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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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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7

Coal 243
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Brazilian Ministry Of Environment And National Development Bank launch credit line for projects to reduce carbon emissions

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Brazil’s Minister of Environment Izabella Teixeira and Brazilian National Development Bank (BNDES) President Luciano Coutinho announced the launch of a new credit line to support projects focused on greenhouse gas reduction and climate change solutions. Efficient machinery and equipment. Renewable energy.

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IEA: global carbon dioxide emissions have rebounded strongly

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In Brazil, the rebound of road transport activity after the April low drove a recovery in oil demand, while increases in gas demand in the later months of 2020 pushed emissions above 2019 levels throughout the final quarter. China was the only major economy that grew in 2020.

Emissions 433
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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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Output from wind and solar PV increased by 270 TWh and 170 TWh, respectively, while hydro generation declined due to the impacts of drought, notably in the United States and Brazil. Renewables-based generation reached an all-time high, exceeding 8,000 terawatt-hours (TWh) in 2021, a record 500 TWh above its 2020 level.

Emissions 370
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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs.

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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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The largest components of future non-petroleum liquid fuels production are biofuels in Brazil and the United States, at 0.7 Almost 80% of the projected increase in renewable electricity generation is fueled by hydropower and wind power. World production of non-petroleum liquids, which in 2010 totaled only 1.6 Source: IEO2013.

2010 317
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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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Globally, fossil fuels continue to meet a dominant share of global energy demand, with implications for the links between energy, the environment and climate change. As the source of two-thirds of global greenhouse-gas emissions, the energy sector will be pivotal in determining whether or not climate change goals are achieved. …

Oil 275