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Analysis: COP28, a compromised deal reached amidst all-time high fossil fuel influence

A Greener Life

By Anders Lorenzen Whether or not to include the language stating ‘fossil fuels must be phased out’ rather than ‘phased down’ became the key contentious issue at this year’s UN climate talks. A draft text released Friday, with just under a week for the summit to conclude included the key fossil fuel language as an option.

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Ask a Scientist: The US Has to Do More to Meet Its Carbon Emissions Reduction Goals

Union of Concerned Scientists

The IRA will stimulate most of the near-term private investment in clean energy and related infrastructure to decarbonize the US economy, spurring more than a trillion dollars in capital investments through 2035. It also will save US consumers money because they will spend less on fossil fuels. Your thoughts?

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Wind and solar are now cheaper than fossil fuels

Edouard Stenger

For years, grid parity – the time when solar and wind would be cost-competitive with fossil fuels and nuclear – was the holy grail of renewables energy, a target to reach in a distant future. But utility-scale solar PV is at $50 (-72% since 2009) and wind reaches $45 (-47%). But the future is now. .

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RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

Notably, in the same proposal, the Commission has also included screening criteria for gaseous fossil fuels. Their inclusion appears to be the result of a political compromise with Member States rather than of scientific appraisal as in the case of nuclear energy.

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What is sustainable finance and why should the Canadian government regulate it?

Enviromental Defense

But Canada’s largest financial institutions still fund fossil fuel expansion projects and are too slow to invest in climate solutions. For example, many investors fund climate solutions, like renewable energy, but they also need to stop funding projects that cause the climate crises. Why is this? .

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Why Energy Bills Will Be Even Higher This Winter

Union of Concerned Scientists

These higher costs are being driven by a major overreliance on natural gas, which has sharply spiked in price and is currently the dominant fuel source in the US for both home heating and electricity generation. Likewise, pipeline giant Williams Companies now refers to its gas projects as “clean energy” projects.

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Analysis: Bhutan ramps up its solar ambitions

A Greener Life

Photo credit: Department of Renewable Energy, MoEA Bhutan. With several new power-intensive IT industries proposed to be established, Bhutan’s domestic demand for energy is projected to more than double in the next two years, and its winter energy deficit will worsen, officials at the Department of Industry told me.