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Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

. | Photo by Jan Woitas/picture alliance via Getty Images The European Union saw a record drop in pollution from fossil fuel power plants last year, according to a new report. Fossil fuels dropped to their lowest point since reliable record-keeping started in 1990, making up less than a third of EU’s electricity generation in 2023.

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Prospective GB News Board Member is Fossil Fuel Investor

DeSmogBlog

The IEA, a free market group that has advocated for more fossil fuel extraction, received funding from BP for at least 50 years. Climate denial and investment in the fossil fuel industry go hand in hand”, said Carys Boughton of campaign group Fossil Free Parliament. “It Agnew and Edwards declined to comment.

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Wind and solar eat fossil fuels in Europe and US, but it’s a slow burn in Australia

Renew Economy

The post Wind and solar eat fossil fuels in Europe and US, but it’s a slow burn in Australia appeared first on RenewEconomy. The pace of change in some of the world's biggest grids is accelerating, but in Australia the transition is facing problems for governments and agencies.

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Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

The Guardian: Energy

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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Mary Robinson reiterates call for rapid phase-out of fossil fuels

The Guardian: Energy

In a live online event, Sultan Al Jaber had told Robinson there was “no science out there, or no scenario out there, that says that the phase-out of fossil fuel is what’s going to achieve 1.5C”, a view strongly rejected by many scientists.

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Gas prices and fossil fuels reach record highs in Europe – report

Smart Energy International

Soaring gas prices drove wholesale power prices to record highs in Europe last year, which resulted in several countries increasing their production of electricity from coal and lignite. The renewable proportion of the fuel mix (including biomass and waste) decreased from 41.4% MWh during December. in 2020 to 33.8%

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UK quits treaty that lets fossil fuel firms sue governments over climate policies

The Guardian: Energy

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.