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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. We need to be talking about trillions per year if we are to meet climate goals. billion, and wind (onshore and offshore) down 6% at $142.7 billion (down 11%).
It not only solves our air quality and climate challenges by producing pollution-free hydrogen. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. That’s why our partnership with SGH2 is so important. This is game-changing technology.
Some of these anti-nuclear forces have recently found a sparring ground with France in drafting the EU’s sustainable finance taxonomy , which delineates particular energy sources as “green.” says Darragh Conway , a climate policy expert at Climate Focus in Amsterdam. The obvious answer might be solar and wind.
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