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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. billion tonnes. billion tonnes.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. Germany has an ambition to phase out all coal fired power plants by 2030.

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3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

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The large decline in emissions, achieved before the COVID-19 crisis, was mainly due to reduced coal use for power generation. Increasing carbon prices and gas becoming relatively cheaper compared with coal led to a significant reduction in coal use, in favor of gas and renewable energy sources. from 2018 to 2019.

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Huge Tesla Megapack project breaks ground in Queensland

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Another Tesla Megapack project in Australia has broken ground, set to replace a former coal plant as part of a sustainable energy hub in Queensland. Now, we’ve started converting it into one of the state’s first Clean Energy Hubs,” said Mick de Brenni, Queensland Minister for Energy and Clean Economy Jobs.

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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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Because of continuing trends in how much energy the US economy uses and how much CO 2 that energy use generates, energy-related CO 2 emissions in 2019 fell more than energy consumption, which declined by 0.9% The United States now emits less CO 2 from coal than from motor gasoline. US energy-related CO 2 emissions declined by 2.8%

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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But after the COVID-19 crisis brought large swathes of the world economy to a standstill in a matter of months, global investment is now expected to plummet by 20%, or almost $400 billion, compared with last year, according to the IEA’s World Energy Investment 2020 report. —Dr Fatih Birol, the IEA’s Executive Director.

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