The roadmap predicts that by the 2030s, the sector could boost Australia’s annual GDP by around A$10 billion, create 26,200 jobs and reduce emissions by about 9%.
The goal of carbon neutrality changes everything. Canada can no longer limit itself to solutions that partially reduce emissions here and there. The chosen solution must be zero emissions.
Major international donors, including the US and UK, are pledging to stop funding fossil fuel projects overseas, but they aren’t making the equivalent cuts at home.
Four years after Hurricane Maria wreaked havoc on Puerto Rico, federal money to rebuild its electricity system is finally about to flow. But it may not deliver what islanders want.
Natural gas was once widely seen as a bridge fuel to renewable energy. But the industry’s methane leaks make it a larger global warming threat than people realized.
Nord Stream 2 is a pipeline that will deliver Russian gas to Western Europe – and, by extension, increase Putin’s influence across the continent. That makes Ukraine and some other countries nervous.
Abandoned US oil and gas wells and their associated land cover more than 2 million acres, a recent study estimates – an area larger than Delaware and Rhode Island combined.
Natural gas may still be cheaper than electricity in some cases, but the price of gas is likely to rise if New Zealand follows the Climate Change Commission’s advice to shift to electrification.