BloombergNEF’s New Energy Outlook charts three distinct pathways for the world to reach climate neutrality by mid-century London and New York : Achieving net-zero carbon emissions by 2050 will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF) New Energy Outlook 2021 (NEO), the latest edition of its […]
LG Pledges Transition To 100 Percent Renewable Energy By 2050
Commitment Expands on Zero Carbon 2030 Initiative. SEOUL, South Korea : LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy. The announcement in the just released LG Electronics Sustainability Report comes on top of its earlier commitment to carbon neutrality through […]
LG Electronics Targets 100% Renewables Transition by 2050
South Korea’s LG Electronics Inc (KRX:066570) has set an objective of using 100% renewable energy in all its local and overseas business sites by 2050. The transition will be achieved in stages through the installation of solar panels, the purchase of renewable energy certificates and the signing of power purchase agreements (PPAs). LG said in […]
Britain Risks Missing Climate Targets Due to Lack of Policies -Advisers
LONDON : Britain’s lack of policies to meet net zero emissions by 2050 is jeopardising its chance of meeting the target, the country’s climate advisers said in a progress report on Thursday. Britain in 2019 became the G7 first member to set a net zero target, which will require wholesale changes in the way that […]
Korea Far Behind World Average in Renewable Energy
SEJONG : South Korea was found to have fallen far short of the world average in renewable energy use, amid a global ramp-up in efforts to attain carbon neutrality by 2050. The world economies’ average in the percentage of renewable energy of the total energy supply reached 13.51 percent, according to the Organization for Economic […]
Dell Technologies Deploys Gigantic on-Site Solar Panels in Malaysia
Dell Technologies has taken a big step in green energy production by announcing the completion of its largest on-site solar panels in Malaysia. Located at Dell Technologies Asia Pacific Customer Centre (APCC2) in Bukit Mertajam, Penang, the entire photovoltaic system is valued at RM2.25 million and recognized by the Green Offices of Penang Green Council. […]
Town In Australia Is 100% Solar Powered
Some cities, states, and countries say that they just can’t go 100% renewable — it’s “impossible.” Others say that they may be able to do it, someday, perhaps. Others tells us that they will do it — in 2050. Or maybe 2040. Perhaps even 2030. And then there are some that have already done it. […]
Resurrecting Solar Production in Australia – By Shane West
Yesterday Shane West outlined the massive challenge facing Australia to reach net zero emissions by 2050, given the state of the solar PV industry post Covid. Here he maps out how to resurrect our solar PV manufacturing sector. Once the BP solar PV plant closed in Sydney in 2011 the Chinese government turned to Australian […]
Australia’s New Deputy PM Casts Shadow Over 2050 Net Zero Emissions Ambition
Australia’s reliance on coal-fired power makes it one of the world’s largest carbon emitters per capita, but its conservative government has steadfastly backed the country’s fossil fuel industries, arguing tougher action on emissions would cost jobs. CANBERRA: A climate change sceptic will be Australia’s new deputy prime minister after a leadership revolt in the coalition […]
Australia Could Trade $90 Bn of Low-Carbon Hydrogen Energy by 2050
Australia has the potential to export up to $90 billion worth of low-carbon hydrogen by 2050 up from just $50 billion in 2020, according to research firm Wood Mackenzie. According to the report, this is due to the growing capacity of hydrogen projects and electrolyser development in the country. As of 2020, Australia had a […]
