[3/5] So it's notable that @sciencebasedtargets.org's new #netzero standard requires FIs to cease both project AND corporate-level finance/insurance activities linked to FF expansion. However, while project finance must be immediately addressed, corporate-level finance must only be ceased by 2030.

[2/5] Most ESG commitments from the financial sector address "project finance" (such as loans) to new fossil fuel projects. But over 90% of banks' financing to the FF industry is channeled through "corporate-level" activities, multiple analyses show. bit.ly/4l5L6op bit.ly/45dNXWn

Oil & Gas CEO: We need a trusty spokesperson, someone who can really cut through the noise!
PR team: How about a worm

The primary sponsors of the VA & IL bills are "ALEC" members. ALEC (working w Big Oil) has played a major, ongoing role pushing FF anti-protest bills across the country.

The MT bill sponsor does not have known ALEC connections, but the bill has major support from the O&G industry and telecom. (3/4)

DOE's new analysis uses the GCAM model to estimate how societal emissions, broadly, are affected by incremental #LNG volumes. It shows that LNG competes more with renewable energy & efficiency improvements than coal (for all evaluated scenarios).

4/10

You're telling me the same guy who [checks notes] profits from coal ash deregulation and ignores his constituents' pleas to shore up black lung benefits... voted to pass control of the NLRB to Trump? www.axios.com/2024/12/11/s...