Originally published on RenewEconomy by Sophie Vorrath Fossil fuel companies should be factoring in the risk of a climate change-driven ‘black swan event’ – such as the sudden and complete transformation of the global energy market, or a decision to cap global emissions – as part of their basic business strategy, … [continued]
The London-based Carbon Tracker Initiative paints a bleak picture for the US coal industry and its investors in a recent report, which finds the market for thermal coal is in a “structural decline” in the United States, “squeezed out by an abundance of cheap shale gas and ever tightening pollution … [continued]
New figures released by GlobalData predict that the global cumulative installed capacity of solar PV modules will more than treble by 2020. The company’s latest report, Solar PV Module Value Chain – Market Size, Average Price, Market Share and Key Country Analysis to 2020, states that emerging economies in the … [continued]
Coal is “essential to meet the scale of Africa’s desperate need for electricity,” says Peabody Energy, the world’s biggest publicly traded coal company. However, a new analysis published by the Carbon Tracker Initiative (CTI) challenges these claims, finding instead that the falling costs of renewable power is the way out … [continued]
Originally Published on the ECOreport Business as usual is no longer a viable option for the fossil fuel industry. At the present rate of consumption, the world is heading towards a 6°C rise in global temperatures. Fossil fuel companies are exposing their investors to financial and climate risk. These were … [continued]
