DeSmogBlog

FEBRUARY 28, 2023

French environmental organizations Notre Affaire à Tous, Friends of the Earth France, and Oxfam France last week filed what they say is the world’s first climate lawsuit against a commercial bank, suing BNP Paribas over its continued funding of fossil fuels. They also say that the financial sector more broadly is on notice.

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Fossil fuels Law Organic Pollution 87

Low Impact

AUGUST 11, 2021

We have to stop burning fossil fuels and leave them in the ground. It looks as though, in a corporate-dominated, growth economy, no fossil fuels are going to be left unburnt. Recently, Bloomberg NEF and Bloomberg Philanthropies produced a report on the scale and impact of global fossil fuel subsidies.

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Fossil fuels Packaging Government Carbon 101

DeSmogBlog

AUGUST 19, 2021

The environmental activist group Extinction Rebellion (XR) is planning a series of protests targeting the City of London to demand an end to investments in fossil fuels around the world. No New Fossil Fuel Investments’. It’s not a very radical demand”, she added. It’s very obvious.”.

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Fossil fuels Climate change Demand Investment 98

Business Green

SEPTEMBER 4, 2020

Demand for power plummeted as Covid-19 measures kicked in, but levels now look to have returned to that seen last year, according to Cornwall Insight. After the government implemented measures aimed at combating the Covid-19 outbreak in March, demand for electricity in Britain initially fell 15 per cent below 2019 levels.

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Demand Electricity Fossil fuels Cooling 90

DeSmogBlog

NOVEMBER 4, 2021

World leaders must bring in stricter criteria to exclude fossil fuel companies from decision-making, campaigners have urged, as talks at the crucial COP26 summit enter their fifth day. The UNFCCC, the EU and UK should ensure climate decision-making is protected from fossil fuel interests at the regional, national and local level.

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Fossil fuels Policy Politics Government 73

GreenTechMedia

AUGUST 4, 2020

BP, which first revealed its net-zero ambitions in February, says it will ramp up its annual low-carbon investment from $500 million in 2019 to $5 billion per year by 2030, with an interim goal of $3 billion to $4 billion per year by 2025. How BP plans to change from 2019 to 2030. Credit: BP).

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Fossil fuels Hydrogen Carbon Investment 130

R-Squared Energy

JUNE 28, 2020

The Review covers energy data through 2019, and provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Cumulatively, fossil fuels — shown below in shades of gray — still accounted for 84% of the world’s primary energy consumption in 2019.

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Fossil fuels Natural gas Nuclear Power Energy 88

DeSmogBlog

OCTOBER 3, 2021

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

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Fossil fuels Carbon-neutral Carbon-negative Carbon 98

Rinexii

OCTOBER 22, 2021

2021 has shaped up to be rather a surprising year for the fossil fuel industry. After the sudden quarantine of vast swaths of the world through 2020, the shuttering of businesses, and the general loss of revenue, large fossil fuel giants are getting hammered from citizens, government, and even their own investors.

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Fossil fuels Climate change Cooling Patents 52

GreenTechMedia

APRIL 27, 2020

Abandoning fossil fuels for electricity generation by 2030 would save money for countries in the Middle East and North Africa (MENA), according to new research into renewable energy in the area. Evening out supply and demand with a MENA-wide transmission network would cut LCOE from €52.80

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Fossil fuels Electricity Africa Wind power 130

R-Squared Energy

JUNE 16, 2020

The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. According to the 2019 BP Statistical Review of World Energy , U.S.

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Fossil fuels Nuclear Power Carbon-negative Natural gas 60

GreenTechMedia

SEPTEMBER 1, 2020

Solar accounted for nearly half of all new power generation capacity added worldwide in 2019, surpassing wind as the fourth-largest source of capacity on a cumulative basis, according to newly released data from Bloomberg New Energy Finance. — coal-fired electricity fell to a four-decade low in 2019, according to the U.S.

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Fossil fuels Electricity Climate change Demand 130

Business Green

FEBRUARY 3, 2021

There are no easy paths to net zero but inherent fossil fuel bias in the UK system is just frittering away our carbon budget, distorting the renewables market, and inhibiting green investment, argues Laura Sandys CBE. Audit and address fossil fuel bias. Making fossil onerous. It is lose-lose. Re-stacking the deck.

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Fossil fuels Energy Energy Policy 66

Business Green

MAY 11, 2020

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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Fossil fuels Investment Wind power Carbon 101

Business Green

OCTOBER 20, 2021

Production Gap report reveals governments still plan to produce more than double the amount of fossil fuels in 2030 than is consistent with limiting global warming to 1.5C. The third edition of the report concludes that despite the impact of the coronavirus pandemic the fossil fuel 'production gap' remains largely unchanged.

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Fossil fuels Global warming Government Construction 81

Business Green

APRIL 22, 2021

Carbon Tracker study finds solar and wind energy potential is 100 times as much as global energy demand. It calculates the world's feasible reserves of solar and wind power stand at 5,800 petawatt hours (PWh) and 900PWh annually, using current clean energy technologies, figures that dwarf the 65PWh used by the global energy system in 2019.

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Fossil fuels Energy Monitor Solar Energy Monitor Building Energy Monitoring 69

Business Green

OCTOBER 14, 2020

The UK's export credit agency could support up to 42,000 jobs around the UK by 2035 if it switches it support for overseas fossil fuel projects to renewables and clean energy infrastructure, according to a major new analysis from Vivid Economics.

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Fossil fuels Energy Energy Government 101

DeSmogBlog

APRIL 15, 2024

A new campaign is calling on MPs to break the fossil fuel sector’s “chokehold” on politics in a critical election year. Lawmakers returning to work today (Monday) were greeted with smoke flares and a demand to “Stop Polluting Politics” from a banner hung off London’s Westminster Bridge.

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Pollution Fossil fuels Politics Climate change 97

GreenTechMedia

DECEMBER 26, 2019

In August, we published the top 10 utility regulation trends of 2019 — so far. With 2019 wrapping up, we look at the 10 trends and actions that stand out above the rest. In 2019, an increasing number of utilities and regulators considered how DERs can be more fully integrated into the electric power system.

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Building Energy Monitoring Energy Monitor Solar Energy Monitor Business Energy Monitoring 130

Business Green

JULY 30, 2021

Low demand for electricity during successive lockdowns saw renewables displace fossil fuels as the dominant source of power on Britain's grid for the first time ever in 2020, government data has confirmed. Across the year, fossil fuels supplied 37.7 Meanwhile, clean energy delivered 43.1

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Energy Monitor Fossil fuels Solar Energy Monitor Building Energy Monitoring 86

Business Green

JANUARY 12, 2022

The partners, who have been working together on the development of green fertiliser since 2019, said the deal represented the "first" commercial agreement ever signed for fossil-free fertilisers. With this partnership, we can continue to meet an increased market demand for sustainable products.".

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Fossil fuels Agriculture Hydrogen Demand 101

GreenTechMedia

MAY 26, 2020

If governments and companies stimulate clean growth, we can ensure that the positive impact that COVID-19 has unexpectedly had on our environment endures — enabling future generations to look back on 2019 as the year of peak carbon. In our view, there are five steps that should be prioritized as part of a coordinated global response.

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Carbon Investment Fossil fuels Government 130

Business Green

JUNE 7, 2021

Investment in clean energy from fossil fuel majors saw a marked uptick during the pandemic in 2020, research suggests. The fall in prices further compounded and accelerated wider trends that are serving to dampen long term demand projections for oil and gas industry. This rapid growth needs to be placed in context.

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Fossil fuels Demand Climate change Investment 41

Business Green

FEBRUARY 18, 2021

The world's biggest firms driving the development of clean energy, electric vehicles, sustainable forestry, and other crucial green solutions continue to outperform the broader global market, "leaving fossil fuel companies in the dust", according to fresh investor research released today.

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Fossil fuels Carbon-neutral Electric vehicle Investment 74

GreenBiz

NOVEMBER 3, 2020

"Solar plus battery storage can provide value in two ways: first, energy reliability for customers during emergency power outages, and second, during non-emergencies, to help the grid balance demand and generation," said Dawn Weisz, chief executive of California utility MCE, during a breakout session at last week’s virtual VERGE 20 event. .

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Solar Energy Monitor Business Energy Monitoring Home Energy Monitoring Building Energy Monitoring 434

Business Green

MARCH 28, 2021

Fossil fuel firms are increasingly eyeing up plans for blue hydrogen production, but think tank E3G fears the nascent sector risks locking in a new generation of high carbon infrastructure and jobs.

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Fossil fuels Hydrogen Carbon Government 41

Business Green

JUNE 3, 2020

Carbon Tracker warns 'there is far more risk inherent in the fossil fuel system than is conventionally priced into financial markets' and urges investors to step up efforts to engineer a more orderly transition to clean technologies. Unlisted debt, much of it owned by banks, could be as much as four times greater, it added.

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Fossil fuels Carbon Demand Investment 36

Smart Energy International

SEPTEMBER 22, 2023

Jeff Perry, executive vice president of Asset Management for Agilitas Energy, writes on how energy storage technology can improve grid and renewables reliability, taking pressure off grid operators at peak demand periods. Instead, it emphasises the importance of increasing energy storage to stabilize the energy system.

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Energy Energy Fossil fuels Demand 105

Business Green

FEBRUARY 11, 2020

Carbon emissions from energy stayed the same in 2019 despite expectations of further growth, latest International Energy Agency data indicates. per cent in GDP terms, data released today by the IEA indicates - defying expectations the growth trend would continue in 2019.

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Natural gas Nuclear Power Fossil fuels Carbon 92

GreenTechMedia

NOVEMBER 13, 2020

Green hydrogen is about four times as expensive to produce as hydrogen derived from fossil fuels today. Balancing hydrogen supply and demand. In the early years, nascent and difficult-to-forecast demand will be a problem. Oil majors also have their own demand. “Absolutely. “Absolutely.

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Hydrogen Energy Monitor Business Energy Monitoring Building Energy Monitoring 244

AGreenLiving

AUGUST 13, 2020

2020: Fossil fuels are dead, long live the sun Hunter Lovins Thu, 08/13/2020 – 00:15 We’re female entrepreneurs and environmentalists. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels.

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Fossil fuels Natural gas Carbon-negative Organic 36

Envirotec Magazine

NOVEMBER 14, 2023

LDES also supports decarbonizing high-temperature industrial manufacturing, which currently relies on burning fossil fuels to produce heat.  Providing energy storage beyond ten hours can enable remote mines, data centers, and other off-grid industrial operations to run on 24-7 carbon-free power.

Energy 162

Energy Energy Fossil fuels Technology 162

R-Squared Energy

JULY 30, 2022

The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Previous articles covered overall energy consumption , carbon dioxide emissions , and petroleum supply and demand. Natural gas is the cleanest-burning of the fossil fuels. Over the past decade, the U.S.

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Natural gas Fossil fuels Demand Energy 78

GreenBiz

AUGUST 31, 2020

Triple-digit temperatures in June in the Arctic Circle led to another warmest month on record, tying with June 2019. Turning taxpayer dollars into stranded fossil fuel assets is no way to fuel a real economic recovery. Turning taxpayer dollars into stranded fossil fuel assets is no way to fuel a real economic recovery.

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Fossil fuels Climate change Policy Politics 362

GreenTechMedia

DECEMBER 17, 2019

Here are the tastiest stories that emerged in 2019, in no particular order. It serves clean power at night cheaper than incumbent fossil fuels. New York combines demand-side pulls, like Governor Andrew Cuomo’s target for 3,000 megawatts installed by 2030 , with policy support to help storage get to market.

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Home Energy Monitoring Solar Energy Monitor Building Energy Monitoring Energy Monitor 130

Grist

MARCH 8, 2024

It’s been six years since cities in California started the trend of taking Big Oil to court for deceiving the public about the consequences of burning fossil fuels. The long delays might have strengthened the legal arguments against fossil fuel companies. Emissions that originated in Delaware, however, were fair game.

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Fossil fuels Climate change Ocean acidification Law 144

DeSmogBlog

MARCH 19, 2024

Smith, a well-known climate change denier and fossil fuel sector advocater , nonetheless announced a series of new regulations critics say would ban wind turbines from much of the southern half of the province. Renewable energy is far less damaging to the environment and wildlife than fossil fuels,” said Luo.

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Agriculture Fossil fuels Climate change Wind power 82