As the urgency of the climate crisis grows, new analysis reveals that coal is no longer the cheapest way to power the global economy.

In this note presented the findings of coal power economics analysis for Vietnam to understand the potential for asset stranding and relative competitiveness of renewable energy. Coal has long been considered the least-cost option for power in Vietnam.

The political tipping point is coming. The falling costs of renewables are driving a political tipping point where politicians move from expensive support for renewables to embrace the sector and to tax fossil fuel externalities. This is a key driver of the Inevitable Policy Response show-cased by the UN PRI.

This report, present the results from a revolutionary method pioneered by Carbon Tracker to use satellite imagery to estimate the utilisation of fossil fuel power plants.

The peak in fossil fuel demand will have a dramatic impact on financial markets in the 2020s. The global energy system is transitioning from a system mainly based on fossil fuels to one mainly based on renewable energy sources.

This report looks exclusively at potential oil demand displacement from electric vehicles (EVs) and finds: EVs alone could cause peak oil demand by the late 2020’s – with annual marginal growth in oil demand (IEA New Policies Scenario) entirely offset by EVs as early as 2027.

EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Commission ultimately legislates to align the bloc’s current emissions targets with the Paris climate agreement, finds a new report by Carbon Tracker.

Phasing out unprofitable coal plants could save US consumers US$10 billion a year by 2021 and boost the country’s competitiveness, finds a new report by Carbon Tracker. The financial think tank finds that by the mid-2020s it will be cheaper to build new combined cycle gas turbines (CCGT) than continue running 78% of existing coal power plants.

China risks wasting $490 billion on new coal plants that will be unneeded as structural changes to its economy, increased non-coal capacity targets, power sector reforms and carbon pricing slashes coal-fired generation, analysis by the Carbon Tracker Initiative.

While many G20 nations are showing some commitment to tackling climate change, most are also still spending heavily to subsidize the fossil fuel industry.