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Renewable Tuesday: By the Numbers [1]

['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']

Date: 2023-10-24  

We have a teraton of excess CO 2 in the atmosphere and oceans. That comes from

8.3 billion tonnes of coal in a year

4.4 billion tonnes of oil in a year

3.94 trillion cubic meters, or 2.8 billion tonnes of natural gas in a year

That produced 25,500 terawatt-hours of electricity in 2022.

The Stanford Solutions Project proposes that we go to 44.2% solar and 49.7% wind.

Renewable Energy Investment Hits Record-Breaking $358 Billion in 1H 2023

According to BNEF’s New Energy Outlook, the world needs to spend a total of $8.3 trillion on renewable energy deployment between 2023 and 2030 to align with a global net-zero trajectory by 2050, keeping global warming well below 2°C. This is equivalent to $590 billion being invested via asset finance and small-scale solar per six-month period. The $335 billion spent on such activities in 1H 2023 is therefore well below what is required to get on track for net zero.

That’s investment, not spending, with a higher ROI than any other legitimate business.

Norway: Plug-In Car Sales Exceeded 90% Share In June 2023

Every fourth new car in Norway so far this year was a Tesla.

Thanks, Norway.

Apology

I have been sick, and am not back in full production yet. Please share other good environmental news of the week.

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[1] Url: https://www.dailykos.com/stories/2023/10/24/2200779/-Renewable-Tuesday-By-the-Numbers?pm_campaign=front_page&pm_source=more_community&pm_medium=web

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