China’s industry ministry on Friday unveiled a five-year plan aimed at the green development of its industrial sectors, vowing to lower carbon emissions and pollutants and to promote emerging industries so as to meet a carbon peak commitment by 2030.

The world’s top greenhouse gas emitter is aiming to bring its carbon emissions to a peak by 2030 and become “carbon-neutral” by 2060. The Ministry of Industry and Information Technology (MIIT) reiterated the targets of cutting carbon dioxide emissions by 18%, and energy intensity by 13.5%, by 2025, according to the plan which covers the period between 2021 and 2025.

China Releases Five-Year Green Development Plan for Industrial Sectors | Devamı>>>

You may count me among those who want to see society move beyond fossil fuels. We all know there are negative consequences associated with fossil fuel usage, such as the emission of carbon dioxide and various other pollutants.

However, fossil fuel replacements come with their own risks and trade-offs, and it is important to understand and weigh these trade-offs as we transition from fossil fuels.

The Inherent Risks In President Biden’s Energy Plan | Devamı>>>

The combined emissions of the richest 1% of the global population account for more than twice the share of the poorest 50%.

That’s according to the Emissions Gap Report by UN Environment Programme (UNEP), which suggests the richest 1% will need to reduce their current emissions by at least a factor of 30 to help the planet meet the 1.5°C goal of the Paris Agreement.

The Richest 1% Will Need to Reduce Their Current Emissions! | Devamı>>>

Our world has reached a point where society recognizes the planet is under stress, with energy and technology sectors at the forefront of this reckoning. Microsoft, in association with PwC, revealed the urgency of the challenges currently facing our planet, reporting that 91% of people don’t live in standard air quality-controlled areas, 60% of biodiversity has been lost since 1970, and greenhouse gases are at their highest levels in 3 million years.

To get ahead of these challenges, we must reduce carbon footprints.

The Role Of ‘AI’ In Carbon Reduction And Increased Efficiency For Energy | Devamı>>>

Prime Minister Yoshihide Suga is set to bind Japan to a target for carbon neutrality by 2050, a shift in stance that will bring the country in line with the European Union and more than 60 other nations in efforts to combat climate change.

The new target will be announced by Suga when he makes his first address to parliament on Monday, after taking office last month, the Nikkei reported earlier this week.

Japan previously said it would aim to reduce emissions by 80% by 2050 and achieve net-zero emissions sometime in the latter half of the century.

Japan Set to Target Zero Emissions by 2050 in Policy Shift | Devamı>>>

Spending on oil and gas has fallen much more than investment in renewables, according to International Energy Agency.

The world’s transition to cleaner sources of energy is gaining speed as the coronavirus pandemic accelerates a shift in investment away from fossil fuels, according to the International Energy Agency.

Capital spending on energy this year is set to plunge by 18%, as global energy demand is expected to fall by 5% in 2020, a pullback not seen since World War II, the Paris-based agency said in its annual report on the future of the industry.

Coronavirus Pandemic Speeds Shift to Cleaner Energy | Devamı>>>

China continues to lead the world in additions of new wind and PV capacity, even though in the past 18 months these installations have slowed. In 2018, China added a combined 66 GW of wind and solar
(20 GW of wind and a record 44 GW of solar PV), and this declined to 56 GW in 2019.

The winding-down of renewable energy feed-in tariffs (FITs) is the main factor. Rapid cost declines in
wind and solar PV had led to cycles of boom and bust in the sector, as policy-makers struggled to adjust
feed-in tariffs quickly enough to prevent overheating the market.

Current Direction for Renewable Energy in China | Devamı>>>

The European Commission on Wednesday unveiled a strategy to scale up renewable hydrogen projects across polluting sectors from chemicals to steel and push for clean fuels and energy efficiency to meet the EU’s net-zero emissions goal by 2050.

European industry and refineries already use around 8 million tonnes of hydrogen each year, but most of this is “grey” hydrogen, a version made from natural gas in a process that produces planet-warming emissions.

Green Hydrogen Use For Decarbonisation Focus on Energy Efficiency | Devamı>>>

The new BP Statistical Review of World Energy was published this week. It’s worth a look:  a treasure trove of energy data, published annually since 1952. (Full disclosure:  I led the production of the Review for a dozen years…)

The Review has comprehensive global coverage of every energy form as well as key minerals—demand, supply, trade, prices. The focus of the Review this year is, rightly, global energy demand and CO2 emissions—both of which increased last year, albeit at below-average rates.

Shock Finding: China Is The World’s Biggest Energy Producer | Devamı>>>

The dramatic slowdown across Europe due to Coronavirus lockdowns has caused electricity demand to plumet by one-tenth in the first three months of 2020 – the biggest drop in demand since the Second World War.

This has caused power generation across the continent to fall. But in a potentially positive sign for Europe’s energy transition, fossil fuel generation is falling far more than renewable power.

According to an analysis by the Wärtsilä Energy Transition Lab, coal-based power generation has fallen by over a quarter (25.5%) across the European Union and United Kingdom in the first three months of 2020 compared to 2019.

Renewable Energy Way Up During COVID19 Shutdowns | Devamı>>>

The U.K. should eliminate almost all greenhouse gas emissions by 2050 by rapidly adopting policies that will change everything from the way people heat their homes to what they eat, an independent committee that advises the British government on climate change recommended Thursday. A report from the Committee on Climate Change said the government must adopt ambitious goals if it wants to be a leader in the fight against global warming and limit the impact of climate change.

UK Climate Panel Sets Big Goals: Less Meat, Electric Cars | Devamı>>>