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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.

Oil 418
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Why EVs Aren't a Climate Change Panacea

Cars That Think

In states (or countries ) with a high proportion of coal-generated electricity, the miles needed to break-even climb more. As electricity increasingly comes from renewables, total electric vehicle GHG emissions will continue downward, but that will take at least a decade or more to happen everywhere across the U.S.

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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

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.

Coal 243
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Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.

Renewable 292
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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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What is Renewable energy integration, challenges, why it is needed

Baua Electric

what is renewable energy integration ? Renewable energy integration refers to the process of efficiently incorporating renewable energy sources into existing energy systems. Energy Storage: Renewable energy sources are often intermittent, meaning they don’t produce energy consistently.

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Study finds climate impact of hydropower varies widely

Green Car Congress

Currently, hydropower contributes two-thirds of the electricity generated from renewable sources worldwide, according to the International Energy Association, with thousands of new hydroelectric facilities either planned or under construction across the globe.

Climate 207