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2020-09-04 12:20:00

FOSSIL VS RENEWABLES SUBSIDIES

FOSSIL VS RENEWABLES SUBSIDIES

RECHARGE - 2 September 2020 - The global fossil fuel sector enjoyed annual subsidy support worth $3.1 trillion, a "staggering" 20 times the level the world's governments offered renewables, according to one of the first major efforts to put an accurate figure on the gap between the two.

The massive total, covering direct and indirect subsidies in 2017, was arrived at after 18 months of number-crunching by the International Renewable Energy Agency (Irena) in an attempt to accurately quantify enduring subsidies for polluting energy sources that have long been condemned as a scandal by climate campaigners.

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Earlier:

FOSSIL VS RENEWABLES SUBSIDIES
2020, September, 1, 14:45:00
RENEWABLES NEED INVESTMENT $2.55 TLN
A doubling of annual investment in renewables from around USD 300 billion per year to well over USD 700 billion per year will need to take place, with a total of USD 22.5 trillion of energy sector investments made by 2050.
FOSSIL VS RENEWABLES SUBSIDIES
2020, August, 31, 12:15:00
BRITAIN'S RENEWABLE ENERGY UP
Over the last two years, the UK Manufacturing sector’s share of energy consumption is projected to increase to 17% up from 16% in 2018.
FOSSIL VS RENEWABLES SUBSIDIES
2020, August, 31, 12:10:00
HURRICANE'S ENERGY: THE CHEAPEST
In terms of energy stored and released, hurricanes pack a huge punch.
FOSSIL VS RENEWABLES SUBSIDIES
2020, August, 25, 13:55:00
HYDROGEN NEED INVESTMENT
Global green hydrogen projects adding 3 million mt/yr hydrogen production, significantly short of targetted global green hydrogen demand of 8.7 million mt/yr in 2030.
FOSSIL VS RENEWABLES SUBSIDIES
2020, August, 20, 14:30:00
NATURAL GAS: A KEY FUEL
Continued deployment of renewables will make natural gas a key fuel, contributing to the stability and security of power systems.
FOSSIL VS RENEWABLES SUBSIDIES
2020, August, 13, 13:40:00
OIL PRICES 2020-21: $43-$50
monthly Brent spot prices will average $43/b during the second half of 2020 and rise to an average of $50/b in 2021.
FOSSIL VS RENEWABLES SUBSIDIES
2020, August, 13, 13:20:00
USEFUL GLOBAL WARMING
thermodynamic geoengineering, the affordable, long-duration storage that can convert and recycle the thermally stratified energy of the ocean for millennia.
All Publications »
Tags: FOSSIL, FUEL, RENEWABLES, SUBSIDIES
Chronicle:
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 12, 12:39:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 12, 12:38:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets LIVE ONLINE COURSE OVER 4 SESSIONS Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
FOSSIL VS RENEWABLES SUBSIDIES
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
All Publications »