The CDC Group, the British government’s development finance institution, will end most fossil-fuel financing abroad. It says it will invest only in companies that align with the Paris Agreement to achieve net zero by 2050.
April 2020 was the first month in history that renewables generated more electricity than coal on every day of the month. That’s based on new data from the US Energy Information Administration (EIA) and compiled by the nonprofit Institute for Energy Economics and Financial Analysis (IEEFA).
In today’s EGEB:
A newly released report tracks the progress of American cities when it comes to clean energy efforts, and finds that fewer than a dozen are currently on pace to meet greenhouse gas emission goals.
A new report envisions a number of energy scenarios for the UK as it aims for net zero emissions by 2050, and one future path involves using 35 million electric cars to store a large amount of renewable energy.
In today’s EGEB:
General Electric will demolish a California natural gas-fired plant with 20 years remaining in its useful life, deeming the plant “uneconomical” as inexpensive solar and wind grab a larger share of power in the state.
US electricity generation capacity from renewable energy sources surpassed coal for the first time this April, and that gap looks to grow substantially during the next three years.
General Electric’s profitability collapse over the past few years can be largely attributed to the company’s inability to judge the accelerating pace of the global energy transition away from fossil fuels and toward renewables, a new study claims.
A newly introduced renewable energy megaproject combining multiple storage technologies is being billed as the world’s largest, and it looks to make its home in central Utah.
Plummeting costs have made renewable energy sources the most inexpensive option for new power generation throughout most parts of the world, according to a new study.
Worldwide investments in renewable energy and energy efficiency stalled in 2018, with experts saying a “rapid boost” is required to keep Paris Agreement goals in sight.
The world added as much renewable energy net capacity in 2018 as it did in 2017. While that ties a record high, it’s also the first time in nearly two decades that additions didn’t see an increase from the prior year.
Washington governor and Democratic presidential candidate Jay Inslee has released his 100% Clean Energy for America plan, an ambitious proposal befitting his position as the candidate running on climate change.
Another tipping point in energy seems to be on the horizon, as renewable energy in the US is expected to surpass coal in electricity generation for the first time this month.
A global transition to 100% renewable energy is possible across the electricity, heat, transport and desalination sectors by 2050, and it can be done for cheaper than the current global energy system, a new study claims.
A combination of renewable energy and electrification can reach 75% of the energy-related emission reductions necessary to meet global climate goals established by the Paris Agreement, a new report suggests.
House Democrats are making a push for clean energy tax incentives, and a new proposed bill would expand the scope of energy storage installations that are eligible for the investment tax credit (ITC).
Scotland’s Orkney Islands have unveiled an initiative that aims to use a network of technologies, including renewables, batteries, and electric vehicles, to become a group of “smart energy islands.” The £28.5 million ($37.4 million) project hopes to eventually eliminate any need for fossil fuel use on the archipelago.
A number of Democrats are now considering proposing various policies on climate change, including clean energy mandates and carbon pricing. And many of these Dems are purposely keeping their distance from the Green New Deal.
Strong gains in solar and wind energy last year have pushed renewable energy to now account for a third of global power capacity, according to the International Renewable Energy Agency (IRENA).
Scientists have found a new way to create hydrogen fuel using seawater, which could open up a new array of exciting possibilities in energy production.
A new analysis of energy jobs in the U.S. shows clean energy jobs grew 3.6 percent in 2018, adding about 110,000 new net jobs. Clean energy jobs now outnumber fossil fuel jobs by a nearly 3-to-1 ratio.
A group of engineers and scientists have announced a proposal to build an “energy corridor” along the U.S.-Mexico border. The plan would bring energy, water, and jobs to the region, in addition to built-in border security.