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Todd Moss - 1
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Europe Germany's Bavaria Ghana U.S Washington
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U.S - 1 Renewables - 1 State Department - 1 Energy - 1 Growth - 1

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☆ Here Are the Big Hurdles to the Global Push to Build up Renewable Energy
  + stars: | 2024-03-26 | by ( Associated Press | March | At P.M. | ) www.usnews.com   time to read: +2 min
The world's governments have agreed they want to triple renewable energy by 2030, a goal laid out at the U.N. climate summit in December. Here are the big hurdles to solar, wind and other renewable energy projects:COSTLY CREDITCentral banks in Europe and the U.S. have raised interest rates to combat inflation. Renewables have much higher up-front costs to build wind farms, solar arrays and more, and that borrowing costs money. Germany's southern region of Bavaria, for example, is known for resisting the noise and appearance of wind turbines in its scenic landscape. Installations have lagged in Bavaria and other regions despite the German government's push for more renewable energy after losing affordable Russian natural gas used to heat homes, generate electricity and power factories.
Persons: Todd Moss Organizations: U.S, Renewables, State Department, Energy, Growth Locations: Europe, Germany's, Bavaria, Ghana, U.S, Washington
☆ Nigeria is oil rich and energy poor. It can’t wait around for cheaper batteries
  + stars: | 2021-11-03 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +15 min
But it’s coming under huge pressure from developed countries to abandon fossil fuels and shift to renewable energy in order to help save the climate. AKINTUNDE AKINLEYE/EPA-EFE/ShutterstockLike the United States, Europe and Britain, Nigeria sees a prominent role for renewable energy, notwithstanding its investments into gas power. “In Nigeria, clean energy is central to our government’s plan to transition to net-zero emissions,” Osinbajo, the vice president, continued. In Nigeria, energy poverty is itself a major driver of emissions, according to Olu Verheijen, the founder of Lagos-based energy advisory business Latimer Energy. This means that in some cases, certainly for Nigeria, gas has an important role to play in providing power.
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