Category: News

What ‘transition’? Renewable energy is growing, but overall energy demand is growing faster Source: CNBC Date: Nov 4, 2021 By Weizhen Tan The world wants to “transition” away from fossil fuels toward green energy, but the difficult reality is this: Dirty fuels are not going away — or even declining — anytime soon. The total… Continue reading What ‘transition’? Renewable energy is growing, but overall energy demand is growing faster

Billionaire Tom Steyer: This type of bitcoin venture is a ‘disaster’ for the environment Source: Yahoo Finance Date: Nov 4, 2021 By Max Zahn While business and world leaders have struck new agreements on the energy transition at the COP26 climate summit in recent days, bitcoin (BTC-USD) has sustained a sky-high price above $61,000.  But concern over… Continue reading Billionaire Tom Steyer: This type of bitcoin venture is a ‘disaster’ for the environment

July 4, 2021 Global electricity demand is growing faster than renewables, driving strong increase in generation from fossil fuels Source: IEA Date: July 14, 2021 By Keisuke Sadamori, IEA Director New IEA report sees 5% rise in electricity demand in 2021 with almost half the increase met by fossil fuels, notably coal, threatening to push… Continue reading Global electricity demand is growing faster than renewables, driving strong increase in generation from fossil fuels