Hydrogen Safe’s Post

Financing clean energy is one of the most significant challenges we face today, but it also represents a massive opportunity. 🌱 To meet global climate targets, renewable energy investments need to triple by 2030. This ambitious goal requires innovative financial solutions and strong commitment from both the public and private sectors. 💰 It's time to see this challenge as an opportunity to drive sustainable growth and create a greener future. 🌿 #CleanEnergy #SustainableFinance #ClimateGoals

Embracing the power of change on Clean Energy Day! 🌍 Today, we celebrate sustainable progress and a greener future. Let's amplify renewable energy efforts, reduce our carbon footprint, and make every day a Clean Energy Day. #betd24 #Energiewende #energytransition #greenfuture

For the past 40 years, North American and European governments have spent over $30 billion in public funds on CO2 capture and hydrogen subsidies. 🔎 Despite this substantial investment, these solutions remain immature and ineffective in reducing emissions, merely extending the life of fossil fuels. Essentially, these are disguised fossil fuel subsidies.  📌 According to a report by Oil Change International, these hidden subsidies could balloon to $115 billion for carbon capture technologies and $240 billion for hydrogen over the coming decades.  👉 The report highlights public funding for these key transition solutions, which are central to the fossil fuel agenda. ⬇️ Link in the first comment #RinnovabiliNET #environmnent #greeneconomy #solar #eolic #energy #greenenergy #solarenergy #windenergy #sustainable #sustainablity #sustainabledevelopment

Meet #BigZeroShow speaker: Kisha Couchman! Kisha Couchman is a Deputy Director of Policy at Energy UK where she advocates for ways to accelerate the UK’s transition to Net Zero by enabling investment in low-carbon power generation. Kisha will be speaking about the crucial role of energy policy in driving the transition to net zero. Register now to find out how energy policy will impact your business: https://lnkd.in/edr64DRM #businessenergy #sustainablebusiness #energycrisis #climatechange #climatecrisis #climateaction #climatesolutions #netzero #sustainability

As we approach the July election, the energy industry's call for a renewed focus on renewable energy is more critical than ever. The climate crisis demands bold action and forward-thinking policies, emphasising renewables not only promises a sustainable future but also fosters innovation, creates jobs, and drives economic growth. Now is the time for policymakers to listen and act decisively by investing in renewable energy infrastructure, not just an environmental imperative, but a pathway to a resilient and prosperous economy. #RenewableEnergy #Sustainability #GreenFuture #ClimateAction #JulyElection2024 #EnergyTransition #shropshiregreenenergycentre

It was interesting to read that energy companies have focused more on capital investment in the shift to sustainable energy, with the proportion tripled in two years now at 42%. It suggests that decarbonization necessitates more than financial investments in renewables and calls for restructuring fossil-based systems more broadly. While positive, the International Energy Agency indicates that global clean energy investment should increase fortyfold by the 2050 to achieve a net-zero state of affairs. Luckily, the industry plans to benefit from various funding sources such as private equity, balance sheets and equity capital market. #energy #entech #energyinvestment

"roll up our sleeves and give it everything we have got.." (Sir Patrick Vallance, former Chief Scientist) Labour's ambitious 2030 clean energy plan is in the election news today and has created plenty of debate as to whether its achievable. An obvious question is what does 'clean power' mean. No one is suggesting closing all gas power stations in the next few years. What matters is achieving a very low level of carbon emissions. For background the carbon intensity of our power has fallen from around 500 gCO/kWh to 150 gCO/kWh in the last decade As I write the ESO's very useful live dashboard shows emissions at 52gCO/kWh. On 19th April this year it dropped as low as 19g https://lnkd.in/eRrNh9NY The CCC’s ‘Balanced Net Zero Pathway’ sets targets of ▶     46gCO2/kWh in 2030 ▶     10gCO2/kWh in 2035 So, broadly anything below 50g by 2030 is in line with our carbon budgets and net zero targets. Is this achievable? Developers have brought forward a huge pipeline of clean energy projects. The real challenge is in the speed at which our network infrastructure, planning system and electricity markets and system operation can adapt to unlock this investment. Patrick Vallance's analogy yesterday with the vaccine taskforce model is appropriate. Change of this speed and scale in such a critical part of the economy as our power system will take leadership, a clear plan and a new delivery model. As Sir Patrick says, we need to "roll up our sleeves and give it everything we have got".

We only have one planet. To protect it, it's essential that we replace fossil fuels with clean, renewable alternatives. At EDP, we are dedicated to becoming carbon-neutral and making our operations cleaner, because We Choose Earth. Join us in leading the energy transition. Learn more: http://ms.spr.ly/6047ixweT #EDPWeChooseEarth #AllGreen2030 #EnergyTransition

The #EnergyIndustry has definitely sat up and listened to the call to action of making the sector more #sustainable. Driven forward by initiatives such as the #EuropeanGreenDeal, energy companies are integrating #ClimateIssues into their strategy by continuing to scope out #RenewableEnergy alternatives and by committing to become #CarbonNeutral. Read here for more insights: https://lnkd.in/dhj3Nhj9

Contrary to belief, transitioning to renewables proves cost-effective, offering economic and environmental benefits. This shift secures lower energy costs, paving the way for a sustainable future. #RenewableEnergy #FutureReady