PV Tech

JUNE 4, 2024

A report from Ember Climate notes that wind and solar generation in the EU have cut fossil fuel generation by one-fifth between 2019 and 2023.

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DeSmogBlog

JUNE 14, 2024

million from fossil fuel interests, climate science deniers, and highly polluting industries. He holds shares worth at least £100,000 in Shell, Harbour Energy, and the oilfield services firm TechnipFMC, according to his register of interests. The equivalent figure for Reform was £2.3 million since 2001.

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Fossil fuels Nuclear Power Energy Energy 118

Renew Economy

JUNE 2, 2024

Major new study finds public support for renewables at risk without better communication about their ability to replace fossil fuels. The post Can renewables replace fossil fuels? Survey finds many Australians not convinced appeared first on RenewEconomy.

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Fossil fuels Energy Energy 101

The Guardian: Energy

JUNE 5, 2024

Low-carbon electricity investment driven by solar projects but oil and gas spending still too high to meet climate goals Global investment in low-carbon electricity will rise to 10 times as much as fossil fuel power this year due to an increase in spending on solar projects, according to the International Energy Agency.

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Fossil fuels Nuclear Power Investment Power grid 84

Science Daily: Renewable Energy

MAY 15, 2024

Instead of burning fossil fuels to smelt steel and cook cement, researchers in Switzerland want to use heat from the sun. The proof-of-concept study uses synthetic quartz to trap solar energy at temperatures over 1,000 C (1,832 F), demonstrating the method's potential role in providing clean energy for carbon-intensive industries.

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Fossil fuels Solar Power Carbon Energy 121

DeSmogBlog

APRIL 12, 2024

According to his parliamentary register of interests, Lord Theodore Agnew has shares of at least £100,000 in Equinor, the Norwegian state-owned energy producer. The IEA, a free market group that has advocated for more fossil fuel extraction, received funding from BP for at least 50 years. Agnew and Edwards declined to comment.

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Fossil fuels Climate change Investment Carbon 119

Solar Industry

JUNE 6, 2024

Global investment in clean energy is on track to reach nearly double the amount going to fossil fuels in 2024, according to the IEA ’s latest annual World Energy Investment report. The rise in clean energy spending is underpinned by strong economics, by continued cost reductions and by considerations of energy security.

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Fossil fuels Investment Europe Technology 109

The Guardian: Energy

MAY 14, 2024

Former Irish president and Ban Ki-moon say fossil lobbying is hampering climate progress Fossil fuel companies are forcing governments to compensate them for lost earnings in the transition to a low-carbon global economy, and destroying the world’s ability to counter their harmful activities , former top UN officials have warned.

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The Guardian: Energy

DECEMBER 4, 2023

UAE-hosted summit admitted at least 2,456 people affiliated with oil and gas industries, analysis finds See all our Cop 28 coverage At least 2,456 fossil fuel lobbyists have been granted access to the Cop28 climate negotiations, according to an analysis.

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Fossil fuels COP Pollution Energy 145

The Guardian: Energy

DECEMBER 4, 2023

Projected rate of warming has not improved in past two years, analysis shows Cop28 president forced into defence of fossil fuel phase-out claims See all our Cop28 coverage Global carbon emissions from fossil fuels reached record levels again in 2023, as experts warned that the projected rate of warming had not improved over the past two years.

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Fossil fuels Carbon Energy Energy 142

The Guardian: Energy

MAY 12, 2024

Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe The world’s big banks have handed nearly $7tn (£5.6tn) in funding to the fossil fuel industry since the Paris agreement to limit carbon emissions, according to research.

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Fossil fuels Europe Carbon Energy 111

Canary Media

JUNE 14, 2024

In 2024, about $2 trillion will be invested in clean energy projects — a first for the rapidly expanding sector. The amount is nearly double what will be invested in oil, coal, and gas this year, according to the International Energy Agency’s new report “World Energy Investment 2024.” Since 2015, the ratio of…

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Fossil fuels Investment Energy Energy 111

The Guardian: Energy

MARCH 20, 2024

Executives at Texas summit claim clean-energy transition is failing and say world should ‘abandon the fantasy’ of fossil-fuel phaseout The bosses of the world’s leading oil and gas companies have poured scorn on efforts to move away from fossil fuels, complaining that a “visibly failing” transition to clean energy was being pushed forward at an “unrealistic (..)

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Fossil fuels Government Energy Energy 109

The Guardian: Energy

SEPTEMBER 14, 2023

Fatih Birol, head of International Energy Agency, says countries planning expansion are ‘misjudging market trends’ Countries and companies planning to expand their fossil fuel production are taking “very unhealthy and unwise economic risks” as their investments may not be profitable, the world’s foremost energy adviser has warned.

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Fossil fuels Energy Energy Demand 105

The Guardian: Energy

APRIL 28, 2024

Levy on oil and gas majors in richest countries would help worst-affected nations tackle climate crisis, says report A new tax on fossil fuel companies based in the world’s richest countries could raise hundreds of billions of dollars to help the most vulnerable nations cope with the escalating climate crisis, according to a report.

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DeSmogBlog

MARCH 27, 2024

billion supporting the fossil fuel and petrochemical industry. Taxpayer handouts to Canada’s wealthiest companies means that less money is available for the types of investments that could actually help people across the country who are deciding between food and energy bills,” she said.

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Fossil fuels Climate change Global warming Hydrogen 121

Renew Economy

SEPTEMBER 11, 2023

The post “Seismic shift:” Energy crisis helped wind and solar stretch cost advantage over fossil fuels appeared first on RenewEconomy. Solar and wind costs have fallen by up to 90 pct in last 12 years, and even in 2022 huge growth in China meant that global average costs remained stable.

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Fossil fuels Energy Energy 137

Renew Economy

NOVEMBER 16, 2023

Woodside Energy was among those assessed to be at significant risk of "net zero greenwash" because of their efforts to influence governments against phasing out fossil fuels. The post “Net zero greenwash:” Energy giants called out over plans to burn more fossil fuels appeared first on RenewEconomy.

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The Verge: Energy

DECEMBER 12, 2023

Even so, climate-vulnerable countries and environmental advocates scored some key wins with clean energy after heated climate negotiations wrapped up in the United Arab Emirates, a top oil- and gas-producing country. The beginning of the end for fossil fuels? Alas, countries still aren’t facing the root of the problem.

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Fossil fuels Pollution Global warming Energy 123

The Guardian: Energy

FEBRUARY 9, 2024

Record levels of investment in clean energy (solar has been called the cheapest source of electricity in history by the International Energy Agency) and a decline in coal-powered generation means less and less of the world’s power will come from fossil fuels between now and 2050, the analysis from Rhodium shows.

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Fossil fuels Aviation Investment Energy 101

The Guardian: Energy

NOVEMBER 22, 2023

Head of International Energy Agency says the industry faces a ‘moment of truth’ as Cop28 talks approach Fossil fuel companies are investing twice as much in oil and gas as they should if the world hopes to limit rising global temperatures to avert a climate catastrophe, according to the International Energy Agency (IEA).

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Fossil fuels Investment Energy Energy 93

Canary Media

JANUARY 8, 2024

To cool the planet, homes will need clean energy makeovers. That entails households making the switch from fossil-fueled cars and appliances to electric vehicles, heat-pump AC/heaters , heat-pump water heaters and electric stoves , with some even opting for their own clean energy sources — solar panels and…

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Fossil fuels Cooling Electric vehicle Electricity 124

The Guardian: Energy

JANUARY 24, 2024

Fossil emissions ‘finally back to 1960s levels’, say analysts, but they warn levels are still falling too slowly The European Union pumped out 8% less carbon dioxide from the fossil fuels it burned in 2023 than it did in 2022, the Guardian can reveal, pushing these emissions down to their lowest level in 60 years.

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Fossil fuels Pollution Government Carbon 106

The Verge: Energy

OCTOBER 23, 2023

. | Photographer: Krisztian Bocsi / Bloomberg via Getty Images More than 130 companies, including Volvo Cars, Ikea, Unilever, Nestlé, and AstraZeneca, signed a letter calling on governments to adopt a global plan to phase out fossil fuels without carbon capture during upcoming international climate negotiations.

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Fossil fuels Global warming Climate change Government 139

The Guardian: Energy

FEBRUARY 22, 2024

Britain joins France, Germany, Spain and the Netherlands in withdrawing from charter it says ‘penalises’ shift to net zero The UK is pulling out of a treaty that lets fossil fuel firms sue governments over their climate policies.

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Fossil fuels Policy Government Energy 111

Renew Economy

MAY 22, 2022

Change of government will see a clean-out of fossil fuel industry lobbyists that held sway in the corridors of power for nearly a decade. The post Fossil fuel industry loses its grip over Australia’s climate and energy policies appeared first on RenewEconomy.

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DeSmogBlog

OCTOBER 30, 2023

billion) in fossil fuel firms. This includes companies that specialise in extracting, refining, transporting and distributing fossil fuels. million) shareholding in the oil and gas supermajor Chevron, as well as stakes in Shell, Equinor, and 109 other fossil fuel companies. billion (£1.8

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Fossil fuels Investment Climate change Global warming 143

Renew Economy

SEPTEMBER 21, 2023

AEMC sets in motion one of the most important reforms to the Australian energy market in decades, factoring emissions reduction into rule making and decision making. The post A final blow to fossil fuels? Environment embedded in grid rules appeared first on RenewEconomy.

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Fossil fuels Energy Energy Government 139

DeSmogBlog

JUNE 4, 2024

Reform has also received more than £500,000 since the last election from Jeremy Hosking, whose investment firm Hosking Partners had more than $134 million (around £108 million) invested in the energy sector at the close of 2021, two thirds of which was in the oil industry, along with millions in coal and gas.

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Fossil fuels Pollution Global warming Climate change 145

The Guardian: Energy

MARCH 12, 2024

Spending to clean up their operations would be equivalent to only 5% of profits made last year, IEA estimates Fossil fuel companies must pay tens of billions to reduce the emissions of methane from their operations or it will be almost impossible to meet global climate targets, the world’s energy watchdog has warned.

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Fossil fuels Methane Energy Energy 94

The Guardian: Energy

NOVEMBER 29, 2023

Of more than 8 million deaths worldwide from outdoor air pollution, 61% linked to fossil fuels, finds study Air pollution from fossil fuel use is killing 5 million people worldwide every year, a death toll much higher than previously estimated, according to the largest study of its kind. Continue reading.

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Renew Economy

JULY 26, 2023

The growing uptake of rooftop solar PV – driven in part by the huge jump in wholesale electricity prices and retail bills in the past year – has taken the biggest bite yet out of the fossil fuel industry’s energy lunch.

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Fossil fuels Retail Energy Energy 97

The Guardian: Energy

SEPTEMBER 19, 2023

Prof Lesley Hughes is a leading climate change scientist and member of the independent Climate Council and government advisory body the Climate Change Authority.

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Fossil fuels Climate change Government Policy 144

POWER Magazine

JANUARY 10, 2024

PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission […] The post PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts appeared first on POWER Magazine.

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Fossil fuels Energy Energy Demand 131

ThinkGeoEnergy

FEBRUARY 27, 2024

Bard College , a private liberal arts college in the hamlet of Annandale-on-Hudson, New York State, will soon replace its aging, fossil fuel-fired heating and cooling system located in The Charles P. Stevenson, Jr Library with a new state-of-the-art system that will run on geothermal energy.

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Fossil fuels Building Energy Monitoring Energy Monitor Business Energy Monitoring 110

The Guardian: Energy

SEPTEMBER 26, 2023

In the push to zero carbon, Europe’s biggest lenders face growing pressure to limit their financial support for fossil fuel companies through direct loans and other financing facilities.

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Fossil fuels Carbon Europe Energy 141

The Guardian: Energy

DECEMBER 12, 2023

Summit president hails ‘historic package to accelerate climate action’, but critics decry ‘litany of loopholes’ in final text Cop28 live – latest updates The Cop28 climate summit has approved a deal that its supporters said would, for the first time, push nations to move away from fossil fuels to avert the worst effects of climate change.

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