One-third of European Union countries have not yet introduced any measures to reduce energy demand, and only 12 have put mandatory energy reduction measures in place, finds a fresh analysis of measures adopted by EU governments to reduce gas and electricity consumption.
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Energy consumption and greenhouse gas emissions in European buildings and construction have ballooned to an all-time high from lower levels during the worst of the COVID-19 pandemic. In 2021, this economic sector accounted for over 34 percent of energy demand and 37 percent of energy and process-related CO2 emissions – now the European Union is urgently activating a new strategy.
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Globally, the consumption of fossil fuels will slow down or decline in the near future as a result of fast-moving technological change and new climate policies, creating a “dangerous carbon bubble,”
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Two years to the day after the historic Paris Agreement on climate, more than 50 heads of state, bank and finance executives and celebrities are meeting today to drive action to finance global efforts to meet the goals of the agreement.
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To keep the EU competitive as renewables displace fossil fuels – shaking up global energy markets – the European Commission has proposed a new package of measures to “equip all European citizens and businesses with the means to make the most of the clean energy transition.”
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Investors are being put on notice that some mutual funds and exchange traded funds labeled “sustainable,” “ecology,” “green” or “integrity” may actually have very high carbon footprints.
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A 21.82 percent return on investment over the past decade – that’s the proud record of The Carbon Clean 200 – a new list of 200 clean energy companies selected for this inaugural version of the list by the nonprofit groups As You Sow and Corporate Knights.
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Since the Paris Climate Agreement was reached in December, preventing the greenhouse gas carbon dioxide (CO2) from entering the atmosphere has become a top priority for many governments, utilities and private individuals who believe climate change to be the major problem of this generation.
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A broad political will and the involvement of many different economic and social actors are essential for successful transition to a green economy, conclude researchers from five institutes of the Partnership for European Environmental Research (PEER).
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The year 2015 was Earth’s hottest by widest margin on record, and in December 2015 the temperature was the highest for any month in the 136-year scientific record, according to scientists with the U.S. space agency, NASA.
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