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Multi-trillion dollar opportunity: BNEF charts course to a net zero global energy system

Business Green

A rapid shift away from fossil fuels is also needed alongside a major ramp up in renewable electricity capacity - largely provided by wind and solar projects - which will form the backbone of the future energy system, while development of hydrogen, carbon capture and new modular nuclear technologies is also crucial, the report warned.

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Global Briefing: EU set to push for more stretching 2030 climate target

Business Green

Plus Poland and South Korea coal-phase outs, Siemens Gamesa hydrogen project, and all the top green business news from around the world this week. Poland accelerates coal phase out, pushes for nuclear and offshore wind. million, in addition to increasing the number of hydrogen vehicles from 8,000 to 200,000 over the coming years.

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NYPA, Environmental Justice Groups to Work Together on Peaker Plant Replacements

GreenTechMedia

Utilities operating fossil-fueled power plants, and the low-income and disadvantaged communities that face the brunt of their pollution, may have a new model for resolving their differences. “There’s going to be a need for breakthrough technologies in a couple of areas,” he said.

Batteries 130
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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

The study drew on data from 123 countries that together account for 99 per cent of fossil fuel emissions. In contrast, with an economic recovery tilted towards green stimulus and reductions in fossil fuel investments, it is possible to avoid future warming of 0.3C Germany advances plans for green hydrogen hub.

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? Copper’s the new gold rush #184

Climate Tech VC

  In deals, geologic hydrogen digs up $245m, $181m across six EV deals, and Brookfield’s $10bn climate transition fund.  The EU announced its goals to cut emissions by 90% by 2040 as a stepping stone to its carbon neutrality goal in 2050.   Thanks for reading! Not a subscriber yet?

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The Net Zero Review: Everything businesses need to know

Business Green

Consider creating separate delivery agencies - The Review urges Ministers to explore whether further dedicated delivery agencies are needed to drive long-term decarbonisation programmes in specific sectors, such as for electric vehicle charging infrastructure roll out or new nuclear power plans. Agriculture and nature.

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The Energy White Paper and the nuclear stand-off

Business Green

The row over Sizewell led the headlines, but there is so much more to the Energy White Paper and its promise to deliver a decisive shift away from fossil fuels. Whisper it, but I'm not sure the inevitable reignition of the row over the UK's nuclear plans is the most important part of the long-awaited Energy White Paper.