As an outcome of the G20 meeting held in China earlier this month, both China and the United States volunteered to publish peer reviews of their current fossil fuel subsidies, and the results show that, together, the two countries are annually providing over $20 billion in inefficient fossil fuel subsidies. … [continued]
Originally published on RenewEconomy. The G20 meeting in China may have been notable for the decision by both China and the US – the two biggest carbon emitters on the planet – to ratify the Paris climate treaty, an initiative that will almost certainly see the deal come into force … [continued]
Three major insurers with more than $1.2 trillion in assets under management have urged G20 governments to commit to phasing out fossil fuel subsidies. In a joint statement published by the Overseas Development Institute (ODI), major insurance companies Aviva, Aegon NV, and MS Amlin have urged governments to commit to phasing … [continued]
G20 countries must ratify the Paris/COP21 climate agreement soon to ensure strong climate policy is guaranteed, and to attract more renewable energy investment, according to a consortium of international institutional investors. The Institutional Investors Group on Climate Change (IIGCC), a group of 130 institutions which support $13 trillion worth of investment, urged … [continued]
In Beijing, senior US and Chinese officials worked extra late Tuesday night to finalize a joint ratification of last December’s landmark Paris Agreement on climate action. On September 4, the summit meeting of the Group of Twenty major economies begins in Hangzhou, Zhejiang province, China. There President Xi Jinping and … [continued]
By Meteor Blades A study commissioned by the Financial Times shows that the planet’s 20 largest national economies generated 8% of their electricity from renewable energy — solar, wind, and other green power sources — in 2015, up from 4.6% in 2010. (This does not include hydropower.) There are huge differences … [continued]
For the past few decades, the simple message “no time to lose” has fallen on deaf ears, leaving many of us pushing for climate action feeling like Eric Idle in the homonymous Monty Python skit, in which he goes out of his way to help Michael Palin utter the four … [continued]
Editorial note: If, like many Brazilians, you were on holidays for most of January, you might have missed two important international summits of relevance for climate and energy. Luckily for you, CleanTechnica was there to cover them while you were out and about on your first full-electric road trip (or whatever … [continued]
Editorial note: If, like many Brazilians, you were on holidays for most of January, you might have missed two important international summits of relevance for climate and energy. Luckily for you, CleanTechnica was there to cover them while you were out and about on your first full-electric road trip (or whatever … [continued]
A new report has concluded that members of the G20 are providing $452 billion per year on fossil fuel production subsidies. Despite numerous pledges to minimize or cut fossil fuel subsidies entirely, and amid tremendous international and public pressure, member nations of the G20 major economies are doing all they … [continued]
