World Needs $2.7 Trillion Annually for Net Zero Emissions by 2050-Wood Mackenzie

(Reuters) Global investment of $2.7 trillion a year is needed to achieve net zero emissions by 2050 and avoid temperatures from rising above 1.5 degrees Celsius this century, a report by consultancy Wood Mackenzie said on Thursday.  Scientists have said the world ideally needs to limit global average temperature rise to 1.5C this century to avoid catastrophic effects from climate change.... Continue Reading →

Floating Platforms of the Future: WES Explores Shared Infrastructure for Wave Energy, Offshore Wind

Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), is running tests at the University of Edinburgh’s FloWave facility, to determine the potential for floating platforms that can be used by both offshore wind and wave energy devices. The move has been prompted by a report by Offshore Wind Consultants (OWC) exploring the synergies... Continue Reading →

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