Colin Baines
@ColinBaines1RI & #ESG Border to Coast Pensions Partnership. Visiting Senior Fellow LSE GRI. IC @Snowball_IM. Ex Friends Provident Foundation, & Co-op Bank & Group. FRSA
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As COP29 continues in Baku, @CarbonBubble has just released updated analysis of oil and gas companies’ emissions targets. This year, we incorporate methane-specific targets for the first time and add five further national oil companies (NOCs) to the list. Key findings below.
We've secured #SkiddawForest, but that's just the start – now, our 100-year vision for the site can begin. Here's what we have planned 🌳🌱🦅⬇️ Our restoration fundraiser is nearly at 50% – could you get us over the halfway mark? Donate here 👇 wtru.st/Skiddaw-Forest… (1/5)
Meanwhile, a much stronger focus on energy efficiency home, and community-scale renewables and storage, peer to peer trading, including quality more microgrids and demand-side management would certainly help take the pressure off.
Huge demand for grid upgrades: The world’s largest producer of transformers has warned its industry is “overwhelmed” and unable to meet exploding demand for grid equipment. We will need an all-hands-on-deck approach to build out new and better manage existing grids.…
NEW: The global market for the top clean technologies is set to triple to over $2 trillion by 2035, close to the value of today's crude oil market Countries are competing for the economic benefits, with implications for energy, industry & trade policies: iea.li/4f8pKos
Fossil fuels account for 40% of global shipping trade by volume – but only 10% by value 2/7
Incredible stat: A single container ship of solar panels can provide as much electricity as more than 50 large LNG tankers of gas – or 100 large coal ships There's many more insights in IEA Energy Technology Perspectives 2024 – here's a selection 🧵 1/7
We recommend the UK’s NDC commits to reduce territorial greenhouse gas emissions by 81% from 1990 to 2035. It is informed by the latest science, technological developments, and the UK’s national circumstances. It is ambitious and deliverable. theccc.org.uk/publication/le…
Big UK climate policy news this morning as @theCCCuk recommends the government’s next national climate action plan to be submitted to the UN - an NDC in the jargon - should aim for an 81% cut in emissions against 1990 levels by 2035. businessgreen.com/news/4373365/a…
After the Age of Coal & Age of Oil, the world is moving rapidly into the Age of Electricity ⚡️ Electricity has recently grown 2x as fast as total energy demand. But from now to 2035, it's set to grow 6x as fast, driven by EVs, ACs, chips, AI & more More: iea.li/3BEGtk7
THREAD My deep dive on @IEA #WEO24 🌄Solar up 4x by 2030, top ⚡️ source by 2033 🥇Clean energy +44% by 2030, top *energy* source by "mid-30s" 🛢️EVs displace 6mb/d by 2030 (⏫4mb/d last yr) ⛰️Fossil fuels peak by 2030 🌡️Warming 2.4C(🔽 2.6C 2021 ⏬ 3.5C 2015)…
The IEA's #1 flagship report, and the bible of the energy transition. So, what's new? My key takeaways...
World Energy Outlook 2024 is out now! 🚨 It shows geopolitical tensions are highlighting key fragilities in today’s global energy system This is reinforcing the need for a faster expansion of clean energy worldwide Read more in #WEO24 👇 iea.li/3YohaM4
New WWF report reveals a catastrophic 73% decline in the average size of global monitored wildlife populations in just 50 years. #LivingPlanetReport worldwildlife.org/press-releases…
NEW: IT'S NOT JUST THE UK! 🟢The UK is 14th OECD country to become coal-free. 🟢OECD coal power falls to less than HALF of its peak in 2007. 🟢All but 5 OECD countries have seen falls of at least 30% from peak coal power (lovely dataviz from @C_BruceLockhart) 🧵
🧵 I've put together this thread to show just how much flooding has happened around the world, and this is only for the month of September—and it's not even over yet! Please share this because I don't think the message is getting out there. Türkiye... x.com/volcaholic1/st…
The UK's last coal fired power plant closes today - a historic step towards clean energy & also an example where unions & the employer have worked together to ensure 'no worker is left behind'. Read this @The_TUC blog to find out more: tuc.org.uk/blogs/last-uk-… #justtransition
NEW: How the UK became the first G7 country to phase out coal power 🧵 Four key ingredients in UK's success: ❌🏭Stopping new coal ❤️🔥☢️🌄Building alternatives 💷Making polluters pay 📢Clear political signals But there's much more to say… 1/n interactive.carbonbrief.org/coal-phaseout-…
Good morning with good news: Solar plus storage or wind plus storage are NOW much cheaper than coal or gas generated electricity in most of the world. By 2027, clean solar or wind PLUS STORAGE are cheaper than dirty fossil fuels in the entire world! nature.com/articles/s4146…
For those asking, the ‘fierce backlash last night’ entailed two information requests to our press office. One from the Daily Mail and one from the Daily Telegraph. Please remember to vote in this year’s National Trust AGM.
REVEALED: I've mapped the land owned by water companies United Utilities & Yorkshire Water - over 200,000 acres combined - & their SSSIs (nature reserves) Just 16% of SSSIs owned by water firms in England are in favourable condition @Feargal_Sharkey 1/ whoownsengland.org/2024/09/05/map…
Limit the volume of TV advertisements to no higher than the preceding programme.. Newspaper corrections to be the same page and size as the misleading article.. Climate & Nature Bill..
Hey, bonus - I've got Parliamentary time to put down a Private Members Bill of my choosing. Have an idea for what it should be? Then Quote Tweet it to me....
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