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1.
Patterns (N Y) ; 4(7): 100776, 2023 Jul 14.
Article in English | MEDLINE | ID: mdl-37521043

ABSTRACT

Averting dangerous climate change requires expediting the retirement of coal-fired power plants (CFPPs). Given multiple barriers hampering this, here we forecast the future retirement ages of the world's CFPPs. We use supervised machine learning to first learn from the past, determining the factors that influenced historical retirements. We then apply our model to a dataset of 6,541 operating or under-construction units in 66 countries. Based on results, we also forecast associated carbon emissions and the degree to which countries are locked in to coal power. Contrasting with the historical average of roughly 40 years over 2010-2021, our model forecasts earlier retirement for 63% of current CFPP units. This results in 38% less emissions than if assuming historical retirement trends. However, the lock-in index forecasts considerable difficulties to retire CFPPs early in countries with high dependence on coal power, a large capacity or number of units, and young plant ages.

2.
PLoS One ; 17(2): e0263596, 2022.
Article in English | MEDLINE | ID: mdl-35171938

ABSTRACT

The energy products of oil and gas majors have contributed significantly to global greenhouse gas emissions (GHG) and planetary warming over the past century. Decarbonizing the global economy by mid-century to avoid dangerous climate change thus cannot occur without a profound transformation of their fossil fuel-based business models. Recently, several majors are increasingly discussing clean energy and climate change, pledging decarbonization strategies, and investing in alternative energies. Some even claim to be transforming into clean energy companies. Given a history of obstructive climate actions and "greenwashing", there is a need to objectively evaluate current and historical decarbonization efforts and investment behavior. This study focuses on two American (Chevron, ExxonMobil) and two European majors (BP, Shell). Using data collected over 2009-2020, we comparatively examine the extent of decarbonization and clean energy transition activity from three perspectives: (1) keyword use in annual reports (discourse); (2) business strategies (pledges and actions); and (3) production, expenditures and earnings for fossil fuels along with investments in clean energy (investments). We found a strong increase in discourse related to "climate", "low-carbon" and "transition", especially by BP and Shell. Similarly, we observed increasing tendencies toward strategies related to decarbonization and clean energy. But these are dominated by pledges rather than concrete actions. Moreover, the financial analysis reveals a continuing business model dependence on fossil fuels along with insignificant and opaque spending on clean energy. We thus conclude that the transition to clean energy business models is not occurring, since the magnitude of investments and actions does not match discourse. Until actions and investment behavior are brought into alignment with discourse, accusations of greenwashing appear well-founded.


Subject(s)
Carbon Dioxide/analysis , Energy-Generating Resources/standards , Environmental Pollution/prevention & control , Greenhouse Effect/statistics & numerical data , Greenhouse Gases/analysis , Industry/economics , Energy-Generating Resources/economics , Humans , Industry/standards
3.
Ambio ; 48(5): 449-462, 2019 May.
Article in English | MEDLINE | ID: mdl-30206899

ABSTRACT

There is a consensus about the strategic importance of cities and urban areas for achieving a global transformation towards sustainability. While there is mounting interest in the types of qualities that increase the capacity of urban systems to attain deep transformations, empirical evidence about the extent to which existing institutional and material systems exhibit transformative capacity is lacking. This paper thereby seeks to determine the extent to which sustainability initiatives led by local governments and their partners reflect the various components that the literature claims can influence the emergence of transformative capacity as a systemic property of urban settings. Using an evaluative framework consisting of ten components of transformative capacity and associated indicators, the specific objective is to identify patterns in these initiatives regarding the presence of individual components of transformative capacity and their interrelations with other components. The analysis of 400 sustainability initiatives reveals thin evidence of transformative capacity. When detected, evidence of transformative capacity tended to emerge in relation to wider processes of institutional- and social-learning and initiatives that linked outcomes to a city-wide vision of planning and development. However, instances of such initiatives were rare. This widespread lack of evidence for transformative capacity raises concerns that this set of attributes normalised in the literature is in fact rarely found in sustainability action on the ground.


Subject(s)
Sustainable Growth , Cities , Conservation of Energy Resources , Conservation of Natural Resources
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