Climate Change The New Economy
Climate Change, Environment
Carlos Alvarado, the new president of Costa Rica, announced the country's "titanic and beautiful task of abolishing the use of fossil fuels in our economy to make way for the use of clean and renewable energies. He made the remarks at his inauguration speech Wednesday in front of a crowd of thousands, the Independent reported. The 38-year-old former
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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 It’s been replaced by natural gas (up 45%, or 400 TWh), renewables (up 260%, or 200 TWh), and increased efficiency (the US uses 9%, or 371 TWh
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Energy is a linchpin of economic prosperity, with energy security, reliability and affordability key preconditions for sustainable growth. Is today’s energy system evolving in a way that ensures these preconditions? Today, the global energy scene is in a state of flux, with a series of large-scale shifts transforming the outlook for
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The climate crisis is the gravest danger to our planet as we know it. Sea levels are rising higher each year, temperatures are hotter than ever before and glaciers have shrunk to record levels. For many communities across the globe, this makes for a vicious cocktail that is brewing for disaster—a
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There's little doubt that we need to make a rapid shift toward a 100% low carbon future. And given the incredible progress that's been made on everything from offshore wind to low cost solar, it's looking increasingly likely that we can get there. Elon's big announcement already has suburbanites drooling
Read MoreCOP22 host leads by example in the fight against climate change with 52% green energy target by 2020 and Africa’s first city cycle hire scheme As the host of this year’s COP22 climate change conference in Marrakech, Morocco has been keen to demonstrate its green credentials and make this COP the
Read MoreJim Yong Kim says slowing down growth in coal-fired power stations is essential in order to reduce emissions Slowing down construction of coal-fired power stations will be vital to hit globally agreed climate change goals, the World Bank president, Jim Yong Kim, said as he outlined a five-point plan to flesh
Read MoreGlobal energy investment down 8% in 2015 with flows signalling move towards cleaner energy A new IEA report – World Energy Investment 2016 – shows the electricity sector leading a broad reorientation of energy investment but warns more is needed to meet climate targets and address energy security concerns (London) — 14
Read MoreInvestors say countries that move first will attract investments and call for regulators to force disclosure of climate-related risks A group of 130 institutions that control US$13tn of investments have called on G20 nations to ratify the Paris agreement this year and accelerate investment in clean energy and forced disclosure of
Read MoreIn international news, United Nations (UN) secretary-general Ban Ki-moon on Wednesday advised a gathering of more than 500 global investors to mobilise $660 billion of clean energy investments by 2020. The gathering held at the UN headquarters in New York was aimed at kickstarting funds needed to help the world shift to clean
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