Connect with us

Energy

G20 Must #StopFundingFossils Ahead of Paris Climate Talks

Published

on

350.org is joining with allies around the world to call on G20 countries to fulfill their commitment to end fossil fuel subsidies and stop other sources of dirty finance.

“The first step to addressing the climate crisis is to stop funding the problem,” said 350.org Executive Director, May Boeve. “Ending fossil fuel subsidies and other dirty finance is the clearest way that G20 countries can help build momentum for the climate talks in Paris. As hundreds of institutions continue to join the fossil fuel divestment movement it’s time for governments to follow suit and stop funding climate destruction.”

This Saturday, November 14, 350.org is joining with Oil Change International and other allies for a #StopFundingFossils day of action, with events planned on nearly every continent:

– In Turkey, a coalition of groups is organizing a rally in the iconic Taksim square issuing a press statement against plans to expand coal development in the country and call for climate justice.

– In Japan, activists will rally outside the Japan Bank for International Cooperation with a giant “carbon bubble” to highlight the risk of continuing to invest in an industry who will find many of its assets stranded as countries start to keep fossil fuels in the ground.

– In Washington, DC and other cities across the United States, climate activists are demonstrating at ExxonMobil stations to call for an end to subsidies and a federal investigation into how Exxon knew about climate change for decades, but spread misinformation and lobbied against any action to address the problem.

– In the Philippines, a forum will be held in Quezon City where 300 students will gather to form a human chain to demonstrate the “Sayonara Coal” campaign which focuses to put a stop to coal projects funded by Japanese governmental and private institutions.

– Indonesia had an early start to the weekend of action with tens of people protesting outside the Japanese embassy in Jakarta on Thursday, which included a group of coal-affected communities. Their call was for an end to Japanese finance of coal projects, which have created severe social and environmental problems in communities across Indonesia.

G20 leaders pledged to phase out fossil fuel subsidies in 2009, but a recent report from the Overseas Development Institute (ODI) and Oil Change International found that G20 countries still provide $452 billion a year in subsidies to the industry–nearly four times the entire amount of global subsidies for renewable energy (and four times the currently unfulfilled pledge to generate $100 billion a year in climate finance by 2020).

350.org is working around the world to mobilize public sentiment against the fossil fuel industry and urge governments to cut their ties. Over the past two years, it has helped expand the fossil fuel divestment movement in North America, Europe and Australia, and is now spreading it to South Africa, Japan and elsewhere. As of September 2015, over 400 institutions representing $2.6 trillion have made some form of divestment commitment. 350.org is currently running a “Divest for Paris” initiative to collect additional pledges ahead of COP21.

Energy

7 New Technologies That Could Radically Change Our Energy Consumption

Published

on

Energy Consumption
Shutterstock Licensed Photo - By Syda Productions | https://www.shutterstock.com/g/dolgachov

Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.

This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?

Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.

New Technologies to Watch

These are some of the top emerging technologies that have the power to reduce our energy demands:

  1. Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
  2. Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
  3. New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
  4. Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
  5. Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
  6. The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
  7. Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.

Making the Investment

All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.

Continue Reading

Energy

Responsible Energy Investments Could Solve Retirement Funding Crisis

Published

on

By

Energy Investments
Shutterstock / By Sergey Nivens | https://www.shutterstock.com/g/nivens

Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.

Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long your retirement savings will last?

Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.

Tip #1: Focus & Determination

Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.

Tip #2: Minimize Spending

One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!

Tip #3: Visualize Your Goal

You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.

Investing in Clean Energy

One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.

With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.

The Future of Green Biz

As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.

Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.

In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!

Continue Reading
Advertisement

Facebook

Trending