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By Gavin Maguire LITTLETON, Colorado, May 28 (Reuters) – U.S. President Donald Trump’s sweeping tax and spending bill calls for drastic cuts to clean energy tax credits that have been major drivers of the boom seen in utility-scale renewable power and battery capacity over the past three years or so. The bill was passed by …
COMMENTARY: Key US Clean Energy Charts That Track Trump’s Tax Bill Impact Read More »
U.S. Energy Secretary Chris Wright on Monday called a pledge to achieve net zero carbon emissions by 2050 a “sinister goal”, and criticized the British government’s attempts to hit clean energy targets. Former President Joe Biden set a target in 2021 for the United States to achieve net-zero emissions by 2050 to help fight climate …
US Energy Secretary Attacks ‘Sinister’ Net Zero Goals, Singling Out Britain Read More »
(Reuters) – The U.S. Department of Energy will prioritize expanding energy production over achieving net-zero greenhouse gas emissions, according to an order issued on Wednesday by Energy Secretary Chris Wright. The secretarial order is meant to align the department with priorities outlined by President Donald Trump, who has called climate change a hoax and has …
US Energy Secretary Derides Net-Zero Policies in New Order Read More »
Banks say their first priority is delivering financial returns for clients—and that means energy-transition investments need to be profitable. Ever since a short clause in the 2015 Paris Agreement called for private funding to support a reduction in global greenhouse gas emissions, the role of the finance sector in delivering climate action has been subject to increasing …
(Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping industry’s effort to reduce its climate impact. But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last week, there was nowhere in the …
Maersk Says Ocean Shipping’s Zero-Emissions Push Needs Government Support Read More »
Overcoming multiple bottlenecks will be essential for scaling up key technologies required to reduce GHG emissions and address the adverse consequences of climate change. The technologies that must be scaled up and reduced in cost are: Geothermal, nuclear, solar and wind electricity generation. Batteries and hydro storage to increase the effective production of intermittent electricity …
In the long debate over climate change, there have been two broad rivers of thought. The dominant stream of thought held by governments, NGOs and the United Nations is that the “solution” to climate change lies in radical curtailment of greenhouse gas (GHG) emissions at any cost. The current fixation is to bring global GHG …
