HEAVY RELIANCE on imported fossil fuels, high financing costs and uncompetitive market structures have contributed to make electricity prices in the Philippines among the highest in Southeast Asia, according to a report of a global research institute. “If renewables enter the market, they have the potential to cut wholesale power prices by 30% and could […]
"What we are doing is using taxpayers' money to boost hurricanes, to spread droughts, to melt glaciers, to bleach corals. In one word: to destroy the world." by Julia Conley, staff writer A new report by the International Institute for Sustainable Development (IISD) showed that if just 10 to 30 percent of the annual coal, oil, […]
Unprecedented efforts to install renewable power capacity have only translated into meeting 2 per cent of global energy demand, meaning the world’s overwhelming reliance on fossil fuels shows no sign of abating. A new report forecasts that coal, oil and gas will still contribute about 85 per cent of primary energy supply by 2040, compared […]
India expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, a government official said on Friday, as the country sees rapid growth in renewable capacity backed by government orders, private equity and pension fund investments. India’s renewable power capacity soared by almost 150 percent in the last five years to […]
The US generated more electricity from renewable sources than coal for the first time ever in April, new federal government data has shown. Clean energy such as solar and wind provided 23% of US electricity generation during the month, compared with coal’s 20%, according to the Energy Information Administration. This represents the first time coal has […]
America's coal industry has already been left in the dust by natural gas. Now it's under immense pressure from the renewable energy boom. The renewable energy sector had slightly more installed capacity than coal in April, according to a Federal Energy Regulatory Commission report. That means US power plants can produce more energy from clean sources than coal for […]
While 160 companies around the world have committed to use “100 percent renewable energy,” that does not mean “100 percent carbon-free energy.” The difference will grow as power grids become less reliant on fossil power, according to a new Stanford study published in Joule. Entities committed to fighting climate change can and should measure the environmental […]
Electricity has been produced for the first time at what will be the world's biggest offshore wind farm. The first turbine at the Hornsea One development located 75 miles (120km) off the Yorkshire coast started generating power on Friday. Each of its 174 turbines will measure 623 feet (190m) high and are being made at […]
Google unveiled an ambitious plan eight years ago to build a wind energy project in the Atlantic Ocean running all the way from New York to Virginia. That massive "underwater spine" has been slow to progress, but Google is moving ahead with its first water-based renewable energy project — it is just a little smaller […]
The plants, animals, and micro-organisms that are the bedrock of food production are in decline, according to a UN study. If these critical species are lost, the report says, it "places the future of our food system under severe threat". The study says that land-use changes, pollution, and climate change are all causing biodiversity loss. While […]
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