Daily on Energy: E&C goes nuclear, IEA sees 10x EVs, and EPA funds environmental justice

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Daily on Energy: E&C goes nuclear, IEA sees 10x EVs, and EPA funds environmental justice
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Breanne Deppisch is an energy and climate policy reporter at the Washington Examiner. A former national political reporter, she has closely covered campaigns, Congress, and the White House since 2016.

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IEA’S LATEST PROJECTIONS: The world is set to have as much as 10 times as many electric cars on the road as today, with renewable energy making up almost half of the global power supply, by 2030, according to the International Energy Agency’s annual World Energy Outlook. However, that’s still not enough for countries to reach the Paris Agreement’s goals of limiting the global temperature increase to 1.5 degrees above pre-industrial levels.

Along with its EV cars projection, the IEA predicts that renewables will contribute 80% of new power generation to 2030, with solar alone accounting for half of this expansion. However, although the world is set to have manufacturing capacity for more than 1,200 gigawatts of solar panels per year, it’s projected to only deploy 500 GW in 2030. Furthermore, if the world were to reach 80 GW of new solar capacity by 2030, it could lead to a further 20% reduction in coal-fired generation in China.

In a statement released by his office, the Alabama Republican stressed that unity amongst the conference is imperative to move forward with a House Speaker – and stated that he would work with the next leader to enact his platform’s principles . QUANTIFYING BENEFITS OF ENERGY EFFICIENCY MEASURES FOR INDUSTRY: Doubling energy efficiency measures in industrial processes could save $437 billion and 11% of global emissions through 2030, according to a new report commissioned by the Energy Efficiency Movement and conducted by Development Economics.

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