Climate Change
🏭 Coal power in the richest countries peaked in 2007 - and has halved since then
OECD countries' coal power production has decreased by 52 percent since the peak in 2007. Over a third of OECD countries are now completely free of coal power. Three-quarters of OECD countries are on track to phase out coal power by 2030.
📈 Solar energy grows fastest in Central and Eastern Europe
Electricity production from solar parks in Central and Eastern Europe increased by 55 percent during the first seven months of 2024 compared to the same period in 2023. Poland and Hungary account for the strongest growth in large-scale solar energy in the region.
🌊 Breakthrough: Seawater becomes fuel without hazardous substances
The company Equatic has created a technology that extracts hydrogen from seawater without producing harmful chlorine. The method can simultaneously remove carbon dioxide from the atmosphere and store it in the ocean.
🧊 They are developing a technology to restore sea ice in the Arctic
The company Real Ice is developing a technology to preserve and restore sea ice in the Arctic. The method uses renewable energy to pump seawater onto the ice and create extra ice layers. Testing of the technology in Arctic conditions will soon begin.
🎈 Startup wants to cool the Earth with lots of balloons
Make Sunsets has released 82 balloons with sulfur dioxide into the stratosphere. Solar radiation management is controversial but could potentially reduce global warming quickly and cost-effectively.
❌ UK closes last coal power plant - end of a 142-year era
The UK will close its last coal power plant in October 2024, marking the end of a 142-year era. Coal's share of electricity production has decreased from 40% in 2012 to zero in 2024, one of the fastest energy transitions in the world.
⚡ Baseload Capital to invest $60 million in geothermal energy - IKEA and Bezos among investors
Baseload Capital secures $60 million in a Series B funding round. Geothermal energy is a renewable energy source that can deliver electricity, heat, and cooling 24 hours a day, all year round.
🏝️ Several atolls are growing despite rising sea levels
Scientists have discovered that many coral islands are growing or maintaining their size despite rising sea levels. Over 1000 islands have been studied and shown surprising resilience to sea level rise.
🏭 Wind and solar energy produce more electricity than coal in the US
Wind and solar energy generated more electricity than coal in the USA during the first seven months of the year. In the USA, almost twice as much solar energy will be added compared to last year.