bneGREEN

Investment into green energy to top $2 trillion in 2024 for first time – IEA

bne IntelliNews July 16, 2024

The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.

Experts warn Iran's Golestan will turn into desert within 15 years

bne Tehran bureau July 16, 2024

Iran’s lush northern Golestan province faces a shocking transformation into a barren wasteland in just 15 years as climate change bites.

Europe headed for mini-ice age as AMOC tipping point approaches – paper

bne IntelliNews July 16, 2024

A recent study finds that the AMOC (Atlantic Meridional Overturning Circulation) is on course to stop flowing, at the latest, within the next 75 years, causing a mini-ice age in Europe and could disrupt the entire planet's weather patterns.

Each one degree rise in global temperature reduces world GDP by 12%, says study

Ben Aris in Berlin July 15, 2024

Each one degree rise in global temperatures reduces world GDP by 12%, according to a new study by economists Adrien Bilal and Diego Känzi, published in Maym, which could reduce global GDP by half by the end of the century.

Africa's energy ambitions stifled by investment shortfall

Newsbase July 15, 2024

Africa's economic and social development hinges on access to affordable, reliable and sustainable energy. Despite vast energy resources, the continent remains energy poor and lacks sufficient investment to just keep up with population growth.

Iran experiences unprecedented heat wave in 50 years

bne Tehran bureau July 12, 2024

Iran has experienced its hottest temperatures in 50 years, with the city of Ahvaz recording over 50 degrees Celsius (122 Fahrenheit) for more than seven days.

China emerges as global green energy champion with two-thirds of the world's new wind and solar power plants

bne IntelliNews July 11, 2024

Almost two-thirds of the world's large wind and solar power plants are in China while a surge in renewable capacity has driven coal's share of power generation to new lows, Reuters reports.

Germany may pipe in 100 TWh of green hydrogen by 2035, says study

bne IntelliNews July 9, 2024

Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.

Hurricane Beryl’s rapid growth not possible without climate change

by Roberta Harrington July 8, 2024

Deadly Hurricane Beryl has been powered by global heating driven by the burning of fossil fuels, say experts.

Iran’s Pezeshkian-led Reformists face monumental challenge in tackling electricity shortfall

Newsbase Middle East July 8, 2024

As the days of the current government of Iran are numbered, the nation continues to grapple with widespread power shortages exacerbated by the scorching summer heat.

Caspian Sea can propel Azerbaijan to forefront of offshore wind power

Seymur Mammadov in Baku July 5, 2024

In 2022, the Global Wind Energy Council ranked countries based on their offshore wind energy potential. Azerbaijan joined the top four alongside Australia, Sri Lanka and Turkey.

Wildfires rage through Russia’s Far East

bne IntelliNews July 5, 2024

Yakutia, a Republic in Russia’s Siberia, is currently dealing with over 350,000 hectares of fires, the regional operational headquarters has reported.

Google’s emissions up 48% in five years because of AI

by Roberta Harrington July 3, 2024

The greenhouse gas emissions of search and data giant Google increased almost 50% in five years because of its offerings and use of artificial intelligence (AI). The technology is highly power-hungry.

Severe storms ravage Balkans, leaving two dead and widespread damage

bne IntelliNews July 2, 2024

Storms and other extreme weather events have intensified in Southeast Europe as the climate crisis deepens.

New tipping point looms beneath Antarctic ice sheet

by Roberta Harrington July 2, 2024

For the first time, a “new and worrying” way that large ice sheets can melt has been characterised by scientists. Projections of sea level rise may thus be “significant underestimates”.

Hurricane Beryl strengthens to Category 5, headed to Jamaica

bne IntelliNews July 2, 2024

Hurricane Beryl intensified again into a "potentially catastrophic" Category 5 storm on July 2 as it moved across the eastern Caribbean, headed for Jamaica after downing power lines and flooding streets in the western Caribbean islands.

Tropical storm Beryl intensifies to an “extremely dangerous” category 4 hurricane in an extreme weather first

Ben Aris in Berlin July 1, 2024

Tropical storm Beryl intensified into an “extremely dangerous” Category 4 hurricane in less than 42 hours in a never-before-seen acceleration of destructive power for the time of year.

Global access to energy starts to fall for the first time in a decade, says IEA

bne IntelliNews July 1, 2024

Population growth means that for the first time in a decade access to global energy has begun to fall despite the massive investment going into clean energy to fight the climate crisis, the International Energy Agency said in a new report.

Kazakhstan courting international investment to curb methane emissions

Ekaterina Venkina for Eurasianet June 28, 2024

Astana to present methane emissions reduction plan at COP29.

Extreme wildfires have doubled in two decades, due to climate crisis

by Roberta Harrington June 27, 2024

A new study, in "Nature Ecology & Evolution", reveals that the frequency and intensity of severe wildfires worldwide have doubled over the last two decades due to climate change.

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