BlackRock Renewables Fund Hits USD 1bn In 1st Close
The title of this post, is the same as that of this article on Renewables Now.
Wikipedia says this about BlackRock.
BlackRock is one of the world’s largest asset managers with $6.84 trillion in assets under management as of August 2019.
The company has been very successful over the years and although there have been controversies about their investments in fossil fuels, their move into renewables and energy storage must be significant.
If you are managing money for organisations like pension funds and insurance companies, you must be prudent, as otherwise little pensioners and the insured won’t get paid.
Renewable Energy Outperforms Fossil Fuels For A Whole Quarter
The title of this post is the same as that of an article in today’s copy of The Times.
This is the introductory paragraph.
Wind and solar farms and other sources of renewable power have produced more electricity than fossil fuels for the first time in a three-month period.
This is a good figure, but how do we compare with the rest of the world.
This Wikipedia entry is entitled List Of Countries By Electricity Production Prom Renewable Sources.
These are some example percentages of renewable energy production.
- Albania – 100 %
- Australia – 14.5 %
- Belgium – 16.6 %
- Brazil – 80.4 %
- Canada 65.0 %
- China – 24.5 %
- Denmark – 60.5 %
- Egypt – 8.2 %
- Ethiopia 93.6 %
- France – 17.5 %
- Germany – 29 %
- Hungary – 10.1 %
- Iceland – 100.0 %
- India – 16.88 %
- Indonesia – 15.9 %
- Iran – 5.8 %
- Iraq – 6.4 %
- Ireland – 24.7 %
- Israel – 2.5 %
- Italy – 37.3 %
- Japan – 15.0 %
- Kuwait – 0.1 %
- Libya – 0.0 %
- Malaysia – 13.7 %
- Netherlands – 12.1 %
- New Zealand – 83.9 %
- Norway – 97.2 %
- Poland – 13.7 %
- Qatar – 0.3 %
- Pakistan – 32.7 %
- Russia – 16.9 %
- Saudi Arabia – 0.0 %
- South Africa – 3.2 %
- South Korea – 2.8 %
- Spain – 38.1 %
- \sweden – 57.1 %
- Switzerland – 59.8 %
- Taiwan – 4.2 %
- Turkey – 32.9 %
- UAE – 0.3 %
- United Kingdom – 27.9 %
- United States – 14.7 %
Figures are for 2016
The Anonymous Widower 