This is an abridged version of BloombergNEF’s annual accounting of global investment in the low-carbon energy transition. BNEF clients can find the full version on Bloomberg Terminal or bnef.com Previously focused on renewables, the report now includes... 

General Motors said Thursday it plans to be carbon neutral by 2040 in its global operations and hopes to offer only zero-emissions vehicles by 2035. The largest US automaker, GM had previously announced that it was working towards an “all electric... 

Improving the efficiency with which energy is consumed by end-users is a central theme of the European Union’s energy policy. Energy efficiency constitutes one of the five dimensions of the European Commission’s Energy Union Strategy, designed... 

Even though the United States has achieved the long-sought goal of energy self-sufficiency, energy security remains a strategic and economic challenge. Despite “self–sufficiency,” the U.S. still imports significant quantities of oil and natural... 

The combined emissions of the richest 1% of the global population account for more than twice the share of the poorest 50%. That’s according to the Emissions Gap Report by UN Environment Programme (UNEP), which suggests the richest 1% will need to... 

Climate is a fundamental investment theme quickly filtering down through the ranks of the wealthy and far below the level of billionaires. Amazon’s Jeff Bezos just named the first recipients of his $10 billion climate fund. Elon Musk’s electric vehicle... 

A major offshore wind farm, set to be the largest on the planet, took another leap forward Thursday with SSE Renewables and Equinor announcing the completion of a deal to finance the project. Once completed, the Dogger Bank Wind Farm in Britain —... 

An interesting situation has arisen in the United Kingdom, which should draw the attention of all those focused on the “energy transition.” It speaks to the underlying unreliability of renewable energy and, in particular, the current state of green... 

The taking of impairments to oil and gas assets can become a point of controversy in the oil and gas business, often because they are the result of a complex decisions and judgments made by each individual company about current and future market conditions. As... 

The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as it seeks to become climate neutral by mid-century, according to a draft policy. The 27-nation EU, which is already home... 

As the world passes through challenging times, we are ever more so reminded of our interconnectedness and responsibility for each others’ well-being. Today, the need to change is more urgent than ever, and the inspiration to evolve is most abundant! Sustainable... 

The Spanish energy group Iberdrola has launched a €75bn investment plan to 2025. Almost €35bn (51%) will go to renewables and €27bn (40%) to networks. Iberdrola intends to nearly double its renewable power capacity from 32 GW in 2019 to 60 GW...