According to calculations by the US think tank Energy Innovation, a second term of US President Donald Trump could almost completely undo the progress made in US climate policy. If Trump implemented the climate policy elements of “Project 2025,” annual emissions would still amount to 4.92 gigatons of CO2 equivalents in 2030. However, if the […]
The Arab group of countries is calling on developed countries to contribute at least 441 billion US dollars per year from public funds for international climate financing. In total, the developed countries are urged to mobilize 1.1 trillion US dollars annually between 2025 and 2029. This is according to a submission by the Arab group […]
It is a glimmer of hope that is often overlooked in the climate crisis: Much of the energy and mobility transition technology already exists – and is constantly improving. Countries do not have to wait for e-fuels, mini-nuclear power plants or nuclear fusion to rapidly cut emissions. Solar and wind power are experiencing an enormous […]
The Arab States Group is calling on the industrialized countries – including the EU countries – to provide at least US$441 billion annually for international climate financing from public funds in future. In total, the developed countries should mobilize US$1.1 trillion annually between 2025 and 2029, including private investments.This is the result of a submission […]
There have been some recent success stories in direct air capture (DAC) technology: China has also successfully tested a larger DAC plant for the first time, and companies such as Climeworks and CarbonCapture have reported new developments. The progress is significant because limiting global warming to 1.5 degrees will require large quantities of CO2 to […]
According to new calculations by the Fraunhofer Institute for Solar Energy Systems (ISE), large photovoltaic systems and onshore wind turbines produce the cheapest electricity in Germany. Even in combination with battery storage systems, photovoltaic roof systems and ground-mounted systems produce more affordable electricity than many conventional technologies, such as gas, coal, and nuclear power plants.According […]
The latest quarterly figures of the largest oil and gas companies show how far apart political goals and economic reality are: At the last World Climate Conference, countries agreed to “transition away from fossil fuels in the energy system.” However, oil and gas companies are once again reporting high profits in the first half of […]
China intends to establish a hard cap on emissions to regulate greenhouse gas output. Late last week, the State Council presented a “work program” outlining stricter emissions control starting in 2030. The current method, which controls emissions relative to economic growth, will be replaced by “absolute emission control.”Analyst Yan Qin states that the State Council […]
It is yet another warning signal in the climate crisis: Global methane emissions have increased sharply since 2020, as a new study shows. The scientists warn that the growth of this very potent greenhouse gas “far exceeds” forecasts. The rapid increase in recent years is mainly caused by the fossil fuel sector and rising wetland […]
According to US Treasury Secretary Janet Yellen, states worldwide need to invest three trillion US dollars annually in the energy transition and the decarbonization of their economies. This would be far more than what is currently being invested. “Neglecting climate change and biodiversity loss is not only bad environmental policy. It is bad economic policy,” […]