Humanity is devouring our planet’s resources in increasingly destructive volumes, according to a new study that reveals we have consumed a year’s worth of carbon, food, water, fibre, land and timber in a record 212 days. As a result, the Earth Overshoot Day – which marks the point at [...]
In fact, since 1999, more than $200bn has been invested into the Alberta oil sands for that future. But what if that cash had gone into wind energy instead? [...]
A relatively small number of fossil fuel producers and their investors could hold the key to tackling climate change.
ExxonMobil, Shell, BP and Chevron are identified as among the highest emitting investor-owned companies since 1988.
The G20 countries provided $71.8bn of public finance for fossil-fuel projects between 2013-2015, compared with just $18.7bn for renewable energy. Japan provided the most at $16.5bn, which was six times more than it allotted for renewables. [...]
The European Commission recently endorsed three French schemes to support solar and hydropower energy generators in France under EU state aid rules. The schemes will allow France to develop around 2600 megawatts of additional solar capacity and 60 megawatts of additional hydropower capacity. The two solar schemes together have [...]
“The root problem is the fact that our economic system demands ever-increasing levels of extraction, production and consumption. Our politicians tell us that we need to keep the global economy growing at more than 3% each year – the minimum necessary for large firms to make aggregate profits. That means every 20 years we need to double the size of the global economy – double the cars, double the fishing, double the mining, double the McFlurries and double the iPads. And then double them again over the next 20 years from their already doubled state??”
Several large, developed countries are breaking the mold of one-to-one economic growth and environmental impacts. As countries embark on the transition to a new climate economy , there’s a debate about whether growth can drive, or even coexist with, climate stabilization. This emerging trend is supported by 21 countries that have managed to reduce GHG emissions while growing GDP [...]
The capacity of wind power generation worldwide reached 432.42 gigawatts (GW) at the end of 2015, up 17 percent from a year earlier and surpassing nuclear energy for the first time, according to data released by global industry bodies.
The generation capacity of wind farms newly built in 2015 was a record 63.01 GW, corresponding to about 60 nuclear reactors, according to the Global Wind Energy Council based in Brussels. The global nuclear power generation capacity was 382.55 GW as of Jan. 1, 2016, the London-based World Nuclear Association said.
US Solar Market Sets New Record, Installing 7.3GW of Solar PV in 2015 – beating out natural-gas capacity additions
For the first time ever, solar beat out natural-gas capacity additions, with solar supplying 29.5 percent of all new electric generating capacity in the U.S. in 2015.
Booming market grew 27% in 2015 edging past European Union for first time. China installed half of all new wind capacity worldwide last year, according to the Global Wind Energy Council (GWEC). The country added an “astonishing” 30.5 gigawatts to boost installations to 145.1GW. Total global capacity reached 432.4 GW, a 17% increase on the previous year.