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The COVID-19 pandemic is a global health crisis that has major implications for world economies, energy use and CO2 emissions. According to the IEA’s World Energy Outlook 2020 report, the immediate effects of the pandemic on the energy system shows expected falls in 2020 of 5% in global energy demand, 7% in energy-related CO2 emissions and 18% in energy investment. Oil consumption is anticipated to decline by 8% and coal use by 7%. However, as with previous crises, the rebound in emissions may be larger than the decline, unless the wave of investments to restart economies is dedicated to cleaner and more resilient energy infrastructure. Decarbonizing energy use in time to avert catastrophic climate change requires increased international cooperation. Recovery measures following COVID-19 pandemic could include flexible power grids, efficiency solutions, electric vehicle charging, energy storage, interconnected hydropower, green hydrogen and other technology investments consistent with long-term energy and climate sustainability.
In line with the Sustainable Development Goals (SDGs), there is a global movement to address these challenges by substantially increasing investment in renewable energy technologies and implementation, doubling the rate of improvement to energy efficiency, and changing user behaviours, with the aim to achieve absolute decoupling between energy consumption and economic growth.
Created a Post in Energy
Sustaio Launches Free Platform to Empower Consumers to Live More Sustainable Lives
We have been hard a work on Sustaio and after two years of research and development, we finally launched last week. Sustaio, is a groundbreaking platform that allows consumers to save money on their electricity bill, make their home more energy efficient, reduce their household carbon footprint, and earn real rewards for doing it. It is now easier than ever for consumers to track and reduce their home’s carbon footprint and get rewarded for making sustainable choices in their everyday lives. Sustaio is completely FREE to use (no hidden fees) and I would love for more people to check it out and give feedback.
Created an Opportunity in Energy, Industry and Entrepreneurship
Created an Event in Energy, Gender
We are happy to inform you of the opening of enrollments for the 2023 Summer Schools promoted by the University of Milano-Bicocca dedicated to Energy transition.
GEM SILKWAY CENTRAL ASIA DATE: 26 - 30 June, 2023 LOCATION: Astana, KAZAKHSTAN
GEM-SILKWAY Towards Energy Transition DATE: 23-30 JULY, 2023 Cluj-Napoca, ROMANIA
You can view the full offer at www.summerschoolbicocca.com
Please cascade as appropriate among your https://students/colleagues,
Best regards
Alberto Valli
Created an Event in Sustainable Finance, Energy, Gender
Created a Post in Sustainable Finance, Climate Change, Energy
Hello Sustainability people! How familiar are you with EU Taxonomy? Did you know that now some companies MUST report on their sustainable activities and financial contributions? If you think that this is relevant for you keep reading!
WHAT IS EU TAXONOMY? AND WHAT IT MEANS FOR YOUR BUSINESS?
The EU taxonomy is a classification system that establishes a list of economically sustainable environmental activities. It is part of the EU's plan to increase sustainable investment and put the European Green Deal into action. It specifies the technical requirements that must be met in order for an activity to be considered sustainable.
HOW DOES IT IMPACT YOUR BUSINESS?
All large companies must report their taxonomy alignment, as well as relevant information that may help investors assess their ESG performance, beginning January 1, 2023.
Small and medium sized companies can report on a voluntary basis, but will be affected by the EU’s upcoming Corporate Sustainability Reporting Directive Investment funds will also be required to report on taxonomy alignment and collect data necessary to assess the degree of taxonomy alignment or the portfolio companies themselves.
To find out more about the EU Taxonomy requirements for reporting and its benefits read this blog and understand what are your responsibilities as a business owner.
Created a Post in Climate Change, Energy, Water and Sanitation
Shaping the Water Industry: Harnessing Renewable Energy and Sustainability for a Cleaner Tomorrow
Created a Post in Sustainable Finance, Energy, Gender
Sustainable finance and gender equality are at a crossroads.
Tomorrow, celebrating the women’s history month, join @GGKP_Finance & GGKP Gender Expert Group to discuss challenges & opportunities for gender-just energy transitions.
Speakers include: In Woo Jung, Green Growth Knowledge Partnership (GGKP) Ingvild Solvang, Global Green Growth Institute (GGGI) Inka Schomer, International Finance Corporation (IFC) Irene Giner-Reichl, Global Women’s Network for the Energy Transition (GWNET) Maria Elena Valenzuela, International Labour Organization (ILO) Taciana Peão Lopes, Mozambique Women of Energy (MWE) Zonibel Woods, Asian Development Bank (ADB)
The webinar will be livestreamed on different platforms at 10AM CET as well! ➡️https://ggkp.org/Facebook ➡️https://ggkp.org/YouTube ➡️https://ggkp.org/LinkedIn ➡️http://thegreenforum.org/
?https://ggkp.org/FinanceMeetsGender
How much do you know about sustainability? Test your knowledge and win exciting prizes with our fun and informative quiz game! Challenge your friends and learn something new about sustainable living and building practices. Play now and put your knowledge to the test!
Questions about Nuclear Fusion for Power Generation
Nuclear fission and fusion are two paths to clean energy. Fission reactors, which split heavy nuclei to produce energy, have been providing electricity around the world since the 1950s, while fusion reactors, which fuse light nuclei to release energy, are still in the experimental stage. Will fusion machines be practical for producing electricity?
The first law of thermodynamics is known as the conservation of energy. It states that energy can neither be created nor destroyed. So we can never get out more than is contained in the fuel we put in. This law raises serious questions about nuclear fusion: Do light elements release more energy than they use for fusion, and where does fusion energy come from?
Nuclear fission machines can produce more energy than they consume because the fission energy of heavy elements like uranium comes from supernovas. As explained by thermonuclear astrophysics, elements heavier than iron are created by the absorption of nuclear energy inside a very large star when it goes supernova.
Could the fusion energy of light elements come from the Big Bang? Since there is a better explanation than the Big Bang theory for what we observe in the cosmos today, this theory is most likely a fictional story.
Before investing in fusion reactors, it is important to know whether light elements release more energy than they consume for fusion, or where the fusion energy comes from.