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Natural Heritage

Natural Heritage
Preserving the natural patrimony is the most inexpensive and efficient environmental economics. The term natural heritage derives from the French "patrimoine naturel", the totality of natural assets, including those of historical, cultural or scenic beauty. It give us understanding the importance of natural environment: where we came from, what we do and how we will be. Our lives are connected to the landscapes of our daily lives, as well as we keep the memories of places we went. The destruction of these landscapes cause irreversible environmental damage, and are an insult to our memory, causing loss of quality of life.

UnitingPeopleToProtectThePlanet

UnitingPeopleToProtectThePlanet
EarthHour 2017 25 March 8:30PM *LocalTime

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Saturday, March 4, 2017

Bloomberg New Energy Finance: New Energy Outlook 2016 "Powering a Changing World"

Watch the story unfold.

New Energy Outlook (NEO) is Bloomberg New Energy Finance's annual long-term view of how yhe world's power markets will evolve in the future. Get the executive summary.

Overview

Focused on the electricity system, NEO combines the expertise of over 65 country and technology specialists in 11 countries to provide a unique view of how the market will evolve.

What sets NEO apart is that our assessment is focused on the parts of the system that are driving rapid change in markets, grid systems and business models. This includes the cost of wind and solar technology, battery storage, electricity demand and consumer dynamics among others. Get the report.

Cheaper coal and cheaper gas will not derail the transformation and decarbonisation of the world’s power systems. By 2040, zero-emission energy sources will make up 60% of installed capacity. Wind and solar will account for 64% of the 8.6TW of new power generating capacity added worldwide over the next 25 years, and for almost 60% of the $11.4 trillion invested.

Power Findings
8 eye-catching findings from this year’s report

1. Coal and gas prices stay low. A projected supply glut for both commodities cuts the cost of generating power by burning coal or gas, but will not derail the advance of renewables.

2. Wind and solar costs drop. These two technologies become the cheapest ways of producing electricity in many countries during the 2020s and in most of the world in the 2030s. Onshore wind costs fall by 41% and solar PV costs fall by 60% by 2040.

3. Asia-Pacific leads in investment, representing 50% of all new investment worldwide. Despite slower growth in the near-term, China remains the most important center of activity.

4. Electric car boom. EVs increase global electricity demand by 8% – reflecting BNEF’s forecast that they will represent 35% of new light-duty vehicle sales in 2040, some 90 times the 2015 figure.

5. Cheap batteries everywhere. The rise of EVs further squashes the cost of lithium-ion batteries, boosting power storage and working with other flexible capacity to help balance renewables.

6. A limited ‘transition fuel’ role for gas outside of the US, with only 3% growth in gas demand for power to 2040, and generation peaking in 2027.

7. Coal’s diverging trajectories. Coal generation plummets in Europe and peaks in 2020 in the US and in 2025 in China; however it increases 7% globally due to rapid growth in other Asian and African emerging markets.

8. 2⁰C scenario. On top of the forecasted $9.2tn investment in zero-carbon power, an extra $5.3tn is needed by 2040 to prevent power-sector emissions rising above the IPCC’s ‘safe’ limit of 450 parts per million.

https://www.bloomberg.com/company/new-energy-outlook/