Most of bilateral financing of power plants from China, Japan, US went to fossil fuel projects
Between 2000-2018 three countries financed coal and gas power plants with installed capacity of 243 GW.
California to mandate installation of solar panels for new, renovated buildings
The energy regulator has proposed the installation of PV panels and battery storage for the construction and renovation of all buildings to be mandatory.
G20 countries directed more funds to fossil fuels projects than to renewables
Since the beginning of 2020, the G20 countries have committed at least USD 296 billion for fossil fuels and USD 227 billion for renewables.
UN’s IPCC: Global warming may reach 1.5 degrees already by 2040
Only a drastic CO2 emission cut can prevent the worst global warming scenario, but the 1.5-degree level will still be hit by 2040, IPCC said
CATL’s sodium ion batteries threaten to take over world market from lithium
CATL's sodium ion batteries are entering the market in 2023. They could become more competitive than lithium-based solutions.
Albania, Serbia among 81 Paris Agreement signatories that haven’t sent new emission cut targets
By the July 30 deadline, 110 parties to the Paris Agreement or 58% submitted new or updated nationally determined contributions or NDCs.
Earth Overshoot Day is July 29: resource consumption rebounds after pandemic
After the pandemic caused a decrease in the use of resources in 2020, the world returned to business as usual and matched the worst result ever.
Elon Musk: Tesla fast EV chargers to be made accessible to other brands later in 2021
Elon Musk has confirmed that electric car maker Tesla intends to make its fast chargers available to vehicles from other brands this year.