The Paris climate agreement has sent important market signals, promoting increased investment in renewables and driving down the profitability of fossil fuels.
The 2016 BP energy outlook, published this week, shows the oil company’s views on the shape and direction of energy demand over the next 20 years have barely shifted.
Larry Marshall is right that the question of global warming has been answered. But there are many more climate questions to answer.
With an international agreement in Paris, and record low prices for installed PV, 2015 was a positive year for solar.
Paris deal provides the certainty of a long-term goal with the flexibility of carbon markets – a significant step towards a global level playing field.
The Paris agreement creates a mechanism to ratchet up ambition, and there is reason for optimism that the world can progressively do better.
The world has spoken. It wants to limit future temperatures rises to 1.5C above historic levels. To achieve this everything must change.
As coal stocks slump, fossil lobbies of the world unite to mock and deny the deal that leaves their industry on shakier ground than ever.
Clean energy in the power sector, already outstripping fossil fuel investments, is now set to become the dominant source of electricity around the world.
The Paris climate deal is likely to cost the fossil fuel industry some $44 trillion in lost revenues as investors are forced to rethink new ventures. The renewable energy industry, on the other hand, is likely to get a major boost.
How the world has changed since Paris climate pact
National leaders have yet to sign a new United Nations climate pact, but developments during the three months since the Paris Agreement was finalized have been feverish.