About this Discussion

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.

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Renewable energy sector employed 11.5 million people in 2019. With added
investment, jobs in renewables could reach 42 million by 2050, with another
21.3 million in energy efficiency and 14.5 million people in jobs related to
power grids and energy flexibility.

Image by Kenueone from Pixabay

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https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2020/Apr/IRENA_Global_Renewables_Outloo...

The new German government is aiming for an earlier coal phase-out, “ideally” by 2030. The associated job loss was perhaps the most important concern here. But the consequences of such a job loss for individual workers vary widely: a job loss may be followed by a long period of unemployment, a direct job change or early retirement.

This IZA article dissects a recent IZA paper ‘The Welfare Costs of Job Loss and Decarbonization: Evidence from Germany’s Coal Phase Out’ to answer questions at stake such as, who is most affected by job loss? What additional costs will workers face if we bring forward the coal phase-out from 2038 to 2030? What labor market policies can alleviate the welfare costs?

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https://newsroom.iza.org/en/archive/research/coal-phase-out-in-2030-what-costs-will-employees-face/

Created a Post in Energy

hello family, i would like to share with all of you our amazing video art about climate action and time to restore our earth and support clean energy . welcome with your comments and feedback . this video created by professional visual artist and co founder green society initiative hossna hanafy , yes , she is my sister and talented in art

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https://youtu.be/A5yx3EKbkzg
Fernando Arenas Álvarez commented on Fernando Arenas Álvarez's Post in Energy, Agriculture and Food System, Water and Sanitation

Hi to the group, to reduce water consumption, we have designed this shower timer with cut off to prevent from wasting water and gas. It is programmable and restricts the maximum time for shower and when it has been used, it blocks the shower and keeps it shut during the waiting time we have previously set. Therefore, the user has to abandon the the shower and water and energy are being saved. Saves up to 80% of water and energy.

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https://areliametershop.com/
https://youtu.be/AJoaej6kNBo
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Created a Post in Energy

Clean energy can help undermine Russia and strengthen Europe

"The large-scale adoption of low-carbon energy technologies such as solar, wind and green hydrogen would reduce Russia’s geopolitical and economic influence, as demand shifts away from fossil fuels thus serving to neuter Russian belligerence."

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https://carbontracker.org/clean-energy-can-help-undermine-russia-and-strengthen-europe/

Created a Post in Energy

The power crunch seems to be accelerating the push away from fuel-based energy, whose volatile prices caused this crisis, and into zero-carbon power, whose cost is fixed when the project is first developed.

Bloomberg columnist David Fickling analyses the latest energy trends from China, UK, and the world to demonstrate how the fundamental cost benefits are ultimately driving the energy transition.

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https://www.bloomberg.com/opinion/articles/2021-12-20/the-power-crunch-just-made-renewables-stronger...
Organisation for Economic Co-operation and Development(OECD)

On 11 February (16:00-17:30KST, 8:00-9:30CET) the OECD Secretariat is hosting the side-event "Supporting Green Recovery: Towards a Green Growth in Southeast Asia." The discussion will be part of the OECD Southeast Asia Regional Programme (SEARP) Ministerial Conference and Ninth Steering… Read More

Gayeon Shin commented on Clara Mottura's Post in Climate Change, Energy

Created a Post in Climate Change, Energy

EU proposes rules to label some gas and nuclear investments as green

Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split countries and investors, and which some lawmakers will attempt to block.

As European, I do feel deeply disappointed. As a sustainability practitioner I wonder whether the EU had another choice.

What's your opinion on this?

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https://www.reuters.com/business/sustainable-business/eu-proposes-rules-label-some-gas-nuclear-inves...
https://youtu.be/wWz82Pt52Eg