Energy & Climate: News and Facts Review

SUSTAINABLE & CLEAN ENERGY | ENERGY EFFICIENCY | LOW CARBON DEVELOPMENT | CLIMATE CHANGE | ___________ TECHNOLOGY | POLICY | INVESTMENT

Thursday, March 7, 2024

Heat pumps will play crucial role in CO2 reduction in buildings

According to International Energy Agency (IEA), heat pumps may reduce global hashtagCO2 emissions by 500 Mt by 2030 , or around 40% of total direct and indirect emissions reductions in space and water hashtagheating in buildings.

Wednesday, December 20, 2023

Battery EV is much more efficient than hydrogen fuel cell car

 Battery EV is  3.3 times more efficient comparing with hydrogen fuel cell vehicle and 5.6 times more efficient than conventional internal combustion vehicles  if hashtag renewable electricity is primary energy source.


Monday, November 20, 2023

UNFCCC's COP 28: main outcomes and failures

 The 28th  conference under the United Nations Framework Convention on Climate Change (UNFCCC) came at a critical moment in time, with 2023 set to be the warmest year on record and the impacts of climate change rapidly accelerating. International climate change negotiations at the COP28 conference in Dubai concluded on 13 December 2023.



Below are the main outcomes and failures of the COP 28:

Saturday, October 7, 2023

Over 97% of recent car sales in Norway are electric and hybrid vehicles

Plugin EVs reached a record 87% share of auto market in September, PHEVs (plugin hybrids) are adding another 6.0%, and the share of hybrid vehicles is 4.3%.



Thursday, September 21, 2023

EU countries lead the way to decarbonization and decoupling of economic growth and carbon emissions

 Czech Republic, Finland, Germany, Netherlands, and Sweden are among those EU countries who achieved the success in growing their economies and, at the same time, reducing CO2 emissions during last 30 years.



Wednesday, August 30, 2023

Solar and Wind Power Experienced Impressive Cost Reduction between 2010 and 2022

The global weighted-average Levelized Cost of Electricity (LCOE) of newly commissioned utility-scale solar PV projects declined from USD  0.445/kWh to USD 0.049/kWh between 2010 and 2022 – a decrease of 89%. 
At the same time the cost of electricity generated by power plants burning fossil fuels stayed in the range USD  0.080/kWh to USD 0.240/kWh
 

Thursday, July 27, 2023

The Government of Canada announced about phasing out inefficient fossil fuel subsidies


 

The Government of Canada will not provide fossil fuel subsidies unless they meet one or more of the following criteria:

- Enable significant net GHG emissions reductions in Canada or internationally in alignment with Article 6 of the Paris Agreement.

- Support clean energy, clean technology, or renewable energy.

Monday, March 27, 2023

IPCC about potential climate change adaptation and mitigation options

In its Sixth Assessment Report (AR6), IPCC integrates the contributions and findings of the three Working Groups. Compared with previous IPCC assessments, there is a greater focus on problem solutions, more regional information, and more integration across Working Groups. IPCC's AR6 states that world needs fast transitions across all sectors and systems to achieve deep and sustained emissions reductions and secure sustainable future for all.

Monday, January 16, 2023

The cost-of-living crisis and climate-related risks are the biggest future threats facing the world

The World Economic Forum asked 1,200 experts under its annual Global Risks Perception Survey to rank the most severe short- and long-term risks, and they identified the cost-of-living crisis as the most severe immediate risk but saw the failure to mitigate the climate crisis as the biggest risk 10 years from now.


Saturday, December 31, 2022

The agreement on the EU Emissions Trading System and the Social Climate Fund

 The European Council and the European Parliament reached a provisional political agreement on legislative proposals of the ‘Fit for 55’ package that will allow the EU to reduce its net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and to achieve climate neutrality in 2050 while making sure the most vulnerable citizens and micro-enterprises are effectively supported in the climate transition.



The Council and Parliament agreed to increase the overall ambition of emissions reductions by 2030 in the sectors covered by the EU ETS to 62%.