🏭 🌍 GEM's 10th annual survey of the world’s coal fleet—produced w/@e3g.bsky.social, @reclaimfinance.org, @sierraclub.org & more—returns w/a major milestone:
In 2024, new coal power additions fell to their lowest level in 20 years.
globalenergymonitor.org/report/boom-...
The key trends to know 🧵👇
⚡2024 saw a record 35GW added to India’s power sector, comprising mostly solar PV (24.5GW) and wind (3.4GW).
Great progress, but these additions must grow ~15% per year to meet the 2030 target of 500GW non-fossil capacity 🎯
Read more in our latest briefing globalenergymonitor.org/report/despi...
🌍 Wind & solar capacity grew 20% in 2024, but the world must move faster to get projects online.
Failing to do so could jeopardize the pace & scale necessary for meeting the goal of tripling renewables capacity by 2030 set at #COP28.
Find out more: globalenergymonitor.org/report/wind-...
NEW – China’s construction of new coal-power plants ‘reached 10-year high’ in 2024 | @anikanpatel.carbonbrief.org @creacleanair.bsky.social @globalenergymon.bsky.social
Read here: https://buff.ly/4hQ6VXQ
Inflation Reduction Act + 28 months
My students at Wellesley and I are tracking investments in the US electric vehicle supply chain since the IRA became law on August 16, 2022:
159 newly announced projects
$103 billion in investments
64,490 new jobs announced
A 🧵 #EV #battchatt #energysky
🔎 Still not convinced that the hydrogen bubble needs bursting OR unconvinced hydrogen is just a smokescreen to keep #FossilGas alive?
New Global Energy Monitor report shows that many hydrogen projects
⛓️ are stuck at the announcement phase
🎭 look just like old gas plans
📖 tinyurl.com/5a39dp83
Also, some key clean energy policy news we're keeping an eye on:
✅ A huge federal funding freeze
✅ BOEM cancels offshore wind approval meetings
✅ Idaho Gov. signs energy permitting bill
I wrote 6 years ago that the Interior Dept is the federal engine of the fossil-fuel economy, and there’s no way to address climate change without its overhaul — and now: new hats, same parade inthesetimes.com/article/depa...
