Posts Tagged ‘renewable energy’
Canada’s largest pension plans ramp up investing in offshore wind projects
This article was written by James Bradshaw and originally published in The Globe and Mail on December 30th, 2023. One of the next frontiers for clean energy that is attracting investment dollars from Canada’s largest pension plans is just out of sight to the naked eye onshore, in an expanse of ocean water 32 kilometres…
Read MoreHuge opportunities and huge threats loom for US clean energy in 2023
This article was written by Jeff St. John and originally published in Canary Media on January 2, 2023. It was the best of times, it was the worst of times. Observers of U.S. clean energy markets might be feeling like they’re trapped in a Dickens remake: A Tale of Two Diverging Market Trends. Never have the long-term prospects…
Read MoreWhy Canada Needs to Plan for a Steep Decline in Global Oil Demand
This piece was written by Aaron Cosbey and originally published in the International Institute for Sustainable Development on September 16, 2022. Summary International Energy Agency scenarios project a decline in oil demand globally as climate policies intensify. Canada’s own energy body, the Canada Energy Regulator, shows a projected decline in Canadian production. Decline in oil…
Read MoreIf oil and gas companies aren’t cutting emissions at peak profits, when will they get in the game?
This article was written by Laura Cameron and published by CBC on November 17, 20202. Canadian oil and gas companies were in Egypt last week for the global climate summit COP27 — among some 636 fossil fuel lobbyists — to position themselves as leaders in industry emissions reductions at an event hosted by the Canadian government. What was not…
Read MoreNew French law will require parking lots to install solar panels
This article was written by S. Dent and originally published in Engadget on November 9th, 2022. In 2020, France was the only EU nation not to meet its obligations for the development of renewable energy, as it still relies primarily on nuclear power. Now, the French Senate has approved a bill that should increase that markedly, requiring…
Read MoreGuilbeault optimistic about targets even as Canada’s emissions rebound post-pandemic
This article was written by Mia Rabson and was originally published in CBC on November 11, 2022. Canada’s carbon dioxide emissions crept back up in 2021 after falling sharply during the first year of COVID-19, and experts believe they will go up even further this year as the return to normal has accelerated. The European…
Read MoreFossil Investment Could ‘Fully Finance’ Renewable Shift to 1.5°C
This article originally appeared in The Energy Mix on October 26, 2022. Redirecting $570 billion per year from planned oil and gas investments could “fully finance” wind and solar expansion to meet a 1.5°C target, showing that oil and gas development must be halted to keep global warming within safe limits, a new report concludes.…
Read MoreCaisse Invests Up to $474M in Japanese Renewables Firm
This article was originally published in The Energy Mix on October 26, 2022. The giant Caisse de dépôt et placement du Québec (CDPQ) is investing up to US$474 million, or 70 billion Japanese yen, in a company that got its start as a search for energy alternatives in the wake of the Fukushima nuclear disaster…
Read MoreCarbon emissions from energy to peak in 2025 in ‘historic turning point’, says IEA
This article was written by Jasper Jolly and originally published in The Guardian on October 27, 2022. Global carbon emissions from energy will peak in 2025 thanks to massively increased government spending on clean fuels in response to Russia’s invasion of Ukraine, according to analysis by the world’s leading energy organisation. The International Energy Agency (IEA) said that…
Read MoreStudy Finds World Can Switch to 100% Renewable Energy and Earn Back Its Investment in Just 6 Years
This article was written by Jessica Stewart and originally published in My Modern Met on August 4th, 2022. With energy and fuel costs at an all-time high, the world is seeking cost-effective solutions for moving away from oil and gas for energy needs. Luckily, a new study by Stanford University says that it might not be as…
Read More