World Council for Renewable Energy
#EnergyRevolutionNow
World Council for Renewable Energy
#EnergyRevolutionNow
8.7 million people died in 2018 due to fossil fuel emissions. 20% of all global deaths can be attributed to air pollution. The study by Harvard University, the University of Birmingham, the University of Leicester and University College London shows that industrialized nations around the globe are feeling the dramatic consequences of the fossil fuel industry. Oliver Milman reports on the incredible death toll from burning fossil fuels and many other dire consequences in the Guardian.
Environmentalists and oil and gas producers' labor unions were both supporters of Biden's campaign. But to get to net-zero carbon emissions, the president is making decisions against the labor unions. Biden already canceled the Keystone XL crude oil pipeline permit. Read the full article at aljazeera.
Solar is booming not only in the financial market, but loans for solar systems are also fueling the U.S. market. Solar stocks are generating good revenue, even in times of Corona, Wall Street figures show. Loanpal, the leading U.S. lender for residential solar, generated about $361 million in revenue in 2020, according to CNBC.
UK's number one energy source is no longer gas and coal. As analyzed by the think tank Ember, renewables had the largest share of the island's energy mix in the entire 2020 annual average, largely due to the expansion of offshore wind. Read more of Jillian Ambrose's report in The Guardian.
The oil and gas industry is investing more and more in renewables. This is the conclusion of a new study by DNV GL. The figures make clear even the fossil energy industry can no longer escape the signs of the times and decarbonization. Even with returns still expected, corporations are moving toward renewables in the hope of even higher profits. Read the article by Sarah Smith on Energy Global.