Energy spending is forecast to recover to almost pre-pandemic levels this year – but the International Energy Agency (IEA) warns this is nowhere near enough to put the world on track for net zero by 2050. The organisation has warned the gap between current investment trends and the required spending on climate mitigation is “a critical fault line in the clean energy transition” stressing that significantly more investment needs to be directed into the clean energy sector, particularly in emerging markets and developing countries.
Energy Live News 2nd June 2021 read more »
The opening shots in the next stage in the battle to avoid dangerous climate change were fired last month. Writing in The Sun, Conservative MP Steve Baker claimed that UK efforts to cut carbon emissions would land millions with huge costs to replace their gas boilers. He also argued that electric vehicles are too expensive and we must not rush through the replacement of petrol and diesel cars. Baker is right to highlight that transport and homes play a big role in our greenhouse gas emissions – but by focusing on the costs he completely misses the opportunities. The energy efficiency of many UK buildings is pathetic: leaky windows and doors, poorly or non-insulated roofs and walls, old and expensive-to-run gas boilers. Fixing this would not only slash emissions but make our homes much more comfortable and cheaper to run. Meanwhile, replacing internal combustion car engines with electric ones would improve air quality. We could also gain a lot from simply reducing the total numbers of cars on UK roads. Analysis of the London local elections has shown that low traffic neighbourhoods are far from unpopular. That shouldn’t be surprising – rat-running roads have been transformed into spaces in which children can play and neighbours chat.
iNews 3rd June 2021 read more »