Word is out that Taiwan has attracted $60 billion in foreign capital commitments to renewable-energy projects, adding to the fast-gathering momentum around the electricity sector transition taking deep root across Asia. Tim Buckley takes a look at the impact on coal.
The results are in, courtesy of the Fossil Fuel Finance Report Card, on how the world’s biggest private banks are tooling up (or not) to tackle climate change. While there are clear signs of improvement in many of the banks’ policy coverage, most notably on coal, overall the picture remains bleak and highly concerning. Yann Louvel and Greig Aitken dig into the numbers.
Over the long weekend of April 30 to May 1 (International Labor Day), low power demand joined forces with strong wind and solar power production. As a result, coal power in Germany hit a record low. But by focusing on coal, we might be missing the big story: the country’s nuclear fleet may have ramped more than any in history.
The Polish government does not agree with the new reform of the CO2 emission allowances system. This position is motivated by a desire to maintain the status quo within the coal industry and serves to help realize domestic political goals. Michał Olszewski explains.
A recent study contracted by the German Greens finds that Germany stands little chance of reaching its 40 percent target for carbon emission reductions by 2020. But if you think coal power is the big issue, you might be surprised to hear what Craig Morris has to say.
The majority of Kosovo’s energy comes from lignite, and a new plant is being planned (despite potential problems with the European Union). Communities must invest in renewables, which can help revitalize local economies, increase democratic participation, and improve the environment. Jasminka Young explains.
Last week, the EU announced new plans for its Emissions Trading Scheme (ETS). Climate experts point out that the changes still fall short of the Paris Agreement. German renewables association BEE has therefore proposed a carbon tax, but critics of the plan say it would only weaken the ETS further. Craig Morris takes an in-depth look.
The energy transition is not effective unless it can be a just transition, which provides for its communities. Nora Löhle explores how some German communities have worked together to keep jobs and pride in their area after coal is phased out.
Coal supporters are pushing a bill that would bar utilities from using the state’s abundant wind power to provide electricity within the state. While many U.S. states have mandates and incentives to get more of their electricity from renewable energy, Republican legislators in Wyoming are proposing to cut the state off from its most abundant, clean resource—wind—and ensuring its continued dependence on coal. Zahra Hirji of InsideClimate News has the details.