Morgan Stanley: Global oil supply likely to peak earlier than demand
"Global oil supply is likely to peak even earlier than demand, Morgan Stanley said in a research note, based on its analysis on current trends." What does this mean? Investment in new oil and gas is falling because of policies to phase it out. This means the supply of fossil fuels will peak (or has peaked)...
IEA says global CO2 emissions rising again after nearly 6% fall last year
"Global carbon dioxide emissions dropped by 5.8% in 2020 as the COVID-19 pandemic slowed economic activity, but they rebounded at the end of the year and are on course to rise further, the International Energy Agency said on Tuesday." Whilst economic growth is sought to reduce national deficits following...
Source: reuters.com
A Promising Solar Energy Breakthrough Just Achieved 1,000-Degree Heat From Sunlight: A new startup backed by Bill Gates
A Promising Solar Energy Breakthrough Just Achieved 1,000-Degree Heat From Sunlight: A new startup backed by Bill Gates says it has managed to harness solar energy to greater effect than ever before, generating enough heat from a field of mirrored panels to drive the production of cement, steel and glass...
Source: sciencealert.com
Climate change is corroding our values, says Naomi Klein: The need for fossil fuels is destroying regions and communities,
Climate change is corroding our values, says Naomi Klein: The need for fossil fuels is destroying regions and communities, causing war and famine in the process, argues the activist and author
Source: theguardian.com
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