Climate Tech VC
FEBRUARY 12, 2024
The EU announced its goals to cut emissions by 90% by 2040 as a stepping stone to its carbon neutrality goal in 2050. The ambitious plan would require the EU to reduce fossil fuel use in the energy sector by 80% by 2040 compared to 2021 and spend 3.2% of GDP on energy investment from 2031 to 2050.
GreenTechMedia
JANUARY 8, 2021
wide transmission build-out could also slash the costs of reaching a zero-carbon grid with wind, solar and battery technologies that are cost-effective today. In this scenario, a zero-carbon electricity system would drive wholesale power costs of about $90 per megawatt-hour on average. trillion pathway to a zero-carbon U.S.
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Envirotec Magazine
OCTOBER 14, 2022
It also has set and met ambitious clean energy and has the potential to produce an enormous amount of clean electricity, heat, and hydrogen with offshore wind and nuclear power. It will also require an extensive build out of nuclear power and a 3.5x Economic opportunity. increase in the pace of renewables deployment.
Business Green
SEPTEMBER 23, 2022
But the promise of streamlining the planning process may also offer a much-needed boost for major low carbon energy projects such as nuclear power plants and offshore wind farms. It will also help us to meet the Prime Minister's vision of the UK becoming a net energy exporter by 2040.
Mr. Sustainability
OCTOBER 22, 2020
A sudden collapse of the industry - called a carbon crunch - could lead to economic disaster of epic proportions. Carbon Tracker states that the world is “witnessing the decline and fall of the fossil fuel system”. The transition is among us. Betting on a recovery is exactly what the second camp is doing however.
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