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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Renewable 349
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Study finds shifts to renewable energy can drive up energy poverty

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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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GM first automaker to sign Ceres’ Climate Declaration

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General Motors is the first automaker among 40 major US companies to sign a “ Climate Declaration ,” collectively asserting that responding to climate change is good business. The campaign is organized by sustainable business advocacy group Ceres and its Business for Innovative Climate & Energy Policy, or BICEP, coalition.

Climate 252
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Rolls-Royce supports power-to-x initiative in Brandenburg; synthetic fuels and chemicals from renewable power

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Rolls-Royce intends to support research into green fuels in the Lausitz region of eastern Germany together with the State of Brandenburg, Brandenburg University of Technology Cottbus and other industrial partners. Synthetic fuels are a decisive factor in energy transition and the use of renewable energies.

Power 281
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Stanford’s GCEP awards $10.5M for research on renewable energy; solar cells, batteries, renewable fuels and bioenergy

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The Global Climate and Energy Project (GCEP) at Stanford University has awarded $10.5 million for seven research projects designed to advance a broad range of renewable energy technologies, including solar cells, batteries, renewable fuels and bioenergy. Batteries Carbon Capture and Conversion (CCC) Fuels Solar'

Renewable 225
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Cohort of new stakeholders joins Open Hydrogen Initiative

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The creation and adoption of these technical protocols will help build and harmonize the hydrogen market, contextualize climate solutions, advance transparency and support global trade in low-carbon hydrogen.

Hydrogen 482
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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. Enhance resilience to physical climate risks. Rio Tinto’s new 2030 climate targets are linked to executive remuneration.