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COP29
COP29 Climate Financing Negotiations in Stalemate
Clean Energy Transition
22-03-2021
Invest $131 Trillion in Clean Energy by 2050 to Hit Climate Goals, Agency Says
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute.
Energy Transition
20-03-2021
China's $6.4 Trillion Energy Transition To Transform Economy
China’s transition from the biggest polluter in the world to the leading force in renewable energy generation will completely transform its economy
Energy Transition
19-03-2021
IRENA Highlights Top Five Green Tech to Deliver Decarbonisation
The International Renewable Energy Agency has released its World Energy Transitions Outlook, presenting the key green technologies that will help the globe to meet its 2050 decarbonisation targets.
Energy Transition
18-03-2021
Pipeline Giant Kinder Morgan Launches Clean Energy Arm
A big-time fossil fuels player is jumping into the energy transition in a bolder, more focused way.
Net Zero Emission
18-03-2021
Green Technologies Essential to Meet 2050 Decarbonisation Targets
The International Renewable Energy Agency has released its World Energy Transitions Outlook, presenting the key green technologies that will help the globe to meet its 2050 decarbonisation targets.
Nuclear Power Plant
18-03-2021
SNC-Lavalin Issues Blueprint to Achieve Net Zero by 2050
A new blueprint issued by Canada’s SNC-Lavalin on 11 March says achieving net-zero by 2050 for Canada is a "monumental but achievable" objective that will require an all-in commitment.
Net Zero Emission
17-03-2021
Europe Must Decarbonize 3 Times Faster to Achieve Net Zero Emissions by 2050
Europe must deliver decarbonisation at a rate three times faster than what has been achieved to date if it is to achieve its ambition of net zero emissions by 2050.
Net Zero Emission
17-03-2021
BEIS Sets out £1bn Carbon Cutting Blueprint
New strategy looks to slash emissions from industry and public buildings
Carbon Neutral
15-03-2021
5-Year Blueprint Paves Way for 2060 Carbon Neutrality
Over the next five years and beyond, China will take more measures to restructure its industry and energy mix in a greener way, and this will lay a solid foundation for peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.
Carbon Neutral
15-03-2021
Fortescue Aims for Zero Carbon Emissions by 2030
Australia’s Fortescue Metals Group said on Monday it will aim to become carbon neutral by 2030, 10 years ahead of its earlier target, and tie pay across the company to emission-based objectives.
Carbon Neutral
13-03-2021
U.S. Needs To Cut Emissions By 57% To Meet Paris Agreement Goals
The United States needs to reduce its emissions by at least 57 percent by 2030 below 2005 levels to fulfill its share of the cuts consistent with the Paris Agreement, which the Biden Administration has rejoined, Climate Action Tracker said in a new
Oil Refinery
13-03-2021
Oil Refining Companies Discuss Carbon Neutrality
The Ministry of Trade, Industry and Energy, SK innovation, GS Caltex, S-Oil and Hyundai Oilbank discussed carbon neutrality strategies on March 11.
Carbon Emissions
12-03-2021
Shell's 2020 Carbon Emissions Fall on the Back of Fuel Sales Drop
Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell to 1.38 billion tonnes of carbon dioxide equivalent last year, from 1.65 billion in 2019
Energy Transition
11-03-2021
BP Exited Kazakh Oil Projects to Focus on Renewables Strategy
BP Plc abandoned three oil projects in Kazakhstan after it changed strategy to concentrate on renewable energy and its existing ventures.
Carbon Emissions
10-03-2021
Chevron Sticks to Lower Budget Plans, Sets New Carbon Reduction Goals
U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing carbon emissions with expectations to invest about $3 billion in the coming years to further its e
Paris Climate Agreement
08-03-2021
India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says
Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister
Carbon Neutral
05-03-2021
FedEx Commits to Carbon-Neutral Operations by 2040
FedEx Corp., home of the world’s largest cargo airline, has set a goal to achieve carbon–neutral operations globally by 2040.
Carbon Emissions
05-03-2021
China Draws up Plan for Carbon Emissions to Peak by 2030, to Take Active, Well-Ordered Steps to Develop Nuclear Energy
China will draw up an action plan for carbon emissions to peak by 2030 and take active and well-ordered steps to develop nuclear energy on the basis of ensuring its safe use
Carbon Neutral
04-03-2021
Japan on Track to Achieve 2030 Renewable Power Goal
Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal.
Energy Transition
04-03-2021
Poland Sees Energy Transformation Costing $120 billion by 2045
Poland still generates most of its electricity from coal, but plans to reduce its share in power production amid rising carbon emission costs.
Carbon Emissions
03-03-2021
API Expected To Endorse Carbon Pricing
The American Petroleum Institute is set to unveil a declaration in which it endorses carbon pricing as a means of achieving the goals of the Paris Agreement on Climate Change
Net Zero Emission
03-03-2021
UK 'Needs £350bn to Deliver Net Zero’
LCP report highlights scale of investment opportunities for private capital in renewables, hydrogen and storage
Net Zero Emission
02-03-2021
British Insurer Aviva Sets Out Net Zero 2040 Climate Strategy
ollowing the 2015 Paris Agreement on climate change, many countries and companies are aiming for net zero carbon emissions by 2050, to limit global warming to 1.5 degrees Celsius above pre-industrial norms
Energy Transition
02-03-2021
Pacific Island Nations Reinforce Energy Transition Goals Ahead of COP26
Pacific Island governments have reinforced their commitment to energy transition action and strengthened sustainable energy goals within updated nationally determined contributions ahead of COP26 in Glasgow this year.
Net Zero Emission
28-02-2021
Recommendations for BMW Group to Meet 2030 Carbon Emissions Reduction Target
BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle and plug-in hybrid electric vehicle stock by 2030, which would see over 1 million combined sales of these cars globally b
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Decarbonising Coal Use in India: Role of Carbon Capture, Utilisation, and Storage
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Babcock & Wilcox Signs Agreement to Proceed With Work for BECCS Project in Michigan
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Denmark’s First CO2 Storage Facility Now Ready to Receive Large Amounts of CO2
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German Cabinet Approves Plans to Allow Carbon Transport and Storage
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Queensland Outlaws Carbon Storage in Australia's Biggest Aquifer
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Joint Study to Establish Standard Specifications and Designs for LCO2 Carriers in Japan Towards Large-Scale International Marine Transport of Liquefied CO2 by 2028