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Why some hydropower plants are worse for the climate than coal

Grist

According to a new study published in Environmental Science Technology, hundreds of active hydropower plants are making a worse impact on the climate than fossil fuels. Scientists have known for a while now that hydropower facilities release greenhouse gases — mostly methane, but also CO2 and nitrous oxide.

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

DeSmogBlog

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

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World Energy Outlook 2021: Transition to renewables not fast enough for net-zero targets

Renewable Energy World

The world’s hugely encouraging clean energy-momentum is running up against the stubborn incumbency of fossil fuels in our energy systems,” said Fatih Birol, the IEA Executive Director. The social and economic benefits of accelerating clean energy transitions are huge, and the costs of inaction are immense.”.

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Grid investment key as renewables dominate future energy economy says IEA

Smart Energy International

The report also highlights the importance of increasing levels of lower-emissions technologies for seasonal variations, including hydropower, nuclear, fossil fuels with carbon capture, utilisation and storage, bioenergy, hydrogen and ammonia.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

Southern Company also won’t include in its zero-carbon metrics the carbon emissions generated by customers of its natural gas distribution business burning the fuel it supplies them, although it will move to reduce methane leakage and help customers use the fuel more efficiently.

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SPACs offer new investment opportunities for energy industry

Renewable Energy World

As the recent experience at ExxonMobile has shown, investors are eager to invest in, and accelerate the migration toward, energy production that does not rely on fossil fuels. SPACs that have invested in the electric vehicle sector are certainly an example of the concept. up of sufficient size to attract the attention of a SPAC team.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  And below we start the week off with a walk down memory lane of the year’s top CTVC headlines.