In the wake of the historic global economic shutdown in response to the Covid-19 pandemic, governments are unleashing trillions of dollars in a bid to create jobs and spur economic recovery. The scale of this stimulus is unprecedented, in some cases amounting to more than 10% of countries’ gross domestic product. At the same time, an overwhelming number of economists, finance ministers, and business leaders are saying that much of that money needs to help—and certainly not hinder—our ability to cut emissions. If that advice is heeded, these funds will go to emerging technologies that would have sounded like science fiction not so long ago.
Energy Voice 26th May 2020 read more »
More than 40 million healthcare professionals from around the world have urged global leaders to build a healthy, climate-friendly economic recovery from the coronavirus crisis, in an open letter today backed by the World Health Organisation (WHO) among a raft of other influential groups. Signatories to the letter, which collectively represent more than half of the global healthcare and medical workforce, include more than 200 medical groups, marking what its coordinators claim to be the biggest mobilisation across the sector since the run up to the Paris Agreement in 2015.
Business Green 26th May 2020 read more »
Guardian 26th May 2020 read more »
A ban on sales of new petrol and diesel cars should be brought forward by at least five years to 2030 to help to drive a green recovery from the pandemic, according to one of Britain’s biggest energy supply businesses. SSE is calling for the government to accelerate the switch to electric vehicles by accelerating the ban on conventional car sales. The recommendation is one of a set of proposals that the company has submitted to the government, a series that also includes carbon taxes to eliminate emissions from the power sector by 2040. SSE is calling for at least 75 gigawatts of offshore wind farms by 2050 — up from 8.5 gigawatts today — and the development of an “offshore supergrid” to connect projects in the most cost- effective way. It also recommends that consumers be offered interest-free home renovation loans to drive energy efficiency. Alistair Phillips-Davies, 53, chief executive, said it was clear that significant investment would be needed to rebuild the economy in the wake of Covid-19 and that the climate emergency had not gone away, with the government committed to reducing Britain’s emissions to net zero by 2050.
Times 25th May 2020 read more »