Whether we can avoid exceeding 1.5°C of warming depends on the global gas industry’s willingness to solve the most important problem it has on its hands today: emissions of the extremely potent greenhouse gas methane, the primary component of natural gas. Gas is often presented as a “clean transition fuel” because it burns more cleanly than coal. Though burning natural gas does indeed emit less carbon dioxide (CO2) and particulate matter than coal to produce the same amount of energy, the “clean” label for gas ignores the methane released into the atmosphere when gas is extracted, moved through pipelines, and distributed into homes and businesses. Worldwide, the oil and gas industry emits 80 million tons of methane pollution each year: 16 percent of all human-made greenhouse gas CO2 emissions.
Rocky Mountain Institute 12th March 2020 read more »
Coal power developers risk wasting hundreds of billions of pounds as new renewable sources are now cheaper than new coal plants, a report has said. The shift is mainly down to the tumbling cost of wind and solar power, researchers from Carbon Tracker said. They added that in 10 years it will be cheaper to close down coal plants and build wind and solar plants instead. But the International Energy Agency (IEA) says coal will remain the largest global power source for years. The report’s authors say they looked at the economics of 95% of the world’s coal-fired power stations. In most countries, including the UK, it’s already cheaper to build renewable energy generation than new coal-burning plants.
BBC 12th March 2020 read more »