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'Boom and bust': Are coal and oil on the brink of permanent decline?

Business Green

Two reports out this week have highlighted how developments across 2021 are set to catalyse policy and technological trends that could catalyse the retreat of fossil fuels across the global energy system. Hopes that energy-related emissions could peak in the next few years feel more fragile than ever.

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'Half measures won't halve emissions': The green economy reacts to IPCC's climate solutions report

Business Green

The third in a trilogy of reports over the past year or so, today's - dubbed Climate Change 2022: The Mitigation of Climate Change - was particularly highly anticipated due to its focus on solutions to the aforementioned crisis the world currently faces, in terms of technologies, policies, nature-based measures and finances. on the table.

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? Africa’s inaugural climate summit #165

Climate Tech VC

An historic climate summit in Nairobi last week underscored the need for drastic changes in climate finance and clean energy development. Africa is home to vast thermal, wind, solar, and hydro energy resources (some 60% of the world’s renewable energy potential ) as well as mineral deposits essential for the global energy transition.

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New Report Shows Gap Between Utility Carbon Pledges and Climate Change Imperatives

GreenTechMedia

utilities are on track to reduce carbon dioxide emissions by 80 percent by 2030 compared to a 2005 baseline, the target needed to prevent global warming beyond 1.5 electricity sector by 2035, and the cost imperatives of U.S. A new report from the Sierra Club finds that almost no U.S.

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How can the world kick its oil habit?

Mr. Sustainability

The world and its oil addiction An overview of global oil consumption The world runs on oil (1). The dark, often viscous liquid is the single biggest contributor to the world’s energy mix, at 34 per cent of consumption, followed by coal at 27 per cent and natural gas at 24 per cent. million b/d in 1986. 6) Oh yes. “The

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How 4 Top US Utilities Are Grappling With the Energy Transition (or Not)

GreenTechMedia

The past decade has been a wild ride for America's massive electricity sector. Cheap wind and solar have turned the industry's conventional economic wisdom on its head. NextEra Energy: America's renewables behemoth. NextEra Energy: America's renewables behemoth. Today, no U.S. Today, no U.S.

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Keeping 1.5C alive: Is COP26 on track to deliver on its goals?

Business Green

The COP26 Climate Summit in Glasgow next month is likely to fall short of putting the world on track to avert dangerous levels of global warming, but diplomats and analysts are cautiously optimistic it could deliver several breakthroughs and broadly deliver on the UK hosts' stated goal of 'keeping 1.5C is closing fast.