The pipeline of offshore wind projects in the US is over 25.8 gigawatts (GW), of which 21.2 GW is in sites won through government auctions, says the US Department of Energy. The 2018 Offshore Wind Technologies Market Report shows US offshore wind capacity could grow to 11–16 GW by 2030. Offtake prices for the first commercial-scale offshore wind project in Massachusetts were lower than expected. The first-year price for the power purchase agreement was $74 a megawatt-hour (MWh) for phase 1 of the 800MW Vineyard Wind project and $65/MWh for phase 2.

The 126 countries involved in China’s Belt and Road Initiative need to ensure investments in infrastructure and real estate are low-carbon and in line with the commitments of the Paris climate agreement if the world is to have any hope of keeping climate change and its effects under control, say researchers from China, the UK and the US. The report proposals a series of solutions, including forming an international coalition to support green financing and promoting green investment principles with global investors.

In 2018, the European Commission published its vision of how the European economy can become climate neutral by 2050 and countries around Europe are declaring climate emergencies. Yet, research shows not one EU member state comprehensively reports on its fossil fuel subsidies or has plans to phase them out. Worse, five EU countries — the UK, Germany, Greece, Poland and Slovenia — are looking to introduce new fossil fuel subsidies by 2030. The information comes from the countries’ draft National Energy and Climate Plans.