Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Techno-fixes to climate change aren’t living up to the hype

Illustration by Hugo Herrera / The Verge

An updated road map for combating climate change pours cold water on the idea that unproven technologies can play a major role in averting disaster.

Today, the International Energy Agency (IEA) updated its road map for the energy sector to reach net-zero greenhouse gas emissions by 2050. It doubles down on the need to swiftly switch to renewable energy while minimizing the use of technologies that are still largely in demonstration and prototype phase today, including carbon capture and hydrogen fuels.

The IEA, initially created to safeguard the world’s oil supply, debuted its landmark road map in 2021 with a stark forecast for fossil fuels: calling for no more investment in new oil, gas, and coal projects. It laid out steps every…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...