“The greenest energy is the energy we don’t use,” the World Economic Forum wrote in a report from the sidelines of COP27 back in 2022. The report highlighted the importance of energy efficiency as a central platform of the decarbonization movement. The problem is that energy efficiency isn’t sexy. You can’t garner excitement about it the way that you could over a new cutting-edge energy technology, and it’s a particularly hard sell for investors. It’s hard to make money off of anti-consumerism.…
Authored by Michael Lebowitz via RealInvestmentAdvice.com, Over the last four quarters, Tesla generated total revenue and earnings of $96 billion and $15 billion, respectively. Toyota’s revenue and earnings are roughly three times larger at $299 billion and $44 billion. Yet Tesla’s market cap is more than double that of Toyota. Tesla shares have soared since going public, while Toyota and other major auto manufacturers’ shares have meandered along. Since going public in 2010 at $1.59 (split adjusted)... Читать дальше...
Ethiopia has been gradually developing its renewable energy potential in recent years, adding wind, solar, geothermal, and hydroelectric capacity. In the Horn of Africa, Ethiopia is home to abundant renewable energy sources, with the potential for massive green energy generation if supported by greater investment in the sector. However, the Ethiopian government has come under fire in recent years for the construction of the Grand Ethiopian Renaissance Dam (GERD), which could hinder neighbouring countries’ water sources. Читать дальше...
Carmakers in the United States have been eager to help advance the EV agenda in the past half a decade or so. Ford, GM, and all the European and Japanese majors have poured billions into a whole new lineup of all-electric vehicles in anticipation of mass adoption. Now, they're hitting the brakes. In July last year, the Environmental Protection Agency proposed new, tighter fuel efficiency standards aimed at encouraging greater EV adoption. The proposal was to lift fuel efficiency requirements from... Читать дальше...
The world has come a long way in its decarbonisation efforts across a range of industries in recent years. however, it remains extremely difficult to cut carbon in some hard-to-abate industries. Governments are finding it particularly difficult to reduce the greenhouse gas emissions associated with shipping, aviation, and heavy industry, despite new clean technologies and, in many cases, financial incentives to decarbonise. Although many companies are introducing carbon capture and storage (CCS) technologies and other carbon offset schemes... Читать дальше...
