This informs the widespread view that fossilfuels can be more or less "swapped out" for renewables, without significant economic consequences.
We are strongly sympathetic to the need for a rapid global shift away from fossilfuels.
We need affordable and plentiful fossilfuels to simply power our 21st century lifestyles—which are a big improvement over those of 17th century peasantry.
Fossilfuel byproducts also provide a plethora of consumer goods.
The NSW Parliament is also in the closing stage of an inquiry into emissions from the fossilfuel sector, with submissions completed and the committee due to report back.
Porter said the higher taxes help pay for cleaner fuels, noting that most Californians aren’t breathing clean air. She suggested moving away from fossilfuels and replacing the gas tax with a “general fund tax.”
At the two-day meeting with the leaders of Britain, Canada, France, Italy, Japan and the U.S., the G-7's most eye-catching pledge was a commitment to move away from using fossilfuels by the end of this century.
The study partly attributed the surge to destructive wildfires that have swept through Los Angeles and other parts of the state in recent years, as well as California’s costly transition away from fossilfuels in favor of renewable energy.
Other Drains on FossilFuels
So far I have only talked about energy—yet we have built our societies around many other uses of fossilfuel that rarely get mentioned. Fertilizers is a good example.
"Will you act on your word to reject fossilfuel money in the future in your campaign?" the activist asked.
"I do not have—I have money from people who have worked for fossilfuel companies," Clinton said, pointing her fingers at the activist.
The first right turn on our road trip brings us to a sweeping view of the Texas Republican's Energy Renaissance Act, a proposal so studded with fossilfuel favors that it ought be called the "Exxon Mobil Relief Act."
President Donald Trump is traveling to southern Texas on Feb. 27 to promote his economic and fossilfuel agenda. The president is set to speak in Corpus Christi, the nation’s top exporter of liquefied natural gas.
Global Expansion of FossilFuel Production
Canavan’s comment came as major economies around the world are implementing new policies to step up their fossilfuel production.
On Nov. 7, 2025, the U.S.
Despite this acknowledgment that the path to lower emissions and pollution—improving public health—is through fossilfuels, the IEA isn’t willing to say the plain truth: Africa needs fossilfuels.
Instead, a significant portion of it is tied up in a system that requires fossilfuels to grow crops that are then turned into fuel to supplement fossilfuels.
If this index outperforms others linked to the extraction of carbon, it will give wary investors (who have to do right by their clients) the license to divest from fossilfuel companies.
The Department of Justice (DOJ) filed a lawsuit against Morris Township in New Jersey over its ban on natural gas and other fossilfuels in newly constructed buildings, the department said in an April 1 statement.
Against such minimal or nonexistent benefits, such laws will likely increase U.S fossilfuel prices to consumers, reduce production and employment in the U.S fossilfuel industry, and increase U.S. dependence on foreign fossilfuel production.
The carbon tax, a government levy applied to fossilfuels, is designed to reduce emissions and is set to rise annually until 2030, when it will reach 100 euros (about $117) per metric ton.
National security and economic sovereignty start with being an energy superpower, so Canada needs to look at all the options it has, said Ferreira, who focused specifically on fossilfuel exports.
Persuading the world to abandon its fossilfuel reserves and leave them in the ground is what it will take in order not to bake this planet. It's the tallest of orders, but never has anything been so important.
Von der Leyen said that the ETS has helped reduce dependence on imported fossilfuels and spurred investment in cleaner energy, but acknowledged that volatility in permit prices has raised concerns among manufacturers.
"Russia’s war economy, sustained by revenues from fossilfuels, is financing the bloodshed in Ukraine.
"To put an end to it, the commission will propose speeding up the phase-out of Russian fossil imports."
