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The Energy Mix 01/22/2020, brought to you by Energy Mix Productions and Smarter Shift
 
 
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Fossils Devote 0.8% of Investment to Climate Solutions, New IEA Figures Show
 
The oil and gas industry only devoted 0.8% of its capital investment in 2019 to clean energy, a category that combined renewable energy with dollars thrown at more fanciful attempts at carbon capture and storage, according to figures in an International Energy Agency (IEA) report that largely amplifies the industry’s contention that it’s committed to climate solutions.
 
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Thunberg Demands Action, Fossils Tout Carbon Capture as Greenpeace Calls Out Fossil Investors at Davos Forum

The annual World Economic Forum in Davos, Switzerland was a study in contrasts yesterday, with #FridaysforFuture founder Greta Thunberg slamming the world’s governments and business elites for climate inaction while the fossil industry touted carbon capture and storage as the path to climate stability.

 
 

 

New Canadian Climate Institute Warns of ‘Harsh Realities’ Ahead

The new Canadian Institute for Climate Choices (CICC), an independent think tank that begins life with C$20 million in federal funding over five years, is warning of the harsh realities and global economic shifts the country will face as the climate crisis evolves.

 
 

 

Ottawa Won’t Offload Trans Mountain to First Nations While Legal, Political Risk Remains

The federal government won’t try to sell off the Trans Mountain Pipeline to the new Indigenous owners it hopes to attract as long as the project is beset by legal and political risk, a spokesperson for Finance Minister Bill Morneau said last week.

 
 

 
 
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Building Automation Would Save 4.62 Gigatons of Carbon by 2050

Building automation ranks #45 on Drawdown’s list of climate solutions. It could eliminate up to 4.62 gigatons of carbon dioxide by 2050 at a cost of US$68.1 billion, eventually saving building owners around $880.6 billion.

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Drawdown is an inventory of the 100 top options for reducing greenhouse gases in the atmosphere and stabilizing the global climate. The Energy Mix is summarizing the 100 chapters as a service to readers. Get details and buy the book here.

 
 
 

 

Scott and DeRochie: Coastal GasLink Buy Undercuts Pension Fund’s Duty to Alberta Retirees

Buying a 65% stake in the C$6.6-billion Coastal GasLink pipeline in northeastern British Columbia was the wrong way to invest Alberta’s public pension fund, Adam Scott and Patrick DeRochie of Shift: Action for Pension Wealth and Planet Health argue in an op ed last week for the Edmonton Journal.

 
 

 

From Newfoundland Snowstorms to Australian Bushfires, Climate Means the ‘Exceptional Becoming Normalized’

From an epic snowstorm blanketing Newfoundland to devastating bushfires and flash floods in Australia, climate change is the common thread that is turning the exceptional into the “new normal”, a Calgary-based climatologist told CBC News this week.

 
 

 

Political Disfunction, Economic Turmoil Exacerbate the Climate Crisis as Disease and Famine Spreads

Late 2019 saw the calamitous rise of both dengue fever in Honduras and hunger in Zimbabwe, events that demonstrated how government dysfunction, poverty, and political and economic turmoil leave both public officials and citizens unable to respond adequately to the accelerating impacts of the climate crisis.

 
 

 

Countries Can’t Turn Back Climate Refugees Whose Lives Are at Risk, UN Committee Rules

Countries can no longer send climate refugees back to nations of origin where the climate crisis might threaten their lives, according to a ruling by the United Nations Human Rights Committee earlier this month—even though the Kiribati resident who filed the original case lost his bid for relocation in New Zealand.

 
 

 

Harvard Students Protest After Exxon’s Law Firm Tries to Recruit Them

An elite U.S. corporate law firm flopped badly in its recent bid to recruit Harvard law students, when nearly a third of the invitees delivered a sharp rebuke for the firm’s ongoing role in defending colossal fossil ExxonMobil, making it clear they saw no kind of professional future with an organization that traffics in fossils.

 
 

 

Former Coal Commissioners Slam Germany’s Phaseout Plan

Former members of Germany’s coal commission are accusing the national government of breaking the compromise behind its much-acclaimed agreement to phase out coal-fired power generation by 2038, producing a final plan that must now be updated to achieve quicker emissions reductions in line with the country’s climate targets.

 
 

 

Nottingham Delivers Home Comfort, Rooftop Solar in Drive to Be UK’s First Carbon-Neutral City

Nottingham, England is setting out to transform housing, transportation, energy use, and waste management in a bid to become the country’s first carbon-neutral city by 2028, a full 22 years before the UK hopes to hit the same target.

 
 

 

Australian Indigenous Knowledge Holds Potential for Climate Mitigation, Economic Growth

Australia’s Indigenous peoples have been living peaceably, and sustainably, with their fire-prone environment for 65,000 years, and so the nation at large—particularly the urban areas and the south, where fewer Indigenous people live—has much to learn from them about how to survive the bushfires of the 21st century.

 
 

 
 
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Analysts Downgrade Stock as Husky Energy Spirals Downward
 
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