📉 A historic milestone in the #EnergyTransition:
In 2024, for the first time on record, there were no new steam turbine orders for coal-fired power plants in advanced economies.
A clear signal of shifting investment trends.
🔍 From @iea.org’s latest #WorldEnergyInvestment report.
Posts by Sean Rai-Roche
Great piece from @mattwestern.bsky.social on the need to build energy independence and the transition into national security:
"The countries that win the future will be those that control their own energy supply — not those clinging to outdated, vulnerable systems dictated by foreign powers."
Check out the full report, including a breakdown of findings across 15 countries, here:
powering-up-business-poll.com
The results come just before the International Energy Agency (IEA)'s Summit on the Future of Energy Security, which needs to double down on the energy transition and demonstrate how it is the only route to long-term energy security.
🏭 87% of business executives who want their government to prioritise investment in renewables want them to stop using coal-fired electricity within the next decade.
⛽ 67% of executives want coal phased out and replaced with renewables, grids and storage – without locking in new gas infrastructure.
☀️ Energy security is paramount: 75% of executives associate renewables with stronger energy security.
💷 Economic growth and jobs: 77% link renewables to economic growth, while 75% see them as key to job creation.
💼 97% of executives back a move away from fossil fuels to renewables based electricity system, with 78% backing it in the next ten years.
🥇 52% of business leaders say they will relocate their operations to markets with better access to renewables-based power systems within five years.
E3G has teamed up with We Mean Business Coalition and Beyond Fossil Fuels on a massive poll of business executives around the world to assess their views on the energy transition. The results are quite amazing...
powering-up-business-poll.com
Green jobs are good jobs!
A new analysis by the Confederation of British Industry, found that 22,000 net zero businesses employ almost a million people in the UK.
The average annual wage – £43,000 – was also £5,600 higher than the national average.
www.theguardian.com/environment/...
Britain’s net zero economy is booming, CBI says
Green sector growing at triple the rate of the UK economy, providing high-wage jobs and increasing energy security
#netzero #cimatecrisis
Story by me
www.theguardian.com/environment/...