For Half Of The World, Peak Fossil Fuel Use Is In The Rearview Mirror
The post For Half Of The World, Peak Fossil Fuel Use Is In The Rearview Mirror appeared on BitcoinEthereumNews.com. This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The world may be close to hitting an “irreversible solar tipping point.” Getty Images A new report from analyst firm Ember has found that for over half of the world’s economies, fossil fuel use peaked at least five years ago. Consequently, carbon emissions from these countries have also fallen–20% over the past decade. According to the report, these 107 countries represent 38% of global energy demand and many of them have seen a decline in greenhouse gas emissions despite growth in that demand. “We are on the cusp of a new era of fossil decline in the global power sector,” Dave Jones, the firm’s global insights lead, said in a press release. A big part of the reason for this has been the decreasing costs of renewable energy sources, which have an advantage of not requiring fuel and therefore don’t have their ongoing costs of operation subject to the winds of global geopolitics. Indeed, an analysis of solar energy published in Nature Communications this week suggests that the world may be close to hitting an “irreversible solar tipping point” where the technology comes to “dominate global markets without any further climate policies.” The Big Read Jose Acain (L) and Matt Gialich (R) cofounded Astroforge. Astroforge This Asteroid Mining Startup Is Ready To Launch The First-Ever Commercial Deep Space Mission As the world transitions away from fossil fuels and begins to rely even more heavily on electricity, it’s going to need more metals. But Earth’s resources are limited and many of the best places to mine for important metals are already being tapped. Enter Astroforge, a lean startup that aims to take advantage of…
The post For Half Of The World, Peak Fossil Fuel Use Is In The Rearview Mirror appeared on BitcoinEthereumNews.com.
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The world may be close to hitting an “irreversible solar tipping point.” Getty Images A new report from analyst firm Ember has found that for over half of the world’s economies, fossil fuel use peaked at least five years ago. Consequently, carbon emissions from these countries have also fallen–20% over the past decade. According to the report, these 107 countries represent 38% of global energy demand and many of them have seen a decline in greenhouse gas emissions despite growth in that demand. “We are on the cusp of a new era of fossil decline in the global power sector,” Dave Jones, the firm’s global insights lead, said in a press release. A big part of the reason for this has been the decreasing costs of renewable energy sources, which have an advantage of not requiring fuel and therefore don’t have their ongoing costs of operation subject to the winds of global geopolitics. Indeed, an analysis of solar energy published in Nature Communications this week suggests that the world may be close to hitting an “irreversible solar tipping point” where the technology comes to “dominate global markets without any further climate policies.” The Big Read Jose Acain (L) and Matt Gialich (R) cofounded Astroforge. Astroforge This Asteroid Mining Startup Is Ready To Launch The First-Ever Commercial Deep Space Mission As the world transitions away from fossil fuels and begins to rely even more heavily on electricity, it’s going to need more metals. But Earth’s resources are limited and many of the best places to mine for important metals are already being tapped. Enter Astroforge, a lean startup that aims to take advantage of…
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