Britain Becomes Coal-Free As Renewables Surpass Power Generation Using Fossil Fuels

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Britain Becomes Coal-Free As Renewables Surpass Power Generation Using Fossil Fuels Midnight of June 10th would create history as Britain set to pass a significant landmark. The country will have gone full two months without burning coal to generate power as renewables edge out fossil fuels. Around 40% of the country’s electricity came from coal a … Read more

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Data Reveals COVID-19 Outbreak Could Shrink Global CO2 Emissions From Fossil Fuels By 5% in 2020

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Data Reveals COVID-19 Outbreak Could Shrink Global CO2 Emissions From Fossil Fuels By 5% in 2020 The year 2020 could witness an unforeseen record of 2.5bn tonnes fall in the global carbon emissions from the fossil fuel industry. A reduction of 5% would represent the biggest drop in demand for fossil fuels on record due … Read more

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Renewables Outpaced Fossil Fuels in Electricity Generation For The First Time in The UK

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Renewables Outpaced Fossil Fuels in Electricity Generation For The First Time in The UK For the first time in the UK, renewables generate more electricity than fossil fuels which is an estimated total of 29.5 terawatt-hours (TWh) during the three months of July, August and September, compared to just 29.1TWh from fossil fuels, the analysis shows. Over the past … Read more

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Surprisingly The World’s Largest Public Bank Seems Hesitant About Pausing Investments in Fossil Fuels

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Surprisingly The World’s Largest Public Bank Seems Hesitant About Pausing Investments in Fossil Fuels Last-minute lobbying forces the European Investment Bank (EIB) to be hesitant at a proposal to halt new investments in fossil fuels. Germany and other nations’ move to weaken, one of the most ambitious climate moves of the financial sector is raising concern. World’s … Read more

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Report Finds Australia To Be The 3rd Biggest Fossil Fuels Exporter Only After Russia And Saudi Arabia

Report Finds Australia To Be The 3rd Biggest Fossil Fuels Exporter Only After Russia And Saudi Arabia Australia is the world’s third-biggest exporter and fifth-biggest miner of emissions related to fossil, a report which underscored the country’s role as a leader in the fossil fuel trade globally, disclosed. Sometimes it’s politically debated that Australia is … Read more

New Study Reveals Fossil Fuels To Be Now Costlier Than Renewables

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New Study Reveals Fossil Fuels To Be Now Costlier Than Renewables Electricity from fossil fuel has currently become more expensive than renewables and nearly 75% of the production of coal in the US is now costlier than solar and wind energy considering the supply of electricity to American households, as per the new study. “Even … Read more

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Report Reveals JPMorgan Chase To Top The list of Global Banks With $1.9 Trillion Post-Paris Agreement Investment in Fossil Fuels

The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan

Report Reveals JPMorgan Chase To Top The list of Global Banks With $1.9 Trillion Post-Paris Agreement Investment in Fossil Fuels Banks with the most prominent role in funding projects of fossil fuel named in a report published on Wednesday. Since 2016 that is soon after Paris Agreement 2015, $1.9 trillion poured by 33 global banks … Read more

The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan

Ban Ki-moon Urges Britain To Stop Funding Overseas Fossil Fuels Projects

Ban Ki-moon Urges Britain To Stop Funding Overseas Fossil Fuels Projects Stop funding climate change and investing in fossil fuel projects overseas – Ban Ki-moon, the Former UN secretary-general, has urged Britain. He also said that it would serve as a testimony of the commitment of the British Prime Minister towards action on climate change. … Read more

Renewable Energy Giant Sets an Example With $30 Billion Investment in Green Energy to Replace Fossil Fuels

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Renewable Energy Giant Sets an Example With $30 Billion Investment in Green Energy to Replace Fossil Fuels Today when climate change is the major concern of the World, then leaving fossil fuels only in the ground is perhaps the best thing to do. Now that traditional power sources have tough competition with renewable energy as … Read more

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