
Articles
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1 month ago |
ciphernews.com | Bill Spindle
Clean energy grew virtually everywhere last year, but especially in China. Investments in the global energy transition crossed $2 trillion for the first time in 2024, yet the pace — 11% higher than a year earlier — was slower than other recent years, according to a from BloombergNEF. What’s more, total global investment levels are running far off the pace of what would be needed to reach net-zero emissions by 2050. That would require 63% more investment than actually took place, BNEF said.
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1 month ago |
ciphernews.com | Bill Spindle
HOUSTON — Attending the CERAWeek by S&P Global energy conference last week for the first time in nearly a decade felt like “Back to the Future” meets “Rip Van Winkle” for me. It turns out the more things stay the same, the more they change. Back when I attended the event in 2016, the oil market was center stage.
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1 month ago |
ciphernews.com | Bill Spindle
HOUSTON — More, more, more … That’s been the mantra of CERAWeek by S&P Global this year, the giant energy conference held annually in Houston. For more than a decade now, everyone from President Barack Obama to the heads of major oil companies have espoused a more-of-everything approach to energy policy, almost ritually calling for the whole array of sources, from oil and gas to renewables.
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1 month ago |
ciphernews.com | Bill Spindle
Despite political turmoil and economic uncertainty, costs of renewable energy worldwide are still declining — and those decreases could accelerate, according to an analysis from BloombergNEF published February 4. The costs of clean power technologies such as wind, solar and battery storage are expected to dip 2% to 11% this year, even more than last year’s average decline, BNEF said.
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1 month ago |
ciphernews.com | Amena Saiyid |Bill Spindle
HOUSTON — Clean energy technologies long considered compatible with oil and natural gas and closely associated with Republicans are likely to have a leading edge in the United States under President Donald Trump, who opposes traditional renewable solar and wind energy technologies.
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