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Electrification gets down to the wire

GreenBiz

The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Manufacturing is going electric, too, as companies ratchet up their net-zero-carbon goals. Joel Makower.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024. Existing hydropower plants can also help with this large ramp up power.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

The investment covers 40% of the Texas facility’s $1.3B project cost and is one of the largest DAC investments to date. Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy.

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How steel might finally kick its coal habit

Grist

Coal’s grip on the global electricity sector is loosening as more utilities and companies invest in renewable energy. As a result, the industry accounts for roughly 8 percent of annual carbon dioxide emissions, as well as a toxic soup of air pollutants. The furnaces that melt iron ore to make steel consume vast amounts of coal.

Hydrogen 145
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'Economic injury': How the UK's electricity and transport networks could be racking up £264bn in hidden societal costs

Business Green

Yet while the failure to price in the costs of greenhouse gas emissions was famously described by economist Lord Nicholas Stern as the biggest market failure in history, attempts to bring in carbon pricing measures worldwide such as taxes and emissions trading schemes have had only limited success to date.

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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

Available figures compiled from various public corporate reports suggest that on average 80 percent of the businesses’ operations remain in oil and gas and, in one case, coal. Green investments, however, make up just 12 percent of these companies’ portfolios on average based on publicly available figures. A Focus on ‘Net Zero’.

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The Risks in Biden’s Energy Plan

R-Squared Energy

We all know there are negative consequences associated with fossil fuel usage, such as the emission of carbon dioxide and various other pollutants. Renewables, including hydropower, just 8.7%. As a result, natural gas consumption has increased by nearly 40% over the past decade in the U.S. .