{"id":9064,"date":"2015-06-13T07:04:27","date_gmt":"2015-06-13T12:04:27","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9064"},"modified":"2015-06-13T07:04:27","modified_gmt":"2015-06-13T12:04:27","slug":"energy-round-up-tectonic-shifts","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9064","title":{"rendered":"Energy round-up: tectonic shifts"},"content":{"rendered":"<h3><a href=\"http:\/\/www.neweconomics.org\/blog\/entry\/energy-round-up-tectonic-shifts\" target=\"_blank\">Energy round-up: tectonic shifts<\/a><\/h3>\n<div class=\"main-img\"><img loading=\"lazy\" decoding=\"async\" class=\"popout-img\" src=\"http:\/\/www.neweconomics.org\/page\/-\/images\/headers\/tectonicshifts_EC.png\/@zx_475@zy_285\" alt=\"\" width=\"475\" height=\"285\" \/><\/p>\n<p class=\"credit\">Photo credit:\u00a0<img loading=\"lazy\" decoding=\"async\" class=\"cc\" src=\"http:\/\/www.neweconomics.org\/page\/-\/wrapper\/img\/cc-logo.png\/@mx_12@my_12\" alt=\"\" width=\"12\" height=\"12\" \/>\u00a0\u00a0<a href=\"https:\/\/www.flickr.com\/photos\/gnuckx\/4773785162\/\">gnuckx<\/a><\/p>\n<\/div>\n<h5>Three things you shouldn&#8217;t miss this week<\/h5>\n<ol>\n<li><strong>Chart:\u00a0<\/strong>Is the global economy becoming less energy intensive?<\/li>\n<\/ol>\n<p><a href=\"http:\/\/b.3cdn.net\/nefoundation\/e2dc91a5cd1f7a89eb_uhm6ivi9h.png\"><img decoding=\"async\" src=\"http:\/\/b.3cdn.net\/nefoundation\/e2dc91a5cd1f7a89eb_uhm6ivi9h.png\" alt=\"\" \/><\/a><\/p>\n<p><em>Source:\u00a0<a href=\"http:\/\/www.bp.com\/en\/global\/corporate\/about-bp\/energy-economics\/statistical-review-of-world-energy\/statistical-review-downloads.html?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=9+-+BP+Statistical+Review+of+World+Energy+20&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">BP Statistical Review of World Energy 2015<\/a><\/em><\/p>\n<ol start=\"2\">\n<li><strong>Article:\u00a0<a href=\"http:\/\/www.theguardian.com\/environment\/2015\/jun\/04\/former-shell-chairman-advocates-fossil-fuel-divestment?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=10+-+Fossil+fuel+divestment+is+rational+says+&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">Fossil fuel divestment is rational, says former Shell chairman<\/a><\/strong>\u00a0&#8211; Mark Moody-Stuart is also worried about the lack of industry progress in addressing climate change.<\/li>\n<\/ol>\n<ol start=\"3\">\n<li><strong>Article:\u00a0<a href=\"http:\/\/www.telegraph.co.uk\/finance\/newsbysector\/energy\/oilandgas\/11664366\/BP-sees-tectonic-shift-in-world-energy-production.html?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=11+-+BP+sees+tectonic+shift+in+world+energy+p&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">BP sees &#8216;tectonic shift&#8217; in world energy production<\/a><\/strong>\u00a0\u2013 Energy consumption slows dramatically as China cutback and Opec battle US shale drillers.<\/li>\n<\/ol>\n<p>This week the latest edition of the\u00a0<a href=\"http:\/\/www.bp.com\/en\/global\/corporate\/about-bp\/energy-economics\/statistical-review-of-world-energy\/statistical-review-downloads.html?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=1+-+BP+Statistical+Review+of+World+Energy&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">BP Statistical Review of World Energy<\/a>noted two important trends.<\/p>\n<ol>\n<li><strong>Renewables are still the fastest growing source of global energy<\/strong><\/li>\n<\/ol>\n<p>In 2014 global energy consumption growth fell to its lowest level since 1998: even better is that renewables made up 30% of that growth. While this is positive, the scale of the challenge can\u2019t be underestimated: BP\u2019s report shows that renewables still contribute just 3% of global primary energy.<\/p>\n<p>Indeed, a new report from the IEA this week called for\u00a0<a href=\"http:\/\/www.iea.org\/newsroomandevents\/news\/2015\/may\/clean-energy-progress-falling-short-of-climate-goals.html?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=2+-+more+policy+support&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">more policy support<\/a>\u00a0for the sector because the current rate of progress is not fast enough to meet the 2\u00b0C climate target. For the same reason, a group of scientists and economists led by Sir David King, former chief scientific advisor to the UK government, called for an\u00a0<a href=\"http:\/\/www.bbc.co.uk\/news\/science-environment-32967386?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=3+-+Apollostyle+mission&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">Apollo-style mission<\/a>\u00a0to make renewable power cheaper than coal within a decade.<\/p>\n<ol start=\"2\">\n<li><strong>Global greenhouse gas emissions growth has slowed to 0.5%<\/strong><\/li>\n<\/ol>\n<p>However, the emissions figures aren\u2019t as positive as the IEA\u2019s\u00a0<a href=\"http:\/\/www.neweconomics.org\/blog\/entry\/what-stalling-emissions-mean-and-dont-mean-for-our-climate?&amp;utm_medium=email&amp;utm_source=nefoundation&amp;utm_content=4+-+preliminary+estimates&amp;utm_campaign=Energy+Crunch+-+12+June+2015&amp;source=Energy+Crunch+-+12+June+2015\">preliminary estimates<\/a>\u00a0which showed 2014 emissions stalling at 2013 levels. While it\u2019s encouraging to see emissions growth starting to slow, we mustn\u2019t forget that what we really need is a rapid\u00a0<em>decrease<\/em>\u00a0overall.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy round-up: tectonic shifts Photo credit:\u00a0\u00a0\u00a0gnuckx Three things you shouldn&#8217;t miss this week Chart:\u00a0Is the global economy becoming less energy intensive? Source:\u00a0BP Statistical Review of World Energy 2015 Article:\u00a0Fossil fuel divestment is rational, says former Shell chairman\u00a0&#8211; Mark Moody-Stuart is also worried about the lack of industry progress in addressing climate change. Article:\u00a0BP sees &#8216;tectonic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[263,264,6344,268,5444,1108,6345,2700,674],"class_list":["post-9064","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-energy","tag-energy-consumption","tag-energy-demand","tag-energy-production","tag-energy-round-up","tag-energy-use","tag-fossil-fuel-divestment","tag-gdp-growth","tag-renewable-energy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9064"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9064\/revisions"}],"predecessor-version":[{"id":9065,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9064\/revisions\/9065"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}