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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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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. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. thousand in 2017. billion in 2018.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. —Leo Johnson, Partner, Sustainability and Climate Change, PwC. —Jonathan Grant, director, sustainability and climate change, PwC. —PwC report. a year, from now to 2050.

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Fast action on black carbon, ozone and methane could help limit global temperature rise to 2 degrees C

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The climate change benefit is estimated for a given year (2050) and human health and crop benefits are. °F), according to a new assessment released today in Bonn, Germany, during a meeting of the UN Framework Convention on Climate Change (UNFCCC). of oil and natural gas. for 2030 and beyond. Source: UNEP.

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

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“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

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