Eastern Europe / bneGREEN

Planet’s health is in danger zone

by Roberta Harrington in Los Angeles September 20, 2023

Six of nine key planetary ‘health boundaries’ have been crossed, said researchers in a new report.

bneGREEN: The climate crisis is here, the ecosystem is starting to collapse

Ben Aris in Berlin September 12, 2023

The climate crisis is here and the world’s ecosystem has already started to collapse. This summer has been marred by all-time record temperature highs, destructive flash flooding and record storms. Is it too late to stop a disaster?

UN report: two years left to reduce emissions and avoid global disaster, and we probably won't make it

Ben Aris in Berlin September 11, 2023

We have two years to fix the climate and reach the Paris accord emission targets, according to a UN global stocktake report, and we are not going to make it.

bneGREEN: Carbon offset market shrinks

Roberta Harrington in Los Angeles September 6, 2023

Carbon offset markets have decreased for the first time since 2016, with companies such as food giant Nestle, the fashion house Gucci and Shell reducing their purchases of such voluntary offsets.

bneGREEN: ExxonMobil says world will fail to meet Paris goal in 2050

Roberta Harrington in Los Angeles August 30, 2023

Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.

bneGreen: Carbon capture is only a way to make people feel good about continuing emissions

bne IntelliNews August 18, 2023

In recent weeks, the United States has witnessed a surge in carbon capture investment, with major players in the energy sector making significant moves. However, as a technology it remains ineffective.

bneGREEN: Costs surge in offshore wind, rattling the sector

Roberta Harrington in Los Angeles July 26, 2023

Swedish giant utility Vattenfall recently halted a wind farm project, the Norfolk Boreas offshore site off the UK, citing costs that had become inflated by 40%.

bneGREEN: Solar and wind to supply more than 33% of world power by 2030

by Roberta Harrington July 18, 2023

A new analysis by RMI in partnership with the Bezos Earth Fund, reveals that surging solar, wind and battery capacity out to 2030 is now in line with ambitious net-zero scenarios.

Drought threatens this year’s French grain harvest that will fuel global food inflation

Ben Aris in Berlin July 13, 2023

France, the largest wheat exporter in the European Union, is facing the threat of a reduced agricultural output this year due to low rainfall and the risk of drought. The impact of a poor French harvest will ripple out across the world.

bneGREEN: El Nino effects could add to polycrisis woes this year

bne IntelliNews July 12, 2023

The World Meteorological Organisation announced on July 4 that there is a 90% probability of an El Niño event in the second half of this year. That could have a major negative impact on some Emerging Markets.

bneGREEN: Demand soaring, market responding for critical minerals – IEA

by Roberta Harrington in Los Angeles July 12, 2023

Record deployment of clean energy technologies such as solar PV and batteries is propelling unprecedented growth in critical minerals markets, according to a new report by the International Energy Agency.

bneGreen: Confidence in wind industry rocked by quality problems at turbine maker Siemens Gamesa

by Roberta Harrington in Los Angeles June 30, 2023

Quality problems at wind turbine maker Siemens Gamesa – one of the world’s largest – have rocked confidence in the wind sector. This followed a surprise statement by Siemens Energy on widespread issues with wind turbines at its subsidiary.