SolarPower Europe recently released a comprehensive report presenting key insights and updates on the global solar PV sector. This Climate Shocker will guide you through the most significant findings from the report: In 2023, a record 447 GW of solar capacity was installed globally, reflecting an impressive year-on-year increase of 87%. This milestone establishes 2023 as a r ...
India’s Elections 2024: Modi 3.0
Market Reactions and Elections Outcomes It has been a rollercoaster for India’s 2024 elections (see chart below). The Nifty index, a benchmark for the Indian stock market representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange, experienced significant fluctuations before closing at a new all-time high. This surge followed t ...
The impact of the European elections on climate investments
The Green Transition has made remarkable strides and has become a central component of Europe's strategy to combat climate change and reduce its high energy dependency, which was highlighted by the Russian invasion of Ukraine. According to consultant FleishmanHillard, 45% of the Green Deal initiatives have already been implemented, with an additional 15% nearing adoption. In t ...
10 takeaways from the Global Offshore Wind Update 2024
The Global Wind Energy Council (GWEC) released a new report on June 17, 2024, highlighting key insights and updates on the global offshore wind sector. This Climate Shocker will walk you through the 10 most important insights from the report: 2023 was a challenging year for the offshore wind sector. Inflation, increased interest rates, and supply chain constraints created a ...
South Korea: A Rising Powerhouse in Technology and Green Innovation
At the end of May, we visited South Korea, where we engaged with over twenty companies at their offices, toured a company site, and held discussions with numerous local analysts and contacts. More than half of our meetings were with companies from various climate-related sectors. A Land of Global Challengers South Korea is a fascinating country. After the Korean War (1950-53) ...
Eat Local or Eat Smart? The Climate Dilemma on Your Plate
Food production accounts for 26%[1] of global greenhouse gas emissions, profoundly impacting our climate. Alarmingly, if current food consumption patterns persist, we could see nearly 1°C of additional global warming by 2100[2]. This environmental impact is predominantly driven by meat production. For instance, 1 kilogram (or about four pieces) of steak has a climate footprint ...
Marine Geoengineering: Potential and Challenges in Combating Climate Change
Climate change is a pressing issue that needs no further introduction. It is now evident that achieving the 1.5°C target set by the Paris Agreement will require not only significant reductions in CO2 and other greenhouse gas emissions but also active removal of carbon from the atmosphere. Because they absorb about 20% of global CO2 emissions annually, the world’s oceans attract ...
Home is where the heart is
‘Home is where the heart is’ sung Elvis Presley in the early sixties. What did not change in that roughly 50-year time frame, is that buying a home still remains the most expensive outlay for nearly all people in their entire life. What is different today is that buying a home has never been so difficult in the sense that affordability of homes in the US is at record lows! Com ...