Study: Half of economies already transitioning away from fossil fuels in their energy systems

Stuart Stone
clock • 7 min read
The Ratcliffe-on-Soar coal plant in Nottinghamshire, due to be decommissioned in October 2024 | Credit: iStock
Image:

The Ratcliffe-on-Soar coal plant in Nottinghamshire, due to be decommissioned in October 2024 | Credit: iStock

2024 will likely see another record year of coal, oil and gas consumption, but renewables trends mean the global energy market is nearing a turning point, new analysis claims

Round the clock negotiations at the COP29 Climate Summit in Baku may be deadlocked over how to build on the commitment made by governments last year to 'transition away' from the use of fossil fuels in...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Paris Agreement: UK formally submits NDC climate targets for 2035

Paris Agreement: UK formally submits NDC climate targets for 2035

Ed Miliband confirms submission of 'early and ambitious' target to slash greenhouse gas emissions by 81 per cent against 1990 levels

Stuart Stone
clock 30 January 2025 • 5 min read
BBC commits to 'low-carbon future' in first Net Zero Transition Plan

BBC commits to 'low-carbon future' in first Net Zero Transition Plan

Broadcaster's inaugural Transition Plan sets out pathway to achieving net zero by 2050, in line with climate and nature reporting frameworks

Stuart Stone
clock 28 January 2025 • 2 min read
Study: Nature-based climate solutions can successfully slash livestock farming emissions

Study: Nature-based climate solutions can successfully slash livestock farming emissions

Analysis of on-farm interventions argues nature-based solutions are more effective than tech-based interventions in reducing emissions reduction while delivering biodiversity gains

clock 28 January 2025 • 4 min read