Spain's renewables build-out has structurally decoupled its electricity prices from gas markets.
Gas now sets the price in only 15% of hours, compared to 90% in Italy.
Countries that invested early in clean power are far less exposed to fossil fuel price shocks.
The fossil fuel age is flailing & failing.
We're at the dawn of a new & clean energy era.
An era where cheap, abundant, renewable energy powers a world rich in economic opportunity.
We have the tools to power the future for humanity.
This is our moment of opportunity.
Ex CEO of @Allianz Investment Management explains how #climate = end of insurance as we know it...
'we are fast approaching temperature levels—1.5°C, 2°C, 3°C—where insurers will no longer be able to offer coverage for many of these risks'
https://t.co/smheR7K2iN
Blunt from @SwissRe. If you want to tackle #climate, take the transition seriously.
'Mitigating climate change requires the global real economy to transform. That’s one of the reasons why Swiss Re supports clients in the transition to a net-zero economy'
https://t.co/VVTgelO6JE
A historic deal to shift $41 billion per year out of fossil fuels to clean energy could be agreed tomorrow IF Korea stops blocking. @President_KR, @mofa_kr, Korea must join with other countries and agree on an OECD deal to #StopFundingFossils: https://t.co/Dd6vj167xX
With its ambitious 2035 emissions-reduction target, just announced by PM Starmer at COP29, the UK is stepping up at a time when leadership is most needed.
AirFrance: @airfrance your business practices are atrocious and inhumane. Overbooking and then depriving passengers of essential legroom - with zero notice - is just plain wrong. Abysmal. Bottom of the barrel. #DontFlyAirFrance
🌿@CleanPowerSue, Climate Finance Advisor to @CFigueres, explains how investors can shift finance from activities that harm nature – in particular through ending #deforestation⤵️
Tools like Finance Sector Roadmap, Forest IQ & DEFT Pathway can guide change.
https://t.co/hJEzT8jnug
New event! Join in person at #COP29 in Baku, Azerbaijan or online to hear investors from around the world discuss the essential whole-of-government approach to policy needed from governments to step up their climate ambitions.
Find out more & register: https://t.co/DpItyveFRF
Breaking: UN Pact for the Future is adopted & repeats agreement made at COP28 to accelerate the transition away from fossil fuels, triple renewable energy, and double energy efficiency.
Fossil fuel phaseout is the new normal for #climate action.
#UNGA79#SummitoftheFuture2024
Today we see runaway conflicts & climate change.
Runaway inequalities & debt.
Runaway development of new technologies without guardrails.
The upcoming Summit of the Future is a step towards global mechanisms to address these issues in an effective, networked & inclusive way.
“Whereas agriculture, forestry, and land-use change combined account for about 18 percent of global emissions, they represented more than three-quarters of Brazil’s between 2000 and 2020.” https://t.co/0d31GwPuLq
I was deeply moved by my meeting with coastal communities in Samoa forced to move their homes inland.
Sea levels are rising at a rate not seen in at least 3,000 years.
If we don’t reverse these climate change trends, we will see this tragedy in other coastal areas globally.