Inspiring News Stories
Excerpts of Highly Inspiring News Stories in Major Media
Below are one-paragraph excerpts of highly inspiring news stories from the major media. Links are provided to the original stories on their media websites. If any link fails to function, click here. The inspiring news story summaries most recently posted here are listed first. You can explore the same list with the most inspiring stories listed first. See also a concise list providing headlines and links to a number of highly inspiring stories. May these articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
Global demand for fossil fuels will peak in 2023, an influential thinktank has predicted. Explosive growth in wind and solar will combine with action on climate change and slowing growth in energy needs to ensure that fossil fuel demand peaks in the 2020s, Carbon Tracker predicted. The projection is much more bullish than estimates by the global energy watchdog and oil and gas companies, which mostly expect demand to peak in the mid-2030s. Coal reached its peak in 2014. The group, which popularised the notion of a carbon bubble – where fossil fuel assets lose their value in the switch to a low-carbon economy – said the findings spelled disruption for energy firms. The Bank of England governor, Mark Carney, has already warned that markets face a “huge hit” from the transition. The Carbon Tracker report warned incumbency and size would be no protection, and compared the fate of fossil fuel firms to the horse and cart at the start of the 20th century. “Demand for incumbents peaks early, and investors in incumbents lose money early,” it said. The first two decades of this century were the innovation period for renewables, the authors said, while the “endgame” for fossil fuels – when renewables overtake them – would come from 2050 onwards. Falling wind and solar costs would lead to some emerging countries “leapfrogging” fossil fuels and opting for renewables to meet most of their growing energy needs, the thinktank said.
Note: Ireland recently became the first country to fully divest from fossil fuels. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
