Not for the first time, global energy markets are in turmoil. Internationally traded gas prices more than
quadrupled in 2021. In their wake, many energy suppliers have gone bust and household bills across Europe are set to soar. Energy prices are driving up the cost of living and inflation, but this is also a moment to realise the old saying: “never waste a good crisis”.
The new Yangtze River Protection Law (YRPL), which came into effect on March 1, 2021, is China’s
first legislation on a specific river basin. The Yangtze River is China’s longest and largest river system,
stretching over 6,300 kilometres and has over
700 tributaries. With a drainage basin covering more than 1.8 million square kilometres, approximately one-fifth of China’s total land area, the river basin is home to over 40% of the
country’s population.
Nothing is wasted from sugarcane, one can conclude from the biomethane production process at the Cocal plant, a Brazilian company that produces sugar, ethanol, electricity and other by-products from sugarcane agro-industrial waste.
First came sugar. For four centuries, it was the main sugarcane product in Brazil. But since the 1970s sugarcane has grown and diversified as a source of energy: ethanol, electricity and biogas.
The effects of the covid-19 pandemic and high energy prices have had an impact on the consumption of polluting fuels in Latin America and the Caribbean, exacerbating energy poverty in the region.
On 14 April this year, the price of a single Bitcoin reached a then
all-time-high of around US$64,870. Just over a month later, the price of the world’s most popular digital currency had tumbled to $34,259.
Funding for developing countries to address global warming is grossly inadequate. Very little finance is for
adaptation to climate change, the urgent need of countries most adversely affected. Also, adaptation needs to be forward-looking rather than only addressing accumulated problems.
Last month, at the COP 26 climate conference in Glasgow, a consortium of philanthropies, led by
The Rockefeller Foundation, announced
a massive program to fund renewable electricity projects for impoverished people in developing countries.
Carbon offset markets allow the rich to emit as financial intermediaries profit. By fostering the fiction that others can be paid to cut greenhouse gases (GHGs) instead, it undermines efforts to do so.
It sounds incredible: while politicians have been cackling about the climate emergency and profiling in empty promises to halt it, they have spent six trillion US dollars from taxpayers' money to subsidise fossil fuels in just one year: 2020. And they are set to increase the figure to nearly seven trillion by 2025.
Developing countries will surely remember the Glasgow climate summit, the most important since 2015, as a fiasco that left them as an afterthought. That was the prevailing sentiment among delegates from the developing South during the closing ceremony on the night of Saturday Nov. 13, one day after the scheduled end of the conference.
The number of victims of serious burns, some fatal, has increased in Brazil. Without money to buy cooking gas, the price of which rose 30 percent this year, many poor families resort to ethanol and people are injured in household accidents.
A new toolkit launched in the margins of the UN Climate Change Conference COP26 aims to unlock clean energy investments for small island nations, many of whom rely heavily on imported fossil fuels for power generation.
In the community of Bella Bella on Turtle Island in the western Canadian province of British Columbia, the indigenous Heiltsuk people capture heat from the air through devices in 40 percent of their homes, in a plan aimed at sustainable energy sovereignty.
More than 90 percent of Chile's 17.5 million people have access to electricity. But many live in energy poverty because they do not have access to hot water, have unsafe connections, houses without thermal insulation and with indoor pollution, or can't afford to pay the monthly bill.
A few days before the international community gathers for COP26, widely considered the most important climate conference since the 2015 gathering which resulted in the Paris Climate Agreement, the World Meteorological Organization (WMO) is reporting that despite global hits in trade and travel by the COVID-19 pandemic, the concentration of greenhouse gases in the atmosphere reached a new high in 2020.
Latin America and the Caribbean are heading to a new climate summit with a menu of insufficient measures to address the effects of the crisis, in the midst of the impact of the covid-19 pandemic.
With aging infrastructure and problems with fuel supplies, Cuba is facing a crisis in its electric power generation system, which could accelerate plans to increase the share of renewable sources in the energy mix.
As most of the world seeks to modify its energy mix to mitigate climate change, Brazil has also been forced to do so to adapt to the climate crisis whose effects are being felt in the country due to the scarcity of rainfall.
Argentina, historically an agricultural powerhouse, has become a major producer of biofuels in recent years. However, this South American country is now moving backwards in the use of this oil substitute in transportation, a decision in which economics weighed heavily and environmental concerns have been ignored.
Communities in Arica y Parinacota, the region in the extreme north of Chile, are using solar energy and are being empowered by projects for shrimp and trout farming, the production of yarn from camelid wool, the production of tomatoes and cheese, and even the sale of surplus solar power to the national electric grid.