2020 marked an important milestone in our transition away from coal as a means of producing electricity. In the US, coal power plants experienced the country’s lowest annual coal consumption since 1965, and the fossil fuel is expected to reach levels last seen in the 19th century … [Read more...] about 2020 Coal consumption was lowest in US since 1965
fossil fuels
Renewables surpassed fossil fuels in Europe for the first time in 2020
If you would have told us back in 2015 that Europeans would get more of their electricity from renewable sources rather than fossil fuels in five years' time, we wouldn’t have believed you. Sure, we are optimistic, but such growth in the renewable energy sector seemed … [Read more...] about Renewables surpassed fossil fuels in Europe for the first time in 2020
Study: More coal power plants are being closed than opened
2020 has not been a nice year for coal power. According to a new study, the size of the global coal power fleet fell for the first time on record over the first six months of the year, with more generation capacity shutting than starting operation. Global Energy Monitor, a US … [Read more...] about Study: More coal power plants are being closed than opened
New York to divest massive pension fund from fossil fuels
Environmental activists won an incredible victory this week after the state of New York announced it will divest its $226 billion pension fund from fossil fuels. New York state has the third-largest pension fund in the US, with more than $12 billion having been invested in … [Read more...] about New York to divest massive pension fund from fossil fuels
Mayors from 12 major cities commit to divesting from fossil fuels
Investing in green initiatives could accelerate an economic recovery from the Covid-19 pandemic, but if the federal government isn’t willing to divest from fossil fuels, then it’s up to local governments to do so. Recently, mayors of 12 major cities signed C40’s “Divesting from … [Read more...] about Mayors from 12 major cities commit to divesting from fossil fuels
