China will discontinue fixed pricing for renewable energy, shifting to market-determined rates. This change aims to reflect market dynamics, enhance efficiency, and stimulate investment in ancillary services by June.
China’s solar industry struggles with severe competition and price declines, with over 30% of companies reporting losses. Despite challenges, long-term demand for low-carbon technologies remains strong.
Denmark’s EV registrations surged to 50.9% of new car registrations, competing with Norway. Mobility Denmark attributes this to lower costs and taxes, with Tesla leading in popularity.
Global carbon pricing schemes raised a record $104 billion in 2023, but prices remain too low to meet Paris Agreement goals.
The US, despite its climate action efforts, remains the world’s top oil producer for the sixth consecutive year, reaching record-breaking crude oil production of 12.9 million barrels per day. Despite growing global pressure to phase down fossil fuels, the US maintains its oil dominance.
Many people believe electric cars are too expensive, but the full cost of traditional cars isn’t considered. Western car companies prioritize luxury EVs, leaving affordable options to China. However, cheaper EVs are on the horizon.
Demand for sustainability professionals is increasing, with Sustainability Manager roles leading due to new legislation and changing business practices.
Ukraine, Europe’s major wheat producer, faces economic challenges due to extreme weather impacting winter wheat crops. Climate change exacerbates the situation, threatening global food supply.
Black Friday promotes mass overconsumption and profit-seeking behavior, undermining claimed sustainability by companies. The author encourages responsible consumerism and criticizes the event’s environmental impact.
Despite global layoffs, green employment is rising following China’s carbon neutrality pledge.
A greener life, a greener world 