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COP29 Climate Financing Negotiations in Stalemate

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COP29 Climate Financing Negotiations in Stalemate

Solar Panel
28-09-2023

Boost in Solar Energy and Electric Vehicle Sales Gives Hope for Climate Goals, Report Says
FILE - Even Berrios, left, and Nicholas Hartnett, owner of Pure Power Solar, install a solar panel on the roof of a home in Frankfort, Ky., July 17, 2023. The window to limit human-caused warming to a globally agreed goal is narrowing but still open becau
Carbon Emissions
27-09-2023

Japan, Petronas to Discuss Storing Japanese CO2 in Malaysian Sites
TOKYO : The Japanese government and Malaysia's state oil firm Petronas on Wednesday agreed to discuss how to export carbon dioxide (CO2) emitted in Japan to storage sites in Malaysia as part of efforts to tackle climate change.Similar talks could
Net Zero
27-09-2023

MHI and Zutacore Join Forces in a Strategic Alliance, Paving the Way for a Zero-Emission Data Industry
TOKYO, Sept 27, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI), one of the world's foremost industrial groups leading the way in clean energy, and ZutaCore, Inc., a trailblazer in the field of direct-on-chip, waterless liquid cool
Net Zero
27-09-2023

Clean Energy Growth Keeps Path to 1.5°C Climate Goal Open, but Stronger International Cooperation Urgently Needed, Says Iea Update
In an update to the International Energy Agency's (IEA) landmark Net Zero Roadmap, the path to limiting global warming to 1.5°C remains open thanks to the record growth of clean energy technologies. However, the report emphasizes the need
Net Zero
27-09-2023

Bolder Policy Action Needed to Make Net Zero a Reality Says IEA
IEA Executive Director Fatih BirolThe International Energy Agency’s latest edition of the Net Zero Roadmap calls for the ramping up of policy mechanisms to boost ambition and implementation of clean energy goals.The latest report provides an upd
Nuclear Power Plant (NPP)
24-09-2023

UAE's Peaceful Nuclear Energy Programme Is Accelerating Clean Molecule Creation to Achieve Net Zero: Enec
Following the successful development of the Barakah Nuclear Energy Plant and the continued progress of the UAE Peaceful Nuclear Energy Programme, the Emirates Nuclear Energy Corporation (ENEC), is now utilising its expertise and knowledge to drive the cre
Net Zero
23-09-2023

Net zero by 2050? Too late. Australia must aim for 2035
This year’s heightened drumbeat of extreme weather shows us how little time we actually have to slash emissions.It is now clear that going slow on cutting greenhouse gas emissions is much more expensive than taking action. At this week&rsquo
Carbon Capture
22-09-2023

TVA Exploring Carbon Capture Feasibility for Two Gas-Fired Power Plants
The Tennessee Valley Authority (TVA) is poised to study the feasibility of retrofitting two gas-fired power plants—a combined capacity of 1.8 GW—in Mississippi and Kentucky with post-combustion carbon capture technology to remove more than 90% of their ca
Carbon Capture
22-09-2023

Climeworks Eyes Kenya Project to Capture Carbon Dioxide From Air
A view of groundbreaking at Climeworks' Mammoth direct air capture plant, Hellisheidi Geothermal Park, near Reykjavik, Iceland in this undated handout picture obtained by Reuters June 28, 2022. Climeworks/Handout via REUTERS/File Photo Acquire Lic
Net Zero
21-09-2023

UK Must Kick-Start Construction of Large-Scale Electricity Storage or Fail to Meet Net Zero Targets, Warns Report
The U.K. government must kick-start the construction of large-scale hydrogen storage facilities if it is to meet its pledge that all electricity will come from low carbon sources by 2035 and reach legally binding net zero targets by 2050, according to a r
Carbon Emissions
21-09-2023

Upgrading Iron and Steel Plants Could Save Equivalent of Two Years of Global Carbon Emissions
Upgrading, or retrofitting, the world's iron and steel processing plants early could reduce carbon emissions by up to 70 gigatonnes by 2050, roughly equivalent to two years' worth of net global carbon emissions, according to a new study pu
Carbon Capture
20-09-2023

MHI, SBM Offshore Partner on Carbon Capture
A floating production storage and offloading (FPSO) unit. SBM Offshore and MHI have signed a partnership agreement to develop FPSO CO2 capture technology for FPSOs. (Image: SBM Offshore)SBM Offshore and Mitsubishi Heavy Industries (MHI) plan to offer a CO
Electric Vehicles
20-09-2023

Mercedes-Benz to Source CO2-Reduced Steel From SDI for Tuscaloosa
Mercedes-Benz has signed an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama.SDI steel will be made using an electric arc furnace (EAF) and will use electricity
Carbon Emissions
20-09-2023

France Used 10% Less Electricity Last Winter—Three Valuable Lessons in Fighting Climate Change
Measures which help people use less energy at home, while traveling or at work could significantly cut greenhouse gas emissions according to the UN's Intergovernmental Panel on Climate Change. When there is less demand for energy, that means less
Carbon Emissions
20-09-2023

Exxon Working On Direct Air Capture of CO2, Stays Out of EV Charging Stations
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsExxon Mobil Corp (XOM.N) is working on developing technology for direc
Carbon Capture
19-09-2023

Alberta Premier Wants to Unveil Carbon Capture Storage Tax Credits at COP 28
Alberta's Premier Danielle Smith makes a keynote speech at the LNG 2023 energy conference in Vancouver, British Columbia, Canada July 13, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsAlberta Premier Danielle Smith said on Monday
Carbon Capture
19-09-2023

Indonesia Plans First Carbon Trade Next Week
Indonesia plans to run its maiden carbon trade next week, aiming to offer companies and financial institutions a mechanism to offset their emissions, while providing funding for carbon reduction projects, authorities said on Monday.The Southeast Asian cou
Net Zero
19-09-2023

UK Offers $300 Mln Guarantee for Asia and Pacific Climate Fund
A Union Jack flag flutters in front of the Houses of Parliament in London, Britain, November 5, 2019. REUTERS/Hannah McKay/File photo Acquire Licensing RightsBritain will provide guarantees of up to $300 million to a climate funding facility designed to h
Carbon Capture
18-09-2023

TVA, TC Energy Invest $1.25 Million in Carbon Capture Study
The Tennessee Valley Authority announced Thursday that it will work with TC Energy to jointly invest $1.25 million to study carbon capture technology to reduce emissions at TVA's natural gas facilities in Ackerman, Mississippi, and in Drakesboro,
Carbon Storage
18-09-2023

21 Carbon Storage Licenses Awarded in Uk's Landmark Licensing Round
A total of 14 companies have been awarded 21 licenses in the UK’s first-ever carbon storage licensing round – said to have the potential to store almost 10% of UK greenhouse gas emissions.The North Sea Transition Authority (NSTA) annou
Carbon Storage
18-09-2023

California Governor Says He Will Sign Climate Bill on Companies and Carbon Footprints
Gavin Newsom, Governor, State of California speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCalifornia Governor Gavin Newsom said on Sunday he wou
Carbon Storage
16-09-2023

Italy's Eni Wins Second UK Carbon Storage Licence
The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File photo Acquire Licensing RightsItalian energy group Eni
LNG
16-09-2023

Irish Planning Body Rejects Major LNG Terminal, Cites Climate Plan
Irish Minister for Environment, Climate and Communications, Eamon Ryan takes part in an extraordinary meeting of European Union energy ministers in Brussels, Belgium July 26, 2022. REUTERS/Johanna Geron/File Photo Acquire Licensing RightsDUBLIN, Sept 15 (
Carbon Emissions
15-09-2023

Stronger International Cooperation in High Emissions Sectors Crucial to Get on Track for 1.5°C Climate Goal
Countries must supercharge international collaboration on technologies and markets for sectors such as power, transport, industry, buildings and agriculture, new report finds.Insufficient progress in transitions to clean technologies and sustainable solut
Carbon Capture
15-09-2023

Carbon Capture Project Back at Texas Coal Plant After 3-Year Shutdown
Petra Nova CCS Facility at NRG Power Plant in Richmond, Texas, U.S., May 18, 2018. Picture taken May 18, 2018. REUTERS/Trish Badger/File Photo Acquire Licensing RightsA $1 billion carbon capture utilization and storage project that has been shuttered sinc

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