COP26 climate summit in Glasgow postponed over coronavirus

COP26 climate summit in Glasgow postponed over coronavirus

A joint statement from the UK and the United Nations said “in light of the ongoing, worldwide effects of Covid-19, holding an ambitious, inclusive COP26 in November 2020 is no longer possible”.All nations were expected to put forward improved climate plans, five years on from the Paris agreement signed in December 2015 during COP21.

Gas is burning any hope of science-based climate policy for Australia

Gas is burning any hope of science-based climate policy for Australia

Let us be clear, gas will do nothing to decrease the carbon footprint in Asian countries nor will it help Australia reduce its domestic emission commitment to the Paris agreement.

UNSW pledges to divest from fossil fuels by 2025

UNSW pledges to divest from fossil fuels by 2025

The University of New South Wales has announced it will divest from fossil fuels by 2025, as part of its net zero emissions goal and in line with the Paris Agreement to limit global warming to 1.5°C.Environmental group said the commitment was delivered off the back of six years of student-led campaigning UNSW, and as the university – a world leader in solar PV research and development – shifts to zero carbon electricity by the end of this year.

The high price of greenwashing

The high price of greenwashing

Late last year, a group of investors with $6.5 trillion in assets under management asked 47 of the world’s biggest greenhouse gas emitters to align their climate efforts with the Paris Agreement’s climate goals.

The executive actions Democratic presidential hopefuls intend to use to fight climate change

The executive actions Democratic presidential hopefuls intend to use to fight climate change

[I] will use executive authority to ban fossil fuel extraction on public lands, effectively ban fracking and mountaintop removal coal mining, ban offshore drilling, ban imports and exports of all fossil fuels, end all new federal fossil fuel infrastructure permits, aggressively regulate greenhouse gas emissions, use regulations to help us decarbonize our transportation and energy sectors, rejoin and strengthen the Paris Climate Agreement, and place a fee on imported carbon pollution-intensive goods.

Australia has done little on emissions, and is not planning much in next decade

Australia has done little on emissions, and is not planning much in next decade

What we see in this record of emissions reduction efforts is that Australia essentially met its Paris Target doing no more than business as usual and that improvements anticipated between now and 2030 are either cost effective transitions – replacing aging coal-fired power stations with new renewable generators and adopting electric vehicles; or the natural evolution of technology – better buildings, better industrial processes, better machines.

RBS to stop funding major oil producers without a climate plan

RBS to stop funding major oil producers without a climate plan

“We plan a full phase-out from coal by 2030; also, to stop lending and underwriting to major oil and gas producers unless they have a credible transition plan aligned with the 2015 Paris Agreement in place by the end of 2021,” the bank said as new chief executive Alison Rose hopes to shake off the tarnished image it acquired during the financial crisis.

TechnipFMC braces Wall Street for $2.4bn write down in Q4

TechnipFMC braces Wall Street for $2.4bn write down in Q4

Headquartered in Paris with a large presence in Houston, TechnipFMC attributed the write down for the subsea assets to “reduced market capitalization” while the reduction in value for the company’s onshore assets is being attributed to a lower activity outlook for shale plays in the United States and Canada.For more from the Houston Chronicle click here.

Sephora is defying the retail apocalypse with 100 new store openings in 2020

Sephora is defying the retail apocalypse with 100 new store openings in 2020

And this year, Sephora is preparing for its biggest expansion ever, opening 100 new stores across North America throughout 2020, adding to its existing 490 stores in the region.Related: Sephora Is Experimenting With A Boutique Format To Prepare For The Retail Apocalypse.

Wind turbine blades can’t be recycled, so they’re piling up in landfills

Wind turbine blades can’t be recycled, so they’re piling up in landfills

“The wind turbine blade will be there, ultimately, forever,” said Bob Cappadona, chief operating officer for the North American unit of Paris-based Veolia Environnement SA, which is searching for better ways to deal with the massive waste.

Equinor, Shell part of new group preparing ocean renewables plan

Equinor, Shell part of new group preparing ocean renewables plan

Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.Stephen Bull, senior vice president for wind and low carbon at Equinor, said: “Collaboration between nations and companies is needed to accelerate the sustainable deployment of ocean renewable energy.

Declining renewable costs drive focus on energy storage

Declining renewable costs drive focus on energy storage

Peaking power plants, fueled by natural gas and switched on to help meet peak demand, run into cost comparisons against batteries capable of storing four hours of energy.

The ice we’ve lost to climate change this past decade, visualized

The ice we’ve lost to climate change this past decade, visualized

“In 2 degrees [Celsius] of warming, which is the target set in Paris, it’s likely that we’ll have ice-free summers pretty regularly under those conditions,” Meier said.

UN climate talks in Madrid ended without resolving their toughest issue

UN climate talks in Madrid ended without resolving their toughest issue

Almost 200 countries at the two-week United Nations meeting known as COP25 did approve a statement calling on them to do more to fight climate change by next year, when the next round of national commitments to curb greenhouse gas emissions under the Paris climate agreement are due.

European nations must ‘double’ renewable energy targets by 2030, report claims

European nations must ‘double’ renewable energy targets by 2030, report claims

European countries have been told to “double” their renewable energy targets by 2030 or risk not meeting the Paris Agreement, according to a report due out next week.“IRENA’s analysis shows that a pathway to a decarbonised economy is technologically possible and socially and economically beneficial.

Comparing Renewable Schemes: FIT vs. SEG

Comparing Renewable Schemes: FIT vs. SEG

Created in 2011, the feed in tariff program (FIT) facilitated the solar industry by providing subsidies for anyone who produced solar energy and more for those who exported it to the grid.

UN: The world has backed itself into a treacherous corner on climate change

UN: The world has backed itself into a treacherous corner on climate change

The UN’s climate science body, the Intergovernmental Panel on Climate Change , reported last year that limiting warming this century to 1.5 degrees Celsius, the more ambitious target in the Paris agreement, would require immediate, drastic changes to the global economy.

Australia may seek forgiveness, rather than permission, for Kyoto carryover

Australia may seek forgiveness, rather than permission, for Kyoto carryover

Australia may take an increasingly isolationist stance at international climate change talks in Madrid next month, as the Morrison Colaition government seeks to avoid other countries shutting down its plans to rely on surplus Kyoto units to meet its modest Paris targets.

IEA tells Australia it’s on wrong track on climate, more wind and solar needed

IEA tells Australia it’s on wrong track on climate, more wind and solar needed

If they are to meet the “Sustainable Development” scenarios where global temperatures are kept within the bounds aimed for in the Paris climate treaty, then governments need to do the virtual opposite of what they are doing now – and explicitly encourage investment in wind and solar, energy efficiency, demand management and electric transport.

France may yet pursue 100% renewable power strategy: minister

France may yet pursue 100% renewable power strategy: minister

PARIS (Reuters) - France has yet to decide whether to build new nuclear reactors and could yet pursue a long-term strategy of 100% renewable energy, Environment Minister Elisabeth Borne said on Monday.

The Paris climate agreement is at risk of falling apart in the 2020s

The Paris climate agreement is at risk of falling apart in the 2020s

That’s what international climate negotiators, working through the UN Framework Convention on Climate Change (UNFCCC), sought for decades and decades: a way to collectively bind the world’s countries to ambitious emission-reduction commitments.

Australia silent about climate talks that will discuss its “dodgy” credit plans

Australia silent about climate talks that will discuss its “dodgy” credit plans

There is much at stake for Australia at these talks, with the conference set to be the first step for countries to ramp up the strength of their emissions reduction targets, and could also decide the fate of “surplus credits” from the Kyoto protocol, a much criticised accounting trick that that the Morrison government wants to use to deliver its modest 2030 Paris target.

The United States has filed the official paperwork to withdraw from the Paris Climate Agreement

The United States has filed the official paperwork to withdraw from the Paris Climate Agreement

The US withdrawal from the Paris accord is also a blow to international efforts to fight climate change, an endeavor that requires effort from every country in the world to reduce greenhouse gas emissions.

Oil majors must cut production by one-third to meet Paris targets

Oil majors must cut production by one-third to meet Paris targets

The report also warns that other fossil fuel producers – especially those with undiversified portfolios – may need to make much deeper cuts to remain in line with the Paris Agreement.“If companies and governments attempt to develop all their oil and gas reserves, either the world will miss its climate targets or assets will become “stranded” in the energy transition, or both,” said Mike Coffin, Oil & Gas Analyst at Carbon Tracker and report author.

Most of world’s coal power stations must close by 2030 to meet Paris target

Most of world’s coal power stations must close by 2030 to meet Paris target

The research – led by a team from the Center for Global Sustainability based at the University of Maryland – found that to meet the Paris 2°C target, the global coal generation fleet would need to close when plants reach an operating age of 35 years, which contrasts to the Australian government assumption that all coal generators will last 50 years, if not more.

Origin grilled over NT fracking plans, insists on track for 1.5°C scenario

Origin grilled over NT fracking plans, insists on track for 1.5°C scenario

The Origin AGM considered a series of four contingent shareholder resolutions, addressing the company’s positions on energy transition planning, fracking, the Paris Agreement targets and the public health impacts of coal.

Nuclear energy too slow, too expensive to save climate: report

Nuclear energy too slow, too expensive to save climate: report

BUDAPEST/PARIS (Reuters) - Nuclear power is losing ground to renewables in terms of both cost and capacity as its reactors are increasingly seen as less economical and slower to reverse carbon emissions, an industry report said.

The right-wing populist wave is a threat to the climate

The right-wing populist wave is a threat to the climate

It’s a global issue that no one country can solve on its own; it requires collective action, negotiated through some forum like the Paris Climate Agreement.

How Electric Cars and Renewables Could Beat Oil

How Electric Cars and Renewables Could Beat Oil

A new report from one of the world’s biggest banks, BNP Paribas, says that solar and wind paired with electric cars provide up to seven times more useful energy for mobility than gasoline on a dollar-for-dollar basis.

In Paris, cars forced to make way for the two-wheel revolution

In Paris, cars forced to make way for the two-wheel revolution

Paris first introduced its Velib' shared bike scheme in 2007 And that's without mentioning other private mobility devices such as two-wheeled e-hoverboards or electric unicycles.