gas, and coal. Based on 20 global consultations, the document argues that the treaty must be built on three core values—justice, rights, and public goods—to avoid replicating colonial and corporate domination. It emphasizes a 'bottom up' approach to ensure the participation of marginalized groups and Indigenous Peoples from the outset. The proposed framework rests on three pillars: a just transition for workers and communities, the non-proliferation of new fossil fuel exploration, and a fair phase-out of existing production aligned with the 1.5C goal.
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Document type: Statement
EU fossil generation below 25% for the first month ever
In April 2024, fossil fuel generation in the EU fell to a record monthly low of 23%, with coal and gas both seeing significant declines. This shift was driven by record-high wind and solar output, which together provided 34% of electricity, and a recovery in hydropower. Consequently, the EU power sector's emissions in April reached a record low of 38 million tonnes of CO2, contributing to an 18% year-on-year decrease in emissions for the first four months of 2024 despite a slight recovery in electricity demand.
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Document type: Briefing
Global Electricity Source Trends
In 2023, solar and wind power continued to grow, with solar producing a record 5.5% of global electricity and wind reaching 7.8%. China was the primary driver for both, accounting for 51% of solar growth and 60% of wind additions. Conversely, coal generation reached a record high of 10,434 TWh (35% of the global mix), largely due to droughts in China reducing hydropower output, which fell by a record 88 TWh. Fossil gas remained the second-largest source at 23%, with growth driven by the US. Nuclear generation saw a slight rebound to 9.1% of the mix, while bioenergy reached a record 697 TWh (2.4%). The report notes that while solar and wind are on a positive trajectory, coal and gas must decline sharply, and nuclear and hydro must accelerate growth to meet IEA Net Zero Emissions targets by 2030.
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Document type: Report
AG ArcelorMittal : les actionnaires doivent voter contre l’acier à base de charbon
Reclaim Finance calls on ArcelorMittal shareholders to use the April 30, 2024, annual general meeting to oppose the company's continued investment in coal-based blast furnaces and its lack of a clear decarbonization strategy. The organization highlights that ArcelorMittal continues to extend the life of existing coal furnaces and invest in new ones, specifically in India via a joint venture with Nippon Steel. It further notes that less than half of the company's decarbonization projects can produce steel without fossil fuels, and expresses concern over the viability of green hydrogen projects in Europe due to cost. Reclaim Finance recommends that investors integrate climate concerns into routine strategic votes, including director re-election and executive remuneration, to hold management accountable for fossil-fuel-based plans.
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Document type: Statement
Collateral damage : En finir avec le soutien de la BCE aux entreprises fossiles
The statement criticizes the European Central Bank (ECB) for continuing to allow assets from fossil fuel developers to serve as collateral for bank liquidity. It highlights that 32 fossil fuel developers were eligible for collateral between July 2023 and January 2024, including coal companies without exit dates. The author argues that current limits on high-emitting securities are easily bypassed via financial subsidiaries and that haircuts for companies like TotalEnergies and Shell are insufficiently low (down to 1%) given their continued exploration of new oil and gas fields.
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Document type: Statement
EPARGNE SALARIALE - PRODUIT INFLAMMABLE
The report finds that 84% of analyzed employee savings funds invest in fossil fuel expansion, with Amundi and Natixis Investment Managers dominating the market. It highlights a lack of transparency, the prevalence of 'greenwashed' funds, and the inefficiency of supervisory boards in protecting employees' climate interests.
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Document type: Report
NATURAL JUSTICE COMMENTARY ON THE INTEGRATED RESOURCE PLAN 2023
Natural Justice argues that the IRP2023 is a regression from previous plans and lacks a proper legal basis, as it functions as a policy instrument rather than an operational plan. The organization contends that the IRP2023 incorrectly prioritizes energy security over other national policy objectives like affordable access and environmental sustainability. It calls for the adoption of an Energy Justice Framework to address the rights of indigenous peoples and local communities, particularly regarding land, water, and gender equality, and recommends the development of a comprehensive Integrated Energy Plan (IEP) as mandated by the National Energy Act.
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Document type: Report
South Africa’s Energy Subsidies Inventory, 2023 Data, Definitions, and References
The report inventories major energy subsidies in South Africa, detailing fiscal support for oil, gas, electricity, coal, and nuclear energy. It highlights a significant increase in total quantified subsidies, reaching ZAR 118,317 million in FY 2022/2023, driven largely by carbon tax exemptions. The document describes specific mechanisms such as VAT exemptions for fuels, Free Basic Electricity for disadvantaged households, and various grants for state-owned enterprises like PetroSA and Eskom.
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Document type: Report
Catatan Kritis Trend Asia atas Debat Cawapres ke IV
Trend Asia criticizes the 2024 vice-presidential candidates for offering technical 'gimmicks' rather than substantive solutions for grassroots issues. The organization argues that the candidates' visions for energy transition and sustainable development remain rooted in extractivism, ignore the legal and social vulnerabilities of local communities, and rely on 'false solutions' like CCUS and geothermal energy while failing to address the structural causes of the climate crisis and the harms of the coal industry.
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Document type: Statement
TRANSFORMATIVE SHIFTS OF THE RUSSIAN ECONOMY IN THE POST-2022 ERA
The Russian economy is undergoing a fundamental shift characterized by a surge in military spending, the loss of European energy markets, and a growing dependency on China and India. While short-term stability is maintained through state control and the '3P factor' (Power, Passiveness, Propaganda), long-term prospects are marred by severe capital asset depreciation, a shrinking and aging population, and a lack of incentive for green transition or sustainability.
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Document type: Report
Climate Change in the American Mind: Public Perceptions of the Health Harms of Global Warming
The report finds that while 39% of Americans believe global warming is harming the health of the general population, only 16% feel it harms their own health. There is an increasing awareness of specific health risks, particularly heat stroke, air pollution, and respiratory issues, and a growing recognition that low-income people and people of color are disproportionately affected. Trust in information sources like primary care physicians and climate scientists has risen, while coal and nuclear energy are viewed as the most harmful energy sources to health.
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Document type: Report
Climate Change in the American Mind: Public Perceptions of the Health Harms of Global Warming
A 2024 survey of 1,013 American adults reveals an increase in the perception that global warming harms public health, with specific concerns rising for heat stroke, air pollution, and respiratory diseases. While 39% believe global warming harms the health of Americans, only 16% feel it harms their own health. Public awareness of disproportionate impacts on low-income people and people of color has grown since 2014. Regarding energy, coal and nuclear power are viewed as the most harmful to health, while trust in first responders and primary care physicians as information sources is high.
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Document type: Report
Global Electricity Review
In 2023, renewables reached a record 30% of global electricity generation, driven by solar and wind. Despite this, global power sector emissions rose by 1% to a record 14,153 million tonnes of CO2, as severe droughts caused a five-year low in hydropower, forcing a reliance on coal in countries like China and India. Solar was the fastest-growing source for the 19th consecutive year, while OECD countries continued to see falling emissions. Ember forecasts that 2023 marked the peak of power sector emissions, with a decline expected in 2024 as clean generation growth is projected to outpace electricity demand.
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Document type: Report
Status of the Just Energy Transition in seven southern African states
The report examines the energy landscapes of seven southern African states, highlighting a stark divide between vast renewable energy potential and a continued reliance on fossil fuels or traditional biomass. While most surveyed countries have established renewable energy targets and some have liberalized their energy markets, the transition is often hindered by governance challenges, high rural-urban electricity gaps, and the pursuit of new oil and gas reserves. The document advocates for an 'energy justice' framework to ensure that the shift to low-carbon energy is inclusive, transparent, and protects the rights of marginalized communities and future generations.
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Document type: Report