Last week the Brazilian Senate ratified the Paris Agreement, making it one step closer to make this major climate change mitigation effort a reality. Brazil is the sixth world biggest carbon emitter and the biggest to ratify to date.
According to two recent studies, 2015 was yet another record year for renewable energy sources as no less than $285.9 billion (256 billion euros) have been invested in that sector last year.
The drought that is affecting Brazil so much is also undermining Uruguay and its large dependance on hydro energy ( 74 percent of local electricity ). The current alternative to hydro is oil. So the country will invest $2.6 billion ( 2.3 billion euros ) in wind energy in the next couple of years.
And these are huge steps in the right direction for both renewable energy and afforestation. This bode well for the upcoming IPCC climate talks that will take place late this year in Paris.
Currently in Lima, Peru, is taking place the 20th Conference of the Parties. It is an important event as the talks on our future climate are taking place there. In margin of these, the host country made some announcements.
The most important paper of the year on energy is out as the International Energy Agency published its landmark World Energy Outlook report.
There are still over a billion and half people without electricity. What if developping nations of Asia, Latin America and Africa went directly from ” no reliable electricity ” to “ electricity from renewables only ” ?
It seems taxing carbon is becoming a really popular idea as Chile is the latest to consider it as Reuters reported recently. The country would be the first to do so in South America and the second in Latin America after Mexico. As Climate Progress reports, this tax would concern only utilities and thermal plants …
While I write mostly about the United States, Europe or China, a lot is happening in other regions of the world. An example of this is the growth of renewable energy sources in Latin America. Lately, I have come across a few large projects in this region. In Chile, a 300 MW solar project worth …
According to El Pais, Nicaragua and its six million inhabitants could get 90 % of its electricity from renewables by 2020. To date, the country is already getting 58 percent of its electricity from clean sources. Enjoying huge amounts of sun and wind it could also benefit from large reserves of geothermal energy. Indeed, if …
Nicaragua develops its renewable energy potential Read More »
