Remove 2014 Remove Coal Remove Gas Remove Renewable
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

Coal 243
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EIA: projected US CO2 emissions vary up or down depending on coal and nuclear power plant retirements

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EIA’s Annual Energy Outlook 2014 (AEO2014) features several accelerated retirements cases that represent conditions leading to additional coal and nuclear plant retirements in order to examine the potential energy market and emissions effects of the loss of this capacity. Nuclear power and renewables do not emit CO 2.

Coal 199
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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

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By 2025 HKM will have taken measures to reduce CO 2 emissions by at least 30% when compared to 2014. HKM is focusing on moving away from coal, via natural gas and coke oven gas with a high hydrogen content, towards green hydrogen produced from renewable sources, a process which has already begun.

Financing 221
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run. The latest BP Annual Energy Outlook found that in 2017, renewables grew strongly in 2017, with wind and solar leading the way. NEO 2018 sees $11.5 BNEF sees $1.3

Wind 220
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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As I have said before, this is not a race to renewables, but a race to reduce carbon emissions across many fronts. Natural gas consumption and production was up over 5%, one of the strongest rates of growth for both demand and output for over 30 years. Coal still accounted for the largest share of power generation at 38%.

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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. Gas demand growth was especially strong in the United States and China. Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use.

2018 207
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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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While natural gas can reduce greenhouse emissions when it is substituted for higher-emission energy sources, abundant shale gas is not likely to substantially alter total emissions without policies targeted at greenhouse gas reduction, according to a new study by two researchers at Duke University. —Newell and Raimi.

Climate 199