Bloomberg report charts acceleration of global energy transition FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Depressed in 2020 by the worldwide economic slowdown brought on by the coronavirus pandemic, global carbon dioxide emissions from power, transportation, industry and buildings peaked in 2019 at 31.9 gigatons of CO2 equivalent, according to an Oct. 27 report from BloombergNEF.After dropping 8.6% in 2020, emissions will again tick upward through 2027, but will remain below 2019’s level and then decline roughly 0.7% per year through 2050, the clean energy research firm said in its 2020 New Energy Outlook.In the global power sector, the COVID-19 crisis “has brought forward a triple peak” of both coal use and emissions, in 2018, and natural gas in 2019, according to the report. The analysis predicts that global oil demand will peak in 2035.Wind and solar energy, on the other hand, will continue to gather momentum, rising to 56% of global power generation by 2050, up from 9% in 2020, BloombergNEF, or BNEF, added. Over the next 30 years, wind, solar and battery storage together will seize an 80% share of $15.1 trillion to be invested in power capacity, according to the report, which forecasts an additional $14 trillion in power grid outlays to 2050.“Our projections for the power system have become even more bullish for renewables than in previous years, based purely on cost dynamics,” said Seb Henbest, BNEF’s chief economist and lead author of the report, in a news release. The report also highlights the “tremendous opportunity” for direct electrification and green hydrogen to help decarbonize transport, buildings and industry, Henbest said.Natural gas, fueled by building and industrial demand, is the only fossil fuel forecast to continue growing to 2050 in the report.[Garrett Hering]More ($): Global emissions peaked in 2019 as pandemic hastens energy transition – report
Ex-Ghana midfielder Otto Addo has been appointed as a caretaker coach of Bundesliga side Hamburg following the dismissal of Thorsten Fink.Addo has been appointed alongside Rodolfo Cardoso to prepare the side for their next league match against Werder Bremen on Saturday.The 38-year-old had been in charge of the U19 side of the Red Shorts since July this year.Fink was relieved of his duties on Tuesday morning three days after losing 6-2 to Borrusia Dortmund.“We were not convincing in our games and we could not recognise any consistency,” Hamburg Sporting director Oliver Kreuzer said.“I had a very good relationship with Thorsten and I hope it remains that way, but given the current situation, we decided yesterday to part ways. “Rodolfo Cardoso and Otto Addo will coach the side this afternoon until further notice.”Hamburg have lost three of their first five games of the new Bundesliga season as one point separates them from the relegation zone.