- “Scottish Wind Delivers Equivalent of 98% of Country’s October Electricity Demand” • New figures publicized by WWF Scotland on Monday revealed that wind energy generated the equivalent of 98% of the country’s electricity demand in October, or enough electricity to power nearly 5 million homes across the country. [CleanTechnica]
- “Gloomy Prospects in IEA’s Latest World Energy Outlook” • None of the scenarios in the latest International Energy Agency World Energy Outlook show renewables growing fast enough to meet global climate goals. Under current policies, said the IEA, the world would see major increases in energy-related carbon emissions. [Greentech Media]
- “Energy Storage Is a $1.2 Trillion Investment Opportunity Globally and Is Soaring in the UK” • Bloomberg New Energy Finance predicts that the world energy storage market will attract $1.2 trillion in investment and grow to 942 GW by 2040, while in the UK the current pipeline already sits at an impressive 6,874 MW. [CleanTechnica]
- “Big Oil Spent Only 1.3% of Capital Expenditure on Green Energy in 2018” • The world’s largest oil companies spent just 1.3% of their annual budgets on climate change initiatives, a report found. Environmental research charity CDP studied the top 24 publicly listed firms, including oil giants Royal Dutch Shell, Total and BP. [The New Economy]
- “Rising Seas Threaten Hundreds of Thousands of Homes as Building Continues in At-Risk Areas” • Some 386,000 US homes are likely to be at risk of regular flooding by 2050 because of sea-level rise from climate change, under a scenario of unchecked greenhouse gas emissions, according to analysis by Zillow and Climate Central. [MarketWatch]
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