Climate Change The New Economy
Climate Change, Environment
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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Over the past decade, coal has been increasingly replaced by cheaper, cleaner energy sources. US coal power production has dropped by 44% (866 terawatt-hours [TWh]). It’s been replaced by natural gas (up 45%, or 400 TWh), renewables (up 260%, or 200 TWh), and increased efficiency (the US uses 9%, or 371 TWh
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Over the past few years, natural gas has become the primary fuel that America uses to generate electricity, displacing the long-time king of fossil fuels, coal. In 2019, more than a third of America's electrical supply will come from natural gas, with coal falling to a second-ranked 28 percent, the Energy Information Administration predicted this month,
Read MoreThe world’s largest private coal mining company is teetering on the edge of bankruptcy, driven to the brink of collapse by plummeting energy prices around the world, cheaper and less polluting rivals such as natural gas, and widespread economic uncertainty. US mining giant Peabody Energy announced in New York on Wednesday
Read MoreThe world’s largest private coal mining company is teetering on the edge of bankruptcy, driven to the brink of collapse by plummeting energy prices around the world, cheaper and less polluting rivals such as natural gas, and widespread economic uncertainty. US mining giant Peabody Energy announced in New York on Wednesday
Read MoreBlanca Losada, Chief Executive Officer, Gas Natural Fenosa Engineering, Chief Technology and Engineering Officer, Gas Natural Fenosa The challenges presented by climate change demand a targeted and coordinated response from all of the players who are actively involved in the energy sector, to enable us to address these challenges from many different
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