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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, March, 4, 11:49:00
LNG INVESTMENT OPPORTUNITIES FOR LATIN AMERICA
The team of analysts from Vostock Capital has prepared a report of LNG investment opportunities for Latin America and the Caribbean.
FOSSIL VS RENEWABLES SUBSIDIES
2021, March, 4, 11:48:00
POWER WEEK ASIA 2021: Lifelike Virtual Conference for Power & Energy Experts
The 6th annual POWER WEEK ASIA Virtual Conference (15 - 18 March 2021) is now open for registration. Across 4 days, we will be broadcasting live interactive presentations, in-depth panel discussions, and networking sessions from leading experts across the world.
FOSSIL VS RENEWABLES SUBSIDIES
2021, March, 4, 11:45:00
U.S. NUCLEAR FOR POLAND $40 BLN
The USA now has 18 months to prepare both a technology and a financing offer to build nuclear power plants in Poland,
FOSSIL VS RENEWABLES SUBSIDIES
2021, March, 4, 11:40:00
U.S. WIND POWER UP TO 118 GW
After this record year for wind turbine capacity additions, total wind turbine capacity in the United States is now 118 GW.
FOSSIL VS RENEWABLES SUBSIDIES
2021, March, 3, 13:00:00
OIL PRICE: NEAR $63 ANEW
Brent rose 24 cents, or 0.38%, to $62.94 a barrel. WTI rose 15 cents, or 0.25%, to $59.90 a barrel.
FOSSIL VS RENEWABLES SUBSIDIES
2021, March, 3, 12:55:00
GLOBAL OIL MARKET: CAUTIOUS OPTIMISM
“We must emphasize in strong terms: cautious optimism, cautious optimism, cautious optimism.”
FOSSIL VS RENEWABLES SUBSIDIES
2021, March, 3, 12:50:00
GLOBAL OIL DEMAND WILL UP TO 99 MBD
Current oil demand of 94 million b/d, rising to 99 million b/d in 2022.
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