THE BRIEF [Nov 29-Dec 5’21]
Wildfires are erasing forests, first flight flown on 50% sustainable aviation fuel, how nature-based solutions can help and how the fossil fuel industry has negatively impacted climate policy.
Welcome to this week’s edition of The Weekly Climate 🎉
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‼️News you can’t miss
Here’s one important scary/bad (🙀), good (😻), interesting (😼) and fossil (💩) news item.
🙀 Wildfires are erasing forests in the US.
😻 First commercial flight flown on 50% sustainable aviation fuel.
😼 An interesting article diving into how nature-based solutions can help.
💩 A new study highlights the fossil fuel industry’s major impact on bad climate policy these past decades.
This week’s highlights
[#renewables] — The IEA’s new Renewables Market Report for 2021 just came out and according to it there are good reasons to expect exceptional high growth in the renewables sector in the coming years. 2021 alone is expected to see 290 GW of capacity coming online (which is 3% higher than 2020 which already had pretty stunning growth). However, it is not all rosy in renewables land as the sector is also experiencing price increases in deployments, especially the price of polysilicon is rising quite rapidly.
[#companypledges] — In a bit click-baity headline, the New York Times asks: “Hundreds of companies promised to help save forests. Did they?” And well, the answer isn’t quite as clear, because it’s multifaceted. First of all, to even be able to measure deforestation that a company is responsible for the company must first know where exactly it’s components are coming from and that alone is not easy. But it seems clear that progress has been made, at least to some degree and for some companies.
[#fossilresearch] — Here’s a great deep dive into how industries such as tobacco and fossil fuels have shaped and affected research around the world. As you would expect, it’s probably one of the darkest sides of capitalism…
That’s it for this week folks!
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See you all next week 👋