- May 18, 2021 6:50 am GMT
"To put it mildly, gas is over...Without the end to the use of unabated fossil fuels, we will not be able to reach the climate targets," European Investment Bank (EIB) president Werner Hoyer said...
Super interesting piece from Reuters even though the article doesn't mention alternatives to gas for heat-driven processes in the lower temperature ranges that consume as much energy as global electricity demand.
For investors and banks worried about stranded assets, volatility, carbon emission taxes, expensive solutions, and public sentiment, solar thermal may be a great alternative. With the added bonus of producing three times as many kWh as solar PV per area.
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