Tag #Renewable Energy

Showing 133 to 144 of 822 results

theguardian.com

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Mar 26, 13:14

Climate Action to Boost Global GDP, Finds OECD Report

A joint OECD-UNDP report finds that ambitious climate action will increase global GDP by 0.23% by 2040, lifting 175 million people out of poverty by 2030, while inaction risks losing a third of global GDP this century.

Climate Action to Boost Global GDP, Finds OECD Report

A joint OECD-UNDP report finds that ambitious climate action will increase global GDP by 0.23% by 2040, lifting 175 million people out of poverty by 2030, while inaction risks losing a third of global GDP this century.

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Climate Action

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What are the immediate economic impacts of ambitious climate action, according to the recent OECD/UNDP report?

OECD and UNDP research shows that ambitious climate action will boost global GDP by 0.23% by 2040, rising significantly by 2050. This growth includes benefits like lifting 175 million people out of poverty by 2030. Conversely, inaction could result in a third of global GDP being lost this century.

gr.euronews.com

🌐 85% Global Worthiness

Mar 26, 01:14

Shell Prioritizes Fossil Fuels, Cuts Costs, Boosts Shareholder Returns

Shell announced a cost-cutting plan, prioritizing fossil fuel production over renewable energy to increase shareholder returns by 40%-50%, reducing annual costs by $5-$7 billion by 2028, despite reduced 2024 profits compared to 2023, causing climate activist backlash.

Shell Prioritizes Fossil Fuels, Cuts Costs, Boosts Shareholder Returns

Shell announced a cost-cutting plan, prioritizing fossil fuel production over renewable energy to increase shareholder returns by 40%-50%, reducing annual costs by $5-$7 billion by 2028, despite reduced 2024 profits compared to 2023, causing climate activist backlash.

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How does Shell's cost-cutting strategy balance the need for increased shareholder returns with its stated commitment to climate goals?

Shell's strategy prioritizes maximizing returns from fossil fuels, reducing investment in renewable energy to increase shareholder payouts by 40%-50% of cash flows from operations, and cutting annual costs by $5 billion to $7 billion by 2028. This shift reflects investor pressure for higher profits from established energy sources.

zeit.de

🌐 75% Global Worthiness

Mar 26, 10:11

EnBW Profits Plunge 23% Amid Normalized Energy Prices

Germany's EnBW reported a 23% drop in its adjusted EBITDA to €4.9 billion in 2024, a consequence of normalized energy prices following record highs in 2023. Net income fell by almost 46%, yet renewable energy capacity reached 59%, exceeding the 2025 target. A potential €3 billion capital increase is...

EnBW Profits Plunge 23% Amid Normalized Energy Prices

Germany's EnBW reported a 23% drop in its adjusted EBITDA to €4.9 billion in 2024, a consequence of normalized energy prices following record highs in 2023. Net income fell by almost 46%, yet renewable energy capacity reached 59%, exceeding the 2025 target. A potential €3 billion capital increase is...

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Affordable and Clean Energy

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How does EnBW's performance compare to other major German energy companies, and what factors contributed to its 2024 results?

The decline in EnBW's profits reflects a broader trend among German energy companies like Eon and RWE, following a period of unusually high energy prices. EnBW's reduced earnings highlight the challenges energy companies face adjusting to normalized market conditions and the need for supportive energy policies. The company's renewable energy capacity reached 59% of its total, exceeding its 2025 target a year early.

repubblica.it

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Mar 25, 01:11

Global Electricity Demand Surges to Record High in 2024

Global electricity demand increased by 4.3% in 2024, the highest ever recorded excluding post-recession years, driven by increased use of energy-intensive appliances and the digitalization of industries, with renewable sources covering most of the growth while mitigating CO2 emissions.

Global Electricity Demand Surges to Record High in 2024

Global electricity demand increased by 4.3% in 2024, the highest ever recorded excluding post-recession years, driven by increased use of energy-intensive appliances and the digitalization of industries, with renewable sources covering most of the growth while mitigating CO2 emissions.

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What are the primary factors driving the unprecedented surge in global electricity demand in 2024, and what are the immediate consequences?

Global electricity demand surged by 4.3% in 2024, exceeding overall energy demand growth (2.2%) and GDP growth (3.2%). This is the largest increase ever recorded, excluding post-recession rebounds. The rise reflects structural trends like increased use of energy-intensive appliances and electrification.

theguardian.com

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Mar 25, 16:16

Grenada Turns Sargassum Seaweed Crisis into Multi-Billion Dollar Opportunity

Grenada is tackling its years-long sargassum seaweed problem by partnering with the EU and private companies to transform it into a multi-billion dollar market for bioplastics, fuel, and fertilizer, creating economic opportunities while addressing environmental concerns.

Grenada Turns Sargassum Seaweed Crisis into Multi-Billion Dollar Opportunity

Grenada is tackling its years-long sargassum seaweed problem by partnering with the EU and private companies to transform it into a multi-billion dollar market for bioplastics, fuel, and fertilizer, creating economic opportunities while addressing environmental concerns.

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Responsible Consumption and Production

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What are the immediate economic and environmental impacts of the sargassum invasion on Grenada, and how is the government addressing these issues?

Grenada, a Caribbean island, is grappling with massive sargassum seaweed accumulation along its shores, impacting fishing and tourism. The rotting seaweed emits a foul odor and releases methane, causing various issues for residents. However, the government is collaborating with the European Union and private companies to transform this problem into a multi-billion dollar opportunity.

pt.euronews.com

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Mar 25, 22:11

European Blue Economy: Balancing Economic Growth with Environmental Sustainability

The European blue economy, encompassing maritime transport, tourism, and renewable energy, generated €624 billion in revenue in 2021 but faces environmental challenges, with maritime transport accounting for 3-4% of EU emissions in 2019, projected to rise significantly by 2050; sustainable solutions...

European Blue Economy: Balancing Economic Growth with Environmental Sustainability

The European blue economy, encompassing maritime transport, tourism, and renewable energy, generated €624 billion in revenue in 2021 but faces environmental challenges, with maritime transport accounting for 3-4% of EU emissions in 2019, projected to rise significantly by 2050; sustainable solutions...

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Life Below Water

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What are the key economic contributions of the blue economy, and what are the most significant environmental challenges it faces?

In 2021, ocean-related activities generated €624 billion in revenue and employed 3.6 million people in the EU, highlighting the economic significance of the "blue economy.

dw.com

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Mar 26, 19:23

Brazil's Oil Expansion Undermines Climate Leadership Ahead of COP30

Brazil, hosting COP30 in 2025, is expanding its oil industry and joining OPEC+, despite President Lula's climate pledges; critics cite insufficient investment in renewables and continued fossil fuel subsidies as contradictory to climate goals.

Brazil's Oil Expansion Undermines Climate Leadership Ahead of COP30

Brazil, hosting COP30 in 2025, is expanding its oil industry and joining OPEC+, despite President Lula's climate pledges; critics cite insufficient investment in renewables and continued fossil fuel subsidies as contradictory to climate goals.

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How does Brazil's decision to expand its oil industry and join OPEC+ impact its credibility as a climate leader, particularly ahead of hosting COP30?

Despite initial optimism, Brazilian President Lula's administration is facing criticism for its expansion of the oil industry, including joining OPEC+, while simultaneously hosting COP30. This decision contrasts with Lula's climate pledges, raising concerns among environmentalists.

kathimerini.gr

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Mar 26, 10:11

Greece Requires 7,000 Photovoltaic Parks to Curb Production to Avoid Easter Blackout

To prevent a potential blackout during the Easter weekend, Greek authorities are requiring approximately 7,000 photovoltaic park owners to be ready to reduce or halt energy production within three hours of notification, due to a surplus of renewable energy and low demand.

Greece Requires 7,000 Photovoltaic Parks to Curb Production to Avoid Easter Blackout

To prevent a potential blackout during the Easter weekend, Greek authorities are requiring approximately 7,000 photovoltaic park owners to be ready to reduce or halt energy production within three hours of notification, due to a surplus of renewable energy and low demand.

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Affordable and Clean Energy

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What are the long-term implications of this situation for the Greek power system and its reliance on renewable energy sources?

The increased installed capacity of renewable energy sources (2,500 MW more than last year) and limited export possibilities due to coinciding Orthodox and Catholic Easters exacerbate the risk of a blackout this year. Authorities are considering prohibiting imports to manage the surplus.

dw.com

🌐 85% Global Worthiness

Mar 25, 22:11

Baerbock warns of growing climate action opposition, OECD study highlights economic benefits

Germany's Foreign Minister Annalena Baerbock warned of growing opposition to climate action, urging stronger efforts to ensure economic stability, while a new OECD-UNDP study shows significant economic benefits from accelerated climate action, even with the US withdrawal from the Paris Agreement.

Baerbock warns of growing climate action opposition, OECD study highlights economic benefits

Germany's Foreign Minister Annalena Baerbock warned of growing opposition to climate action, urging stronger efforts to ensure economic stability, while a new OECD-UNDP study shows significant economic benefits from accelerated climate action, even with the US withdrawal from the Paris Agreement.

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Climate Action

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What are the immediate economic consequences of insufficient climate action, and how urgently does this necessitate stronger global cooperation?

Germany's Foreign Minister Baerbock warned that opposition to climate action is strengthening, emphasizing the need for urgent action to secure future economic stability. A new OECD-UNDP study shows that insufficient climate action could reduce global GDP by 0.75% by 2030, while accelerated action could boost it by 3% by mid-century. The absence of the US from the Paris Agreement is a major setback, but other nations are determined to proceed with climate commitments.

euronews.com

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Mar 25, 04:07

Global Energy Demand Soars, Driving Emissions Increase Despite Renewable Growth

Global energy demand increased by 2.2% in 2024, driven by electricity use (up 4.3%), resulting in a 0.8% rise in energy-related carbon emissions despite record renewable energy generation. Extreme weather exacerbated fossil fuel use.

Global Energy Demand Soars, Driving Emissions Increase Despite Renewable Growth

Global energy demand increased by 2.2% in 2024, driven by electricity use (up 4.3%), resulting in a 0.8% rise in energy-related carbon emissions despite record renewable energy generation. Extreme weather exacerbated fossil fuel use.

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How did extreme weather events specifically contribute to the rise in energy demand and the increased reliance on fossil fuels?

Extreme weather significantly impacted energy demand, accounting for a fifth of the increased natural gas and electricity needs and all of the coal increase (123 million tonnes). This highlights the vulnerability of energy systems to climate change impacts.

es.euronews.com

🌐 85% Global Worthiness

Mar 25, 19:18

Global Electricity Demand Surges 2.2% in 2024 Amidst Heatwaves and Renewable Energy Growth

The International Energy Agency (IEA) reports a 2.2% rise in global electricity demand in 2024 due to heatwaves increasing cooling needs and growth in energy-intensive sectors, while renewable energy sources offset some emissions, but unfavorable weather conditions in Europe increased fossil fuel us...

Global Electricity Demand Surges 2.2% in 2024 Amidst Heatwaves and Renewable Energy Growth

The International Energy Agency (IEA) reports a 2.2% rise in global electricity demand in 2024 due to heatwaves increasing cooling needs and growth in energy-intensive sectors, while renewable energy sources offset some emissions, but unfavorable weather conditions in Europe increased fossil fuel us...

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What were the main drivers of the 2.2% increase in global electricity demand in 2024, and what are the immediate implications for energy consumption and emissions?

The International Energy Agency's (IEA) latest report reveals a 2.2% rise in global electricity demand in 2024, primarily driven by increased cooling needs due to heatwaves and growth in energy-intensive sectors like data centers and AI. This surge reversed years of declining energy consumption in advanced economies, highlighting the escalating impact of rising temperatures on energy demand.

fr.euronews.com

🌐 75% Global Worthiness

Mar 25, 19:18

Europe's Blue Economy: Balancing Growth and Sustainability

Europe's blue economy, encompassing maritime transport, tourism, and renewable energy, generated €624 billion in revenue and 3.6 million jobs in 2021, but faces challenges from high emissions and infrastructural limitations hindering the growth of sustainable solutions like offshore wind farms.

Europe's Blue Economy: Balancing Growth and Sustainability

Europe's blue economy, encompassing maritime transport, tourism, and renewable energy, generated €624 billion in revenue and 3.6 million jobs in 2021, but faces challenges from high emissions and infrastructural limitations hindering the growth of sustainable solutions like offshore wind farms.

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Life Below Water

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What are the immediate economic and environmental consequences of Europe's reliance on the blue economy, and what specific actions are needed to mitigate its negative impacts?

In 2021, Europe's "blue economy" generated €624 billion in revenue and 3.6 million jobs. However, maritime transport alone contributed 3-4% of total EU emissions in 2019, projected to increase by at least 90% by 2050 without significant emission reductions.

Showing 133 to 144 of 822 results