The survey found that 64 pct of CEOs in the UK believe climate change is a threat to their organization, with a quarter stating that they were "extremely concerned" about the issue -- tripling 2016 levels when just 7 pct of UK CEOs said they were extremely concerned.
On the up side, more than half of respondents agreed that climate change initiatives will lead to significant new product and service opportunities, while almost three-quarters of UK CEOs -- and a similar proportion of global CEOs -- believe their response to climate change initiatives will provide a public opinion advantage among key stakeholders.
Even so, 54 pct of UK CEOs said they do not believe they are seeing changes in international policies that will mitigate climate change risks while 21 pct of UK CEOs believe they are seeing effective change in this area on the domestic front -- well below the global average of 36 pct.
(Source: PwC, Various Media, BusinessGreen, 20 Jan., 2020) Contact: PwC, Emma Cox, UK Leader for Climate Change and Sustainability, +44 (0)20 7583 5000,
+44 (0)20 7212 4652 - fax., www.pwc.co.uk
More Low-Carbon Energy News limate Change, PwC,
Fayetteville Public Works Commission will use the funding to support the participation of 10 eligible households in their PWC Community Solar Weatherization Pilot project.
Blue Ridge Energy's Community Solar Savings Pilot will serve 10 households, with each receiving a bill credit for the energy generated by solar panels plus a rate reduction from the standard residential energy charge.
Roanoke Electric Cooperative will serve 20 homes participating in the Upgrade to Save Community Solar Program. The community solar participation will allow the households to share in the community solar garden and receive future billing credits estimated at approximately $365 per year per eligible household for a period of no less than 15 years. (Source: NCWAP, rrspin.com, 15 Oct., 2019) Contact:
N.C. Weatherization Assistance Program , www.nc.gov/weatherization-assistance-program
More Low-Carbon Energy News Roanoke Electric Cooperative, Solar, Community Solar,
The PwC report notes the UK is among the economies with the most improvement since 1990, while the greatest strides have been seen in Eastern Europe and Central Asia.
In addition to joining RE100, PwC has also committed to offsetting unavoidable emissions linked to air travel by investing in a range of voluntary carbon offsets. PwC network firms will select from a portfolio of offsetting projects to reflect their local priorities.
Amongst the project portfolio are a biodiversity reserve in Borneo, a wind farm in Turkey, a cook stove project in China and a landfill gas project in New York state generating electricity for 18,000 homes and creating 420 acres of new wetlands.
(Source: PWC, The Financial, 17 Oct., 2018)Contact: PricewaterhouseCoopers, www.pwc.com; RE100, www.thre100.org; CDP, www.cdp.net
More Low-Carbon Energy News CDP, RE100, PwC, Carbon Emissions, Renewable Energy,
At current decarbonization levels, the global carbon budget for 2 degree C would run out in 2036.
Each year the global economy failed to decarbonize at the required rate, the 2 degree C goal would become more difficult to achieve. The gap between current decarbonization and that needed to limit global warming to 2 degree C was 6.4 pct a year, the PwC report added.
London, UK-headquartered PricewaterhouseCoopers is a multinational professional services network of firms in 158 countries and 743 locations.
(Source: PwC, The Australian, Graham Lloyd, Environment Editor, 7 Oct., 2018) Contact: PricewaterhouseCoopers, www.pwc.com
More Low-Carbon Energy News PricewaterhouseCoopers, Climate Change, Carbon Capture, CCS,
The challenge is centered on a new online platform that gives participants access to about 70 different tips that will help reduce their carbon footprint-environmental impact. While the challenge is designed for homeowners, businesses will be encouraged to participate as well, Emerson said. Part of the coordination comes from the Watt Smart community plans that have been developed with Rocky Mountain Power. (Source: Summit Community Power Works, Park Record. 9 Sept., 2018) Contact: Summit Community Power Works, Kevin Emerson, Energy Efficiency Program Director, CSPW Challenge, https://scpwchallenge.org
More Low-Carbon Energy News Carbon Emissions, Energy Efficiency,
The study finds that renewable energy continues to attract an increasing share of global investment, with annual investments expected to grow by $130 billion, compared to 2016 figures, reaching around $370 billion in 2020. The global investment cumulative total is estimated at $1.5 trillion between 2016 and 2020.
The report notes that GCC countries thus far have made little investment in renewables technology -- less than $1 billion in 2016 -- and are at risk of falling further behind other countries if they do not create a supportive, coherent policy framework to facilitate renewables investment.
While several factors in the GCC make rapid deployment of renewables attractive, there are major structural and institutional factors behind current underinvestment in renewable energy.
These include generous fuel subsidies, a mindset that prefers building very large conventional plants to meet rapidly growing demand, concerns over transmission and distribution networks and unclear regulatory and policy frameworks that discourage the development of renewables.
(Source: Strategy& Middle East, Arabian Business, 5 June, 2018) Contact: Strategy& Middle East, +961 1 985 655, www.strategyand.pwc.com/me/home
PwC UK achieved and exceeded its 2007 sustainability goal of reducing carbon emissions by 25 pct by increased building efficiencies, holding carbon emissions from travel flat and cutting its energy consumption by half.
(Source: PwC, PR, 13 Feb., 2017) Contact: PwC UK, www.pwc.co.u
More Low-Carbon Energy News Carbon Emissions, Carbon Footprint,
Since first launching its biodiesel solution in 2012, Targray has become one of the North American clean fuel industry's largest biofuel suppliers, with a dedicated rail fleet linking supply terminals in California, Florida, Illinois, Ohio, and Louisiana to fuel retailers and fleets in the US and Canada. (Source: Targray, PwC, PR, 25 April, 2017) Contact: Targray, www.targray.com/biofuels; PwC, www.pwc.com/ca
More Low-Carbon Energy News Biodiesel,