By Jessica Corbett
A leading environmental advocacy group marked Native American Heritage Month on Wednesday by urging President-elect Joe Biden, Vice President-elect Kamala Kamala Harris, and the entire incoming administration "to honor Indigenous sovereignty and immediately halt the Keystone XL, Dakota Access, and Line 3 pipelines."
- Climate Crisis: What We Can Learn From Indigenous Traditions ... ›
- 10 Organizations Honoring Native People on Thanksgiving ... ›
- Biden Vows to Ax Keystone XL if Elected - EcoWatch ›
EcoWatch Daily Newsletter
By Jake Johnson
Amid reports that oil industry-friendly former Energy Secretary Ernest Moniz remains under consideration to return to his old post in the incoming Biden administration, a diverse coalition of environmental groups is mobilizing for an "all-out push" to keep Moniz away from the White House and demand a cabinet willing to boldly confront the corporations responsible for the climate emergency.
Like many other plant-based foods and products, CBD oil is one dietary supplement where "organic" labels are very important to consumers. However, there are little to no regulations within the hemp industry when it comes to deeming a product as organic, which makes it increasingly difficult for shoppers to find the best CBD oil products available on the market.
Charlotte's Web<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDcwMjk3NS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY0MzQ0NjM4N30.SaQ85SK10-MWjN3PwHo2RqpiUBdjhD0IRnHKTqKaU7Q/img.jpg?width=980" id="84700" class="rm-shortcode" data-rm-shortcode-id="a2174067dcc0c4094be25b3472ce08c8" data-rm-shortcode-name="rebelmouse-image" alt="charlottes web cbd oil" /><p>Perhaps one of the most well-known brands in the CBD landscape, Charlotte's Web has been growing sustainable hemp plants for several years. The company is currently in the process of achieving official USDA Organic Certification, but it already practices organic and sustainable cultivation techniques to enhance the overall health of the soil and the hemp plants themselves, which creates some of the highest quality CBD extracts. Charlotte's Web offers CBD oils in a range of different concentration options, and some even come in a few flavor options such as chocolate mint, orange blossom, and lemon twist.</p>
- Best CBD Oils of 2020: Reviews & Buying Guide - EcoWatch ›
- Best CBD Oil for Pain Management - Top 10 CBD Oil Review 2020 ... ›
- Best CBD for Dogs 2020 - Organic CBD Oil for Pets - EcoWatch ›
A coalition launched the Zero Emission Transportation Association on Tuesday with plans to push for 100% EV sales across all sectors by 2030.
Living in an energy-efficient home does not just save money on utility bills. A well-insulated, weather-tight house holds heat longer than one that's poorly insulated and drafty.
- How Sweden Is Transforming Homes Into Power Stations - EcoWatch ›
- Large U.S. Homes Create Bigger Carbon Footprint, New Study Shows ›
- California's First Zero Net Energy Community Is a Model for Future ... ›
By Nik Martin
In April, the price of oil turned negative for the first time in history, just after the coronavirus pandemic hit. As lockdowns were ordered across the world, demand for black gold plummeted, prompting producers to literally pay buyers to take the commodity off their hands.
Investment Slashed, Jobs Cut<p>Exxon, once the world's largest publicly traded oil and gas company, said in the summer that capital expenditure would shrink by 20%, and just last week, announced it would cut 15% of its workforce — shedding some 50,000 jobs. Chevron, Royal Dutch Shell, BP and others have made similar moves, with most slashing investor dividends for the first time in years.</p><p>"The next few years are going to be very difficult," Helal Miah, investment research analyst at The Share Centre, told DW. "But the oil majors have done it before. During the financial crisis, these companies were very good at slashing costs."</p><p>Dozens of smaller firms, however, will struggle to survive. The <em>New York Times</em> reported that more than 50 North American oil and gas companies had already sought bankruptcy protection this year. Many of them took huge risks and even bigger loans to try to compete with the majors.</p><p>This fall, the second wave of the pandemic has forced renewed lockdowns across Europe and will likely prompt a more robust response from US President-elect Joe Biden, who has vowed to create a pandemic task force as soon as he takes office in January. Those measures could cause a further shakeout.</p><p>"The longer the pandemic goes on, the more we'll see the smaller and mid-cap sized oil companies go under, or be taken over by the larger ones," Miah added.</p><p>ConocoPhillips last month bought the independent exploration firm Concho Resources, days after Chevron completed the takeover of rival Noble Energy.</p>
Peak Demand or Bottom of Cycle?<p>Some analysts believe global oil demand may have already peaked, while others believe that if oil prices haven't already, they are close to bottoming out. Seven months on from the unprecedented negative oil price shock, West Texas Intermediate (WTI) crude, one of the benchmarks for calculating oil prices, stood at $38.15 on Monday.</p><p>The price is still 67% lower than its 2014 peak of $114 a barrel, but closer to the $50 that most large oil companies need to break even. Exxon needs prices of around $75, according to analysts. All the same, the oil majors are not expected to reach their pre-COVID profitability levels until at least the end of 2022.</p><p>Already facing pressure to lead the energy transition and help the world ween itself off its fossil fuel addiction, oil giants have vowed to exploit the crisis to speed up investments in renewable energies.</p><p>"Prior to COVID this [energy transition] was a gradual trend," Peter Hitchens, oil analyst at the London-based Progressive Research, told DW. "The question is will COVID accelerate this trend?"</p><p>European firms like France's Total, the UK's BP and the Anglo-Dutch giant Shell have already begun to prioritize renewable energy, and plan to reduce greenhouse gas emissions to net zero by 2050. BP and Shell have announced major offshore wind projects this year.</p>
US Oil Giants Shield by Trump<p>Their US counterparts, on the other hand, have enjoyed protection from outgoing US President Donald Trump's climate skepticism and continue to focus on their traditional oil and gas businesses. If the Biden administration reenters the Paris Climate Agreement, from which Trump withdrew six months after taking office, it will likely put pressure on American oil majors, although it is unlikely to curtail the drilling for hard-to- reach oil through fracking.</p><p>Biden has also hinted at building ties with OPEC members Iran and Venezuela, which are currently subject to harsh sanctions on their oil trade. The Democrats' plan for a huge infrastructure plan, dubbed the Green New Deal, to meet the climate change challenge will still require oil prices to be high enough to make clean energy alternatives to fossil fuels competitive.</p><p>Despite their moves to step up investment in renewables, the Share Centre's Miah sees oil firms still mostly profiting from fossil fuels in the medium term,</p><p>"If we look a decade ahead, I would say that they will still be majority oil and gas companies rather than renewables-focused," he told DW. He added that most investors still see oil as a sensible way of achieving "good, solid returns."</p>
Investors Give Wide Berth<p>Some major London-based institutional investors have taken a different view, however. Asset managers Fidelity International and Sarasin & Partners have blacklisted the likes of Shell and BP over concerns that the green shift will cripple profits.</p><p>Last month, the <em>Daily Mail</em> reported that several asset managers have written to the oil majors requesting full transparency on the true value of their assets, including oil fields, which they claim could be rendered worthless if a slump in oil demand became more permanent.</p><p>Others, like Hitchens, see the fortunes of the oil industry tied in with the duration of the pandemic and how quickly oil demand recovers, once business and everyday life return to normal.</p><p>"The performance will very much reflect the movement in oil prices" and "very much depends on the economic recovery after COVID," he told DW.</p><p>Other analysts are more bullish and think big oil firms, with their deep pockets, have the strength to ride out their worst crisis. They say they'll likely acquire renewable energy firms and continue to thrive despite likely flat oil demand.</p><p><em>Reposted with permission from <a href="https://www.dw.com/en/how-are-oil-companies-dealing-with-the-shift-to-renewables/a-55542378" target="_blank">Deutsche Welle</a>.<a href="https://www.ecowatch.com/r/entryeditor/2648827745#/" target="_self"></a></em></p>
By Kayla Wiles
What if paint could cool off a building enough to not need air conditioning?
<span style="display:block;position:relative;padding-top:56.25%;" class="rm-shortcode" data-rm-shortcode-id="835862ffe8b025c2f0ae633c999ecb08"><iframe lazy-loadable="true" src="https://www.youtube.com/embed/caFzYvYAUo4?rel=0" width="100%" height="auto" frameborder="0" scrolling="no" style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></span><p>The paint would not only send heat away from a surface, but also away from Earth into deep space where heat travels indefinitely at the speed of light. This way, heat doesn't get trapped within the atmosphere and contribute to global warming. A video about this project is available on <a href="https://www.youtube.com/watch?v=caFzYvYAUo4&feature=youtu.be" target="_blank">YouTube</a>.</p><p>"We're not moving heat from the surface to the atmosphere. We're just dumping it all out into the universe, which is an infinite heat sink," said Xiangyu Li, a postdoctoral researcher at the Massachusetts Institute of Technology who worked on this project as a Ph.D. student in Ruan's lab.</p><p>Earth's surface would actually get cooler with this technology if the paint were applied to a variety of surfaces including roads, rooftops and cars all over the world, the researchers said.</p>
An infrared camera image shows that white radiative cooling paint developed by Purdue University researchers (left, purple) can stay cooler in direct sunlight compared with commercial white paint. Purdue University image / Joseph Peoples<p>In a paper published Wednesday (Oct. 21) in the journal <a href="https://doi.org/10.1016/j.xcrp.2020.100221" target="_blank">Cell Reports Physical Science</a>, the researchers show that compared with commercial white paint, the paint that they developed can maintain a lower temperature under direct sunlight and reflect more ultraviolet rays.</p><p>Their proof is infrared camera images taken of the two paints in rooftop experiments.</p><p>"An infrared camera gives you a temperature reading just like a thermometer would to judge if someone has a fever. These readings confirmed that our paint has a lower temperature than both its surroundings and the commercial counterpart," Ruan said.</p><p>Commercial "heat rejecting paints" currently on the market reflect only 80%-90% of sunlight and cannot achieve temperatures below their surroundings. The white paint that Purdue researchers created reflects 95.5% sunlight and efficiently radiates infrared heat. </p>
- Paint: The Big Source of Ocean Microplastics You Didn't Know About ›
- Researchers Develop Solar Paint That Turns Water Vapor Into ... ›
- Can Reflective Roofing Save Energy and Help the Environment? ›
Construction can continue on most of the controversial Mountain Valley Pipeline (MVP), the Federal Energy Regulatory Commission (FERC) ruled Friday.
- North Carolina Denies Key Water Permit to Mountain Valley Pipeline ... ›
- With Treetop Protest, 61-Year-Old Red Terry Leads Fight Against ... ›
By Tara Lohan
Maybe we can blame COVID-19 for making it hard to hit the streets and gather signatures to get initiatives on state ballots. But this year there are markedly fewer environmental issues up for vote than in 2018.
While the number of initiatives may be down, there's no less at stake. Voters will still have to make decisions about wildlife, renewable energy, oil companies and future elections.
Here's the rundown of what's happening where.
Return of an Apex Predator<p>Wolves are on the ballot in Colorado. <a href="https://leg.colorado.gov/ballots/reintroduction-and-management-gray-wolves" target="_blank" rel="noopener noreferrer">Proposition 114</a> would require the state's Parks and Wildlife Commission to create a plan by 2023 for the reintroduction and management of gray wolves (<em>Canis lupus</em>) in areas west of the continental divide.</p><p>Gray wolves once roamed across the western United States but were mostly eradicated by the 1930s. Slowly efforts are being made to bring them back. The reintroduction of gray wolves to Yellowstone National Park in 1996 has been hailed as a <a href="https://www.theguardian.com/environment/2020/jan/25/yellowstone-wolf-project-25th-anniversary" target="_blank" rel="noopener noreferrer">rewilding success</a>.</p><p>"The argument is that by putting back in wolves — an apex predator that has evolved alongside their prey species — we're putting things back into ecological balance," University of Colorado Boulder ecology professor Joanna Lambert <a href="https://therevelator.org/wolf-reintroduction-colorado/" target="_blank">told <em>The Revelator</em></a> in a February interview about the science behind wolf reintroductions.</p><p>The Rocky Mountain Elk Foundation and the Colorado Farm Bureau are two of the top donors to the opposition groups.</p><p>The measure does include compensation for losses of livestock caused by gray wolves.</p><p>"What we're all hoping for is a landscape where we can coexist with the species that were originally here, but also acknowledging that humans need to make a living and that the costs of this initiative will be felt by some folks more than others," Lambert said.</p>
Confusion Over Clean Energy<p>In Nevada voters will take a second swing at a constitutional amendment to require that electric utilities source 50% of their electricity from renewables by 2030. Voters passed the same measure, <a href="https://www.nvsos.gov/sos/home/showdocument?id=8826" target="_blank">Question 6</a>, in 2018, but state law requires that constitutional amendments be passed in two consecutive even-numbered election years.</p><p>More clean energy for the state may seem good. But there's concern that enshrining 50% renewables by 2030 in the state's constitution isn't that ambitious and it will make it harder to continue the push for 100% renewables in the future. To do that would be another constitutional amendment that would again take four years and two consecutive ballot wins to move the needle.</p><p>Also, the state is already on its way to the same renewable goal.</p><p>A legislative effort to achieve 50% renewables by 2030 — but with a slightly different timeline for the increments to get there — was signed into law in April 2019 by Nevada Gov. Steve Sisolak. Renewable advocates hope the state will do even better than that benchmark, but passing Question 6 would make it harder.</p>
Paying a Fair Share<p>If California's <a href="https://www.sos.ca.gov/elections/ballot-measures/qualified-ballot-measures/" target="_blank">Proposition 15</a> passes, commercial and industrial properties will need to start paying taxes based on their current market value, instead of paying based on the purchase price from decades prior (which stems from Proposition 13 passed back in 1978). The initiative would exempt agricultural land, small businesses, renters and homeowners.</p><p>Reassessing the worth of large commercial properties could bring in between $7.5 billion and $12 billion a year that would go toward supporting local governments, school districts and community colleges.</p><p>Most of the <a href="https://ballotpedia.org/California_Proposition_15,_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020)" target="_blank">opposition</a> has come from big business and anti-taxation groups.</p><p>The California Teachers Association Issues PAC is the biggest supporter of the effort, but a number of <a href="https://www.yes15.org/endorsers-environment" target="_blank" rel="noopener noreferrer">environmental groups</a> have also endorsed the measure, which would likely see oil companies and other big industrial polluters having to kick in more money.</p><p>"The oil industry has used Prop. 13 loopholes to evade tens of millions of dollars in property taxes," <a href="https://www.nrdc.org/experts/victoria-rome/nrdc-announces-support-californias-proposition-15" target="_blank" rel="noopener noreferrer">wrote Victoria Lome</a>, California legislative director for the Natural Resources Defense Council. "Companies like Chevron, Exxon, Phillips 66, Shell and Tosco are paying taxes based on assessments taken prior to 2000. Prop. 15 would end this hidden subsidy to dirty energy."</p><p>Oil companies could stand to lose in Alaska, too. Voters there will weigh in on <a href="https://ballotpedia.org/Alaska_Ballot_Measure_1,_North_Slope_Oil_Production_Tax_Increase_Initiative_(2020)" target="_blank" rel="noopener noreferrer">Ballot Measure 1</a>, which would increase taxes on big oil producers (those that have produced more than 400 million barrels overall or 40,000 barrels a day in the past year) operating in three established oil fields in the North Slope.</p>
Taking the Wind Out of the Sails of the Electoral College<p>Colorado's <a href="https://leg.colorado.gov/ballots/adopt-agreement-elect-us-president-national-popular-vote" target="_blank">Proposition 113</a> isn't about environmental issues directly but could cause big shifts in how presidential elections are run and what states and issues are considered important.</p><p>The initiative would add Colorado to the <a href="https://www.nationalpopularvote.com/written-explanation" target="_blank">National Popular Vote Interstate Compact</a>. That effort is aimed at ensuring the presidential candidate who wins the popular vote wins the election. It doesn't eliminate the Electoral College, but it saps its power.</p><p>The compact needs states representing at least 270 Electoral College votes to go into effect. It's currently at 196.</p><p>If Colorado's proposition is passed, and if the National Popular Vote Interstate Compact eventually gets enough votes to go into effect, then Colorado's nine electoral votes would go to the presidential candidate who wins the popular vote, not to the one who gets the most votes in Colorado.</p>
- 5 Key Environmental Ballot Measures to Track at Your Election ... ›
- Trump Is Losing Farmer Support. Will They Swing the Election ... ›
- The Environment Is on the November Ballot — Here's Where and ... ›
- Will Colorado Bring Back Wolves? It’s Up to Voters - EcoWatch ›
- Colorado Votes to Reintroduce Wolves, Approving Historic Ballot Initiative - EcoWatch ›
- 7 Environmental Takeaways From the 2020 Election Season - EcoWatch ›
- The Biggest Environmental Wins and Losses of the 2020 Election - EcoWatch ›
By Harry Kretchmer
By 2030, almost a third of all the energy consumed in the European Union must come from renewable sources, according to binding targets agreed in 2018. Sweden is helping lead the way.
Sweden is a world leader in renewable energy consumption. Swedish Institute/World Bank
Naturally Warm<p>54% of Sweden's power comes from renewables, and is helped by its geography. With plenty of moving water and 63% forest cover, it's no surprise the <a href="https://sweden.se/nature/energy-use-in-sweden/#" target="_blank">two largest renewable power sources</a> are hydropower and biomass. And that biomass is helping support a local energy boom.</p><p>Heating is a key use of energy in a cold country like Sweden. In recent decades, as fuel oil taxes have increased, the country's power companies have turned to renewables, like biomass, to fuel local 'district heating' plants.</p><p>In Sweden these trace their <a href="https://www.sciencedirect.com/science/article/pii/S0360544217304140#fig3" target="_blank">origins back to 1948</a>, when a power station's excess heat was first used to heat nearby buildings: steam is <a href="https://www.sciencedirect.com/topics/engineering/district-heating-system" target="_blank">forced along a network of pipes</a> to wherever it's needed. Today, there are around 500 district heating systems across the country, from major cities to small villages, providing heat to homes and businesses.</p><p>District heating used to be fueled mainly from the <a href="https://www.sciencedirect.com/science/article/pii/S0360544217304140" target="_blank">by-products of power plants</a>, waste-to-energy plants and industrial processes. These days, however, Sweden is bringing more renewable sources into the mix. And as a result of competition, this localized form of power is now the country's<a href="https://www.sciencedirect.com/science/article/pii/S0360544217304140#fig3" target="_blank" rel="noopener noreferrer"> home-heating market leader.</a></p>
Sweden is using smart grids to turn buildings into energy producers. Huang et al/Elsevier
Energy ‘Prosumers’<p>But Sweden doesn't stop at village-level heating solutions. Its new breed of energy-generation takes hyper-local to the next level.</p><p>One example is in the city of Ludivika where 1970s flats <a href="https://www.buildup.eu/sites/default/files/content/transforming-a-residential-building-cluster-into-electricity-prosumers-in-sweden.pdf" target="_blank">have recently been retrofitted with the latest smart energy technology</a>.</p><p>48 family apartments spread across 3 buildings have been given photovoltaic solar panels, thermal energy storage and heat pump systems. A micro energy grid connects it all, and helps charge electric cars overnight.</p><p>The result is a cluster of 'prosumer' buildings, producing rather than consuming enough power for 77% of residents' needs. With <a href="http://www.diva-portal.org/smash/get/diva2:1232060/FULLTEXT01.pdf" target="_blank" rel="noopener noreferrer">high levels of smart meter usage</a>, it's a model that looks set to spread across Sweden.</p>
<div id="d7bf9" class="rm-shortcode" data-rm-shortcode-id="8757b138d5570bec9d6aad18074a429a"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1273556364263071744" data-partner="rebelmouse"><div style="margin:1em 0">Read more about Western Harbour and book a visit: https://t.co/ujSmVs9rNK 🏡🌳🌊 https://t.co/C5PuPziqIM</div> — Smart City Sweden (@Smart City Sweden)<a href="https://twitter.com/SmartCitySweden/statuses/1273556364263071744">1592474473.0</a></blockquote></div>
Scaling Up<p>A recent development by E.ON in Hyllie, a district on the outskirts of Malmö, southern Sweden, <a href="https://www.eonenergy.com/blog/2019/February/sweden-smart-city" target="_blank">has scaled up the smart grid principle</a>. Energy generation comes from local wind, solar, biomass and waste sources.</p><p>Smart grids then balance the power, react to the weather, deploying extra power when it's colder or putting excess into battery storage when it's warm. The system is not only more efficient, but bills have fallen.</p><p>Smart energy developments like those in Hyllie, Ludivika, and renewable-driven district heating, offer a radical alternative to the centralized energy systems many countries rely on today.</p><p>The EU's leaders have a challenge: how to generate 32% of energy from renewables by 2030. Sweden offers a vision of how technology and local solutions can turn a goal into a reality.</p>
- Sweden to Become One of World's First Fossil Fuel-Free Nation s ... ›
- These Countries Are Leading the Transition to Sustainable Energy ... ›
- Sweden Shuts Down Its Last Coal Plant Two Years Early - EcoWatch ›
- Energy-Efficient Homes Better Withstand Power Outages ›
Low-income households and households of color are far more likely to spend a disproportionately high portion of their income on energy bills, according to a new report from The American Council for an Energy-Efficient Economy.
- Natural Disasters Disproportionately Impact Poorer Communities ... ›
- Millions of Americans Face Water Shutoffs During Pandemic ... ›
- Kamala Harris Introduces Environmental Justice Bill in Senate ... ›
- Fighting Climate Change Is a Social Justice Issue Too - EcoWatch ›
By Jo Harper
Only 10% of global energy utility companies are expanding their renewable energy capacity at a faster rate than their gas or coal-fired capacity. That is the main finding of a study by Galina Alova from the Smith School of Enterprise and the Environment at the University of Oxford.
The Matter of Gas<p>The report found that 10% of utilities favored growth in gas-fired power plants, dominated by the US utilities exploiting the country's shale gas reserves, followed by Russia and Germany.</p><p>"Renewables and natural gas often go hand in hand," Alova said, adding that companies often choose both in parallel. "So, it might be just in media reports we are getting this image of investing in renewables, but less coverage on continued investment in gas." </p><p>It might also be the case that gas is viewed as a transition fuel, relatively less carbon emitting and providing load-balancing services to intermittent renewables generation, Alova said.</p><p>Dave Jones, senior electricity analyst for independent climate think tank Ember, agrees with Alova that utilities have hindered the transition by "misunderstanding the future of gas." Utilities have a mindset to build big centralized power plants, replacing a coal power plant with a gas power plant, he said. "Fortunately, most of the gas hype across the world is now dying down, as wind and <a href="https://www.dw.com/en/cheap-solar-energy-prices-explained/a-53590607" target="_blank">solar now provide cheaper options</a> for generating electricity," Jones said.</p>
Green Movement Taking Place<p>Over a fifth of Europe's energy was generated by solar panels and wind turbines in the first half of 2020, according to a report by Ember. Denmark came out on top, generating 64% of its energy from these renewable sources, followed by Ireland (49%) and <a href="https://www.dw.com/en/renewables-make-up-over-half-of-germanys-power-mix/a-52986924" target="_blank">Germany</a> (42%).</p><p>In Ember's half-year review released in July, renewables exceeded fossil fuel generation for the first time ever, producing 40% of the EU's power, with fossil fuels contributing 34%. However, globally only a tenth of all energy was generated by these sources during the first half of 2020. </p><p>Last year saw the use of coal to generate electricity around the world fall by a record 3%. In part due to COVID-19, coal generation in the first half of 2020 again broke records with a drop of 8.3%. In the EU, the drop was higher, as coal energy generation fell by nearly a third.</p>
Slowly Getting There?<p>Utilities have been slow to understand how quickly wind and solar would drop in price, and also how quickly governments would want to move away from coal. "Many utilities have been caught off guard by the speed of the transition, and have suffered financially ever since," said Jones.</p><p>The world this year has generated one-tenth of its electricity from wind and solar, double from the 5% in 2015, and that increase has led to a fall in market share of coal generation, Jones added. </p><p>Valentina Kretzschmar from consultancy Wood Mackenzie says BP's recently announced strategy has created a new industry benchmark. BP plans to increase investment in its low-emission businesses, including renewable energy, by tenfold in the next decade to $5 billion (€4.5 billion) a year, while cutting back oil and gas production by 40%.</p><p>In July, Royal Dutch Shell won a deal to build a wind farm off the coast of the Netherlands, while France's Total has agreed to make several large investments in solar power in Spain and a wind farm off Scotland. Total also bought an electric and natural gas utility in Spain. Shell has said it will <a href="https://www.dw.com/en/mexico-sells-rights-to-19-offshore-oil-fields-for-over-500-million/a-42393559" target="_blank">delay offshore oil fields in the Gulf of Mexico</a> and in the North Sea.</p><p>US giants like Exxon Mobil and Chevron, however, have been slower than their European counterparts to commit to climate goals.</p><p>"I have seen a substantial shift between companies in the fossil fuel clusters toward renewables," Alova said. "This signals that the companies that have been growing fossil fuel portfolios in the earlier time periods might be switching to renewables more recently."</p>
Solar photovoltaic (PV) panels convert sunlight into energy and continue to play an essential role in the fight to stop the climate crisis. As the pioneering panels of the early 2000s near the end of their 30-year electronic lives, however, they are at risk of becoming the world's next big wave of e-waste.
- Is Rooftop Solar Cheaper Than Buying Electricity From the Grid ... ›
- San Francisco Becomes First Major City to Require Solar Panels on ... ›
- Solar Panels Bring a New Vision for Farming - EcoWatch ›
- Designing Batteries for Easier Recycling Could Avert E-Waste Crisis - EcoWatch ›