RECAI 57: with COP26 on the horizon, governments and institutional investors must rise to the challenge of honoring the Paris Agreement. Governments must raise their ambition to get the world on a trajectory to limit global temperature rise to 1.5°C above pre-industrial levels. Institutional investors need clearer commitments on infrastructure spending and details of pipelines […]
Terawatts of renewables and the world’s largest EV charging network will play a role as China eyes peak carbon emissions by 2030. In September 2020, China’s President Xi Jinping told the U.N. General Assembly that the country is aiming to be carbon-neutral by 2060. In December he set a 2030 wind and solar capacity goal […]
On this week’s Political Climate, we dig into a new analysis on how to put the U.S. on a path to deep decarbonization and economic growth. The past few years have been a mixed bag for climate. U.S. emissions declined to their lowest level in three decade this year, but these reductions came at an […]
Green hydrogen exceeded expectations in 2020 with a spate of huge projects, binding deployment targets and a handful of gigafactories. Among other things, which shall remain nameless, 2020 has been notable for the rush of activity in the green hydrogen space. Using renewable-powered electrolyzers to create low-carbon hydrogen can squeeze emissions out of sectors where […]
Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy, Advancing its Climate Pledge Commitment to be Net-zero Carbon by 2040 The addition of 26 new utility-scale wind and solar projects in Australia, France, Germany, Italy, South Africa, Sweden, the UK, and the U.S. bring Amazon’s total number of renewable energy projects to 127 Company’s total […]
President Xi Jinping surprised the world in September 2020 by announcing to the UN General Assembly that China will aim to peak its carbon emissions before 2030 and achieve carbon neutrality before 2060. A new WRI report finds that China can peak its emissions as early as 2026 and realize enormous economic benefits over the long term […]
The EU and U.K. have ambitious goals. Now the wind sector can turn its attention to delivery. Even for an offshore wind industry that is accustomed to all things being supersized, last week was a big week. On Wednesday the U.K. released its 10-point plan to achieve its target of net-zero carbon by 2050. At […]
Solar manufacturing has strategic importance in Europe. Here are five companies hoping to scale up and take advantage. Solar’s global shift from fringe to mainstream is a story Made in China. The likes of Jinko Solar, Trina Solar and Longi have dominated. They scaled first and fast — with more than a little help from […]
U.K. expands renewable auctions, releases funds for the offshore wind supply chain and sets a new floating wind target. U.K. Prime Minister Boris Johnson has offered a huge boost to the country’s offshore wind sector as it looks to double-down on its status as the world’s leading market. The nation’s next round of contracts for […]