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Germany Takes the Lead in Global Race to Net Zero With New Goal - Vimarsana News

Germany Takes the Lead in Global Race to Net Zero With New Goal

Publishing date: May 06, 2021  •  7 hours ago  •  4 minute read  •  An open-cast lignite mine near the coal-fired power station Neurath of German energy giant RWE in Garzweiler, western Germany is shown on March 15, 2021. The German government said on May 5, 2021, it would set more ambitious targets to reduce CO2 emissions after a landmark ruling by the country's top court declared a flagship climate protection law "insufficient". The government now expects to slash emissions by 65 percent by 2030 compared to 1990 levels, going further than the current goal of a 55 percent red...

Germany targets more ambitious 2045 net zero emission goal - Vimarsana News

Germany targets more ambitious 2045 net zero emission goal

Germany plans to pull its net zero goal forward to 2045, responding to a legal rebuke that its current goals violate the rights of youngsters.

It's never been this expensive to finance a new coal power plant — Quartz - Vimarsana News

It's never been this expensive to finance a new coal power plant — Quartz

April 22, 2021 For decades, infrastructure for coal, oil, and gas was seen as a relatively safe investment delivering strong returns, and renewables barely attracted the private sector’s attention. While banks put up trillions of dollars financing new fossil-fuel assets, from mines to power plants, government funds furnished about 50% of the annual investment (pdf) in America’s solar sector as recently as 2004. Today, that equation is reversing. The cost to finance new fossil-fuel infrastructure, especially coal, is rising, while the cost for new renewables is falling fast, according to...

Source: qz.com
The UK's Democratic Deficit is Escalating the Climate Crisis - Vimarsana News

The UK's Democratic Deficit is Escalating the Climate Crisis

England invests far less in wind turbines than Scotland | Karsten Würth, UnSplash 5 April 2021 (openDemocracy)* —  In late 2019, an organism on the edge of life appears to have made the journey from the body of a bat into the bloodstream of a human, and shut down the global economy. Whatever else we may have learned from the pandemic caused by the SARS-CoV-2 virus, it has taught us that, before anything else, we are biological beings. Our lives and deaths are bound to the beings around us. This lesson isn’t new. As capitalism has drilled into the boundaries of the life systems of our pl...

US return to the Paris climate pact welcomed by world leaders - Vimarsana News

US return to the Paris climate pact welcomed by world leaders

London The formal return of the United States to the Paris Agreement on climate change on Friday brings it in line with accelerating action nationally and internationally to ward off climate threats – and could spur more global ambition, analysts said. That may include India setting a net-zero emissions goal, to match similar mid-century targets now declared by many countries from the U.S. to China, Japan, and South Korea, Rachel Kyte, a leading climate and energy expert, told media this week. With Alok Sharma, Britain’s top official for the upcoming United Nations Climate Change Conferen...