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Yet, driven by vested interests in the fossilfuel industry , misleading narratives aim to distort and hinder meaningful climate commitments. Fossilfuels are the problem It’s pretty simple: the burning of fossilfuels is the main driver of climate change. billion tons of the 40.5
Solar, wind, electric vehicles, and other clean energy technologies saw a record-high $1.1 trillion in investment globally last year, matching investment in fossilfuels for the first time ever, according to a new report from Bloomberg New Energy Finance. Read more on E360 →
Heres a taste, from US projects, technologies, electrons, and investment, to happenings in the world as a whole. Policy drivers State leadership has been important in driving the development and adoption of clean energy for decades, and remains key to accelerating the move toward clean energy and away from fossilfuels.
Gas plants failed at a scale that jeopardized grid reliability for large regions of the United States during severe winter storms in 2011 , 2014 , 2018 , 2021 , and 2022. Even with the clean energy transition well underway, gas plants will be around for a while as we phase out fossilfuels.
Joining an ever growing list of countries from around the world, Canada pledged to end public financing for overseas fossil-fuel projects in 2022 and instead prioritize the clean energy transition. This sends an important signal to investors and people around the world that the sun is setting on fossilfuels.
There’s good news in the recently released official data on electricity generation in the United States in 2022: renewable energy has continued to grow, coal power has continued to drop, and renewables are now firmly ahead of coal for the first time ever. percent of the 2022 generation, and small solar 1.4 It supplied 10.5
Glasgow — Today at COP26, Canada, US, Mali, UK, and 20 other countries and institutions from both developed and developing countries launched a joint statement committing to end direct international public finance for unabated coal, oil and gas by the end of 2022 and prioritize clean energy finance. This was 2.5
Taylor, a professor at Delft University of Technology in the Netherlands. Mine Cleanup Law Weakened by Coal’s Decline — Reclamation is a flashpoint for the partisan divide over fossilfuels. The destruction from Hurricane Ian may push the price of home insurance – and thus home ownership – out of reach for many in Florida.
So in a sense, these are old technologies — about the same age as the very first internal combustion engines. But the scientific and technological advances that made these technologies competitive with fossilfuels are much more recent. Persian experts were sent by Genghis Khan to establish the technology in China.
New research from the International Renewable Energy Agency (IRENA) confirms renewables are continuing to outpace fossilfuels on cost. They found that the share of renewable energy that achieved lower costs than the most competitive fossilfuel option doubled in 2020. C climate pathway.
The Department of Energy estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022. I don’t mean to imply that technological progress will automatically fix things. Cheaper renewable energy attracts private investment and makes limits on fossilfuels more feasible.
Two-thirds of the G20’s public finance for energy went to fossilfuels in 2019–2020. The G20 group of nations provided nearly US$200 billion in support of fossilfuels in 2021, despite the worsening impacts of the climate crisis and their pledge in 2009 to phase out “inefficient” subsidies. By Catherine Early.
Domestic Chinese EV sales in 2022 were 6.8 The amount of new solar capacity in 2023 was double 2022’s, and new wind capacity was up 66%. However, China will also have to fix problems that have led to an underuse of renewable capacity and a preference for fossilfuel generation on the grid. million, eight times U.S.
They just released their 2022 “Annual Energy Outlook” (AEO), which is a big deal: it tells us where electricity is headed over the next 30 years. Source: US Energy Information Administration, Annual Energy Outlook 2022 (AEO2022). Renewable energy generation increases faster than any other technology.
In recent years, ExxonMobil has deceptively touted its “advanced recycling technology” as a proprietary “breakthrough in recycling technology,” says the complaint. But this purported breakthrough technology has been available to ExxonMobil to employ in their production operations for decades.
Paul Arbaje is an energy analyst in the Climate & Energy program at the Union of Concerned Scientists and an expert on electricity policies and reforms that reduce fossilfuel use and reliance. The energy enthusiast who owns their own homes can take further steps toward making their homes completely free of direct fossilfuel use.
–Sean Post, JD 2022. –Kelsey Manes, JD 2022. What makes me most optimistic are the recent technological innovations and falling costs for renewable energy generation, battery storage and alternative fuel vehicles. –Richard Diaz, Master of Public Policy candidate, 2022.
That’s a really good thing given the central role we expect and need solar to play in a just transition away from fossilfuels. The industry is projecting the US sector to grow by 32,000 megawatts this year—50 percent more than in 2022, and enough to increase solar’s portion of the US electricity supply to well more than 6 percent.
But a March 2022 analysis from the investor consortium Climate Action 100+ determined that no major oil company was on track to meet the Paris goals. Meanwhile, annual reports show corporations are pushing ahead with plans to expand production, betting on new technologies to somehow make it all okay in the future.
However, as we replace fossilfuels with clean electricity for heating and transportation to meet our climate goals, these peak demands will increasingly shift to the winter in many parts of the country. Decarbonizing the power sector also plays a critical long-term role by replacing fossilfuels in other sectors.
A word about CCS : this technology has existed for decades but is only used at a handful of fossil energy facilities. C to 2°C,” and, “Implementation of CCS currently faces technological, economic, institutional, ecological-environmental, and socio-cultural barriers.” Who needs units anyway?
In 2022 I visited Glacier National Park for the first time with two close friends. Some estimates suggest they could disappear by 2030 due to the climate change triggered by human fossilfuel use, which began less than 200 years ago. By contrast, the glaciers in Glacier National Park are retreating at a disturbingly rapid pace.
They accounted for most of the failed generating capacity in a number of recent extreme weather events, including Winter Storm Uri in 2021 and Winter Storm Elliott in 2022, according to Gas Malfunction , a new Union of Concerned Scientists (UCS) issue brief. percent higher than the number of wealthier residents, according to a 2022 UCS study.
I’ve written recently about why a Cap on Vegetable Oil-Based Fuels Will Stabilize and Strengthen California’s Low Carbon Fuel Standard , which addresses the bio-based diesel credits. This approach holds fuel producers accountable for reducing fossilfuel use and other global warming pollution in their supply chains.
In December, the Treasury Department and the Internal Revenue Service proposed regulations governing implementation of the 45V Clean Hydrogen Production Tax Credit , passed as part of 2022’s Inflation Reduction Act. In particular, emissions loopholes related to biomethane and fugitive methane (i.e.,
Reduce the dependency on fossilfuels It urges governments, companies, and individuals to reduce fossilfuel dependency and scale up sustainable alternatives. Canadas Cleantech Expo Hosted by LumeSmart, this event in Toronto showcases green technology and youth-led innovation.
Federal government releases new policy aimed at ending international public financing for fossilfuels, next step is ending domestic financing . This new policy will end a significant portion of EDC’s support for fossilfuels and redirect those funds to support the clean energy transition.
Another actor with immense political power and influence played a role in this shift: the fossilfuel industry. Fossilfuel companies wanted to make sure that regulation of their products, and as a result the heat-trapping emissions that come from producing and using fossilfuels, were kept out of international agreements.
The first wind turbine erected at the Hollandse Kust Zuid wind farm in April 2022. The combination of offshore wind turbines, floating solar panels and green hydrogen are some of the hybrid clean energy technologies currently under development off the Dutch coast. . Photo credit: Vattenfall / Ties van der Horst. By Anders Lorenzen.
Enter the late-July announcement of the Inflation Reduction Act of 2022—our chance to get back on track. How the Inflation Reduction Act of 2022 will accelerate necessary change. If we want a chance at hitting our climate targets, we need to return to that path.
It highlights the most active fossilfuel companies and industry associations, as well as the Members of Parliament, ministries and ministers targeted for lobbying. The report compiles data from the Federal Registry of Lobbyists. That means Big Oil lobbied Parliament nearly five times per working day.
5060 ), titled An Act Driving Clean Energy and Offshore Wind, into law on Thursday August 11, 2022. Reduction of FossilFuels. Other provisions include a ban on incentives and rebates from Mass Save related to fossilfuel powered systems, except as backup for electric heat pumps.
Sales figure from VELOZ The top selling passenger car AND top selling light truck in CA in 2023, according to California New Car Dealers Association , were both electric vehicles with the Tesla Model 3 and the Tesla Model Y taking the top spots…as they also did in 2022. By making historic investments in the U.S.
CCS is a multi-billion dollar boondoggle that doesn’t come close to the hype, has significant safety risks, and is a substantial distraction from real climate solutions, such as building more renewable energy, increasing electricity transmission infrastructure, and developing and using storage technology. Want proof?
The simple fact is that ditching fossilfuels for low-cost clean energy resources is good for the planet, good for the US economy, and good for public health. To address this looming problem, FERC issued a draft rule in April 2022 that would require a much more forward-looking, comprehensive approach to transmission system planning.
A 1 megawatt vanadium flow battery (a different technology from lithium-ion, but also used for energy storage) is in Pullman, Washington, built by UniEnergy Technologies and owned by Avista Utilities. Source: UniEnergy Technologies / Wikimedia Commons. Engineers develop energy storage battery technologies. Batteries.
The IRA gave us effective tools for cleaning up the power sector through dedicated support for the rapid and widescale deployment of renewable resources and the technologies that support them. The Supreme Court clipped the agency’s wings in its 2022 West Virginia v. EPA decision, but it did not ground EPA. Despite the West Virginia v.
Most prominently, because the approach is changing from rewarding specific technologies to rewarding anything that meets the greenhouse gas (GHG) emissions threshold of “clean”—hence the “tech-neutral” label—exactly how the government goes about determining whether or not something is actually eligible will be enormously important.
But the distribution system will be even more important when making a rapid clean energy transition, particularly considering the role distributed energy resources, such as rooftop solar, battery storage and electric vehicles, can play in helping Illinoisans dump fossilfuels.
In his 1874 novel, The Mysterious Island , Jules Verne wrote that “water will one day be employed as fuel, that hydrogen and oxygen which constitute it, used singly or together, will furnish an inexhaustible source of heat and light, of an intensity of which coal is not capable.”
CARB’s Low Carbon Fuel Standard (LCFS) seeks to incentivize the production and sale of alternative, lower emissions transportation fuels in order to displace conventional fossilfuels. To identify which fuels should be promoted, CARB calculates the life cycle greenhouse gas emissions from transportation fuels.
Since the beginning of 2022, electric vehicle sales in the United States have been downright electrifying. That’s a far cry from just six years ago, when EVs were considered a niche technology (and the fossilfuel baron Charles Koch and his minions wanted to keep it that way). Those 807,956 EVs accounted for 5.8
If those were all EVs with a similar efficiency, battery size, and chemistry to the 2022 Tesla Model 3, they would require 107,000 metric tons of lithium. If they were all equivalent to the battery size, efficiency, and chemistry to the 2022 F150 Lightning, they would require 170,000 metric tons – 58% more.
The world is moving away from fossilfuels. With renewable energy, like solar and wind, becoming cheaper and easier to scale up, there has never been a better moment for governments to transition away from the fossilfuel industry and its destructive impacts on the environment, the climate and communities.
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