This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. HKM aims to reduce CO 2 emissions by 30% by the year 2025, and then be as climate neutral as possible by 2045.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).
Reducing emissions of black carbon soot and ground-level ozone would quickly make a considerable dent in the climate change problem and would also contribute to public health and protect crop yields, according to an essay in the September/October issue of Foreign Affairs. Tags: Climate Change Emissions. Earlier post.) Foreign Affairs.
The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%
Another great advantage of the partnership: a country like Australia, which has previously exported coal on a large scale, is building up a new, climate-friendly perspective as an energy exporter, true to the motto ‘shipping the sunshine’—practically packaged sunshine from Australia. Co-financing of “HydrogenHubs”.
Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.
The people whose business model is to wreck the ecology and the climate and profit from it. Even when we reach the limit of our carbon budget, when burning any more oil, coal or gas will push global temperatures beyond 2 degrees celsius, the E&B business model is to harvest more oil so that it can be burned as fuel.
Without systematic, transformative changes, the US is unlikely to succeed either in averting the worst economic and environmental consequences of climate change or in achieving a secure, affordable and reliable energy supply. Business as usual is unsustainable over the long run. —Richard Lester.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60
trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climate change catastrophe. Claims that “the technology exists to solve the climate problem” underestimate the scale of efforts required.
GSI, in collaboration with the National Institute for Public Finance and Policy (NIPFP) and The Energy Resource Institute. million barrels per day, natural gas demand would be cut by 330 billion cubic meters, and coal demand would drop by 230 million tons of coal. Oil demand would be reduced by 3.7 in 2020 and 5.8%
Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climate change package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. The series of bills the Governor signed into law today include: House Bill 2186. House Bill 2626.
The assessment comes on the heels of a national climate action plan announced by President Obama. Carbon sequestration in the President’s climate plan. Carbon sequestration in the President’s climate plan. As an acceptable condition for US government support for public financing of new coal plants overseas.
The program is part of President Obama’s climate action plan. Projects deploying these technologies are typically unable to obtain commercial financing due to high technology risks. Earlier post.). Once finalized, this solicitation will be the sixth issued in support of Section 1703.
Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. Section 4122 allows state and local governmental entities to issue tax credit bonds in order to finance natural gas vehicle projects. The American Power Act.
Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.
In addition, despite the rigorous development of renewables, carbon dioxide emissions are increasing, because the energy mix increasingly includes coal-fired power plants that emit large quantities of CO 2 to compensate for weather-related fluctuations in power generation from renewables and the closing of nuclear plants.
billion in tax subsidies for oil, coal and gas industries. Select EERE Programs and Financing (US$ millions). billion in applied energy research and development to position the United States as the world leader in energy technology that will address climate change, develop new industries, and create new jobs. Solar energy.
Coal is the worst fossil fuel, that much is clear. Its carbon footprint per kilowatt-hour of electricity when it's burned by electric utilities to make electricity is far, far higher than that of natural gas.
The partnership centers on driving forward the production of carbon-neutral steel, with a plan to replace coal with wind power and green hydrogen as the main source of energy in steel production at ArcelorMittal’s steelmaking sites in Germany. Industry needs both in large quantities as soon as possible in order to achieve its climate targets.
According to the Rainforest Action Network, Dimon either dismissed those questions, punted, or demonstrated an apparent misunderstanding of his bank’s policies. more… The post Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’ appeared first on Electrek.
We have had a long debate about climate change in this country. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act.
Worried about your finances and the crash of the economy? In the 15 months that have passed since I wrote the following, ALL the climate change news has gone from bad, to worse, to much worse than that. Bush and Dick Cheney are nothing short of climate criminals who should be in prison right now. The truth is George W.
It not only solves our air quality and climate challenges by producing pollution-free hydrogen. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. That’s why our partnership with SGH2 is so important. This is game-changing technology.
Greenhouse gas emissions will certainly grow too, because India’s energy generation is dominated by fossil fuels—coal-fired power plants for electricity, coal- and gas-fired furnaces for industrial heating, liquid petroleum gas for cooking, and gasoline and diesel for transportation. costs less than fossil-fuel-based electricity.
Böhni emphasized that the production of climate-neutral fuel is key to climate protection and therefore needs to be given a fair chance; he established the Clean Fuel Now initiative at the Federal Parliament in Bern in late 2014. Climate change is happening much faster than we thought a few years ago. Click to enlarge.
In today’s Electrek Green Energy Brief (EGEB): A climate group report shows fossil-fuel financing continues to rise despite Paris Agreement pledges. The world’s largest coal mining company sets its sights on solar. Tesla now offers price matching, so it’s important to shop for the best quotes.
Creative Greenius talks AB 811 Financing to the Green Task Force / photo (c) Debra Bushweit Galliani. I bring a passion that’s driven by my sense of urgency over our climate change crisis. Click Here to Download a PDF copy of my presentation ). But I also bring something more on top of all that.
The announcement came on the eve of the US-China Climate Leaders Summit to be hosted in L.A. Broader goals for the plan include reducing greenhouse gas emissions by 80% by 2050; increasing local water supplies to 50% by 2035; getting DWP off of coal entirely by 2025; and reducing water use city-wide 20% by 2017.).
In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.
JetBlue will continue to partner with Carbonfund.org—a leading US-based nonprofit carbon reduction and climate solutions organization. Buying carbon credits means investing in emission reduction projects that require carbon offsetting financing in order to take place. The sale of carbon offsets help to finance the projects.
My new solar system only needs to be 2 kilowatts now instead of 4 – which is good because solar’s still too damn expensive and the process for putting AB 811 financing in place is taking too damn long, (and that’s another Greenius post that I’m still working on). The Big Dick Cheney Effect.
The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week. This will be easier said than done.
Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.
Compared with burning coal, natural gas emits about half the carbon dioxide and substantially less soot, mercury and sulfur. If developed in a responsible manner, natural gas can be the critical transition fuel that reduces the environmental impacts of fossil fuels and keeps us on a path toward a decarbonized energy future.
We found ourselves thinking about how Smart Energy Management for EV charging is connected to the COP26 UN Climate Change Conference; Countries from around the world continue to focus on reducing greenhouse gas (GHG) emissions as a key strategy for reducing the rate of global warming.
He wasn’t a finance guy, thinking “I’m going to make money.” It’s expensive and my clients don’t finance. Because for one, financing isn’t available anymore and two, early adopters are a different crowd. THE HOLY GRAIL OF SOLAR: $3 A WATT, CHEAPER THAN COAL. And at sub $3 you’re cheaper than coal. He was a geek.
We have rock-solid finances. Every electric car is ultimately only as climate-friendly as the generation of electricity it uses. Does it ever make sense ecologically to operate a car with power from a coal-fired plant? We have nine strong brands that work well together. We have a huge technological potential, despite the crisis.
In the 2030s, the grid will have less coal and there will be some constraints on gas. To move things along, Amazon led a US $500 million financing round to support X-energy in Rockville, Md., The financing will help X-energy finish its reactor design and build a nuclear fuel fabrication facility.
When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. Anthropogenic climate change confronts humanity with a challenge: How can we keep warm now as we try to prevent our world from overheating in the future?
Source: China’s National Bureau of Statistics / Climate Energy Finance (CEF) China’s clean energy installations continue to grow According to a July 2, 2024 report from Climate Energy Finance (CEF), China is on track to achieve its target of 1,200 GW in wind and solar installations this month. Take notes, everyone.
I even got him to buy a Tesla,” said Martinson, explaining that Hirt was an advisor and co-producer of the ARP film, Nation in Transition , an examination of the coal-to-renewables transition on the Navajo Nation and across northern Arizona. Paul Hirt, became a close friend. The first short film in the series is Workforce Rising. “I
The Prairie Solar project, expected to come online in summer 2026, will be built near a former coal mine. Julie Wormser, Cambridges chief climate officer, put it this way: Preventing carbon emissions in Cambridge or Illinois has the exact same impact on the global climate.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content