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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Capital cost to build a 10k metric-ton battery precursor plant. If approached correctly, African countries can capitalize on their abundant natural resources, growing demand for vehicles and rapid urbanization to build a global hub to produce electric vehicles. —Ashish Sethia, global head of commodities at BNEF.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. According to the IEA, global energy demand will grow 55% by 2030.