These Countries Are Leading the Transition to Sustainable Energy

The Energy Transition Index 2020 analyzes the energy sectors of 115 countries. Sweden tops the global rankings as the country most prepared to transition to clean energy. COVID-19 could threaten the rate at which economies adopt more sustainable power. Robust long-term policies are needed to guard against shocks such as …

Finland Approves 2029 Coal Ban For Energy Use

Finland has brought forward its coal phase-out date by one year, according to reports, with the new deadline set for May 1, 2029, after which coal will be banned from use as an energy source except in an emergency. Reuters reported last Friday that the Finnish Parliament approved on Wednesday …

Global Coal Generation ‘Plunging into Death Spiral’

Global coal generation is plunging into a ‘death spiral’. That’s the verdict from environmental think-tank Carbon Tracker, which has published a new report suggesting 42% of the world’s operating coal fleets are already unprofitable due to high fuel costs. It expects a combination of renewable energy costs, air pollution regulation …

Scaling Up Climate Action ‘Could Provide $26tn to Global Economy’

Scaling up climate action in line with the Paris Agreement would deliver a $26 trillion (£20tn) boost to the global economy by 2030. That’s according to the Global Commission on the Economy and Climate, which calls for nations to ramp up efforts on carbon pricing, move to mandatory disclosure of …

50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies

The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas emissions came from 50 companies working in fossil-fuel industries. (This statement was a reference to a previously published …

These Two Words Can Solve the Climate Crisis

If you want to see a solution to the climate crisis in your lifetime, they might be the two most important words you hear this year: carbon pricing. Sure, the crisis is a complex challenge with no one solution. But while carbon pricing may not be a silver bullet, it’s …