Business

Cleantech investments need to soar

According to a report published in May by the International Energy Agency,  the clean energy investments needed to limit temperatures from warming to 2 degrees Celsius: an additional $44 trillion ( 32 trillion euros ) by 2050. This means spending an additional $1.2 trillion in cleantech ( like solar, wind, geothermal, bioenergy…. ) per year for the next 36 years

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Solar and wind are soaring in Australia

The energy transition is taking place in Australia. According to the local website, Renew Economy, that’s pretty much a certainty as no less than 4.4 billion US Dollars – 3.17 billion euros – were spent there in cleantech in 2013. The vast majority of these huge sums – around 2.8 billion USD – were invested in solar

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Footsie launches interesting tool for divestment

As the NRDC noted : ” The Natural Resources Defense Council, BlackRock and FTSE Group, the global index provider, partnered today in launching the first equity global index series that will exclude companies linked to carbon-based fossil fuel. “ ” The new investment tool will allow climate-conscious investors, including foundations, universities and certain pension groups, to match

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Worth an article : My February 2014 tweets

Here we go again : my selection of article-worthy tweets is here. Albeit I slightly increased my amount of articles published per week, I still haven’t enough time to write about all noteworthy news. Lucky for you all, Twitter is here. In today’s article you will find – just as every month – a selection

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Chinese coal consumption is slowing

This could be world-changing news. According to Xinhua, the Chinese State media agency : ” China’s coal consumption growth slowed in 2013, with the price of coal declining, according to the China National Coal Association “ Several factors are explaining this : old inefficient coal-fired plants are being closed and replaced by more efficient ones,

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Fossil fuel subsidies are as high as ever

To Desmogblog : ” The exact worth of massive global fossil fuel subsidies is incredibly hard to figure. There’s no real consistency in the definitions of subsidies, or how they should be calculated. “ ” As a result, estimates of global subsidy support for fossil fuels vary widely. According to a new analysis by the Worldwatch

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Worth an article : My January 2014 tweets

Here we go again : my selection of article-worthy tweets is here. Albeit I slightly increased my amount of articles published per week, I still haven’t enough time to write about all noteworthy news. Lucky for you all, Twitter is here. In today’s article you will find – just as every month – a selection

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India is building the world’s largest solar plant

According to Business Insider, India is building the world’s largest solar plant in the northwestern desert state of Rajasthan. The project is due to deliver 4,000 MW of capacity for a price of 280 billion rupee ($4.4 billion, 3.2 billion euros). Current installed capacity in India is at 2,000 MW. By 2022, 22 GW, or eleven times

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Cleantech investments decreased again in 2013

I had noted last year that cleantech investments had decreased from their peak of  $317.9 billion in 2011 to reach $286.2 billion in 2012. 2013 was an even worse year as total investments reached only $254 billion. To Bloomberg New Energy Finance : ” The reduced volume of investment in 2013 reflected two influences, a continued sharp

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