Renewable energy may play a huge part in helping to achieve the ambitions of the Paris Agreement, now in force and under discussion at COP22 climate talks in Marrakesh, writes Steffen Böhm. But it can never be the whole story, and nor does it relieve the need for deeper changes in how the world works.
Ecologist 7th Nov 2016 read more »
Shares in the world’s biggest maker of wind turbines plunged amid fears that a Donald Trump presidency will be disastrous for the renewable energy industry. Danish firm Vestas fell as much as 14 per cent before regaining some losses to trade 6.6 per cent lower at 440.20 kroner (£52.60). Vestas shares had already lost ground as the race tightened in the days before the vote. Wind turbines are given generous subsidies in the US, as the world’s biggest per-capita polluter attempts to reduce its carbon output. However, Mr Trump’s aggressively pro-business, anti-government stance puts any government assistance under threat. Mr Trump’s manifesto promises an “energy revolution ” which he will bring about by unleashing “America’s $50 trillion in untapped shale, oil, and natural gas reserves, plus hundreds of years in clean coal reserves”.
Independent 9th Nov 2016 read more »