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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

It argued that investments in renewables, energy efficiency, and smart grid solutions should be at the heart of any response to the crisis, noting how these green investments will enable nations to drastically reduce their reliance on polluting and volatile fossil fuel markets.

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Comment: Europe’s struggle to understand energy economics

Envirotec Magazine

Von der Leyen announced a plan to collect up to 140 billion euros in windfall profit taxes from energy companies that produce electricity at low cost, e.g. wind, solar, hydro and nuclear. Making up for the loss of Russian fossil fuel supply is a mammoth task. Source: World Nuclear Association). Source: IEA).

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The Risks in Biden’s Energy Plan

R-Squared Energy

You may count me among those who want to see society move beyond fossil fuels. We all know there are negative consequences associated with fossil fuel usage, such as the emission of carbon dioxide and various other pollutants. Most people drastically underestimate our ongoing dependence on fossil fuels.

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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

Whether it’s politically possible for the U.S. All of these benefits can be captured with solar, wind, existing hydropower and lithium-ion battery technologies at projected 2030 prices, he added. The big question for studies like these is how their findings might be translated into action in expanding the U.S.

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New Report Shows Gap Between Utility Carbon Pledges and Climate Change Imperatives

GreenTechMedia

But that's only one-fifth the amount that would be required to replace their existing or planned fossil fuel generation over the coming decade, she said. Wind and solar power accounted for just above 10 percent of U.S. From decarbonization imperatives to utility realities. and around the world.

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The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

The time is therefore now to plan an orderly wind-down of fossil fuel assets and manage the impact on the global economy rather than try to sustain the unsustainable. The worst year for oil ever Oil fueled the 20th century. Many of us now believe it is not a matter of if, but when we will transition away from fossil fuels.

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Dominion and Virginia Lawmakers Race to Define Clean Energy Goals, Offshore Wind Plans

GreenTechMedia

Its carbon-free portfolio includes nuclear power supplying about one-third of its generation needs, and just over 5 percent renewable, most of that hydropower and biomass. At the same time, the utility has been pushing forward with significant investments into renewable energy — most notably, its massive, 2.6-gigawatt

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