Between $44 billion and $52 billion in capital investments would be needed to reach the net-zero targets set out by the federal government by 2035, said the Alberta Electrical Systems Operator (AESO) in a 78-page report released last week. On Thursday Kevin Dawson, AESO director of forecasting and analytics, presented the report to stakeholders and said there is a need for big investments to get the grid to net-zero, which will include meeting demand needs and getting the energy out to consumers.
The UK’s councils are increasingly on the front line in dealing with the extreme weather of a changing climate; they have spent hundreds of millions of pounds over the past decade on flood defences and coastal protection. And when a flood does break through, it is often the council that picks up the bill.
Aviation accounts for 2.1% of global carbon emissions. While this figure seems low, the actual impact is significant. Moreover, the industry’s share could increase if there isn’t an overhaul. As a result, major players are touting the deployment of hydrogen fuel.