The most important paper of the year on energy is out as the International Energy Agency published its landmark World Energy Outlook report.
For the past few months I have been worrying about Australia‘s burgeoining cleantech industry as the new government seems hell-bent on preserving coal, even if it has to cost 20,000 jobs.
It seems Morocco has done a lot in its own energy transition. As RTCC reported the country should be held up as a ‘poster child’ for effective green policymaking according to the World Bank’s top climate official, Rachel Kyte. This occurs as the country has recently cut its fossil fuels subsidies because the government could afford… Continue reading Morocco goes forward on cleantech
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… Continue reading Cleantech investments need to soar
You must know if if you have been reading this blog : albeit it is not as ” sexy “ as renewables, energy efficiency is simply a must as we embark our societies and economies on a journey towards sustainability. Here is further proof as Cleantechnica notes : ” Energy efficiency retrofits (…) created a… Continue reading Energy efficiency brings huge returns on investment
According to the New York Times and Reuters, more than a dozen large foundations representing more than $2 billion (around 1.48 billion euros) in assets will stop investing in fossil fuels, just as the World Bank and the United Nations advise. To Reuters : ” The Divest-Invest Philanthropy coalition includes foundations, such as the Park… Continue reading Divestment reaches large investors
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… Continue reading Cleantech investments decreased again in 2013