DATA DIVE: Energy transition barely begun as fossil fuel demand reaches new heights in 2023
There were few signs of a global energy transition taking place in the Energy Institute’s 2024 Statistical Review of World Energy, which was released on Thursday, as data revealed that global primary energy consumption hit new heights in 2023.
Read MoreDATA DIVE: The European countries set to capitalise on demand for carbon storage
Certain European countries blessed with geographical advantages can expect to reap significant rewards as demand for carbon storage heats up this decade.
Read MoreDATA DIVE: The state of G7 climate progress, according to the latest data
Leaders of the G7 group of developed economies are gathering on Thursday (June 13) for their annual meeting, with a host of global crises on the agenda to keep them busy.
Read MoreDATA DIVE: The EU’s achievements on climate and energy in 2019-24
Despite unexpected external events – from Covid-19 to the war in Ukraine – the EU stayed the course on climate action during the past five years, delivering steeper-than-ever reductions in CO2 emisssions while ramping up the deployment of renewables and other clean technologies to meet its climate goals.
Read MoreDATA DIVE: Big spenders – Where does the EU channel its ETS revenues?
The EU ETS has helped bring down emissions from power and industry by 47% since 2005, and the money raised each year through the auctioning of carbon permits brings in a substantial amount of income to the bloc, with billions channeled towards clean energy projects, data shows.
Read MoreDATA DIVE: Shell’s dominance of the voluntary carbon market drives retirements surge
Anglo-Dutch oil major Shell has dominated the voluntary carbon market (VCM) over the past six months, retiring 14% – or one seventh – of all credits retired between Nov. 2023 and April 2024, Carbon Pulse analysis has shown.
Read MoreDATA DIVE: Booming energy company activity lifts voluntary carbon credit retirements in 2024
Credit retirements across the four main registries in the voluntary carbon market are on track for a record year, lifted by particularly buoyant activity among energy companies.
Read MoreDATA DIVE: Built on solid rock – How Kenya emerged as a global leader for carbon market investment
This is the first story in Carbon Pulse’s newly-launched data journalism offering. Data Dive delves deeper into larger data sets to analyse the figures, identify the trends, and employ helpful visualisations that together deliver compelling and insightful news articles for our subscribers.
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