Overall, the MDBs are not financing energy access at nearly a sufficient level to meet the needs of energy-poor communities. Much of the energy access finance that is being provided is being directed to many of the communities that need it most. But even so, energy access is not reflected as a priority for the MDBs.
“While this new commitment is an important step forward, it’s not enough. Millions of people are currently being left behind when it comes to accessing clean, affordable energy. The World Bank must commit to significantly scaling up its finance to support energy access for those without it, particularly for distributed renewable energy solutions.”
According to a new analysis of data, last year solar was the “star performer” in terms of new electricity generation, as renewables once again outstripped fossil fuels.
A Trump vs. the world showdown is brewing at this year’s G20 leaders’ summit, July 7 and 8 in Hamburg, Germany. After pulling the United States out of the Paris Agreement, Trump’s climate denial will likely take a beating from other G20 governments, who nearly all say they support strong climate action. An ugly diplomatic … Read More
Both nominees and Senators alike appeared oblivious to the fact that gas is as dirty as coal and that significantly increasing gas reliance through new pipelines and liquefied natural gas export facilities is incompatible with a stable climate.
“Fossil fuels have lost,” argues Eddie O’Connor, chief executive of Irelands’s Mainstream Renewable Power company, before adding: “The rest of the world just doesn’t know it yet.”
Today, Sens. Merkley (D-OR) and Sanders (I-VT) launched a bill that takes a huge step toward aligning government policy with what climate science tells us is necessary – a transition to a 100% carbon-free economy, as soon as possible.
The oil companies go to great efforts to portray their forecasts as works of objective analysis of the future. They are not – they are self-serving descriptions of the futures the companies would like policymakers and investors to believe in.
Everyday people in Virginia are standing up to the fossil fuel fatalism of Dominion Power.
The renewable revolution is gathering apace according to new research. Last year was an “extraordinary” record year for the sector, with “the largest global capacity additions seen to date.”