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Europe risks €87 billion in stranded fossil gas assets
Fossil gas consumption needs to decline 36% from 2020 to 2030, according to the European Commission, but the planned public and private investment would see an increase of 35% from the current import capacity.
read more... 12/04/2021
Record fall in EU ETS-covered emissions in 2020
Greenhouse gas (GHG) emissions from stationary installations covered by the EU emissions trading system (ETS) are projected to have fallen by the largest amount last year since the launch of the carbon market, according to provisional data released by the European Commission this week.
read more... 08/04/2021
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China coal plant booms in 2020 despite retreat globally
A steep increase in coal plant development in China offset a retreat from coal in the rest of the world in 2020, resulting in the first increase in global coal capacity development since 2015, a new report led by Global Energy Monitor (GEM) said on Tuesday.
read more... 07/04/2021
Record 260GW of clean power added in 2020
A record of over 260GW of new renewable energy capacity was installed in 2020, despite the impact of Covid-19, according to new data from the International Renewable Energy Agency (IRENA).
read more... 06/04/2021
China generated over half world's coal-fired power in 2020
China generated 53% of the world's total coal-fired power in 2020, nine percentage points more that five years earlier, despite climate pledges and the building of hundreds of renewable energy plants, a global data study showed on Monday.
read more... 29/03/2021