A five-year delay to decarbonization efforts could see global average temperatures rising to 3 degrees Celsius above pre-industrial levels and result in a 55% fall in global average spending, a report by consultancy Wood Mackenzie showed.The impact of a five-year delay to a move to low-carbon energy sources could result annual average spending to fall to $1.7 trillion, 55% lower than what Wood Mackenzie estimates is needed to reach net zero emissions by 2050.
At UN climate talks last year, countries agreed to begin reducing global consumption of fossil fuels so as to achieve net zero emissions by 2050. They had already agreed to keep global warming to within 1.5C above pre-industrial temperatures.
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Clean Energy Alliance Provides Renewable Energy Options to San Diego CustomersThe Clean Energy Alliance (CEA) is offering renewable and greenhouse gas-free energy options to customers in the San Diego region. Customers will still receive their bills from San Diego Gas & Electric (SDG&E), but CEA will handle the energy procurement. Each city within the alliance has decided that their residents should have 75% clean energy by default.
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Fact-Based Energy Policy: America's Path to Affordable and Reliable EnergyThis article discusses the importance of fact-based energy policy and the progress America is making towards affordable and reliable energy. It also addresses the criticism of subsidies and the misconception of an energy crisis.
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A hydrocarbon molecule as supplier and energy storage solution for solar energyUntil now, the generation and storage of electricity from solar energy has been dependent on various devices, leading to conversion losses. That may change soon, as chemists at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) and other research institutes in Germany, Australia, the United Kingdom, Italy, Sweden and the U.S.
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