Most global governments have failed to act on the 2023 UN pledge to triple the world’s renewable energy capacity by the end of the decade, according to climate analysts. The failure to act means that on current forecasts the world will fall far short of its clean energy goals, leading to a continued reliance on fossil fuels that is incompatible with the target of limiting global heating to below 1.5C. A report by the climate thinktank Ember found that only 22 countries, most within the EU, have increased their renewable…
Tag: Fossil fuels
Caught between a fossil fuel past and a green future, China’s coal miners chart an uncertain path
Gazing over the remains of his home, Wang Bingbing surveys a decades-old jujube tree flowering through the rubble, and the yard where he and his wife once raised pigs, now a pile of crumbled brick. In the valley below, a sprawling coalmine is the source of their dislocation: years of digging heightened the risk of landslides, forcing Wang and his family out. To prevent the family from returning, local authorities later demolished their home. “We really didn’t want to leave,” Wang’s wife, Wang Weizhen, says ruefully. Wang’s life is the…
China’s coal heartland fighting for a greener future
Deep in the recesses of an underground cavern, covered in dust and soot, Xu Xiaobo wondered why, having recently graduated with a degree in mechanics, he was on his hands and knees sifting through layers of coal sludge. But there was no time to ponder the ancestral forces that had brought him down into one of his province’s oldest mines. There was coal to dig for. New to the job, keeping up with colleagues was challenging. As he tried to crawl at speed under a conveyor belt of coal, he…
UK ‘helping Russia pay for its war on Ukraine’ via loophole on refined oil imports
The UK has been accused of “helping Russia pay for its war on Ukraine” by continuing to import record amounts of refined oil from countries processing Kremlin fossil fuels. Government data analysed by the environmental news site Desmog shows that imports of refined oil from India, China and Turkey amounted to £2.2bn in 2023, the same record value as the previous year, up from £434.2m in 2021. Russia is the largest crude oil supplier to India and China, while Turkey has become one of the biggest importers of Russian oil…
World’s renewable energy capacity grew at record pace in 2023
Global renewable energy capacity grew by the fastest pace recorded in the last 20 years in 2023, which could put the world within reach of meeting a key climate target by the end of the decade, according to the International Energy Agency (IEA). The world’s renewable energy grew by 50% last year to 510 gigawatts (GW) in 2023, the 22nd year in a row that renewable capacity additions set a new record, according to figures from the IEA. The “spectacular” growth offers a “real chance” of global governments meeting a…
Cop28: China ‘would like to see agreement to substitute renewables for fossil fuels’
China would like to see nations agree to substitute renewable energy for fossil fuels, the country’s chief climate official has said, as nations wrangled over the weekend on the wording of a deal on the climate crisis. Xie Zhenhua, China’s climate envoy, would not be explicit on whether China supported or opposed a phase-out of fossil fuels, which more than 100 governments are pushing for at crucial climate talks, the Cop28 UN summit. But he did indicate that he and his delegation were engaging positively to try to find a…
China’s coal addiction puts spotlight on its climate ambitions before Cop28
China’s addiction to building new coal-fired power plants is becoming increasingly entrenched, even as the country is on track to reach peak CO2 emissions before its 2030 target. As climate officials from around the world prepare to meet in the United Arab Emirates for Cop28, many are hoping that the recent joint climate agreement between the US and China, released days before Joe Biden and Xi Jinping met in California, can lay the groundwork for positive commitments at the UN’s climate conference. The last major breakthrough involving China at Cop…
From China’s emissions to Australia’s offshore windfarms, things are moving on climate – some even in the right direction | Adam Morton
If you’re searching for some hope on the climate crisis before the Cop28 UN meeting in Dubai this month, try this: China may be changing direction on pollution earlier than expected. Lauri Myllyvirta, a longtime China analyst now with the Centre for Research on Energy and Clean Air, calculated that CO2 emissions from the world’s biggest national polluter are likely to fall next year and could then go into “structural decline”. While the country’s emissions have increased this year – unsurprisingly, given that Beijing lifted zero-Covid controls at the end…
Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022
Banks pumped more than $150bn last year into companies whose giant “carbon bomb” projects could destroy the last chance of stopping the planet heating to dangerous levels, the Guardian can reveal. The carbon bombs – 425 extraction projects that can each pump more than one gigaton of carbon dioxide into the atmosphere – cumulatively hold enough coal, oil and gas to burn through the rapidly dwindling carbon budget four times over. Between 2016 and 2022, banks mainly in the US, China and Europe gave $1.8tn in financing to the companies…
US behind more than a third of global oil and gas expansion plans, report finds
The US accounts for more than a third of the expansion of global oil and gas production planned by mid-century, despite its claims of climate leadership, research has found. Canada and Russia have the next biggest expansion plans, calculated based on how much carbon dioxide is likely to be produced from new developments, followed by Iran, China and Brazil. The United Arab Emirates, which is to host the annual UN climate summit this year, Cop28 in Dubai in November, is seventh on the list. The data, in a report from…