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'Oil has no place in our future': Rockefeller fund returns shine after ditching fossil fuels

Business Green

Rockefeller Brothers Fund announces that its investment portfolio has exceeded expectations and industry averages in the five years since it divested from fossil fuels. According to the study, the RBF posted an average annual net return of 7.76 per cent over the five-year period that ended in December last year.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth. While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. growth in 2021.

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Highlights from the 2022 BP Statistical Review

R-Squared Energy

Fossil fuels accounted for 82% of primary energy use last year, essentially the same as in 2020, but down from 83% in 2019 and 85% five years ago. The remaining share of primary energy use consisted of hydroelectric power (6.8%), renewables (6.7%), and nuclear power (4.3%). in 2020, nearly reaching 2014 levels.

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Climate Sceptic Goes Unchallenged on BBC’s Today Programme

DeSmogBlog

The consultant was the sole interviewee in the segment, in which she claimed that the move to renewable energy, primarily wind power, was increasing the risk of blackouts. Wind Power ‘Blackout’ Risk Porter told BBC Radio 4 listeners in the interview: “There were risks around blackouts this winter.

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The Corona Virus Reduces China's Emissions by 25 Percent

Green Market Oracle

China burns about half the coal used globally while at the same time it is the leading market for solar panels, wind turbines and electric vehicles. This duality is evident in Shanxi, which is both China's coal mining region and the location of some of the country's largest solar and wind power projects.

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6 Out of the Ordinary Energy Concepts from 2020

GreenTechMedia

Making fossil fuels more palatable: ReSynth International. Until ships can work with carbon-free fuels such as green hydrogen or ammonia , the shipping industry’s best hope for carbon reduction comes from improving the efficiency of fossil-fuel use. Vortex Bladeless: wind power without blades.

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Highlights From The BP Statistical Review Of World Energy 2021

R-Squared Energy

The remainder of global energy consumption came from coal (27.2%), natural gas (24.7%), hydropower (6.9%), renewables (5.7%), and nuclear power (4.3%). Cumulatively, fossil fuels — shown below in shades of gray — still accounted for 83.1% Natural gas has been the fastest-growing fossil fuel in recent years, with a global 2.9%