UNEP Start-Up Challenge Winners Show How Business Can Build Back Better From COVID-19

The 2020 winners of a UN Environment Programme (UNEP) start-up initiative are demonstrating business solutions that will help Asia build back better and greener after the COVID-19 pandemic. The nine entrepreneurs selected by the 2020 Asia-Pacific Low Carbon Lifestyles Challenge are advancing green businesses in the categories of low-carbon energy, …

Sweden Shutters Last Coal-Fired Generating Plant 2 Years Early

It’s good news when a nation makes plans to rid itself of electricity generated from burning coal. It’s even better news when it does so ahead of schedule. Swedish utility Stockholm Exergi announced some time ago it would shut down its KVV6 coal generating station in Hjorthagen in 2022. It …

Can Electricity Decarbonize the Energy Sector?

The energy sector currently accounts for two-thirds of global carbon emissions; Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization; As the demand to “electrify everything” grows, the carbon footprint associated with every step of the electricity generation process must be …

The Biggest Fall in Carbon Emissions Since WW2 Could Be Short-Lived

Experts warn that without structural change, emissions declines caused by coronavirus could be short-lived as economies get back to normal. * Emissions have to peak in 2020 to hit climate goals * Experts differ on likely impact of the coronavirus * Only lasting downward trend will curb climate change Carbon …

The Investment Case for Energy Transition in Africa

Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed at national and regional levels, 580 million Africans still do not have access to modern …

Trucks-to-Trains Swap Significantly Cuts Emissions in Volvo Cars Logistics Network

Volvo Cars is significantly cutting CO2 emissions in its logistics operations by switching transports between its manufacturing plants and new car depots from trucks to trains. Especially in Europe, where trucks are still ubiquitous in transporting new cars to distribution depots and dealerships in individual markets, the company is in …

Oil Price Volatility Will Give a Boost to Renewables

Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price of oil plunging to lows not seen in years. You …