Decarbonisation Day – Fossil Bonanza! US, Russia, Egypt and UAE refuse to decarbonise- fossils run in their veins
Today is Decarbonization Day, which is why there are four winners of our Fossil Award today.
The United States wins the Fossil of the Day Award, coinciding with President Biden’s visit to COP27. The US Envoy for Climate Change, John Kerry, announced on Wednesday the “Energy Transition Accelerator”, the US’ inadequate plan to streamline carbon offsets in partnership with corporate philanthropic groups such as Bezos’ Earth Fund and the Rockefeller Fund which is being touted as climate action. The expansion of carbon markets and the marriage of corporations and government is the epitome of a neoliberal agenda that does absolutely zero to reduce actual emissions globally. Enough with the fluff and grand speeches, when it comes to putting real money on the table the US disappears from the scene.
Russia will also receive a Fossil of the Day Award for using dirty fossil fuel money to fund its illegal war in Ukraine. In COP27 the Russian delegation has 33 fossil full lobbyists from oil and gas out of 150. 60% of Russia’s budget comes from selling fossil fuels. Russia has already generated more than 33 mln tons CO2 emissions through this full-scale war in Ukraine. And it continues its attacks on Ukraine’s energy infrastructure, which is definitely not the way one should be phasing out fossil fuels.
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