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

Green Car Congress

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. thousand in 2017.

Coal 243
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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BP released the 68 th annual edition of the BP Statistical Review of World Energy (BP Stats Review), a comprehensive collection and analysis of global energy data. This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. It is completely wrong,” Fatih Birol , Executive Director of the International Energy Agency (IEA), has stated. In states (or countries ) with a high proportion of coal-generated electricity, the miles needed to break-even climb more. The answer is perhaps some, but maybe not too much.

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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report. Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. —“Taxing Energy Use 2018”.

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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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Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 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. billion tonnes.

Emissions 370
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EPA GHG Inventory shows US GHG down 1.7% y-o-y in 2019, down 13% from 2005

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This decrease was driven largely by a decrease in emissions from fossil fuel combustion resulting from a decrease in total energy use in 2019 compared to 2018 and a continued shift from coal to natural gas and renewables in the electric power sector. CO 2 emissions decreased 2.2% from 2018 to 2019.

2005 418
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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.