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World Sees Record Renewable Energy Growth Despite Fall in Investment
The new capacity comes with a smaller price tag for investors due to the plummeting costs for renewables: average PV solar generation costs dropped 17 percent, while onshore wind dropped 18 percent and offshore wind dropped 28 percent.
Overall, global investment in clean energy fell 23 percent from 2015 levels, even as the world installed a record 139 GW of renewable energy. The report estimates that the collective renewable installation prevented the emission of 1.7 gigatonnes of CO2.
"It's a whole new world: even though investment is down, annual installations are still up; instead of having to subsidize renewables, now authorities may have to subsidize natural gas plants to help them provide grid reliability," Michael Liebreich, chairman of the advisory board at UNEP, said in the report.
For a deeper dive:
Commentary: ThinkProgress, Joe Romm column
EcoWatch Daily Newsletter
It's become a familiar story with the Trump administration: Scientists write a report that shows the administration's policies will cause environmental damage, then the administration buries the report and fires the scientists.
By Jake Johnson
Calling the global climate crisis both the greatest threat facing the U.S. and the greatest opportunity for transformative change, Sen. Bernie Sanders unveiled today a comprehensive Green New Deal proposal that would transition the U.S. economy to 100 percent renewable energy and create 20 million well-paying union jobs over a decade.
The Parties to CITES agreed to list giraffes on Appendix II of the Convention on International Trade in Endangered Species (CITES) today at the World Wildlife Conference or CoP18 in Geneva. Such protections will ensure that all giraffe parts trade were legally acquired and not sourced from the poached giraffes trade and will require countries to make non-detriment findings before allowing giraffe exports. The listing will also enable the collection of international trade data for giraffes that might justify greater protections at both CITES and other venues in the future.
The WHO stressed that more research is needed on the potential health risks of microplastic ingestion. luchschen / iStock / Getty Images Plus
The UN's health agency on Thursday said that microplastics contained in drinking water posed a "low" risk at their current levels.
However, the World Health Organization (WHO) — in its first report on the potential health risks of microplastic ingestion — also stressed more research was needed to reassure consumers.