06 Apr '11, 4pm

Shift fossil fuel subsidies to support green energy, IEA report urges

06 Apr 2011: Shift Fossil Fuel Subsidies To Support Green Energy, IEA Urges With demand for fossil fuels outpacing the growth of renewable energy technologies worldwide, the International Energy Agency suggests that fossil fuel subsidies worth $312 billion be realigned to develop cleaner alternatives . Although renewable energy has seen growth of 30 to 40 percent in recent years, 47 percent of new electricity demand worldwide over the last decade was met with coal-fired energy, according to agency’s first clean energy progress report. As of 2009, fossil fuels had received more than $312 billion in subsidies, compared with $57 billion for renewable energy. In some countries, aggressive policies have yielded progress in the deployment of renewable energy sources, according to the study. For example, at least 10 nations now have sizeable domestic markets for solar technology ...

Full article: http://e360.yale.edu/digest/shift_fossil_fuel_subsidies_t...

Tweets

12 Countries Agree to Carbon Capture Actions; I...

environmentalleader.com 08 Apr '11, 1pm

This means that to achieve an IEA goal under its Blue Map scenario of halving global energy-related CO2 emissions by 2050 ...

It's gray outside, but UW is all #GREEN: Biggest Green U, & A on sustainability report card!

It's gray outside, but UW is all #GREEN: Bigges...

thedailygreen.com 06 Apr '11, 3pm

Winner: University of Wisconsin-Madison , Madison, Wisc. Over the past four years, the University of Wisconsin-Madison has...

Along scar from the Iron Curtain, a Green Belt ...

e360.yale.edu 04 Apr '11, 12pm

As concerns grow in the U.S. about the environmental impact of hydraulic fracturing, or “fracking,” to extract natural gas...

Wind Power Gaining Greater Support in Germany

Wind Power Gaining Greater Support in Germany

renewableenergyworld.com 07 Apr '11, 5pm

Following the lead taken by the federal government, which has temporarily shut down seven nuclear power plants and called ...

Wind Power Gaining Greater Support in Germany

renewableenergyworld.com 07 Apr '11, 5pm

Following the lead taken by the federal government, which has temporarily shut down seven nuclear power plants and called ...

Interesting news from World Bank signals shift ...

businessgreen.com 04 Apr '11, 12pm

The World Bank is planning to cut funding for fossil fuel plants to all but the poorest countries, and will instead emphas...

Renewable Energy Provided 11% of Domestic Energy Production in 2010

Renewable Energy Provided 11% of Domestic Energ...

renewableenergyworld.com 06 Apr '11, 6pm

The share of domestic U.S. energy production derived from renewable energy sources (i.e., biomass/biofuels, geothermal, so...

Proposed Biofuel Project in Kenya Would Produce More Emissions Than Fossil Fuels

Proposed Biofuel Project in Kenya Would Produce...

treehugger.com 08 Apr '11, 2pm

Henzanani Merakini's house and farm are threatened by the proposed plantation. She and others in the region would not be o...

NEW REPORT: Green Jobs in a Sustainable Food Sy...

greenforall.org 04 Apr '11, 6pm

Our food system is broken. A system that fails to meet basic food needs for millions of Americans - while some 40 percent ...

Europe to turn Africans into fuel

grist.org 07 Apr '11, 4pm

After discovering the disastrous consequences of turning its own food crops into fuel, China has turned to cassava -- most...

Google Announces More Investment in Green Energy

Google Announces More Investment in Green Energy

earth911.com 08 Apr '11, 6pm

Google takes its green energy investments global. (Stock Photo) Google announced on Thursday that, pending German authorit...

Investors Lobby Congress in Support of EPA: As the agency's authority to regulate emissions comes under attack,

Investors Lobby Congress in Support of EPA: As ...

greenbiz.com 06 Apr '11, 5pm

Last week, a coalition of 44 investors with $546 billion in assets under management wrote to the leaders of the U.S. Senat...