THIS WEEK
Oil execs embrace clean energy, so does the private sector, and India's ambitious plan for electric cars.
|
|
|
OIL AND GAS
Friends in high places
Meet the Energy Transitions Commission. It' made up of leaders from Shell, BHP Billiton and General Electric Oil and Gas—in short, all-star oil and gas executives—and they have an unambiguous agenda: deep decarbonization.
Their new report focuses on two goals in particular: slashing carbon emissions and increasing energy access to the hundreds of millions of people who still need it. It's hard to argue with that, or with many of their conclusions. For example, that "we must reduce carbon emissions by half by 2040 (compared to a business as usual scenario) with further cuts thereafter to achieve the Paris climate objective—limiting global warming to well below 2°C." Read their report here.
|
|
And speaking of oil companies
Major oil producer Total SA said last week that electric cars could represent up to a third of new car sales by 2030. As Bloomberg New Energy Finance's Colin McKerracher puts it, that forecast is "by far the most aggressive we’ve seen by any of the majors."
|
|
The private sector effect
Nearly half of America's largest companies now have clean energy targets, says a new report. Among companies on the Fortune 500, 48 per cent had renewable targets. Among the top 100, the number is 63 per cent, meaning it's no longer just tech companies buying clean energy.
|
|
On the road
By the year 2025, China anticipates new vehicle sales to the tune of 35 million (ie. about the population of Canada) and aims to have one-fifth of those be for new energy vehicles, such as electric, hybrid and hydrogen cars.
|
|
Trudeau is no Trump
Climate action isn’t just about what we need less of; it’s also about what we need more of. And on that score, Trudeau and Trump are miles apart. Read our latest op-ed, which also ran in the Huffington Post.
|
|
India's ambitious undertaking
India wants to be a country of nothing but (or at least mostly) electric vehicles by the year 2030. Sound overly ambitious? Here's the government's strategy—and how it differs from that of countries like the U.S., Japan and China.
|
|
'Forces of yes'
Six Nations of Grand River isn't just against pipelines—it's also for clean energy solutions. The First Nations company is involved with 17 clean energy projects that could generate $100 million for communities over 20 years. Read the full story.
|
|
The key to the global market
"Canada has the desire and the potential to solve the world’s most intractable cleantech challenges, but there is much to do," says Sustainable Development Technology Canada CEO Leah Lawrence. Find out what those things are.
|
|
A milestone for clean energy
Denmark's clean energy industry will soon be subsidy-free—because it will no longer need them. The country's energy minister said they're a few years out from eliminating all subsidies, a milestone that wasn't expected so soon. "We're now very close to arriving."
|
|
Coal play
B.C. Liberal leader Christy Clark is calling for a ban on U.S. thermal coal from the province's ports—a decision, it should be noted, that is ultimately a federal one. Indeed, there's good reason to think that Clark's letter won't lead to action.
|
|
Clean Energy Review is sponsored in part by Genus Capital Management, a leading provider of fossil-fuel-free investments.
|
|
|
FRONT BURNER
Global Learning Forum 2017
May 17-19 | Vancouver
SPECIAL OFFER: Use code "renewablecities-partner-2017" for 15% off.
At last, an event for urban nerds and climate geeks alike. In May, join Renewable Cities for Global Learning Forum 2017, a three-day dialogue on the transition to 100 per cent renewable energy in cities. More than 400 leaders from the private sector, NGOs, academia, government and utilities will engage on topics such as policy development, building political goodwill, financing and all things green and urban. Learn more.
May 2 | Online
RMI Discussion: Bold Steps in the Race for Clean Energy
In this webinar, Rocky Mountain Institute's Jules Kortenhorst and Amory Lovins—along with special guests—will be examining "bold ideas" to get ahead in the race "against climate change, and toward a clean, prosperous, and secure low-carbon future." Learn more.
Oct. 11-12
Generation Energy: Moving Canada Forward
The Government of Canada will be hosting this event in October. Details are still to come, but in the meantime you can check out the new website, Generation Energy, for easy-to-understand summaries of Canada's energy system. There's even a quiz! Learn more.
|
|
IMAGE & MEDIA CREDITS
Featured photo: Joan Sullivan
|
|
|
|