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Global Power Sector Embracing Renewables but Ditching Fossil Fuels Too Slowly

GreenTechMedia

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Much of the new renewable capacity being built around the world is being offset by new coal and gas capacity, leaving the global generation mix more or less how it was in 2000.

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What the natural gas industry is missing about the energy transition 

EDF + Business

The annual conference, hosted by Energy Dialogues, brings together natural gas interests to discuss where the industry is headed, with perspectives from policymakers and civil society. Speakers talked about natural gas as the solution to a trinity of critical energy challenges: emissions mitigation, energy poverty, and energy security.

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For a livable future, 60% of oil and gas must stay in the ground

Grist

To achieve the goals of the Paris Agreement, countries will likely need to set hard limits on the extraction of fossil fuels in addition to supporting the deployment of clean energy. The researchers set out to estimate how much of the world’s fossil fuel reserves must remain in the ground in order to limit global warming to 1.5

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Macquarie eyes coal exit by 2024 as bank ramps up green investment plans

Business Green

Macquarie, Asian Development Bank, and Church of Scotland all strengthen their restrictions on fossil fuel investments. Climate change is one of the most complex and critical challenges facing the world, and the finance sector has a vital role to play in efforts to limit global warming," it said.

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How 2022's 'dash for gas' poses a serious threat to a net zero goals

Business Green

New analysis warns national climate targets for 2030 point to dangerous warming of 2.4C, as rush for LNG capacity risks further undermining chances of meeting goals of Paris Agreement. Projected global warming in 2100 based on national climate targets announced to date remains at a worryingly high 2.4C by mid-century.

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Could surging gas prices help solve the methane leak crisis?

Business Green

Oil and gas firms' climate strategies may be facing intense and justified criticism for their continued failure to curb investment in new fossil fuel infrastructure, but many of the leading oil majors have announced sizeable investment programmes to tackle methane leaks.

Methane 60
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A Front-Row Seat for the Arctic’s Final Summers With Ice

Mr. Sustainability

Summary - Freaked out scientists and gleeful captains of fossil-fuel tankers are now sailing through climate history in the melting polar region. Crossing the so-called Northern Sea Route in the Arctic waters, in just under three weeks it moored at the Chinese port of Yangkou, unloading its shipment of liquefied natural gas.