Climate Change The New Economy
Climate Change, Environment
According to a report by FTSE Russell, a key provider of stock market indicesand associated data , the green economy is now worth as much as the fossil fuel sector and offers more significant and safe investment opportunities, pointing towards even more significant growth in the future. The green economy is defined as an
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Every so often it’s helpful — and by helpful I also mean traumatic, so buyer beware — to pull the lens back and take a look at the big picture on climate change and what’s necessary to avert its worst consequences. In the journal Nature, journalist Jeff Tollefson recently offered that magisterial overview of
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Solar energy dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Solar power also attracted far more investment, at $160.8 billion, up
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UN Climate Change News, 3 April 2018 – Scientists are now worried that unless accelerated action is taken by 2020, the Paris goal may become unattainable, UN Secretary-General António Guterres told reporters at the UN’s New York Headquarters. The Paris Climate Change Agreement, adopted by countries in December 2015, aims to keep global temperature rise
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Global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains. Over 70% of global energy demand growth was met by oil,
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Oil, gas and thermal coal face varying challenges and degrees of risk in a climate-constrained future. This report looks at each of these fuels in turn with a focus on the upstream end of the value chain, comparing potential supply to a selection of different demand scenarios that result in
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The Arctic winter has ended with more news that is worrying even the scientists who watch the effects of climate change closely. The region experienced its warmest winter on record. Sea ice hit record lows for the time of year, new US weather data revealed on Tuesday. “It’s just crazy, crazy stuff,” said Mark
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In the last month alone, major players within the fossil fuel industry – “big oil” – have made some big announcements regarding climate change. BP revealed plans to reduce its greenhouse gas emissions by acquiring additional renewable energy companies. Royal Dutch Shell defended its US$1-US$2 billion green energy annual budget. Even ExxonMobil, until
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As the amount of renewable energy in global electricity networks continues to surge, a new question arises – when will renewables become the dominant source of energy? A new report, the Lloyd’s Register 2018 Technology Radar, examines this issue and also looks at which technologies are likely to have the biggest impact
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UN Climate Change News, 14 February 2018 - Taxes are effective at cutting harmful greenhouse emissions from energy use, but taxation applied by major economies to CO2 emissions is not enough to fight climate change, say experts with the Organisation for Economic Co-operation and Development (OECD) in the report Taxing Energy Use
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