A new study has concluded that fossil fuels consumption is likely to grow unless an adequate price is placed on carbon dioxide emissions. The new study, Will We Ever Stop Using Fossil Fuels, published in the Journal of Economic Perspectives, finds that fossil fuel consumption is likely to continue to increase … [continued]
One of the world’s seven “supermajor” oil and gas companies, BP, has released its annual Energy Outlook, claiming fossil fuels will remain a dominant source of energy throughout the next two decades. In response, everyone else disagrees. Fossil Fuel Optimism The BP Energy Outlook is the company’s annual analysis of … [continued]
The dust hasn’t even settled on the New Hampshire primary, and Eversource Energy is once again feeling the bern. The Economic Times reports that the behemoth New England utility is being blasted by a US Senator (no, not that Senator) for outsourcing IT jobs in Connecticut and Massachusetts to nonimmigrant … [continued]
Originally published on RMI Outlet. By Laurie Guevara-Stone In the United States, school buildings are the third biggest energy user of all commercial building types, not only producing a lot of emissions but also costing a lot of money. Each year, K-12 schools spend $8 billion on energy—more than they … [continued]
New figures from the Global Wind Energy Council show that China helped push global wind installations past 63 GW in 2015. In its release of global wind statistics for 2015, the Global Wind Energy Council (GWEC) highlighted the “astonishing” 30.5 GW of new wind capacity installed in China in 2015, … [continued]
The opinion of some that the balance of the global green bonds market is set to shift towards the developing and emerging markets has received a huge boost with two Chinese banks raising billions in fresh issues. The China Industrial Bank and Shanghai Pudong Development Bank recently raised a total … [continued]
Global rating agency Moody’s is predicting another record year for green bonds issuance in 2016. Green bonds worth $50 billion are expected to be issued in 2016, Moody’s Investors Service recently stated. The ratings agency expects that the recent upswing in green bond issuance to continue into the next year as … [continued]
Originally published on Sustainnovate. By Henry Lindon China now represents the largest market for solar photovoltaic (PV) technology in the world — with a total installed capacity of 43.2 gigawatts (GW) — according to the latest statistics from the National Energy Administration (NEA). The new statistics echo those released by … [continued]
Originally published on RenewEconomy by Sophie Vorrath Last week, a senior energy analyst at the Union of Concerned Scientists wondered whether the reality of the clean energy transition had finally dawned on the American coal mining industry. His question was prompted by events in the US; but a look at … [continued]
Originally published on Sustainnovate. By Henry Lindon Chinese wind energy installations rose to record highs in 2015, with 30.5 gigawatts (GW) of new project capacity installed during the year, according to recent reports. The country also appears to have surpassed its old record for new solar energy installations in a … [continued]
