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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Strong Support Among Europeans for Banning Fossil Fuel Ads, Study Finds

DeSmogBlog

Almost half of people surveyed across the European Union are in favour of banning fossil fuel advertising nearly twice as many who oppose such a move, according to a new study. Allowing fossil fuel ads while at the same time trying to reduce CO2 emissions is counterproductive, said Barker.

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Europe’s largest battery powers up in Blackhillock, in Moray

Envirotec Magazine

Deliberately located between Inverness and Aberdeen to address grid congestion from Viking (443 MW), Moray East (950 MW) and Beatrice (588 MW) offshore wind farms, the project is said to significantly reduce the amount of wasted clean energy and is an important milestone to achieving the UK governments mission to have a net zero power grid by 2030.

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'Age of Electricity' coming as fossil fuels set to peak: IEA

TechXplore

More than half of the world's electricity will be generated by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday.

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Analysts warn of capacity concerns as EVs set to total 5% of UK power demand by 2030

Envirotec Magazine

The UKs ambitious target to increase electric vehicle (EV) sales to 80% of all new car purchases by 2030 could result in them accounting for up to 5% of total power demand, according to energy analysts at Montel, though there are concerns whether capacity buildout will be adequate.

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Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030

Renew Economy

IEA, for first time, says demand for oil, gas and coal will all peak by 2030, but must fall sharply before then if agreed climate targets are to be met. The post Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030 appeared first on RenewEconomy.