DeSmogBlog

AUGUST 3, 2023

Policy Exchange, one of Westminster’s most prominent think tanks, engaged in a high-level influencing campaign over the UK’s North Sea oil and gas policies while being funded by fossil fuel interests, DeSmog can reveal. Fossil fuel firms tout CCUS and hydrogen as green energy solutions, yet the reality is more complicated.

Fossil fuels 92

Fossil fuels Building Energy Monitoring Business Energy Monitoring Energy Monitor 92

Business Green

MARCH 24, 2023

The calls on councils, pension funds, and financial institutions to divest their holdings in fossil fuel assets comes in the same week that the IPCC warned that there is "a rapidly closing window of opportunity" for countries to act on climate change to secure a "liveable and sustainable future" for all.

Fossil fuels 95

Fossil fuels Investment Climate change Demand 95

GreenTechMedia

SEPTEMBER 27, 2019

primary energy demand, according to the Department of Energy. At many of these facilities, fossil fuels, and especially natural gas, are the energy feedstock used for process heating applications. But what if the sun’s energy could take over the job much of the time and displace fossil fuels? in Lemoore.

Solar Energy Monitor 189

Solar Energy Monitor Fossil fuels Building Energy Monitoring Business Energy Monitoring 189

Business Green

JANUARY 11, 2022

Electric vehicles (EVs) are set to become the most in-demand option for drivers across Europe within the next three years, with a rapid shift to electric mobility on roads now inevitable over the coming decade and beyond, a major new study of seven national auto markets has concluded.

Fossil fuels 90

Fossil fuels Europe Electric vehicle Demand 90

Smart Energy International

OCTOBER 24, 2023

The International Energy Agency’s (IEA’s) latest World Energy Outlook (WEO) report finds that, as the world moves towards a more electrified and renewables-based energy system, which will be needed to prevent costs associated with potentially volatile fuel prices, investment in robust, digitalised grid systems will need follow suit.

Investment 97

Investment Fossil fuels Energy Energy 97

Envirotec Magazine

SEPTEMBER 26, 2023

The group says timely rollout of policy support is needed to deliver on investments. Yet, installed capacity and volumes remain low as developers wait for government support before making investments. By the end of 2022, electrolyser capacity for hydrogen production reached almost 700 MW. of total hydrogen demand.

Hydrogen 147

Hydrogen Policy Fossil fuels Demand 147

Envirotec Magazine

NOVEMBER 17, 2023

As policymakers and leaders around the world prepare for pivotal climate discussions at COP28, the sector must seize the momentum to create more renewable energy, enabling other sectors to decarbonise, and shifting demand away from fossil fuels. There are small indications of change.

Fossil fuels 147

Fossil fuels Electricity Energy Energy 147

Business Green

OCTOBER 24, 2022

The world should not develop any new sources of fossil fuels if it is stand a chance of limiting global warming to 1.5C in line with international climate goals, as there are already enough supplies of gas required to meet global demand, a major new study today has concluded. aligned gas phase-out pathway," the study notes.

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Fossil fuels Europe Government Global warming 66

Business Green

OCTOBER 4, 2022

Clean energy milestone signals renewable power sector is ready and able to keep up with growing electricity demand. Energy analysts are celebrating findings that show the renewable power sector has proved itself capable of expanding at a rate faster than increasing demand for electricity.

Demand 73

Demand Fossil fuels Electricity Hydropower 73

Clean Energy Canada

JUNE 14, 2022

Commercial rents in downtown Calgary are on the rise, and long-thought dead fossil-fuel export projects have zombified. Previous high oil and gas price cycles have driven consumers to purchase more efficient cars and better insulate their homes, while the business community found ways to use less fossil fuel. And the U.S.

Fossil fuels 52

Fossil fuels Government Demand Natural gas 52

Business Green

FEBRUARY 28, 2021

Aviva has announced it intends to reach net zero emissions across its operations, supply chain, and investments by 2040, unveiling a number of new exclusion policies that will see the firm distance itself from the most carbon intensive fossil fuel companies.

Fossil fuels 74

Fossil fuels Policy Real Estate Investment 74

Business Green

NOVEMBER 22, 2022

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion. Furthermore, 77 per cent of customers said that they had no idea that their banks were financing fossil fuel expansion.

Fossil fuels 40

Fossil fuels Investment Global warming Carbon 40

Smart Energy International

SEPTEMBER 8, 2022

In order for Europe to wean itself off of Russian and fossil fuel imports, electrification across the sector is key, states Eurelectric’s Power Barometer 2022. To keep up with power demand, annual investments in both generation and distribution grids need to rise above €135 billion ($135.2 Secure investment.

Energy 52

Energy Energy Fossil fuels Demand 52

Business Green

JANUARY 6, 2023

More than half of the UK's electricity came from zero carbon sources across five months last year, as Britain celebrated a flurry of fresh green grid records in 2022, according to National Grid ESO. per cent of the country's electricity in 2022, while solar accounted for 4.4 Nuclear power plants, meanwhile, provided 15.5

Power grid 73

Power grid Hydropower Fossil fuels Carbon 73

Business Green

MAY 16, 2022

In a speech in Glasgow to mark six months since the landmark UN Climate Summit, the COP26 President conceded the Kremlin's "illegal and brutal" war, rising inflation, and cost of living concerns had dominated the political and media agenda in 2022, but stressed that climate action must remain a top priority for governments around the world.

Fossil fuels 73

Fossil fuels Energy Energy Government 73

Smart Energy International

OCTOBER 17, 2023

The IEA in a new report points to signs that grids are becoming a bottleneck to clean energy transitions and that delayed action means prolonging reliance on fossil fuels. IEA executive director Fatih Birol commented in a press conference: “The problem is the investments. o C, with a 40% chance of exceeding 2 o C.

Fossil fuels 134

Fossil fuels Resilience Investment Global warming 134

Business Green

DECEMBER 16, 2022

Report predicts global coal use will tick up again this year, but hopes remain that renewables boom could soon start to curb fossil fuel demand. Annual global coal demand is set to surpass eight billion tonnes for the first time this year, eclipsing the previous record set in 2013. per cent in 2022. degrees.

Demand 73

Demand Fossil fuels Global warming Energy 73

GreenTechMedia

NOVEMBER 26, 2019

European utility giant Enel has committed half of its total investment over the next few years to decarbonization, part of a new strategic plan revealed on Tuesday. Between 2020 and 2022, the Italian group will invest €11.5 Between 2020 and 2022, the Italian group will invest €11.5 billion in 2022.

Building Energy Monitoring 130

Building Energy Monitoring Business Energy Monitoring Energy Monitor Europe 130

Business Green

MAY 19, 2020

In its latest forecast today, BNEF said fossil fuel car sales likely already peaked in 2017. Now, with the global pandemic leading a hige drop in demand, the report predicts sales for conventional cars are set to drop 23 per cent worldwide in 2020, with major implications for the global oil market. million barrels a day by 2040.

Fossil fuels 97

Fossil fuels Transportation Demand Electric vehicle 97

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. million in 2022.

Pollution 93

Pollution Fossil fuels Politics Climate change 93

DeSmogBlog

OCTOBER 24, 2023

The UK government’s weakening of its windfall tax on energy profits matched the demands of a high-level lobbying campaign by the oil and gas industry, new research reveals. million from fossil fuel and polluting interests in 2022. As DeSmog reported in March, the Conservative Party received £3.5

Fossil fuels 134

Fossil fuels Politics Government Carbon-negative 134

Business Green

JULY 21, 2022

Carbon emissions from the electricity sector are set to decline this year, as demand growth for electricity around the world slows and additions of renewable power generation edge fossil fuel generators off electricity grids around the world, according to the latest data from the International Energy Agency (IEA).

Carbon 40

Carbon Fossil fuels Electricity South America 40

Business Green

JUNE 23, 2022

Latest projections show global energy investment set to rise eight per cent this year, driven by surging investment in clean energy infrastructure. The IEA's World Energy Investment 2022 report, published yesterday, predicts that global energy investment is to increase by eight per cent in 2022 to reach $2.4tr.

Investment 81

Investment Energy Energy Global warming 81

DeSmogBlog

OCTOBER 4, 2023

Major fossil fuel firms have committed tens of millions in finance to UK universities since 2022, DeSmog can reveal. million has been pledged to 44 UK universities by 32 oil, coal and gas companies since 2022 in the form of research agreements, tuition fees, scholarships, grants, and consulting fees.

Fossil fuels 121

Fossil fuels Education Energy Energy 121

Smart Energy International

MARCH 29, 2022

IRENA’s new World Energy Transition Outlook 2022 sets out 2030 priorities to meet its 1.5 The Outlook 2022, the second edition, reports that despite progress the energy transition is far from being on track to 1.5 Eighty per cent of the global population lives in countries that are net importers of fossil fuels.

Fossil fuels 120

Fossil fuels Energy Energy Hydrogen 120

Clean Energy Canada

DECEMBER 20, 2023

The final wording of the COP28 agreement – which required consensus among all nations and the chair – codified a commitment to transition away from fossil fuels in energy systems. To anyone paying attention to global oil and gas demand future forecasts, even under existing policies , the COP28 agreement should not be a surprise.

Fossil fuels 52

Fossil fuels COP Investment Demand 52

Sustainability Consulting

JANUARY 5, 2022

Sustainability is the “new normal” From food production, to packaging, to fashion to lifestyle products, there is a clear effort to replace traditional demands with sustainable alternatives. It’s highly likely that the demand for sustainable products by consumers will make their production mandatory in the next few years.

Sustainability 52

Sustainability Business Energy Monitoring Solar Energy Monitor Building Energy Monitoring 52

Envirotec Magazine

FEBRUARY 8, 2024

2 Increasing demand and ambitious government targets are expected to see this figure triple by 2030, reaching in excess of 50 gigawatts (GW). Indeed, the latest Global Market Overview from energy intelligence firm TGS-4C Offshore, reveals that the offshore wind industry is likely to experience a record year for investments.

Transportation 147

Transportation Fossil fuels Carbon Innovation 147

Smart Energy International

SEPTEMBER 7, 2023

“The conclusion is very simple: without a power network fit for purpose, we will not achieve our REPowerEU goal to replace Russian fossil fuels, nor will we reach our net-zero targets,” stated the European Commissioner for Energy during the first High-Level Electricity Grid Forum hosted by ENTSO-E. This is huge. But we can get there.”

Investment 59

Investment Europe Fossil fuels Power grid 59

Business Green

AUGUST 24, 2022

BP, Shell, Total Energies, and Equinor were all found to be investing the vast majority of their profits back into fossil fuel projects. The analysis revealed that BP invested £300m into renewables and low carbon projects in the first half of 2022 - which according to the analysis is equivalent to just 2.5

Energy Monitor 69

Energy Monitor Home Energy Monitoring Building Energy Monitoring Investment 69

DeSmogBlog

FEBRUARY 8, 2024

“This amounts to tactics of intimidation and bullying,” Natasha Lamb, chief investment officer of Massachusetts-based Arjuna Capital, said in a statement. Follow This and Arjuna Capital’s now-withdrawn resolution encouraged Exxon to put a plan in place to reduce the “Scope 3” emissions that arise from the use of its fossil fuel products.

Fossil fuels 103

Fossil fuels Climate change Health Natural gas 103

Business Green

JANUARY 4, 2023

Indeed, while EV sales made up 34 per cent of the market in December 2022, petrol vehicles sales took an overall market share of less than 40 per cent for the first time in over a decade, as EVs seemingly inexorable march towards market dominance continues to gather pace.

Electric vehicle 73

Electric vehicle Electricity Automotive Government 73

Envirotec Magazine

OCTOBER 13, 2022

Clean Growth Fund and Barclays have invested £4.4m Conor Hamill, co-Chief Executive Officer at MOF Technologies said: “I’m delighted that Clean Growth Fund and Barclays have chosen to invest in our company. capture technology to deliver against the pressing demand from heavy industries to meet their Net Zero targets.”.

Carbon 130

Carbon Fossil fuels Technology Investment 130

Smart Energy International

OCTOBER 7, 2022

ITEN Media & Clarion Energy, UK are set to host the 17th edition of POWERGEN India during 12th -14th October 2022 at New Delhi. Transforming the economy from one dominated by fossil fuels into one powered predominantly by renewable energy would propel India as a global leader in renewables, battery storage and green hydrogen.

Building Energy Monitoring 52

Building Energy Monitoring Business Energy Monitoring Energy Monitor Energy 52

Business Green

APRIL 13, 2022

Britain’s biggest business group reiterates call for major investment in home and building energy saving measures as UK inflation hits 30-year high. The energy-centric nature of inflationary pressures highlights the need to double-down on investment in green energy," he said.

Investment 73

Investment Energy Energy Fossil fuels 73

Business Green

JULY 15, 2021

Global demand for electricity is also growing faster than renewables capacity post-pandemic, opening the door to more fossil fuel energy in many parts of the world. Ignoring nature misses out on the triple-win opportunity for jobs and the economy, climate, and biodiversity.".

Packaging 94

Packaging Fossil fuels Carbon-negative Biodiversity 94

Smart Energy International

NOVEMBER 24, 2022

This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. Also of interest: Developing the venture capital investment space to have an impact on climate tech Investing in green energy innovation in Rotterdam.

Business Energy Monitoring 111

Business Energy Monitoring Energy Monitor Building Energy Monitoring Home Energy Monitoring 111