Johnson says UK energy production to go 100% green by 2035

renewable energyBritain will aim to shift all of its energy production to renewable sources by the middle of the next decade, Prime Minister Boris Johnson said on Monday.

“Looking at what we can do with other renewable sources, carbon capture and storage, with hydrogen, potentially we think we can get to complete clean energy production by 2035,” the UK leader told broadcasters.

The aspiration comes as he prepares to host world leaders next month at a crucial UN climate summit when they will be under unprecedented pressure to decarbonise economies and chart humanity’s path away from catastrophic global warming.

Britain has already committed to phasing out the sale of all polluting road vehicles by 2040 as part of plans to decarbonise its transport systems, while the country has become a leading offshore wind energy producer in recent years. Continue reading “Johnson says UK energy production to go 100% green by 2035”

How to tackle COVID-19 jobs crisis and climate change? Invest in clean energy


‘As the world grapples with rising heat and more extreme weather, as well as an employment squeeze, going green offers the chance to tackle both problems at once.’

  • A report from the WRI has shown that renewables create more jobs than fossil fuels.
  • These jobs must be accompanied by fair wages and work though warns the WRI.
  • But recovery and stimulus packages continue to support fossil fuels.

Investing in clean energy can help economies recover from the slowdown caused by the COVID-19 pandemic as it will add more jobs than backing fossil fuels, researchers said. Continue reading “How to tackle COVID-19 jobs crisis and climate change? Invest in clean energy”

Philippines’ Clean Energy Ecosystem

Philippines’ Clean Energy EcosystemThe Philippines is one of the most vulnerable countries in the world to climate change. Sea level rise is three to four times faster in this island nation than the global average, and it gets hit with an average of 20 typhoons a year. Energy equity is also a major concern as 10 percent of the Philippine population still lives in rural areas without access to electricity, and those that have electricity deal with frequent outages.

Fortunately, a small but mighty group of startups is helping the Philippines forge a clean energy future. According to research by New Energy Nexus (NEN), a founding partner of Third Derivative, and RMI, 15 young companies are helping transform the climate crisis—and close the region’s energy access gap—with renewable energy and clean-tech solutions. Continue reading “Philippines’ Clean Energy Ecosystem”

4 Reasons to Invest in Renewable Energy Stocks

The renewable energy industry has been one of the up-and-coming industries for most of this century. Solar and wind grew rapidly to start the century as subsidies grew around the world, but that didn’t lead to a lot of financial success for investors.

In 2021 the industry is starting to stand on its own. Manufacturers have built competitive advantages, companies are differentiating themselves with technology, and financing has matured as well. Given all of the changes in energy over the last 20 years, here are the four biggest reasons I’m bullish on renewable energy stocks. Continue reading “4 Reasons to Invest in Renewable Energy Stocks”

Canada’s Forest Sector Welcomes Federal Investments That Pave the Way to a Net-Zero Future

Canada’s Forest Sector

Earlier today, Canada’s Minister for Natural Resources, the Honourable Seamus O’Regan, launched a call for proposals under the Investments in Forest Industry Transformation (IFIT) program. Forest Products Association of Canada (FPAC) welcomes these federal investments to help advance Canada’s forest sector bio-economy and low-emission energy future, while creating and maintaining jobs in communities across the country.

Canada’s forest sector has made significant investments in technologies to reduce wood waste, pursue opportunities for next-generation bio-refinery capabilities, and to develop new bioproducts. Industry and government investments in research and innovation such as the IFIT program have led to a multitude of new bioproducts that displace more carbon intensive materials, reduce emissions, and create jobs – including the recent development of the world’s first biodegradable mask by Canadian researchers at FPInnovations – made from Canadian wood fibre. Continue reading “Canada’s Forest Sector Welcomes Federal Investments That Pave the Way to a Net-Zero Future”

Venture Capital Investment In Brazil Reaches $5.2 Billion During H1 2021

Brazilian startups attracted record levels of investment as the ecosystem matures with international funds rushing to seize opportunities in the Latin American country, according to research.

During the first six months of 2021, a total of $5.2 billion was invested in startups based in Brazil, according to numbers released by open innovation network Distrito. By comparison, the total invested in the whole of 2020 – which was considered to be the best year on record for the ecosystem until recently – reached $3.5 billion.

“The success stories and constant unicorn announcements in Brazil are attracting the attention of foreign investors and that feeds back into the market,” says Gustavo Gierun, co-founder at Distrito. While 64% of the deals were concentrated in early-stage rounds, with 234 such investments announced in the first half of 2021, later-stage deals represented the bulk of the invested volume in the first six months of the year. Continue reading “Venture Capital Investment In Brazil Reaches $5.2 Billion During H1 2021”

Save on tax and save the planet: put some money in forestry

In turbulent political and economic times, many investors are attracted to physical, tangible assets that promise some sort of protection against inflation, upheaval in the financial system, or political change (or often, all three at once). Gold is one such “real asset”; property is another. But while most of us probably have some exposure to property, and many readers will already own gold, there’s one “real” asset you perhaps haven’t considered forestry. Investing in woodland might sound like a hassle (it can be), or only for those who are aiming to pass their wealth to the next generation (it certainly has its uses on that front). But if you are looking to diversify your portfolio and plan to invest for the long run, it’s an asset class that you shouldn’t ignore.

Woodland covers around 13% of the UK, according to government statistics the best part of 3.2 million hectares. It’s also attracting growing interest from institutional investors. These include the Church Commissioners, which manages the Church of England’s investments, and has on its behalf built a portfolio of forestry worth around £250m. Forestry can provide both long-term income and capital growth. The income is generated by the sale of the timber felled each year the biggest customers come from the construction industry, but the paper and packaging business is a significant source of demand too. Growth, meanwhile, is driven by the rising capital value of the asset over time as timber prices rise, so do the value of the forests producing it. Continue reading “Save on tax and save the planet: put some money in forestry”

Renewable energy investment in India beats Covid-19 lull

India will need a further $500 billion in investment in wind and solar infrastructure, energy storage and grid expansion to reach 450GW capacity target by 2030.

Investments in the renewable energy sector in India are seeing growth again following the slowdown in the previous financial year due to the onset of the coronavirus disease (Covid-19) pandemic, a recent study by the Institute for Energy Economics and Financial Analysis (IEEFA) found.

Between April and July this year, investment in the Indian renewable energy sector reached US$6.6 billion, surpassing the US$6.4 billion level record in the 2020-21 fiscal year. The findings in the study projected that and the investments have the potential to breach the US$8.4 billion milestones achieved in the 2019-20 financial year before the pandemic struck.

“Rebounding energy demand and a surge of commitments from banks and financial institutions to phase out fossil fuel financing are helping drive investment into Indian renewable energy infrastructure,” Vibhuti Garg, an energy economist at IEEFA, who co-authored the report, said.

Continue reading “Renewable energy investment in India beats Covid-19 lull”

Farm Tech Investing Is Accelerating Faster Than Food Tech And General VC – New Report

As devastating as the pandemic has been, some good has emerged from the global health and economic crisis: investment to shore up global food systems has soared. Back in February we confirmed the extent of the boost investors gave entrepreneurs across the foodtech and agtech industry — 34.5% year-over-year to be precise.

And while we noticed a surge in investor interest in “upstream” technologies, those operating closer to the farm and in food production — alternative proteins, for instance — we now have numbers that show particular investor interest in technologies for farmers.

“Farm Tech” investing soared to $7.9 billion in 2020, topping 2019 investments by $2.3 trillion, or 41%, according to AgFunder’s 2021 Farm Tech Investment Report, in collaboration with Upstream Ag Insights. Continue reading “Farm Tech Investing Is Accelerating Faster Than Food Tech And General VC – New Report”

Renewable energy investment hit record highs in first half of 2021

BNEF report estimates nearly $174 billion was invested in renewable energy projects and companies

Global investment in renewable energy projects and companies reached a record high in the first half of 2021, totalling $174 billion (£125bn).

That’s according to the latest Renewable Energy Investment Tracker report from the research company BloombergNEF (BNEF), which suggests the total investment is the highest ever recorded in the first half of any year. Continue reading “Renewable energy investment hit record highs in first half of 2021”