Renewable energy is becoming less expensive than coal

Renewable Energy Cheaper than Coal

New report highlights the increasingly affordable nature of renewable energy Unsubsidized wind and solar power have become the least expensive forms of new energy generation. A new report from the United Nations and Bloomberg New Energy Finance shows that renewable energy experienced a significant reduction in cost last year. As clean power systems begin to not rely on subsidies from governments, the electricity they generated is becoming less expensive than that generated by coal. Cost of clean power is falling quickly According to the report, the total cost of generating…

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Renewable energy space may not be affected by Trump presidency

Renewable Energy News - Donald Trump

The global renewable energy sector may continue to thrive even without support from the US The global renewable energy community has expressed concern over the changing political landscape in the United States. Donald Trump has become the President of the United States and he has vowed to revitalize the coal and oil industries. At the same time, renewable energy may lose some support from the federal government, as incoming federal officials intend to show more support for fossil-fuels and limit environmental regulations in the coming years. Despite this, however, renewable…

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US joins ambitious climate change agreement

President Obama agrees to climate change agreement alongside China Over the weekend, President Barack Obama officially included the United States into the Paris climate change agreement. This brings the agreement another step closer to taking effect throughout the world. President Obama agreed to the pact alongside Chinese President Xi Jinping during his visit to China. The two countries signed documents committing them to the climate change agreement, with these documents then being turned over to the United Nations. US and China will work to reduce emissions in the coming years…

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World leaders embrace Paris Agreement to fight climate change

Governments have made a deal to work together to combat climate change in the coming years World leaders have agreed to a deal to fight climate change and mitigate the rise of global temperatures. Leaders representing a wide range of countries met in France to discuss the deal, now called the Paris Agreement. The deal had been gathering strong support before world leaders arrived in France to discuss it, with the United Nations suggesting that the agreement could have a major, beneficial impact on the global environment. Paris Agreement will…

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Germany and France are leading the way in solar energy

Solar energy is gaining momentum in Europe Germany and France may become leaders of solar energy in Europe, despite their traditionally cloudy climates. In Germany, thousands of buildings have had solar panels installed, with these energy systems providing approximately 7% of the country’s energy last year. France is seeing similar results, especially as solar energy begins to grow more prominent throughout the country. Both Germany and France are growing more aggressive concerning solar power, which may secure the growth of this sector in the coming years. World leaders are looking…

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Hydrogen Fuel is the Future

HydrogenFuelNews.com has released the results of its latest survey. The survey questioned readers about what they believed would be the dominant form of renewable energy within the next 10 years. Survey respondents claimed that hydrogen fuel will become the form of energy that meets much of the world’s power and industry needs over the next decade, with hybrid energy systems and solar following behind. Approximately 27% of respondents believe that hydrogen fuel cells will begin playing a major role in the world’s energy make up within a decade. Many believe…

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US and China pledge action on climate change

UN summit sees US and China announce intentions to combat climate change in the coming years During a special United Nations summit held in New York City earlier this week, President Barack Obama and Chinese Vice Premier Zhang Gaoli pledged to fight climate change. During the summit, the Global Carbon Project showcased a report that suggested the world was on track to experience the worst case scenario of climate change. The report predicted that global temperatures would rise by an average of 41 degrees Fahrenheit by 2100, which would be…

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Worst case scenario climate change may be unavoidable

Report on climate change predicts a troubling future Leaders from around the world flocked to New York City earlier this week to attend a special, one-day United Nations summit on climate change. The gathering focused on a report from the Global Carbon Project, which shows that the world is on course to experience the worst case scenario of climate change. Despite the efforts that several countries have made to mitigate the effects of climate change, it may be too late to avoid the devastating consequences of this phenomenon. Not enough…

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The Politics of Renewable Energy

Renewable energy has captured the attention of the world. Many countries are looking for ways to break their reliance on fossil-fuels and reduce the harmful emissions that they produce every year. Clean energy has become a tool through which countries can establish energy independence and sustainability. The problem is, however, that the adoption of clean energy is slow and many prominent countries are not as eager to reduce their use of fossil-fuels as they claim to be. Politics is one of the reasons for this. In 2011, the Intergovernmental Panel…

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Green technology investments fall around the world

Investments in clean technology are diminishing globally The United Nations has released data concerning investments in green technology. According to this data, investments are dropping quickly across the entirety of the renewable energy spectrum. The exact reason behind this drop in investments is, of course, multi-faceted and involves the economic fragility in Europe and other countries as well as shifting political positions on the issue of climate change. According to the United Nations, if investments in clean technology do not quadruple within the coming years, there may be no way…

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California sees success in cap-and-trade auction

cap-in-trade California

Cap-and-trade auction finds success in California Over the past several weeks, many of the world’s largest nations have been preparing to meet in Qatar for the latest climate change conference hosted by the United Nations. The conference — COP-18 — is meant to address several issues concerning climate change and what can be done to mitigate the phenomenon. While countries have been working to prepare for the conference, California has made aggressive strides in its attempts to reduce carbon emissions through its ambitious cap-and-trade program. Companies show aggression when bidding…

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Kyoto Protocol to be discussed at upcoming UN meeting

United Nations

UN meeting to focus on climate and the Kyoto Protocol The United Nations will convene to discuss the topic of climate change at the end of November. Once again, the Kyoto Protocol will receive some attention from the countries that will be participating in the UN meeting in Qatar. The Kyoto Protocol, which was established in 1997, requires wealthy nations to curb their emissions by an average of 5.3% throughout the 2008-2012 period. The emissions levels in these countries are not meant to exceed the levels they had been since…

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UN Clean Development Mechanism now supports coal

Hydrogen fule - carbon capture

UN introduces new rules to Clean Development Mechanism The United Nations has been very concerned for the world’s environment in recent years. The organization has been working to take steps to mitigate the potential effects of climate change. Part of the UN’s efforts take the form of carbon credits associated with the Clean Development Mechanism. This mechanism is designed to help countries achieve sustainable development through the use of clean energy and assist countries reduce the amount of emissions they produce. The Clean Development Mechanism is considered a viable way…

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Massachusetts proposes turning food waste into electricity

Organic Waste

Organic waste could be a promising source of energy Alternative energy is poised to take an interesting turn in Massachusetts. State legislators have proposed regulations that would prevent large companies, restaurants, hospitals, and hotels to discard food waste. This legislation would make Massachusetts the first state in the U.S. to adopt a ban on commercial food waste. If the legislation is successful, this food waste will not sit idle at a landfill. Instead, it will be used to generate electricity for the state. Massachusetts may utilize microbial fuel cells to…

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United Nations panel urges world leaders to take action on clean energy and fossil-fuel subsidies

Renewable Energy Report

A new report from the U.N. Secretary General’s High-Level Panel on Global Sustainability, a panel comprised of 22 high-profile government and business representatives commissioned by the United Nations, calls for governments to phase out subsidies for fossil-fuel projects. The report, titled Resilient People, Resilient Planet: A Future Worth Choosing, suggests that sustainability must be made a top priority as soon as possible. The U.N. panel is calling for acceleration in the adoption of alternative energy and energy efficient practices for the sake of the world. In the report, the panel…

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UN announced 2012 as International Year of Sustainable Energy for All

Alternative Energy

With high hopes for sustainability and major advances being made in clean technology, the United Nations has officially declared 2012 to be an International Year of Sustainable Energy for All. The UN believes that 2012 will mark the end of energy poverty as more developing countries adopt alternative energy systems, such as hydrogen and solar power. While the UN does not believe that all these energy systems will be completely free, the majority of the energy generated through renewable sources will be affordable enough to make it viable for impoverished…

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