Renewable Energy Economics to Bring Disruption in 2020s.

Related Fitch Ratings Content: ESG in Credit – Energy and Fuel Management Issues

Energy
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Analysts' inaccurate cost estimates are creating a trillion-dollar bubble in conventional energy assets.

The following is a contributed article by Tony Seba and Adam Dorr, founder and research fellow, respectively, at RethinkX.

Energy
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Climate crisis has shifted the Earth’s axis, study shows.

Massive melting of glaciers has tilted the planet’s rotation, showing the impact of human activities

Climate Environment
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Climate change: 2020 was the warmest year on record in Europe, study finds.

The continent's annual temperature was warmer than the next five warmest years, which were all also in the last decade. 2020 was the warmest year on record in Europe, a major climate study has found.

Climate
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Copernicus: 2020 warmest year on record for Europe; globally, 2020 ties with 2016 for warmest year recorded

  Latest data released by the Copernicus Climate Change Service show that globally 2020 was on par with the warmest year ever recorded, marking the end of the warmest decade on record, while CO2 concentrations continue to rise.

Climate
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The new economy requires mechanically-minded, hard working people. Coal communities can lead the way.

Coalfield Development's Jacob Israel Hannah (Conservation Coordinator) and Brandon Dennison (CEO), talked to us about the Appalachian region's (U.S.) transition away from coal and their bottom-up approach to rebuilding and reimagining the regional economy.  

Energy
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MIGA issues guarantees of up to $37.1m to AIIF3 in aid of clean power

The World Bank Group’s MIGA has issued guarantees of up to $37.1 million to the African Infrastructure Investment Fund 3 (AIIF3) to cover the fund’s equity and quasi-equity/shareholder loan investments in Bboxx’s central and east African subsidiaries.

Energy
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Climate change could cost global economy $23T by 2050.

Climate change's toll on agriculture, disease and physical infrastructure, as well as redirected government spending, among other issues, could cause the global economy to lose $23 trillion, 10 percent of its value, by 2050, according to a 

Climate
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EU spells out criteria for green investment in new ‘taxonomy’ rules.

The European Commission on Wednesday (21 April) unveiled a first batch of implementing rules under the EU’s sustainable finance taxonomy, spelling out detailed technical criteria that companies need to comply with in order to win a green investment label in Europe.

Energy Climate
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The Green Brief: Europe’s green finance taxonomy wars, part 3.

Greetings and welcome to EURACTIV’s Green Brief. Below you’ll find the latest roundup of news covering energy & environment from across Europe. You can subscribe to the weekly newsletter here.

Energy
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Breakthrough as EU negotiators clinch deal on European climate law.

European Union negotiators reached a deal on the European Climate Law after 14 hours of talks on Wednesday (21 April), allowing the EU to go into this week’s US-hosted climate summit with an agreement on the bloc’s 2030 target.

Energy
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South Korea pledges end to state financing of coal-fired plants

South Korea will halt state-backed financing of coal-fired power plants overseas and also plans to strengthen its emissions reduction commitment under the Paris agreement.

Energy
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Brazilian miner acquires Mozambique coal mine as part of exit strategy.

Vale SA (NYSE : VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon neutral by 2050.

Energy
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Dutch firm wins contract to develop $1.2bn gas-fired IPP in Uzbekistan

Uzbekistan’s Ministry of Energy has awarded a contract to Dutch energy company Stone City Energy a contract to develop a 1.56GW thermal power plant in the Surkhandarya region of Uzbekistan

Energy
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IEA forecasts 5 per cent rise in global CO2 emissions in 2021.

The International Energy Agency (IEA) has forecasted that global CO2 emissions will rise by 5 per cent in 2021   The International Energy Agency (IEA) has forecasted that global CO2 emissions will rise by 5 per cent in 2021.

Energy Climate
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M&S faces backlash over plan to release 30m honeybees.

High street chain’s farm project could put pressure on wild pollinators, warn conservationists.

Environment
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Carbon emissions to soar in 2021 by second highest rate in history.

Global economies forecast to pour stimulus money into fossil fuels as part of Covid recovery

Energy
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State to save Kenya Power from KenGen direct sales.

Loss-making Kenya Power got a huge reprieve after the Ministry of Energy announced it will restrict Kenya Electricity Generating Company  KenGen) plans to sell power directly to consumers.

Energy
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Innovation: Burkina Faso is at the forefront of micro-irrigation.

Burkina Faso intends to be a pioneer in the development of micro-irrigation. This agricultural method aims to bring water to the foot of the plant, which is usually drip-fed, through a surface or underground distribution network, avoiding evaporation as much as possible.

Energy
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How can we store renewable energy? 4 technologies that can help.

Europe and China are leading the installation of new pumped storage capacity – fuelled by the motion of water. Batteries are now being built at grid-scale in countries including the US, Australia and Germany. Thermal energy storage is predicted to triple in size by 2030

Energy
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