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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. Source: Siemens. Click to enlarge. Euro cents/kWh.

Germany 239
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In the report, Deloitte uses clean hydrogen to encompass both green hydrogen— produced from renewable electricity via electrolysis—and blue hydrogen—produced via natural gas coupled with carbon capture and storage. trillion per year by 2050.

Clean 429
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EIU/Swiss Re report finds significant financial risk is most acute hazard for renewable energy sector

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The renewable energy sector needs to improve risk management and access alternative sources of capital as operational risks rise and governments cut funding due to the uncertain economic environment, according to a new report by the Economist Intelligence Unit (EIU) sponsored by Swiss Re.

Renewable 199
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions.

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climate change. The relative valuation of potential emissions offsets (e.g. The relative valuation of potential emissions offsets (e.g.

Climate 236
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

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trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climate change catastrophe. Last year’s survey called for a major overhaul of the machinery for international finance, aid and trade. The report comes out yearly.

Global 338