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Rising battery storage costs: A long-term trend or short term blip?

Business Green

Meanwhile, the European Union's plan to reduce its reliance on Russian fossil fuels through its REPowerEU plan is expected to significantly boost investment in large-scale energy storage capacity on grids across in Europe. [link] pic.twitter.com/C55UHprYIv. — Lion Hirth (@LionHirth) January 6, 2023.

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Global Briefing: EU and US launch Joint Task Force on Energy Security

Business Green

The Task Force for Energy Security will be chaired by a representative from the White House and a representative of the President of the European Commission and will work on a range of measures to bolster EU energy security, including initiative to drastically reduce fossil fuel imports this year.

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Roaring Twenty-Twenties: Accelerating Energy Transition

Mr. Sustainability

With the ‘old’, I refer to the fossil-fuel based, centralized energy industries that are reliant on conservative economic models. According to Carbon Trackers , we are talking about a value of between 14-129 trillion dollars for fossil fuel assets alone and revenue streams of trillions of dollars annually. Let me explain.

Energy 78
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Inflation Reduction Act: 10 ways it will turbocharge US climate action (and one way it won't)

Business Green

The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure. After decades of gridlock, the US looks set to pass sweeping climate legislation for the first time.