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This paper explores the role of electricity in the transition to renewable energy to mitigate climate change. A systematic literature review with the Scopus database identified 92 papers relevant to the renewable electricity transition. A PESTLE (Political, Economic, Sociological, Technological, Legal, and Environmental) review of the papers provided a multidisciplinary analysis. The Paris Agreement created a global movement for carbon neutrality to address the threats of climate change, calling for a transition to renewable electricity to lead the way and expand into new sectors and regions. Although smaller renewable technologies are ramping up, complexities thwarting the transition include locked-in assets, high upfront costs, variability of solar and wind energy, infrastructure, difficulty in decarbonizing transportation and industry, material resource constraints, and fossil fuel support. This research found that renewables are not replacing fossil fuels to date but adding further energy demands, so that greenhouse gas emissions rose in 2021 despite an increased renewable electricity share. Without a major shift in the trillions of dollars of subsidies and investment away from fossil fuels to renewables, catastrophic climate change is predicted. This paper found that the Paris Agreement's commitment to net-zero carbon and the transition to renewable electricity are undermined by record-high levels of subsidies and financing for fossil fuel industry expansion. Transitioning to a climate-neutral economy requires an investment away from fossil fuels into renewable energy ecosystems. Renewable electricity provides possibilities to realize sustainable development goals, climate stabilization, job creation, a green economy, and energy security with careful planning. [ABSTRACT FROM AUTHOR]

As a raw material for clean energy supply for the new generation, the soybean is conducive to the realization of global energy transition and sustainable development in the context of "carbon neutrality". However, global warming has been affecting soybean yields in recent years. How to clarify the correlation between meteorological factors and soybean yields, so as to ensure the security of soybean growth and development and the stability of renewable energy development, is a key concern of the government and academia. Based on the data of temperature, precipitation, sunshine duration and active accumulated temperature during the soybean growing season in Hulunbuir, Inner Mongolia Autonomous Region from 1951 to 2019, and soybean yield data of the city from 1985 to 2019, this paper adopted statistical methods such as the Trend Analysis Method, the Rescaled Range Analysis Method and so on to analyze the trends of yield changes, characteristics of abrupt changes and periodic patterns of climate factors and soybean yields in Hulunbuir. A Pearson Correlation Analysis and a Grey Relation Analysis were used to explore the correlation between climatic factors and soybean yields, followed by a comprehensive impact model of the combined effect of temperature and precipitation on soybean yields established by the Method of Integral Regression. The results showed that temperature and active accumulated temperature are the dominant factors affecting soybean yields in Hulunbuir, while the decrease in precipitation is unfavorable to the improvement of soybean yields. Meanwhile, temperature and precipitation have different effects on the growth and development of the soybean at different stages. The conclusion of this paper is of great practical significance for Hulunbuir to promote the sustainable development of clean energy. [ABSTRACT FROM AUTHOR]

Green bonds have increasingly been utilized around the world as a source of financing for renewable energy development, designed with compliance requirements and measurable economic returns to investors, while mitigating climate change. However, the efficacy of green bond arranged in the emerging economies for financing renewable energy assets and how the underlying risks are managed have remained to be explored. The paper aims to examine the evolving green financial system sponsored by both public and private institutions in managing such risks within China's emerging economy. A case study of green financing for a bundle of wind power assets led by a state-owned enterprise (SOE) reveals an alternative approach by structuring public–private collaboration while stipulating market-based financial incentives to institutional stakeholders under a political economy. This institutional consortium is composed of a state development bank, a commercial bank, credit rating agencies, institutional and private investors, regional power purchasers, and carbon trading entities. Financial stakeholders' risk in such emerging sustainable investment is moderated by these participating institutions and structured "upsides" from carbon trading aligned with the framework of green finance and standards for green bond development. The results reveal the potentials of scaling up the development of renewable energy by adequately managing and sharing key risks, while allocating substantial funding into renewable energy projects under such a green financial system that is to be complementary with a scalable post COVID-19 economic recovery. [ABSTRACT FROM AUTHOR]