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      Signaling shift to coal, EU explores alternatives to Russian supplies

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      8% growth in global energy investment insufficient to tackle energy crisis: IEA

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Planet undergoing 'irreversible' changes from global warming: UN climate report

- Report by Intergovernmental Panel on Climate Change shows that climate change is 'rapid, widespread, intensifying'

home > Renewable, Energy Projects 10.08.2021 09:54

Planet undergoing 'irreversible' changes from global warming: UN climate report

The scale of the world’s unprecedented current warming trend is producing irreversible changes to the planet, a sobering new UN climate report warned Monday.

The Intergovernmental Panel on Climate Change (IPCC) Working Group I report, Climate Change 2021: the Physical Science Basis, said it provides the clearest and most comprehensive assessment to date of the warming of the atmosphere, oceans and land.

'The scale of recent changes is unprecedented in thousands, if not hundreds of thousands of years,' said the World Meteorological Organization (WMO), releasing the report.

'Many changes due to past and future greenhouse gas emissions are irreversible for centuries to millennia, especially changes in the ocean, ice sheets and global sea level,' the WMO said.

In a statement, UN General-Secretary Antonio Guterres called the report “a code red for humanity,' urging 'stepped-up efforts.'

'The alarm bells are deafening, and the evidence is irrefutable: greenhouse gas emissions from fossil fuel burning and deforestation are choking our planet and putting billions of people at immediate risk.'

-'Every region of Earth' affected

'Global heating is affecting every region on Earth, with many of the changes becoming irreversible,' said the report.

The report noted that human-induced climate change is already effecting many weather and climate extremes in every region across the globe.

Evidence of observed changes in extremes such as heatwaves, heavy precipitation, droughts and the proportion of intense tropical cyclones and, in particular, their attribution to human influence has strengthened since the last IPCC assessment report in 2014.

'The harsh reality of climate change is playing out in real time before our very eyes,' said WMO Secretary-General Petteri Taalas, adding: 'It is a foretaste of what faces future generations.'

The reports 'are not comfortable' but are 'a balanced view of the majority of science,' he noted.

Taalas said that some of the negative changes are already locked into the climate system, but others still can be addressed if the world makes strong, rapid and sustained reductions in emissions now.

'However, greenhouse gas concentrations, especially carbon dioxide, remain at record levels,' he said.

The report projects that in the coming decades, climate changes will increase in all regions.

For 1.5 C of global warming, there will be increasing heatwaves, longer warm seasons and shorter cold seasons and changes in precipitation patterns affecting flooding and drought occurrences.

At 2 C of global warming, heat extremes would more often reach critical tolerance thresholds for agriculture and health, the report said.

-Extreme heat

'The extreme heat we have witnessed in 2021 bears all the hallmarks of human-induced climate change. British Columbia in Canada recorded an incredible temperature of 49.6°C – breaking all previous records – as part of an intense and extensive heatwave in North America,' said Taalas.

The IPCC's meeting was to approve its following report on the physical science basis of climate change, the first part of its Sixth Assessment Report.

The meeting was held remotely, the first time the IPCC has conducted an approval session in such a format before Monday's release.

'This report has been prepared in exceptional circumstances, and this is an unprecedented IPCC approval session,' IPCC Chair Hoesung Lee told the opening session of the meeting, noting there were 234 authors of the report.

'This work has required multiple series of virtual meetings across time zones, disrupting daily lives and work rhythms, especially in the most critical phase of the last 16 months as we shaped the final draft,' said Lee.

More than 14,000 scientific papers are referenced in the report.

The IPCC was created in 1988 by the WMO and the United Nations Environment Program.

-‘Wake-up call to the world’

Alok Sharma, a UK government minister and president of UN climate summit COP26, said the Glasgow, Scotland summit set for this November now has to be a turning point.

“If ever there was going to be a wake-up call to the world when it comes to climate change, this report is it. But the future is not yet written. The very worst of climate change is still avoidable,” he was quoted by The Guardian as saying.

He insisted that it was “still achievable” to limit global warming to 1.5 C but that this goal is “retreating and retreating fast.”

“What we really need now is for all major emitters to play their part, and the G20 are going to be absolutely key to our 1.5 C future,” he said.

“This must be the COP [summit] that consigns coal to history.”

This echoed the comments of British Prime Minister Boris Johnson.

“Today's report makes for sobering reading, and it is clear that the next decade is going to be pivotal to securing the future of our planet,” he was quoted by the BBC as saying.

“We know what must be done to limit global warming – consign coal to history and shift to clean energy sources, protect nature and provide climate finance for countries on the frontline.”

Reporting by Peter Kenny in Geneva

Anadolu Agency

energy@aa.com.tr



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- Company pledges to cut greenhouse gas emissions by electrifying its operations and expanding investments to detect and capture methane gas
09.12.2021 Renewable , News from companies , World

Spot market electricity prices for Monday, Dec. 6

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 554.03 million Turkish liras
06.12.2021 Electricity , Finance , Renewable

Turkey's daily power consumption up 2.6% on Nov. 24

- Electricity exports amount to 11,003 megawatt-hours and imports total 8,432 megawatt-hours
25.11.2021 Electricity , Finance , Renewable

German renewable firm RWE to invest €50 billion to go greener

- Move will enable company to expand portfolio by 25 gigawatts net to 50 gigawatts in markets of Europe, North America and Asia Pacific
16.11.2021 Renewable , World

Countries to fund UN Climate Technology Center and Network

- Member States discuss expansion of international technology collaboration to implement Article 10 of Paris Agreement
11.11.2021 Finance , Renewable

COP26 president calls for urgency in negotiations at start of 2nd week of summit

- Glasgow needs to reach a historic outcome in response to climate adaptation needs, Sharma says
09.11.2021 Finance , Renewable , International Organization

Turkey, Tajikistan in preparations for environmental cooperation agreement

- Zero waste and environmental projects on agenda between Turkey and Tajikistan
09.11.2021 Finance , Renewable , International Organization

COP26 week 1: If pledges are delivered, emissions gap is still too wide to keep climate goal

- Good progress made but still not enough even with further progress next week, says Energy Transition Commission head
07.11.2021 Coal , Renewable , International Organization

Richest 1% emit carbon emissions 30 times more than level for 1.5°C limit by 2030

- To achieve 1.5°C climate goal, every person on earth would need to emit an average of just 2.3 tons of CO2 per year by 2030
06.11.2021 Finance , Coal , Renewable

Four developing countries start coal transition with $2.5B CIF finance

- South Africa, India, Indonesia, and the Philippines have been selected as the first beneficiaries of the initiative
05.11.2021 Finance , Coal , Renewable

UAE, IRENA launch $1B Global Finance Platform to accelerate clean energy

- UAE commits $400M in funding through Abu Dhabi Fund for Development towards goal of securing minimum $1B in total funding
04.11.2021 Finance , Renewable , Middle East-Africa

Over 100 countries commit to cut methane emissions by 30% by 2030

- Committing countries account for around 46% of global methane emissions and at least 60% of global GDP
03.11.2021 Electricity , Natural Gas , Finance , Renewable , International Organization

Almost 1M signatories to viral open letter demand leaders face climate emergency

- Letter calls on world leaders to lay out a five-point plan to deliver climate-safe future, subsidies and new projects
02.11.2021 Electricity , Finance , Renewable

Spot market natural gas prices for Thursday, Oct. 28

- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
30.10.2021 Natural Gas , Finance , Renewable

China releases its updated NDC ahead of COP26

- China is considered one of top emitters of carbon dioxide
31.10.2021 Finance , Renewable , Asia

Turkey's daily power consumption down 2.2% on Oct. 28

- Electricity exports amount to 9,787 megawatt-hours and imports total 9,928 megawatt-hours
30.10.2021 Electricity , Natural Gas , Finance , Renewable

Urgent action needed to include climate change in recovery plans for health

- Less than one dollar in five is being spent on COVID-19 recovery plans, which are expected to reduce greenhouse gas emissions
22.10.2021 Finance , Renewable , International Organization

Denmark aims at €5 billion trade volume with Turkey by focusing on green energy

- During COVID-19 pandemic, more than 300 Danish companies operating in Turkey decided to keep business on track
04.10.2021 Renewable , Energy Diplomacy , Turkey , Europe

Turkey's daily power consumption down 1.7% on Sept. 24

- Electricity exports amount to 15,610 megawatt-hours, while imports total 10,445 megawatt-hours
26.09.2021 Electricity , Finance , Renewable

Turkey takes lion's share of Black Sea Trade and Dev. Bank portfolio

- Bank, with €2.25 billion portfolio at end of July, aims to have €4 billion portfolio by 2030 with 5-7% annual growth rate
30.08.2021 Natural Gas , Finance , Renewable , Turkey , General

Turkey's gas imports up 104% in June 2021

- Total natural gas consumption in June shows 70.2% year-over-year growth, led by higher gas plant consumption
28.08.2021 Natural Gas , Finance , Renewable , General

Global power sector emissions soar as demand outpaces clean electricity growth

- World builds back badly from pandemic and rising emissions put limiting global warming by 1.5 degrees at risk, report warns
26.08.2021 Electricity , Finance , Renewable , General

Germany considering green hydrogen imports from Turkey

- Germany is seeking hydrogen suppliers to accommodate anticipated demand rise by 2030 as part of its national strategy
18.08.2021 Finance , Renewable , Turkey , Europe , General

Turkey's solar power share rise to 7.5% but still lower than potential

- Solar power meets 7.5% of country's electricity in January-July period this year
17.08.2021 Finance , Solar , Renewable , Turkey

'Global warming may push temperatures in Turkey up by some 6.5 degrees in 80 years’

-Global warming to continue even after 2100, which could lead to mercury soaring 3.5-6.5 degrees, says expert
11.08.2021 Solar , Renewable , Energy Projects , Turkey

Turkey's wind power capacity exceeds 10,000-megawatt threshold

-Wind power meets around 9% of country's electricity generation, and is estimated to replace $1B worth of natural gas imports
12.08.2021 Finance , Wind , Renewable , Turkey , General

Planet undergoing 'irreversible' changes from global warming: UN climate report

- Report by Intergovernmental Panel on Climate Change shows that climate change is 'rapid, widespread, intensifying'
10.08.2021 Renewable , Energy Projects

Governments need to halve emissions by 2030 to limit temperature rise to 1.5℃

- Scientists call for immediate, rapid and more ambitious plans to limit warming
11.08.2021 Invesments , Renewable , World , General

G20 members hit $269B in fossil fuel investments during pandemic

- From almost $658 billion for various energy sources, world's largest economies disburse $227.21 billion for clean energy
10.08.2021 Oil , Finance , Coal , Renewable , General

Scandinavian, American heatwaves and European rainfall sparking catastrophes, says global weather office

- World Meteorological Organization says Finland saw record June temps, American heat casued by ‘human-made climate change’
19.07.2021 Renewable , Energy Projects , Europe

Global primary energy consumption in 2020 records largest drop since 1945

- Drop in energy consumption was driven mainly by oil, which contributed almost three-quarters of the net decline
11.07.2021 Oil , Finance , Renewable , General

Eni and partners agree to produce hydrogen in Egypt

- To produce green hydrogen, companies will use electricity generated from renewables along with blue hydrogen
11.07.2021 Finance , Renewable , General

Gas takes bigger share in Turkey's power as drought lowers hydro output

- During first 5 months of the year, share of hydropower plants reaches 21.7% while gas plants generates 27.3% of total power
10.07.2021 Natural Gas , Finance , Renewable , Turkey , General

EC fines car manufacturers €875M for breaching antitrust rules on emissions cleaning

- Cartel of 5 manufacturers colluded to avoid reducing harmful emissions in new diesel cars despite their ability to do so
09.07.2021 Electricity , Finance , Renewable , World , General

BP invests $7 million in electric vehicle charging technologies

- Investment in IoTecha is aligned with BP’s aim to provide over 70,000 public EV charging points worldwide by 2030
23.06.2021 Electricity , Renewable

Turkey's energy map becomes greener as renewables expand countrywide

- Country ranks as world's 12th biggest renewable power with over $50 billion investment
23.06.2021 Renewable , Turkey

Green hydrogen to be cost competitive with fossil fuels up to 2033

- Growing focus on net-zero targets favors green hydrogen, says Wood Mackenzie analyst Ben Gallagher
10.06.2021 Renewable , International Organization , World

G7 economies could lose 'trillions' due to climate change inaction

- Oxfam calls on world's richest countries to cut carbon emissions ‘more quickly, steeply’
09.06.2021 Coal , Renewable , International Organization , Energy Projects

Wind energy sector could create 3.3 million new jobs over five years

- With 751 gigawatts of wind power capacity already installed, wind industry generated nearly 1.2 million jobs to date
08.05.2021 Wind , Renewable , General

Turkey's daily power consumption up 1.5% on May 4

- Electricity exports amount to 5,383 megawatt-hours, while imports total 10,102 megawatt-hours
06.05.2021 Finance , Renewable , Turkey , General

Global wind energy cost could fall by up to 49% by 2050

- Technology and commercial advancements are expected to continue to drive down cost of wind energy
27.04.2021 Finance , Wind , Renewable , World , General

European wind energy sector to excel for 5 more years

- Germany to have largest wind fleet with 75 GW, followed by UK with 42 GW by 2025
26.04.2021 Finance , Renewable , Europe , General

Turkey expects up to 21% drop in emissions until 2030

- Climate change not only affecting most polluting countries, but all humanity: Turkish president
24.04.2021 Renewable , Renewable , Turkey

Upcoming EU carbon regulation may affect Turkey: EU bank

- Carbon Border Adjustment Mechanism to observe carbon footprint of imported goods may effect Turkey’s steel, iron industries
22.04.2021 Renewable , Renewable , Turkey , Europe

Global CO2 emissions set for 2nd biggest rise in history

- IEA head in dire warning calls on governments to move rapidly to cut emissions against risk of worsening situation in 2022
20.04.2021 Oil , Finance , Coal , Renewable , General

US Dept of Energy pledges $162M to decarbonize vehicles

- Funding to support lowering carbon emissions, electrifying vehicles along with expanding electric vehicle infrastructure
17.04.2021 Finance , Renewable , Americas

Action to achieve Paris climate to upend oil, gas prices

- With progressive electrification, oil demand and power of major oil producers will shrink
17.04.2021 Electricity , Natural Gas , Finance , Renewable , General

Global oil demand to increase 6% in 2021: OPEC

- Crude output rises mainly in Iran, Angola, Libya and Iraq, but decreases in Saudi Arabia, OPEC says
14.04.2021 Finance , Wind , Renewable , Turkey , Europe

Oil-rich Saudi Arabia branches into solar power

- Saudi Arabia's latest steps on solar energy will help the country reach 3,670 megawatts of solar capacity
14.04.2021 Finance , Solar , Renewable , Middle East-Africa

Europe invests record €42.8 bln in wind energy in 2020

- Investments of €26.3 billion in offshore wind set new record
14.04.2021 Finance , Wind , Renewable , General

Global electric vehicle adoption accelerates in 2020

- EV growth supported by generous purchase subsidies, stricter emissions controls and rising consumer interest, says Fitch
10.04.2021 Electricity , Finance , Renewable , General

World adds record new clean energy capacity in 2020

- Renewables accounted for more than 80% of all new electricity capacity added last year, IRENA report shows
07.04.2021 Finance , Renewable , General

Finance shifts to low-carbon with fossil stock losses

- Renewables issuance raises record $11 bln from public equity offerings in 2020 alone while fossil fuel issuance fell by 85%
01.04.2021 Electricity , Finance , Coal , Renewable , General

US electricity grid to increase use of battery storage

- Most battery storage systems currently installed in US are lithium-ion batteries that add flexibility to power grid
25.03.2021 Electricity , Finance , Renewable , Americas , General

Despite Covid-19 wind energy sector soars in 2020

- China sets new world record with 52 gigawatts in just one year
26.03.2021 Wind , Renewable , World

Europe energy storage deployment to near double in 2021

- 2021 looks particularly strong for sector with new services opening across Europe
25.03.2021 Finance , Renewable , Europe , General

US DOE awards $27.5M for 16 water treatment projects

- Each team will work to bring new water and wastewater treatment technologies from the applied R&D stage
24.03.2021 Finance , Renewable , Americas , General

Eni acquires biogas producer, FRI-EL Biogas Holding

- Eni plans biomethane production, which when fully operational, will supply over 50 million cubic meters per year to network
22.03.2021 Renewable , Europe , General

Clean energy can replace fossil fuels in heating sector

- Renewables can play a significant role in decarbonizing the way homes and businesses are heated, IRENA says
23.03.2021 Finance , Renewable , Energy Projects , General

Paris climate deal unfair to Turkey: OECD envoy

- Ankara ready to do its part protecting environment but needs help from global community, says Turkey's OECD representative
20.03.2021 Renewable , Energy Diplomacy , Europe

Renewable returns outpace fossil fuels threefold

- Share of renewable power in global energy investment has risen to nearly one-fifth during crisis in 2020, report says
19.03.2021 Electricity , Thermal , Renewable

Sabanci Holding plans to increase green investments

- Company has already invested in wind plants totaling 565 megawatts, says company's head of energy group
19.03.2021 Renewable , News from companies

Turkey announces landmark new economic reform package

- Reforms aim to boost investment, production, jobs, and exports, says President Recep Tayyip Erdogan
16.03.2021 Projects , Invesments , Renewable , Energy Projects , Turkey , General
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