Business

International energy efficiency scorecard

The European Union has introduced an energy savings goal of 30% by 2030. This new goal is 5% above the current energy efficiency target of 25% for the same period. The EU also says that its current goal of 20% by 2020 can be reached if all member nations implement the agreed-to climate change mitigation [...]

Cheapest Source Of New Electricity In Denmark Is Now Wind Power

by John Johnston July 23, 2014
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Wind power is now by far the cheapest form of new electricity in Denmark, a new analysis from the Danish Energy Agency has found. Further, the agency maintains that new onshore wind farms due to start operating in 2016 will produce power for around half the price of coal and natural gas power stations. Denmark has [...]

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Beef Production Has 10 Times Environmental Impact Of Other Meat

by John Johnston July 21, 2014
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As if we needed yet another reason to eat less beef, a new study published in the Proceedings of the National Academy of Science has found that out of the 5 main sources of animal protein in the United States (beef, pork, poultry, eggs, dairy), beef production has by far the largest environmental impact. The study [...]

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World Now Generates 22% Of Electricity From Renewables, And Rising

by John Johnston July 14, 2014
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An estimated 22.1% of the world’s electricity was generated from renewable sources in 2013, according to a renewables global status report from the Renewable Energy Policy Network, the Wall Street Journal has reported. The overall figure is expected to increase in coming years, as investment in renewable energy increases worldwide, and costs decrease in key [...]

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Renewables Generated One-Third Of Germany’s Power In First Half Of 2014

by John Johnston July 9, 2014
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Approximately 31% of Germany’s electricity came from renewable energy during the first half of 2014, thanks to growing renewable development and good weather conditions for solar and wind power generation, according to a new report from the Fraunhofer Institute. For the first time in Germany, energy from renewable sources made up a larger portion of [...]

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Solar Is Outcompeting Coal-Fired Power In Australia

by John Johnston July 7, 2014
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Recently I wrote about how renewable energy, and solar power in particular, is starting to hurt the bottom line of coal companies in Germany. Now, in Australia, Giles Parkinson has reported in the Guardian that even if coal were free to burn (which would never happen), centralized, coal-fired power plants couldn’t complete with the emerging solar power [...]

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Renewables Leaving ‘Trail Of Blood’ On Coal Company Balance Sheets

by John Johnston July 2, 2014
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As you may know, the growth of renewable energy in Germany has been nothing short of phenomenal in recent years, thanks to the heavily industrialized nation’s concerted effort to transition to a sustainable economy. Germany’s Energiewende (energy transition) is on track to achieve a target of 45% renewable energy by 2025. It comes as no [...]

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German State Poised To Reach 100% Renewable Energy, Aiming For 300%

by John Johnston June 30, 2014
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Germany’s northernmost and windiest state, Schleswig-Holstein, is this year poised to generate at least as much electricity from renewables as it consumes over a year, for the first time ever. Only eight years ago, the state generated around 30% of its electricity from wind, so a lot of progress has been made in a short [...]

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Buffett Ready To Double Existing $15 Billion Investment In Renewables

by John Johnston June 25, 2014
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It was an off-the-cuff remark by arguably the world’s best investor Warren Buffett, but he doesn’t often say things in public about investing he doesn’t mean; he knows what he says carries a lot of weight and influence. When speaking about his company’s existing $15 billion investments in renewable energy recently, at the Edison Electric [...]

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Nearly 3/4 Of Aussies Want To Keep Or Increase Renewable Energy Target

by John Johnston June 23, 2014
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Recent polling has shown that nearly three-quarters of Australians want to keep or increase the current national Renewable Energy Target. This result comes as the federal government is considering axing or reducing the target. The Guardian has reported that polling conducted for the Climate Institute by JWS research has shown that 72% of Australians would [...]

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