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fossil fuel
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint…
Transition to Renewables Calls for New Approach to Energy Security
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics of the energy transition: Energy security outlines…
The Sustainable Development Crisis – How Big is the Financial Gap in Accomplishing the SDGs?
The entire planet strives to meet the Sustainable Development Goals (SDGs). However, the latest United Nations report indicates that countries are not moving well enough towards the 2030 Agenda for Sustainable Development. More precisely, about half of the 140 SDGs…
After Slight Rise In 2023, Methane Emissions From Fossil Fuels Are Set To Go Into Decline Soon
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28 climate summit in Dubai, have the potential to…
Record Growth in Renewables, but Progress Needs to be Equitable
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Renewables accounted for…
FUNDAMENTAL BUSINESS STRATEGIES TO A FASTER SUSTAINABLE DEVELOPMENT
Sustainable business is a relatively new, very sensitive and changing topic. Different companies throughout the supply chain and in different fields have different views of what is sustainable for them and what is not. In Serbia, sustainable business is sometimes…
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity by 2030 that governments set at the COP28…