Emissions targets being imposed by corporates in the U.S. and Europe are forcing manufacturers in other parts of the world to decarbonise, writes Kwangyin Liu at Clean Energy Wire. Here, she looks at how Taiwan’s TSMC – the world’s third largest chip manufacturer – is having to set up factories in Arizona (U.S.) and Kumamoto (Japan) where emissions are lower and thus to comply with requirements set by customers like Apple, Google and Microsoft. … [Read more...]
Copenhagen will miss its 2025 net-zero target: a case study of how pledges fail
Copenhagen is going to miss its 2025 net-zero target. The reason can be taken as a template for why we may soon see other failing pledges from governments and corporates. Kirstine Lund Christiansen at the University of Copenhagen and Inge-Merete Hougaard at Lund University explain that Copenhagen’s emissions overspill stems from an unrealistic dependence on technology when the promise was first made in 2012. As the target date got closer, other … [Read more...]
The value of PPAs during economic turmoil
IEEFA says that the global economic slump being caused by the coronavirus pandemic can show how Power Purchase Agreements (PPAs) protect you against uncertainty. PPAs are long term contracts and prices agreed with energy suppliers. Renewable energy PPAs are one of the best ways big customers in the private sector can support the transition, guaranteeing suppliers income over the long term. Particularly for electricity-intensive sectors, renewable … [Read more...]
