Rocky Mountain Institute study shows renewables are kicking natural gas to the curb

by Steve Hanley, Clean Technica Highlights New research from the Rocky Mountain Institute (RMI) shows that renewable energy is leading natural gas as the preferred choice of new electricity generation  The study looks at energy projects from two of America’s largest electricity markets — ERCOT and PJM RMI argues that there should be a shift … Read more

Can China go net-zero? Two charts show just how ambitious Xi Jinping’s goal is

by Emily Pontecorvo, Grist  Highlights Chinese President Xi Jinping has announced that his country aims to reach peak carbon emissions before 2030 and become carbon-neutral by 2060 A newly released blueprint for the country’s energy transition was created by the Tsinghua University’s Institute of Energy, Environment, and Economy To reach their carbon neutrality goals, there will … Read more

Storebrand dumps oil and mining stocks on climate change lobbying

by Chris Flood and Attracta Mooney, Financial Times Highlights Multibillion-dollar Nordic asset manager, Storebrand, has dropped ExxonMobile, Chevron, Southern Company, BASF, and Rio Tinto from its portfolio after these companies lobbyed against stricter environmental standards Investors of oil companies and other industries that deal with fossil fuels are pushing these companies to lobby against climate-related standards Jan … Read more

U.S. renewable energy consumption surpasses coal for the first time in over 130 years

By Mickey Francis, US Energy Information Administration Highlights In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration (EIA) Compared with 2018, coal consumption in the United States decreased nearly 15%, and total renewable energy consumption grew by 1%, … Read more