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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. 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. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

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The race to mainstream electric vehicles by 2030

GreenBiz

The race to mainstream electric vehicles by 2030. The world's leading companies and policymakers are coalescing around setting targets for adopting zero-emission vehicles around a 2030 time frame. Denmark set the same goal — phase out new fossil fuel vehicle sales in 2030 — and world-leader Norway plans to make the switch in 2025.

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California Pension Funds Have Billions Invested in Fossil Fuel Companies Named in State’s Lawsuit

DeSmogBlog

Over the past month and a half month, California lawmakers have enacted a pair of climate disclosure bills and endorsed a global call to end the fossil fuel era. billion invested in Chevron, BP, ExxonMobil, ConocoPhillips, and Shell, a new analysis from Stand.earth and Climate Safe Pensions Network has found. “It

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The European Investment Bank Has Quit Fossil Fuels. Now What?

GreenTechMedia

billion), the European Investment Bank is one of the sector’s biggest lenders. And for every euro the EIB puts into a project or business, around seven more are invested by the private sector. According to the International Energy Agency, global renewables investment in 2018 amounted to $300 billion. billion ($14.9

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Moving beyond 82% renewables by 2030 requires pumped hydro investment now

Renew Economy

It’s past time to decouple Australia from fossil fuel dependency and the associated energy price hyperinflation that is smashing household and and business consumers. The post Moving beyond 82% renewables by 2030 requires pumped hydro investment now appeared first on RenewEconomy.

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BP Aims to Build 50GW of Renewables by 2030, Cut Fossil Fuel Output by 40%

GreenTechMedia

BP will cut its oil and gas output by 40 percent by 2030 and increase its low-carbon investment tenfold by then, the company announced Tuesday as it begins to detail its 2050 net-zero strategy. BP is now targeting 50 gigawatts of renewables capacity by 2030, an ambition that puts it on a level with French utility giant EDF.

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'On the brink of overtaking fossil fuels': Clean energy investment tops $1tr for first time

Business Green

BNEF reports that global investment in the clean energy transition rose 30 per cent last year to record levels Global investment in the clean energy transition soared to record levels last year, surpassing $1tr as the sector matched the level of investment in fossil fuels for the first time.