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New net-zero pledges from China, US, EU and others can meet our climate goals, says UNEP. But…

January 8, 2021 by Zeke Hausfather

Existing national commitments imply that today’s emissions will simply plateau, remaining only slightly below 2019 levels by 2030. However, according to the latest UN Environment Programme (UNEP) emissions gap report, the new commitments from China, the EU, Japan, South Korea, the UK, Joe Biden’s US and others are “broadly consistent” with the Paris Agreement’s 1.5C goal for 2050. But commitments aren’t policy, warns UNEP, and only real change … [Read more...]

Filed Under: Energy, Energy Outlooks, Policies Tagged With: CCS, China, emissions, EU, G20, Japan, NDC, Paris2050, SKorea, transport, UK, UNEP, US

Analysis shows Wind and Solar costs will continue to fall dramatically throughout the 2020s

November 6, 2020 by Michael Taylor

Michael Taylor at IRENA has summarised its latest studies that show how the cost of renewables are set to continue declining dramatically through to 2030. We all know how those costs declined in the last ten years. Going forward, the weighted average cost of electricity in the G20 countries from offshore wind could fall by almost 50% by 2030 from 2019 levels, onshore wind by around 45%, utility-scale solar PV by up to 55% and concentrated solar … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, CSP, G20, innovation, OffshoreWind, OnshoreWind, solar, wind

$7.87tn: the global green economy, by region, revenue, jobs, productivity

October 22, 2019 by Lucien Georgeson and Mark Maslin

Economic data on the green economy in many countries can be difficult to come by. But it’s vitally important when convincing taxpayers that the investment is creating real turnover and real jobs. So Lucien Georgeson and Mark Maslin at UCL analysed massive databases to estimate global and country-by-country sales revenue and employment figures across 24 economic sub-sectors covering renewable energy, environmental protection, and low carbon goods … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, CleanEnergy, G20, GreenNewDeal, jobs, LowCarbon, OECD, renewables, US

Most read this week

  • Germany’s proposed de facto ban on new fossil boilers from 2024 meets fierce resistance by Sören Amelang | posted on June 2, 2023
  • Perovskite: abundant, cheap, printable solar cells demonstrated, ready to generate power by David Beynon | posted on May 31, 2023
  • Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year by Dolf Gielen | posted on May 26, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Decarbonising Shipping: “book and claim” pilot uses clean fuel tokens that move from cargo through to fuel producers by Aparajit Pandey | posted on June 1, 2023
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions by Cy McGeady | posted on May 30, 2023
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Making Hydrogen direct from seawater using double-membrane electrolysis by David Krause | posted on May 24, 2023
  • Enhanced Weathering: crushed rocks spread on farmland can capture billions of tons of CO2/year by Benjamin Houlton | posted on July 21, 2020
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear by Sam Butler-Sloss | posted on May 25, 2023
  • Community Batteries: when they’re the best option for overcoming grid constraints. And when they’re not by Bjorn Sturmberg | posted on June 5, 2023
  • Blending Hydrogen into the gas network: the challenges of pipeline fractures, faster flow rate + more by NREL | posted on March 10, 2023

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  • IEA report: global manufacturing capacity is expanding rapidly for solar, wind, batteries, electrolysers, heat pumps
  • Community Batteries: when they’re the best option for overcoming grid constraints. And when they’re not
  • Germany’s proposed de facto ban on new fossil boilers from 2024 meets fierce resistance
  • Decarbonising Shipping: “book and claim” pilot uses clean fuel tokens that move from cargo through to fuel producers
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      Recent Posts

      IEA report: global manufacturing capacity is expanding rapidly for solar, wind, batteries, electrolysers, heat pumps

      Community Batteries: when they’re the best option for overcoming grid constraints. And when they’re not

      Germany’s proposed de facto ban on new fossil boilers from 2024 meets fierce resistance

      Decarbonising Shipping: “book and claim” pilot uses clean fuel tokens that move from cargo through to fuel producers

      Perovskite: abundant, cheap, printable solar cells demonstrated, ready to generate power

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