First Rule of Holes: When You’re in One, Stop Digging

Now that the Paris Agreement has been signed by 193 parties and ratified by over 100, one message is very clear: the era of fossil fuels is over. But it seems that not everyone has gotten the message. In many countries, the coal lobby stubbornly believes it can delay the inevitable. Let’s take Brazil as an example. Brazil likes to boast about being a climate champion. But its Congress just approved a billion-dollar subsidy to the coal industry. Equally problematic, this comes at a time when coal represents less than 5% of electricity generation in Brazil, but over 20% of … Continue reading First Rule of Holes: When You’re in One, Stop Digging