The oil giant claims 30% of its investing budget goes to ‘transition growth engines’, but it recently ditched a target to reduce its oil output. Daniel Capurro writes on the iNews website that BP invested 11 times more money on oil and gas than on low-carbon energy in the last quarter. Earlier this year International … Continue reading “We are kidding ourselves if we think that the oil giants will pave the way for a future where our planet is habitable”
Category: clean energy
New report from Columbia Center on Sustainable Investment finds that financial institutions’ climate strategies are far off track from what’s needed for climate action
A new report published by the Columbia Center on Sustainable Investment (“Finance for Zero: Redefining Financial-Sector Action to Achieve Global Climate Goals”) finds that financial institutions’ climate strategies are far off track from what’s needed for climate action, and even from their own commitments. The financial sector’s climate commitments “often overstate or misrepresent the extent to which they support … Continue reading New report from Columbia Center on Sustainable Investment finds that financial institutions’ climate strategies are far off track from what’s needed for climate action
Blog from Jane Marsh: Why “Blue” Hydrogen Shouldn’t Be Considered Clean Energy
Hydrogen has always been an option for clean energy because it produces no byproducts other than water. There are numerous avenues for obtaining hydrogen, but not all are created equal. Companies can capture it from business operations, and electrolyzers can generate them. Each method gets a color, which determines its source and environmental impact, so … Continue reading Blog from Jane Marsh: Why “Blue” Hydrogen Shouldn’t Be Considered Clean Energy
Wartime solar power in Ukraine
Michael Birnbaum writes on the Washington Post website that a growing number of Ukrainian hospitals, schools, police stations and other critical buildings are racing to install solar panels ahead of what many expect will be another hard winter. A less carbon-intense, decentralised energy system is emerging as a key element of Ukraine’s reconstruction efforts. “Before … Continue reading Wartime solar power in Ukraine
Investments into solar look set to exceed that of oil production for the first time ever
A news item on the Deutsche Welle website discusses latest analysis by the IEA that investments into solar look set to exceed that of oil production for the first time ever, with more than $1.7trn set to be funnelled into clean energy solutions in 2023. Solar power investment overtakes oil for first time The … Continue reading Investments into solar look set to exceed that of oil production for the first time ever
Blog from Jane Marsh: Green Energy Provides More Jobs in the Short- and Long-Term
Green energy is more than a one-time investment and installation process. Humans could erect wind turbines and ground solar panels on rooftops in a mass renewable energy revolution. But, these machines and technologies need continued maintenance and R&D. Humans must adjust their misconceptions for the better — that just because renewable energy is clean doesn’t … Continue reading Blog from Jane Marsh: Green Energy Provides More Jobs in the Short- and Long-Term
Sweden plans road that would allow electric cars to charge themselves as they are driven along its surface
The e-motorway, which is due to be completed in about two years, is part of wider efforts by Sweden to decarbonise the transport sector. James Rothwell discusses latest developments in an article on The Telegraph website. Sweden plans to build world’s first electrified motorway Sweden has announced plans to build the world’s first electrified … Continue reading Sweden plans road that would allow electric cars to charge themselves as they are driven along its surface
European Green Deal: new law agreed to cut aviation emissions by promoting sustainable aviation fuels
A political agreement on the ReFuelEU Aviation proposal was reached April 25th between the European Parliament and the Council. Once in place, the new rules will help decarbonise the aviation sector by requiring fuel suppliers to blend sustainable aviation fuels (SAF) with kerosene in increasing amounts from 2025. This measure on its own is projected … Continue reading European Green Deal: new law agreed to cut aviation emissions by promoting sustainable aviation fuels
Is hydrogen a realistic option for home heating?
Ran Boydell, Associate Professor in Sustainable Development at Heriot-Watt University, in an article on The Conversation website, argues against hydrogen being used for home heating. What are your views? Replacing methane with hydrogen to heat homes is a bad idea – here’s why Hydrogen is an energy-rich gas, which releases no carbon emissions when … Continue reading Is hydrogen a realistic option for home heating?
New IEA analysis on energy efficiency
Using energy more efficiently has proven to be an extremely successful and cost-effective way to reduce energy demand. Highly developed and well proven policy instruments already exist to deliver increased energy efficiency, such as Ecodesign in Europe and Japan’s Top Runner. These policy tools can also support fuel switching and better demand management, helping to … Continue reading New IEA analysis on energy efficiency
