European countries have already added as many solar systems this year as they did in the entire past year. According to forecasts by the consulting firm Rystad Energy, the expansion will continue in 2023:“Rooftop solar is driving the transformation of Europe’s renewable energy landscape, from a niche market to a powerful force in reshaping the […]
The International Energy Agency (IEA) anticipates that global demand for fossil fuels will peak by 2030. This is according to the IEA’s new World Energy Outlook. “The transition to clean energy is happening worldwide and it’s unstoppable. It’s not a question of ‘if,’ it’s just a matter of ‘how soon’ – and the sooner, the […]
The United Nations University (UNU) warns of six “risk tipping points” in its new study, “Interconnected Disaster Risks 2023,” whose occurrence would have “potentially catastrophic impacts for people and the planet.” Four of the tipping points examined are partly or entirely caused by climate change:In addition, groundwater depletion and increasing space debris are cited as […]
A climate ranking published today by Greenpeace East Asia gives many carmakers a poor grade. The majority of cars sold still have internal combustion engines. In addition, many automakers have made little progress in decarbonizing their supply chains and using resources more economically. None of the world’s 15 largest car companies have “made adequate commitments […]
Worldwide, 577 companies continue to develop new coal capacity. This is according to an analysis published today by the NGO Urgewald and 40 partner organizations, which analyzed the coal policies of more than 1,400 companies. Only 71 have set an exit date -with only 41 compatible with the Paris climate agreement. The NGOs are calling […]
To meet climate targets, investment in power grids must double to 600 billion US dollars annually through 2030. This is the conclusion of a new report by the International Energy Agency (IEA). Consequently, the IEA warns that power grids are already a bottleneck in the energy transition. While investments in renewable energies have almost doubled […]
Late Monday evening this week, another front emerged for the next climate conference in Dubai in late November: The position of the EU countries for COP28 abandoned the use of CCS technology in the energy sector. They now aim for an “energy sector predominantly free of fossil fuels well before 2050.”However, the COP presidency, the […]
On Tuesday, EU institutions failed to reach a compromise on methane regulation. A comprehensive regulation covering methane emissions in extra-European production countries of natural gas, oil and coal could bring significant reductions in methane emissions. According to estimates by the Clean Air Task Force (CATF), an EU import standard for methane emissions could reduce one-third […]
The German government plans to place a stronger focus on investments in climate action in its foreign trade promotion activities. This is the aim of the new climate policy sector guidelines for export credit and investment guarantees, on which consultations with business associations, among others, have now been completed. According to German economy ministry sources […]
The Fraunhofer Institute for Systems and Innovation Research (ISI) advocates the continued development of Direct Air Carbon Capture and Storage technologies. According to a policy brief published today, DACCS is one of the “more promising technological approaches to achieve negative emissions.”The authors of the Fraunhofer ISI call for a “timely” creation of the “necessary conditions” […]