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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 In China, emissions fell by 1% last year, as coal demand declined while the economy expanded by 6.7%.

Economy 199
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year.

Financing 243
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Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

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Australia-based Clean Global Energy Limited (CGE) secured a Joint Venture Agreement with Beijing Yusenjiayu Environmental Protection Technology Co. Underground coal gasification. Ltd of Beijing, China (YSJY ), Inner Mongolia Gu Xin Mining Co. Click to enlarge.

Coal 186
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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. With no global policy, the increase in warming is projected to be about 5.5 °C.

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IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

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A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. Today, hydrogen is already being used on an industrial scale, but it is almost entirely supplied from natural gas and coal. That’s the equivalent of the annual carbon emissions of the United Kingdom and Indonesia combined.

Clean 255
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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

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It is rapidly expanding energy use, mainly driven by fossil fuels, that explains why humanity is on the verge of breaching planetary sustainability boundaries through global warming, biodiversity loss, and disturbance of the nitrogen-cycle balance and other measures of the sustainability of the earth’s ecosystem.

Global 338
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Battelle wins $6M in contracts to advance carbon management and shale development

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—Marty Toomajian, president of Battelle’s Energy, Environment and Material Sciences Global Business. The projects are co-funded by The Development Services Agency's Ohio Coal Development Office (OCDO) for promoting clean use of Ohio coals. Department of Homeland Security, and the United Kingdom.

Carbon 231