|The first month of 2020 is almost over, and we have kept the momentum in achieving our goals for The Thorium Network (TTN) as the urgency to act is now more than ever.|
The annual World Economic Forum Davos meeting came around again last week and a no-holds barred Special Address by Angela Merkel covered a range of topics including the reiteration that we are under pressure and need to act to combat climate change.
Importantly, she spoke about the shake-up in Germany’s energy mix, where they have taken the decision to first exit from old tech energy due to the long-term unsustainable waste management. With a focus on having electricity generation supply changed to being CO2 free, Germany is looking have 65% renewable energy by 2030.
This has been the only option so far and in Merkel’s words, Germany is a country where “the sun is not always shining and the wind is not always blowing”, which brings along another set of challenges. We are more certain than ever that Thorium adoption needs to happen now, to be part of the clean energy mix.
The January World Economic Forum insight report, The Net Zero Challenge: Fast-Forward to Decisive Climate Action, starts off by stating how demand for energy is expected to continue to grow by more than 25% between now and 2040. Much of that energy is consumed by emerging economies that are investing in carbon-heavy projects to boost economic growth.
We know that only seven governments worldwide are taking the lead with tangible action plans to meet the goals of the Paris Agreement. It is a small number, but it is growing: before COP25, it was only 67 of the UN’s 193 member states who had a net-zero ambition in place. The number has now increased to 121.
With TTN developing a sustainable new clean energy economy from Thorium, we are confident that these goals will be achieved as planned.2020 has only just begun, and we are another step closer to deliver Thorium to the world.
Founder & CEO
|What You Should Know|
Japan and Poland partner up in Energy, Communication and Infrastructure The two countries agreed last week to extend collaboration in an effort to further produce low-carbon energy. The summit’s purpose was to solidify their strategic partnership. Read more
Photo via AFP / Associated Press / East News
Scotland will reach 100% renewable energy goal in 2020, but will it be enough for Greta Thunberg? Fossil fuels are one of the biggest contributors to climate change, and eliminating a country’s dependence on fossil fuels can be a step in the right direction. But is it really enough? Read more
Photo via Sandra Blaser/World Economic Forum/Flickr
The TTN team was in Davos last week and is actively engaging with the WEF Blockchain and Distributed Ledger team, as part of our commitment to build a Thorium supply chain that is transparent, secure and efficient.
One Last Thing…When natural inclination develops into a passionate desire, one advances towards his goal in seven-league boots.– Nikola Tesla
Remember to reach out to us if you want to get involved in changing the world!The team at TTN
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