Nowadays, offshore wind provides only 0.3% of global power generation. However, the last International Energy Agency’s (IEA) Offshore Wind Outlook report concluded that it could meet the world’s demand for electricity 18 times over!
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In spite of its expected 20% population growth in the next decade, the city of Copenhagen is aiming to be the first carbon neutral capital by 2025. While other cities in the world are also trying to move forward in creating a more sustainable future, most have longer-term emission reduction targets and are failing to keep them on track.
Despite what you may find amid the myriads of comments in social media on climate change policies, carbon pricing has been working for a long time. Canada’s Ecofiscal Commission recently released a study revealing six places where carbon pollution pricing works.
A 2013 study (following a 2004 study), quantifying the consensus on the link between anthropogenic greenhouse emissions and global warming, found that 97% of studies agreed humans were causing global warming. As of last week, it reached over 1 million downloads. However, up until last year, approximately 10% of Canadians believed that climate change is a theory that has not been proven and another 20% believed it is was a result of natural causes.
Global energy consumption. Source: National Observer & BP Statistical Review of World Energy 2019
Divestment is not a new concept. For over 4 years, investors and large companies (including some of the largest banks) are starting to view investment in fossil fuels to be risky. The potential for stranded assets is increasing, making them a potential liability.
We often hear about how people living in coastal areas are more exposed to the threat of rising sea-levels . However, earlier this month, while average temperatures were hitting coastal communities in British Columbia, the northern territories have seen abnormal fluctuations in temperature. With a record-breaking heat wave, temperatures in the most northerly community in Nunavut were higher than Victoria, BC (one of the southernmost communities in Canada).
If you want to keep climate change within acceptable limits, you need to bring global emissions to zero within 30 years. This was the message given to governments last year by the IPCC.
The state of New York just passed the most progressive climate bill in the US and one of the most ambitious ones in the world.
A new report by the David Suzuki Foundation shows how Canada can zero out our emissions by the middle of this century. Based on decarbonisation studies in Canada and around the world, it highlights 10 technically feasible options. While the transition will require considerable effort by industry, government, and the Canadian public, the study shows that deep reductions are feasible “while maintaining our quality of life”.