Environmental lawyers are urging EU leaders to resist lobbying efforts by companies that want fossil fuel gas labelled as ‘environmentally sustainable’ for investment purposes.
A well-managed transition with investment in the low-carbon economy could create 1.6 million jobs, shared across the country, including 134,000 jobs in Scotland.
Air pollution from burning fossil fuels contributes to an estimated 4.5 million deaths each year worldwide and estimated economic losses of US$2.9 trillion, or approximately 3.3 per cent of global GDP, says new research.
Rich polluting countries such as Australia, Canada, the Netherlands and US are short-changing poor countries by billions of dollars they need to cut emissions and adapt to the climate crisis, says Oxfam.