- 27 August 2024
- Research from BloombergNEF highlights that more than 40% of the world’s electricity came from zero-carbon sources for the first time in 2023; 14% from wind and solar.
- According to a pair of new reports by research provider BloombergNEF (BNEF), for the first time ever, zero-carbon sources made up over 40% of the electricity the world generated in 2023. Hydro power accounted for 14.7%, while wind and solar contributed almost as much at 13.9% – a new record high, whilst nuclear’s share was 9.4%.Power Transition Trends 2024, and the 2H 2024 Renewable Energy Investment Tracker, published by BloombergNEF, indicate that momentum towards clean power has accelerated, with wind and solar representing nearly 91% of net new power capacity additions in 2023 – up from 83% the year before – while fossil fuels including coal and gas represented just 6% of net new build.End excerpt
#
Related Links:
Via the Committee to Unleash Prosperity: Kamala Explains Fracking Flip Flop
There is NO “progress on climate.” Today we get more than 80% of our energy from fossil fuels – which is about exactly where we were five years ago – despite the hundreds of billions spent. …
In 2023 the world burned more fossil fuels than at any other time in history. Here are the facts:
Global energy-related CO2 emissions increased by 1.7%, driven by China and India.
Fossil fuel consumption in 2023 reached a record high, rising by 1.5% to 505 exajoules.
China is by far the world’s largest consumer of primary energy, burning 34% of world consumption 170.7.
Almost no country is meeting their UN anti-fossil fuel targets.
#
Study in journal Science: Only 63 of 1,500 Global Climate Policies of Past 25 Years Worked to Reduce CO2 Emissions – A success rate of 4.2% – Study author: ‘We find that it’s very rare that [subsidies and regulations] really work in reducing emissions.’
Via Study Abstract: “We provide a global, systematic ex post evaluation to identify policy combinations that have led to large emission reductions out of 1500 climate policies implemented between 1998 and 2022 across 41 countries from six continents…We identified 63 successful policy interventions with total emission reductions between 0.6 billion and 1.8 billion metric tonnes CO2.”
Only 63 of 1,500 climate policies were associated with any significant break in carbon dioxide emissions. That’s a success rate of 4.2%. … According to The Wall Street Journal: “By searching through the OECD database, which identifies 46 types of policy interventions, the study’s authors found government policymakers prefer subsidies and regulations, according to [Nicolas Koch, senior researcher at the Berlin-based Mercator Research Institute on Global Commons and Climate Change and an author of the study]. “We see a lot of policy packages built around these two policy types, and we find that it’s very rare that they really work in reducing emissions,” Koch said.
Despite the mandates, subsidies & regs — solar & wind generate only 14% of U.S. electricity in 2022
Bjorn Lomborg: ” The US produces mostly fossil fuel energy (84%). Solar and wind make up just 2.2% of all energy (not just electricity). Over the past decade, solar and wind increased total energy production by 2.1%. Fossil fuels increased energy production by 27.9%.
The US is mostly run on fossil fuels, also in 2023. 82% of all energy (not just electricity) consumed comes from coal, oil and gas. Nuclear is 9%, renewables (mostly biomass) is 9%. Solar and wind contributes 2.5%.
The US, has since 2019, produced more energy than it consumes. And it has never been more energy-independent since WWII. Last time of small energy surpluses was 1957.”
March 5, 2024
Juice: Why Wind and Solar Make Our Power Grid Less Reliable: Excerpt: “Just to produce one turbine, we have to extract 900 tons of steel, 2,500 tons of concrete, and 45 tons of non-renewable plastic. Then we’ve got to transport that and burn fuel, getting it all carried across the world and put up. And none of these things that go into a turbine are renewable.”
‘Coal is now world’s top energy source’ – Coal, no longer shunned, keeps Europe’s lights on
Black Rock’s Larry Fink Admits Green Energy IS A FRAUD! – At the WEF, Larry Fink ironically destroys net-zero when it comes to the power needed for AI: “By 2030 [data centers] need 30 gigawatts.. Where’s that power gonna come from? To power these data companies you can’t have intermittent power like wind & solar”
#
