A new report by the Carbon Tracker Initiative has concluded that the fossil fuel industry’s business as usual scenarios will not last for much longer. Specifically, according to the Carbon Tracker Initiative (CTI), “Rapid advances in technology, increasingly cheap renewable energy, slower economic growth, and lower than expected population rise could all … [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]
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]
