Search Climate Insights Directory

Reclaim Finance criticizes ENGIE's transition plan, noting that its coal exit is largely achieved through selling assets rather than closing them, and that the company is increasingly dependent on fossil gas. The briefing warns that ENGIE's reliance on hypothetical future technologies like green hydrogen and its continued gas expansion in several countries are incompatible with a 1.5°C warming limit, calling for investor action at the company's General Meeting.

Reclaim Finance argues that ENGIE's climate strategy is inadequate because it relies on selling coal assets rather than shutting them down and maintains a heavy dependence on fossil gas. The briefing advises investors to vote against the company's "Say on Climate" resolution at the upcoming AGM, noting that ENGIE's targets align with a "well below 2°C" world rather than a 1.5°C pathway.

The document highlights a contradiction between Indonesia's commitment to the Global Methane Pledge and the World Bank's Country Partnership Framework (CPF) 2021-24, which supports the acceleration of natural gas and biogas deployment. It warns that gas infrastructure projects, including power stations and LNG terminals, will increase greenhouse gas emissions. The author urges the redirection of finance away from fossil gas and unproven technologies like CCUS toward renewable energy, grid modernisation, and a just transition from coal.

RMI advocates for a comprehensive transformation of the global economy across ten key fronts to meet the 1.5C climate target. These priorities include increasing political ambition, decarbonizing buildings and transportation, phasing out coal and gas, scaling green hydrogen, and enhancing emissions transparency. The organization emphasizes the need for a three- to six-fold increase in zero-carbon capital investments and the integration of mitigation and adaptation efforts, particularly in the Global South, to ensure an equitable transition.

The Europe Gas Tracker Report 2022 finds that the EU possesses substantial overcapacity for gas imports via pipelines and LNG terminals, making proposed new projects unnecessary. It argues that expanding this capacity is incompatible with the European Climate Law's 2030 emissions targets and the IEA's Net Zero by 2050 scenario. The report highlights that the EU's energy crisis is driven by global market tightness and supply shortages rather than a lack of import infrastructure. Furthermore, it critiques 'carbon-neutral' LNG claims as misleading due to methane emissions across the supply chain and warns that new gas assets risk becoming stranded.

The document argues that TotalEnergies' 2022 climate plan is incomplete and incompatible with a 1.5°C pathway, citing a lack of short-term absolute Scope 3 targets and continued investment in oil and gas expansion. It recommends that investors vote against the management-sponsored 'Say on Climate' resolution and oppose the reappointment of specific Directors to signal disapproval of the company's fossil fuel strategy. The briefing also highlights legal and reputational risks associated with the EACOP project in East Africa, greenwashing lawsuits, and the company's continued assets in Russia.

The report assesses the current state of energy transition in Latin America and the Caribbean, identifying gaps in energy efficiency, electrification, and the adoption of low-carbon technologies like hydrogen and CCUS. It highlights the region's strong baseline in renewable electricity, primarily from hydropower, while emphasizing the need for more aggressive long-term targets and climate adaptation strategies to protect energy infrastructure from extreme weather.

The document examines the World Bank Group's (WBG) role in expanding fossil gas infrastructure in Indonesia, asserting that this strategy locks the country into long-term greenhouse gas emissions and dependency on fossil fuels. It highlights contradictions between WBG strategies, such as the Country Partnership Framework 2021-24 and the Indonesia Economic Prospects Report, and global climate goals like the IEA's Net Zero Emissions by 2050 roadmap. The report specifically cites the WBG's support for the BP Tangguh project and warns against 'false solutions' like Carbon Capture Utilisation and Storage (CCUS) and coal gasification.

The document criticizes the World Bank Group (WBG) for promoting fossil gas as a transition fuel in Indonesia, asserting that such investments lock in greenhouse gas emissions and environmental degradation. It highlights contradictions between WBG strategies, such as the Country Partnership Framework 2021-24 and the Indonesia Economic Prospects report, and global climate goals. The authors call for an immediate shift in public funding away from gas and unproven technologies like CCUS and coal gasification toward sustainable renewable energy.

The report outlines the assumptions for 25 federal policies categorized as legislated/developed, developing, or announced. Key measures include a federal fuel charge and Output-Based Pricing System reaching $170/tCO2e by 2030, a proposed emissions cap on the oil and gas sector, and a Clean Electricity Standard aiming for net-zero by 2035. The document specifies simulation scenarios for these policies, including varying stringency levels for methane reductions, ZEV mandates, and building efficiency standards, alongside detailed funding allocations for infrastructure, hydrogen projects, and industrial decarbonization.

Reclaim Finance assesses TotalEnergies' 2022 climate plan as insufficient, noting that the company's emissions are projected to decrease by only 5.8% to 6.7% between 2015 and 2030. The analysis highlights a 'fossil-first' investment strategy where over 70% of CAPEX remains dedicated to oil and gas, and criticizes the East African Crude Oil Pipeline (EACOP) as fundamentally incompatible with climate goals. The document urges shareholders to vote against the management-sponsored climate resolution at the 2022 AGM.

The petition argues that dams and reservoirs are significant sources of carbon dioxide, methane, and nitrous oxide, yet are currently excluded from the EPA's Greenhouse Gas Reporting Program (GHGRP). It highlights scientific evidence showing that some U.S. facilities, such as Lake Mead and Kentucky Lake, emit millions of metric tons of CO2e annually, sometimes exceeding emissions from fossil-fuel power plants of similar capacity. The petitioners contend that the current lack of reporting leads federal agencies, states, and utilities to incorrectly assume hydropower is a zero-carbon energy source, which may result in ill-informed climate policies and hinder the U.S. from achieving the Global Methane Pledge. The document identifies seventeen distinct emission sources within reservoir systems and urges the EPA to expand the GHGRP to include these facilities to improve data transparency and inform the transition to a truly clean electric sector.

The briefing argues that a comprehensive global methane agreement is necessary to achieve a 40-45% reduction in emissions by 2030 to maintain the 1.5°C warming target. It proposes three pillars of action: an updated monitoring, reporting and verification (MRV) framework utilizing satellite technology; national methane action plans targeting the energy, agriculture, and waste sectors; and a system of technical and financial assistance for developing countries. The authors highlight that many mitigation measures, particularly in the energy sector, are low-cost or can be implemented at no net cost.

The report argues that while the Global Methane Pledge aims for a 30% reduction by 2030, a 40–45% reduction is necessary to meet the 1.5°C target. It details sector-specific interventions: shifting to plant-rich diets and improving livestock management in agriculture; phasing out fossil fuels and implementing leak detection in energy; and prioritizing organic waste prevention and composting in the waste sector. It further advocates for a global governance framework based on monitoring, reporting, and verification (MRV), national action plans, and financial assistance for developing countries.

The Canadian Climate Institute outlines a three-pillar framework for Canada's emission reduction plans: establishing net-zero aligned emission trajectories, implementing credible policies with concrete measures, and creating responsive governance processes for continuous improvement. The report emphasizes the need for transparent modeling, sector-specific trajectories, and independent annual monitoring to fill gaps in the current legislative framework. It includes modeling for various sectors, noting that the oil and gas sector exhibits the highest variability and significantly influences the emissions budget for other sectors.

The report argues that increasing fossil fuel production is an ineffective short-term solution for energy security due to the global nature of oil and gas markets. Instead, it uses the U.S. Energy Policy Simulator (EPS) to demonstrate that clean energy incentives—such as EV tax credits and building electrification—would significantly reduce U.S. fossil fuel demand. In a 'Moderate Scenario', these policies would reduce annual oil consumption by over 180 million barrels by 2030, more than offsetting 2021 Russian oil imports, and reduce natural gas consumption by 4.7 trillion cubic feet, roughly 85% of the EU's 2021 Russian gas imports. The report also estimates GHG emission reductions of 740 to 1,230 million metric tonnes by 2030.

The report examines 21 proposed US LNG export terminals, finding that none reached a final investment decision (FID) in 2021 due to a lack of offtake contracts and project financing. It highlights that only three projects secured direct project finance totaling US$1.6 billion against an estimated total cost of US$244 billion. The document argues that these projects face stiff competition from lower-cost producers like Qatar, regulatory hurdles regarding environmental justice, and a global shift toward renewables. Furthermore, it notes that the combined lifecycle emissions of 19 proposed terminals would be 1 gigatonne of CO2 equivalent per year, contradicting the IEA's Net Zero by 2050 Scenario.

The report finds that global gas-fired power capacity in development (615 GW) now exceeds that of coal (457 GW), representing an estimated US$509 billion in capital expenditure. This expansion is described as ubiquitous across all continents, directly conflicting with the IEA's 1.5°C net-zero pathway. The authors argue that these investments face significant stranded asset risks as clean energy portfolios (CEPs) increasingly outcompete gas on cost, particularly in the US and Australia.

The authors argue that any climate compatibility checkpoint for UK oil and gas licensing must be based on a rapid wind-down of production consistent with 1.5°C pathways. They highlight that while different IPCC scenarios vary in their assumptions regarding carbon dioxide removal (CDR) and methane reductions, all require production to peak by 2020 for oil and 2025 for gas. The authors suggest that as a high-income country with low revenue dependence on fossil fuels, the UK should adopt a precautionary approach and potentially decrease production faster than the global average to ensure an equitable transition. They further refute the claim that reducing UK production would not impact global emissions, citing empirical evidence that supply reductions increase prices and lower global consumption.

The brief asserts that gas appliances release harmful pollutants, including nitrogen dioxide (NO2), fine particulate matter (PM2.5), and carbon monoxide (CO), which lead to respiratory and cardiovascular illnesses. It highlights that indoor pollution levels can be significantly higher than outdoor levels and that vulnerable populations, particularly children and communities of color, are disproportionately affected. Furthermore, it argues that gas appliances contribute to outdoor air pollution and climate change through the emission of criteria pollutants and methane, with methane leaks from stoves and water heaters potentially reaching 110 Gg per year. The document concludes that building electrification is a critical public health intervention that can provide substantial monetized health benefits, estimated at $3.5 billion annually for California.