Urgent rethink required as Germany’s Energy Transition stalls Energy Watch Group says renewables must increase prominence after coming election 15.09.2017, Berlin – With the German election looming later this month, the country is seeing its ambitious Energy Transition – the Energiewende – stall. The former global leader is seeing the rate at which renewable energy is […]
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Accelerating Transition to 100% Renewables | Coal & Nuclear Outcompeted | Peak Oil and Peak Gas As prices for renewables keep falling, the global transition to 100% will happen faster than many think. To accelerate the process, we need innovative policy measures, writes EWG President Hans-Josef Fell. By 2022, global solar PV capacity is set to surpass nuclear for […]
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Banks, Governments Finance Fossil Fuels | Coal & Nuclear in Sharp Decline | Renewables Hit the Tipping Point As banks and governments remain heavily invested in the fossil fuel industry despite the international climate committments, shareholders increasingly start to hold their banks and companies accountable. In Australia, in the first world’s case a couple has filed a lawsuit against its bank for not informing […]
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Solar Power to Kill Coal | Oil Majors to Lose Trillions | Nuclear Meltdown Renewable energy capacity worldwide was boosted by a record amount in 2016, as costs of wind and solar PV kept dramatically falling, two latest major energy reports show. Especially solar PV is becoming so cheap that it will provide cheaper electricity than coal in China and […]
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New Oil Low, Stress Test for Coal, Big Business Backs Decarbonization “Renewables come one way or another. Over the past few years, they have become economically viable despite low oil prices,” says Energy Watch Group President Hans-Josef Fell in his recent Joule interview. “If you leave the process to itself, it may take another 30 years. That is too late for […]
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