BRUSSELS, Belgium, November 18, 2023 (Maximpact.com Sustainability News) – The European Commission has approved a €3 billion Austrian plan to support companies facing soaring energy costs due to Russia’s war against Ukraine. Solar photovoltaic capacity, both large utility-scale and small distributed systems, accounts for two-thirds of this year’s projected increase in global renewable capacity.
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PARIS, France, June 25, 2023 (Maximpact.com Sustainability News) – US$ 2.8 trillion is set to be invested globally in energy in 2023 – a record amount. And US$ 1.7 trillion of that, more than half the total, is expected to go into clean energy technologies, with solar power set to eclipse oil production for the first time, finds the latest World Energy Investment report from the International Energy Agency (IEA).
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WASHINGTON, DC, April 22, 2023 (Maximpact.com Sustainability News) – Earth Day is held each year on April 22 to show support for environmental protection. It started small on April 22, 1970, and now includes hundreds of events coordinated globally by Earthday.org, working with 150,000+ partners in 193 countries to build environmental democracy. The official theme for Earth Day 2023 is Invest In Our Planet. One billion people are expected to participate.
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ABU DHABI, United Arab Emirates, July 19, 2021 (Maximpact.com News) – “We have no time. The window is closing and the pathway to a net-zero future is narrowing.” With these warning words, Francesco La Camera, who heads the International Renewable Energy Agency (IRENA), opened his Foreword to IRENA’s latest analysis, “World Energy Transitions Outlook.”
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The transition to renewable energy in support of sustainable development goals and climate action is picking up speed around the world. With new urgency, the International Energy Agency, IEA, is calling for an end to exploration for fossil fuels – coal, oil and natural gas.
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The Rockefeller Foundation has announced the formation of a global coalition aimed at providing sustainable energy for one billion people within this decade. Announcing the global sustainable energy coalition, Dr. Rajiv Shah, president of The Rockefeller Foundation, said, “Our success will empower millions of people to participate in a modern economy, growing economic opportunity for us all.”
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A global coalition of more than 11,000 scientists from 153 countries says “untold human suffering” is unavoidable without deep and lasting shifts in human activities that contribute to greenhouse gas emissions and other factors related to climate change.
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There are many ways to generate renewable power – solar panels, wind turbines, geothermal installations and hydroelectric dams. And now there is rust. And saltwater.
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Boston, San Francisco, Seattle, Minneapolis, and Washington, DC top the latest energy-efficiency scorecard from the nonprofit American Council for an Energy-Efficient Economy, which ranks the progress of 75 large U.S. cities.
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Two years to the day after the historic Paris Agreement on climate, more than 50 heads of state, bank and finance executives and celebrities are meeting today to drive action to finance global efforts to meet the goals of the agreement.
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The German Presidency of the G20 meeting in Hamburg this week has put energy and climate high on the agenda as civil society groups call for 100 percent renewable energy across Europe by 2030.
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Just three days before he left office on January 20, U.S. President Barack Obama transferred a second installment of US$500 million to the Green Climate Fund, based in South Korea’s Songdo International Business District.
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More than 450 organizations, local officials, academics, civic leaders and businesses are calling on Congress to support a shift to powering the United States entirely with renewable energy by the year 2050.
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To keep the EU competitive as renewables displace fossil fuels – shaking up global energy markets – the European Commission has proposed a new package of measures to “equip all European citizens and businesses with the means to make the most of the clean energy transition.”
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