Economics

Back to homepage

Renewables are booming in oil country

The rapid growth of the renewable energy sector has been astonishing. Renewables have been the fastest-growing sources of energy worldwide – and we’re seeing solar power coming in first as the fastest-growing source altogether. Tech companies in particular have been

Read More

Oil spill now larger than Paris ravages indonesian island

An oil spill in Borneo that began over the end of March has now spread across an area greater than the city of Paris and is heading out to the open ocean, the Indonesian government said. The spill, first reported

Read More

Fears of another Fukushima as Tepco plans to restart world’s biggest nuclear plant

If a single structure can define a community, for the 90,000 residents of Kashiwazaki town and the neighbouring village of Kariwa, it is the sprawling nuclear power plant that has dominated the coastal landscape for more than 40 years. When

Read More

Utility CEO: new renewables will be cheaper than existing coal plants by the early 2020s

It is difficult to exaggerate just what a sea change has taken place in the discussion of renewable energy in recent years. Oldsters like me remember when the idea that (unsubsidized) renewable energy would be able to compete directly with

Read More

China aims to stop renewable energy being wasted by 2020

China aims to prevent power generated by its renewable energy sector being wasted by 2020, the country’s National Energy Administration (NEA) said. Power from wind, solar and hydro plants is often wasted as there is not enough transmission capacity to

Read More

Unlocking energy savings from buildings

The past decade has seen major changes across the energy sector, from the emergence of solar PV or shale oil and gas to electric vehicles and high-efficiency lighting. But one sector has seen very little change. The building sector represents

Read More

Most expensive year on record for US natural disasters

The US experienced a record year of losses from fires, hurricanes and other weather related disasters in 2017, according to the US National Oceanic and Atmospheric Administration (Noaa). Total losses amounted to $306bn the agency said, over $90bn more than the

Read More

Newcastle: world’s biggest coal export port announces shift away from coal

Newcastle, the world’s largest coal export port, must “urgently” diversify its traffic, the port’s incoming chairman has said, warning that the “long-term outlook for coal is a threat to the port”. The move has been received as a significant sign

Read More

Ten facts about solar energy that might surprise you

After decades of development and political debate about solar energy, the industry is finally ready to stand on its own. Solar power projects around the world are beating fossil fuels on price without subsidies, and each time they do, the

Read More

Devastating climate change could lead to 1m migrants a year entering EU by 2100

Climate change will drive a huge increase in the number of migrants seeking asylum in Europe if current trends continue, according to a new study. The number of migrants attempting to settle in Europe each year will triple by the

Read More