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Global geothermal industry passes 12,000 MW operational

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The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal. Ormat Technologies, and AltaRock Energy.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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Second, recent global efficiency standards for passenger vehicles, international freight, and domestic freight present significant changes from decades of stagnation in efficiency. Recent trends suggest that a demand-driven peak is increasingly plausible. First, demand for passenger travel may be saturating in industrialized countries.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. The pace of reducing global carbon intensity has been slow despite growing international focus on climate change. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina). —PwC report.