fossil fuel

Cheap offshore wind ‘puts $71bn of Japanese coal assets at risk’

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As renewable energies compete, and beat existing fossil fuel technologies on price, we expect the trend of stranded fossil fuel assets to continue unless countries take a step back and re-evaluate their power generation construction plans. Offshore wind power is on course to be cheaper than coal generation in Japan as soon as 2022, leaving … Read more

Just 10% of fossil fuel subsidy cash ‘could pay for green transition’

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Switching just some of the huge subsidies supporting fossil fuels to renewables would unleash a runaway clean energy revolution, according to a new report, significantly cutting the carbon emissions that are driving the climate crisis. Coal, oil and gas get more than $370bn (£305bn) a year in support, compared with $100bn for renewables, the International … Read more