Showing posts with label zero emissions. Show all posts
Showing posts with label zero emissions. Show all posts

One Planet Summit Highlights the EU's Climate Leadership

As evidenced by the recent One Planet Summit, the EU and its member states are leading climate action. In the EU, governments, businesses and investors are all engaged in hopeful efforts and initiatives designed to combat climate change.

On the anniversary of the signing of the Paris Climate agreement on December 12, French President Macron convened a summit to encourage private and public financing for the implementation of the Paris agreement. The One Planet Summit was attended by governments, corporations and other organizations. At this event the European Union announced that it would invest at least €9 billion (US$10 billion) on clean energy, sustainable cities and agriculture. Even Theresa May, the less than green-minded prime minister of the UK, acknowledged the need for wealthy nations to help the developing world. She pledged to contribute £140 million to help poorer countries manage climate change.

European nations are also working towards the goal of eradicating emissions. Germany is already a climate leader and that nation has announced that it will slash its greenhouse gas emissions by as much as 95 percent by 2050. France has emerged as the global climate leader. The country in engaged in serious emission reduction efforts through the adoption of a host of forward looking initiatives.

The EU and its member states are leading producers of renewable energy. engaged in consorted efforts to reduce emissions, ratchet-up climate finance, move away from fossil fuels, grow the green economy, and invest in agricultural adaptation.

The EU's efforts are all the more important in the face of the fiasco that is the Trump administration. Trump has eviscerated the US government's climate action plan. Trump announced that he is withdrawing from the 2015 Paris Climate agreement.

The US is now the only nation on Earth that has will not honor to their emissions reduction pledges. In the face of an historically irresponsible US government the EU is leading nations, organizations and individuals who are committed to the goals of the Paris Accord.

France Shows Trump What Climate Leadership Looks Like

France is leading climate action. The host nation for the signing of the historic Paris Agreement has repeatedly refuted Trump's climate denial while adopting a raft of measures as part of an ambitious national climate plan.  It is fair to say that with its support of science, climate focused political agenda, and progressive climate plan France is one of the most sustainable countries in the world.  French efforts have been ongoing for years and include everything from mandatory sustainability reporting to the problem of food waste. In May France announced that it was moving forward with 17 GW of clean energy investments. These are just some of the reason France has emerged as a global climate leader.


Science

The US under Donald Trump is the only nation in the world that is not signed on to the Paris Climate Agreement. In reponse to Trump's contempt for climate science, France awarded "Make Our Planet Great Again" grants to 18 researchers including 13 US climate scientists. The research grants will extend throughout the remainder of Trump's term (assuming he is able to avoid impeachment). The laureates include professors and researchers from Cornell University, Columbia University, and Stanford University.

Following Trump's withdrawal from the Paris Accord in June French President Emmanuel Macron said that France would cover the US share of funding for a U.N. climate change panel. When Macron and former California governor Arnold Schwarzenegger met in July they made fun of Trump's climate denial. "Now we will deliver together to make the planet great again," Macron said.

He also sent out an invitation to US climate scientists saying:

"To all scientists, engineers, entrepreneurs who were disappointed by the decision of the President of the United States I want to say that they will find in France a second homeland. I call them to come and work here, with us on concrete solutions for our climate and our environment. I can assure you that France will not give up the fight".

Macron awarded 3-5 year long climate research grants worth between €1 - €1.5 million. The grants cover research for climate modeling as well as well as the technological and social challenges associated with transitioning away from fossil fuels. At the beginning of 2018, France is teaming up with Germany to provide €60 million worth of grants to 50 projects.

Macron said during the ceremony: “We will be there to replace US financing of climate research. If we want to prepare for the changes of tomorrow, we need science”.

As reported by the Star one of the awardees lamented the "devaluing of science by this administration" These remarks came from Louis Derry, a leading professor of Earth and atmospheric sciences at Cornell, who also said that he is happy to be free of the "crazy stuff that goes on in Congress and with the current administration".

Another grant recipient is Núria Teixidó Ullod, a visiting scientist at Hopkins Marine Station of Stanford University. Her research revealed the relationship between fossil fuels and drought. Another recipient of the French grant is Alessandra Giannini. Giannini is a Research Scientist at Columbia University. Giannini is well known for having conducted research that makes a causal connection between global warming and drought.

Trump is pleased to see these people go because their research flatly contradicts his climate denying narrative.

Politics

Macron has made it clear that climate action will continue regardless of what the ruling US administration does. After it has become clear that the US president has no interest in listening to reason, The French president seems to have decided that Trump is not relevant. Macron is part of a growing chorus that sees Trump as irrelevant. To make the point Trump was not invited to the climate-focused UN and World Bank's "One Planet Summit," that took place one day after the Macron's grant award ceremony.

France must also be acknowledged for having stemmed the tide of right-wing populism. In the wake of Trump's electoral victory, some were concerned that similar dystopia creating governments would pop up all across Europe.

Many are saying that France's rejection of the far right in recent elections killed the momentum that threatened all of Europe. Germans followed the French lead reelected Angela Merkle. Europeans seem to be rejecting the politics of Trump (and UK Prime Minister Theresa May), instead they are embracing progressive centrist forms of government. The importance of France in this respect cannot be overstated. France is a bulwark against the cancerous nationalism that is presently dividing Americans.

The fossil fuel industry pays the Repubublicans handsomely to deny climate science and the recent tax bill is an homage to that relationship. It would appear that Trump and the GOP are using nationalism to mask a plutocracy.

Although Macron's government is decidedly pro-capitalism, they are also anti-corruption. The Trump administration by contrast is the most corrupt administration in Amercian history. 

Economy

France is a model for Republicans who purport to be concerned about the economy and claim to be pro-business. Since 2015 the French economy has been steadily growing. Entrepreneurs seem to be thriving in the country and this has pushed France ahead of the rest of Europe in startup fundraising.Macron acknowledges the importance of climate consideration as both a health concern and an economic issue. This is evident in their appraisal of the Comprehensive Economic and Trade Agreement (CETA) with Canada. In October France announced that they would only ratify the trade deal it will not affect the nation's climate policies and regulations.

France has seen tremendous economic returns from their investments in clean energy.  First with nuclear and increasingly with renewables France is a clean energy titan. France is currently a low carbon energy leader getting more than 75 percent of its electricity from nuclear power. It produces so much energy, in fact, that it exports much of it to nearby nations to the annual tune of $3.2 billion.

"France wants to become the No. 1 green economy." This is part of France's ambitious climate plan. After the announcement Shares of French automaker, PSA Group rose 2.4 percent and Renault SA gained 1.9 percent, making them the day’s best performers on the Bloomberg 500 Autos Index.

Climate plan

In July French Ecological Transition Minister Nicolas Hulot unveiled details of a national climate plan to help France eliminate net carbon emissions by 2050.  Macron's predecessor President Francois Hollande, strongly supported renewable energy and he made bold strides towards ramping up capacity.  Holland announced that France will close all of the nation's coal-fired power plants by 2022.

Macron is continuing Holland's agenda by ramping up renewables and encouraging homeowners to produce their own energy. Last summer Macron announced that he is planning a massive home renovation retrofit program that will reduce energy consumption and cut CO2 emissions.

France is embracing renewables are abandoning fossil fuels. This includes an initiative to end the sale of fossil fuel powered cars by 2040. Hulot said that the government will stop issuing licenses for oil and gas exploration on French territory. "There will be no new exploration licenses for hydrocarbons," Hulot told BFMTV. Hulot has previously indicated that France will offer tax incentives to help get fossil fuel powered vehicles--especially older vehicles--off of the road. Hulot has also expressed an interest in raising diesel taxes.

On the issue of climate change Trump is like Macron's polar opposite just as Scott Pruitt is Huot's evil antithesis. Trump and Pruitt are eroding support for renewables and smoothing the path for more fossil fuel development.  The contrast between the climate focus of Macron's government and the rampant denial in the Trump administration could not be starker. The two governments have diametrically opposed climate narratives. While Macron is charting a course into the future, Trump is reaching back to the darkness that got us here.

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Event - Renewable Energy World International

This event will take place on December 13-15, 2016 in Orlando Florida at the Orange County Convention Center (North and South Halls). Renewable Energy World International tracks are designed to be made horizontally applicable across all technology sectors. Hear from our track champions on what is being covered during these impactful conference sessions.

Building Relationships

Make connections with 20,000 other renewable energy professionals from around the globe. Learn from each other during multiple networking events.

Expand Your Knowledge

Hear from industry experts on topics such as Energy Storage, Distributed Energy Resources, Large Scale Renewables, Global Markets and Utility Integration and more. Conference Tracks CPC Pre-Conference Tracks CEU Training Courses

1,400 Companies to Choose From

Explore the newest technology and see products/services in power generation, renewables, and nuclear. Make deals right from the show floor.

To register click here.

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Event - Renewable Energy World Conference & Expo North America 2016

This event will take place from December 13 to December 15, 2016 in Orlando Florida. This BIG PICTURE' conference, will cover the full landscape of renewables. Attendees will hear from several Renewable Energy World International Committee Members about what HOT industry topics are being covered in this years conference.

Become An Exhibiting Company Showcase Your Brand. Get Results.

Why Exhibit? Get in front of 20,000+ industry professionals from 111 countries. Generate quality leads and reach our concentrated group of targeted decision-makers.

Sponsor And Stand Out Accomplish Your Goals.

Bolster your event investment's ROI by working with the sponsorship team. They'll build a customized option based on your company's goals.

For more information and to register click here.

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The Allure of Low Carbon Investment Opportunities

Investors are waking up to the opportunities afforded by the low carbon economy. The benefits of emissions reduction extend far beyond averting a climate catastrophe. Decreasing our GHG emissions will help create jobs, alleviate poverty, improve public health and even provide greater food security.

The math supports climate action and the economics are becoming harder to refute. Market forces are driving a steady flow of capital and investors are finding it impossible to ignore the return potential of low carbon technologies.

We have never confronted such a portentous and daunting challenge as the climate crisis, nor have we ever seen such a stellar opportunity. This is a unique investment that offers phenomenal returns, while fostering socio-economic growth.

The case for a low carbon economy is getting stronger and concerns that it will bankrupt the economy are proving to be false. Early in 2016 IRENA indicated that doubling the amount of clean energy by 2030 compared to 2010 levels, will increase GDP by $1.3 trillion.

As explained in the background of a EurActiv.com article, the amount of money that needs to be invested to cut emissions to sustainable levels is estimated at between 500 ($568) and 1,500 ($1,705) billion euros per year.

Nations like the US are poised to formally ratify the emissions reduction pledges they made at COP21. Most of the world's leading emitters have already announced plans to massively increase their renewable energy capacities. These commitments are expected to grow over time.

At the beginning of the year, Mindy Lubber and Christiana Figueres wrote,
"The winds of change from Paris are already shifting policy and financial flows towards ever cleaner and renewable energies and sustainable infrastructure."
The size of the opportunity is enormous. US Secretary of State John Kerry said that climate change presents an opportunity that could far surpass the tech boom of the 1990s. The climate crisis is, "a multitrillion-dollar market with billions of users worldwide." Kerry said. "[C]lean energy is one of the greatest economic opportunities the world has ever seen...There are opportunities literally everywhere you look."

Research from the New Climate Economy corroborates Kerry's claim and finds that low carbon investing in cities alone could generate savings of between $17 and 22 trillion by 2050. For example, New York City has reduced its GHG emissions by 19 percent since 2005, and it plans to reduce emissions 80 percent by 2050.

Clean energy has grown six fold in the last decade and in 2015 we saw big changes in the energy sector. A record 330 billion was invested in new clean energy initiatives. According to Global Trends in Renewable Energy Investment 2016, since 2004, the world has invested $2.3 trillion in renewable energy. This will only grow reaching an astounding $68 trillion in energy investments by 2040. The IEA says that we will need $90 trillion of new energy investment by 2030.

As explained by Lubber and Figueres:
"The actions needed are legion, but so too are the rewards for investors and companies who make the shift early and embed the transition rapidly."
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Germany Continues its Green Dominance in 2015 (Video)

Europe has the highest concentration of national sustainability efforts in the world. In 2015 Nordic countries once again assumed a leadership role along with France. In addition to being an economic giant Germany is also an environmental titan. Germany is ranked fourth in the Global Green Economy Index.and seventh in a RobecoSAM study. Germany has distinguished itself as an early adopter of clean power and it has a secure place in history as a renewable energy pioneer.

The country has passed legislation in support of renewable energy and it is producing results. In 2015 Germany set solar power records and surpassed some major renewable energy milestones that are the envy of governments around the world.

German efforts extend beyond renewable energy and encompass green building. Germany was ranked number 6 in the world by the U.S. Green Building Council (USGBC) in 2014.

The German government led by Angela Merkel has joined other major powers in endorsing ambitious climate objectives. This includes a statement calls for, "deep cuts in global greenhouse gas emissions," and "decarbonisation of the global economy over the course of this century."

Germany is not a newcomer to climate action and Merkel has been at the forefront of this movement for two decades. In 1996 Merkel was a German representative in the European Council of environment ministers that were the first political body to declare the goal of keeping temperatures below 2C was the goal.

Germany is a world leading renewable energy power getting as much of three quarters of its daily demand from clean sources. On July 25, 2015, Germany obtained 78 percent of its electricity from renewable sources.

Year after year German production of renewable energy has increased. In 2015 Germany generated 193 billion kilowatt hours (billion kWh), or one third of its energy from renewable sources up one fifth from the year before.

Cleantech not only reduces the countries emissions it is providing jobs. Nearly 800,000 jobs people work in the cleantech sector and 214,000 people work in renewables in Germany.

The German government has supported the growth of renewable energy and managed to radically reduce its dependence on fossil fuels. As part of a policy called "energiewende" (energy transition) policies Germany is embarking on complete de-fossilization. Germany is already on the cusp of getting 34 percent of its energy from renewables a target it had set to achieve by 2020. The country expects to get 100 percent of its electricity requirements from renewables by 2050.

Cities across Germany are ramping up their renewable energy capacity. The small German town of Feldheim gets all of its electricity from renewables and Munich, Germany's third largest city is working to get all of its electricity from renewable sources by 2025. The city of Frankfurt has pledged to have zero carbon emissions by 2050.

Frankfurt 's comprehensive energy management scheme has decoupled growth from emissions. The city has reduced its emissions by 15 percent since 1990 and grew its economy by 50 percent. The nation as a whole has also succeeded in decoupling economic growth and emissions. Germany's GDP has grown while their GHGs have fallen. 

German cities also support for car free zones and green spaces. There German city of Hamburg has what may be the most climate friendly motto's in the world: “Understanding climate change — reducing climate change — master the effects of climate change.”

In 2015, Hamburg announced plans to eliminate fossil fuel powered cars in the next couple of decades and cover a two-mile section of the Autobahn with greenspaces. These "roof-parks" will cover 60 acres and have forests, gardens, and trails.

Germany's support for renewable energy also extends to other countries. In 2015 the nation gave India a 125 billion Euro loan for green energy projects. The Indo-German partnership is designed to fund transmission infrastructure of renewable energy projects. The German loans will fund green energy projects in Himachal Pradesh and Andhra Pradesh.

Germany is a model for the world that is a real world refutation of some of the criticism leveled against renewables. The fossil fuel lobby frequently point to the problem of intermittancy of renewables (eg the sun is not always shining and the wind is not always blowing). However, as pointed out in a Bloomberg article, Germany proves that intermittancy can be overcome.

In this short film, Germany Trade & Invest focus on Germany’s Renewable Energy Revolution. Scientists, industry leaders, and politicians review the country's achievements, next steps, and the opportunities the energy transition offers.



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Scotland Leads UK Renewable Energy Generation

Scotland derived half of its electricity needs from renewables last year. Renewable energy, once dismissed as a pipe dream by some, is becoming a reality for many nations including Denmark and Germany. According to data released by the Scottish government in June, Scotland generated 49.8 percent of all of its electricity needs from renewable sources in 2014.

The Scottish government has met its target of meeting 50 percent of electricity demand with renewables one year ahead of schedule. Scotland is now setting its sights on the goal of meeting all of its electricity demand with renewables by 2020.

Scotland increased its renewable energy generating capacity by 5.4 percent over 2013. This growth continues into 2015 with first quarter results showing 4.3 percent growth compared to the first quarter of 2014.

Wind power, both onshore and offshore, is responsible for the majority of Scottish renewable energy producing a total of 4,452 GWh, which is enough to power one million homes in the UK for one whole year. In 2014 Scotland generated 19,000 GWh from renewables which is almost one third (30%) of all renewable energy produced in the UK.

Thanks in large part to Scotland, the UK is ahead of schedule to meet its 15 percent clean energy commitment by 2020. Led by wind energy, the UK generated 64,654 GWh of power from renewable sources in 2014. This is a 21 percent increase over 2013.

Wind energy is responsible for half of Scotland's renewable energy mix, hydro generates one third and far a smaller share ( 137.9 GWh) is generated by solar.

Although wind energy enjoys popular support in the UK, British Prime Minister David Cameron paradoxically won reelection on a policy that promises to end renewable energy subsidies. Since being reelected he has stated his intention to end subsidies for onshore wind next April. If he follows through this will have a cooling effect on the growth of renewables in Scotland and the UK as a whole. An end to subsidies could endanger almost $5 billion of onshore wind projects and over 5,000 jobs.

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