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Energy Transition
The IEA in 2024: Reviewing the Year
Paris Climate Agreement
21-01-2021
Macron Welcomes U.S. Back to Paris Climate Agreement
Rejoining the Paris climate agreement is one of many executive actions President Joe Biden will take on day one of his presidency.
Paris Climate Agreement
21-01-2021
Paris Climate Accord: Biden Announces US will Rejoin Landmark Agreement
Hours after he was sworn in, President Joe Biden announced the US plans to reenter the Paris climate accord, the landmark international agreement signed in 2015 to limit global warming, in a sign of Biden's urgency to address the climate crisis.
Energy Transition
20-01-2021
‘Energy Transition’ Investment Hits $501bn
A new, broad measure of “energy transition investment” shows that the world committed a record $501bn to decarbonisation in 2020.
Carbon Emissions
19-01-2021
Fossil Fuel Firms Need to Curb Climate Gas Leaks
The International Energy Agency says oil and gas companies aren't doing enough to reduce the release of methane, a potent source of planet-heating emissions, that is seeping out of pipelines and production plants.
Net Zero Emission
19-01-2021
Total Quits American Petroleum Institute Over Climate Goals
French multinational energy company Total has withdrawn its membership within the American Petroleum Institute.
Carbon Neutral
18-01-2021
CNOOC Launches Carbon Neutral Plan
CNOOC announced on the 15th that it officially launched its carbon neutral plan, which will comprehensively promote the company's green and low-carbon transformation.
Net Zero Emission
15-01-2021
PepsiCo Aims for Net-Zero Greenhouse Gas Emissions by 2040
The Doritos chips and Tropicana juice maker said it would initially cut greenhouse gas emissions from its operations by 75 per cent and by 40 per cent in areas that are outside its own manufacturing processes and supply chain by 2030.
China
14-01-2021
China Launches World’s Largest Carbon Market for Power Sector
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the short term.
Net Zero Emission
13-01-2021
IEA to Release Roadmap for Clean Energy Transition
The International Energy Agency will later this year publish the world's first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050.
Carbon Emissions
13-01-2021
Google Looks To Turn Data Centers Into Energy Storage
When most people imagine the internet, the last thing that comes to mind is huge, on-the-ground facilities and thousands of miles of wires across the ocean floor, but even the digital age depends entirely on material things.
Market Analysis
13-01-2021
Coronavirus Causes Largest U.S. Greenhouse Gas Emissions Drop Since World War Two
The economic fallout from the uncontrolled spread of COVID-19 - especially in big emitting sectors like transportation, power and industry - resulted in a sharper emissions drop than the 2009 recession, when emissions slid 6.3 per cent.
Net Zero Emission
11-01-2021
Top Global Oil Exporter Saudi Arabia Launches Car-Free, Zero Carbon Emissions City
Prince Mohammed bin Salman said in televised remarks that the city, which will be capable of housing one million residents, would comprise "carbon-positive urban developments powered by 100% clean energy".
Carbon Neutral
11-01-2021
IEA Chief: Net Zero by 2050 Plan for Energy Sector is Coming
Global tracking and accountability will be required to address climate change.
Nuclear Power Plant
08-01-2021
Japan's Carbon Neutrality Dilemma: More Nuclear Power or More Renewables?
With Japan committed to becoming carbon neutral by 2050, Prime Minister Yoshihide Suga’s administration is grappling with key questions over which near-term measures to take in order to reach the long-term goal.
Carbon Emissions
06-01-2021
EU Price on Pollution Hits Record High in Early 2021
The price of permits on the European Union carbon market has soared to record levels in the first trading days of the year, hiking costs for polluters as the EU prepares measures to enforce deeper emissions cuts.
Carbon Neutral
06-01-2021
Exxon Reveals Full Scope of Fuel Emissions for First Time
Oil giant has come under pressure from activist investors.
Germany
05-01-2021
German Renewables Power to Energy Mix Gold
Wind, solar produced more electricity than all fossil fuels combined according to new data
Net Zero Emission
04-01-2021
Australia Aemo Models Faster Move to Net Zero Emission
The Australian Energy Market Operator (Aemo) plans to model a scenario with a transition to net zero greenhouse gas emissions in the early 2040s instead of the current ambition of the second half of the 21st century.
Carbon Neutral
31-12-2020
Renewable Energy Industry: Policies for Carbon Neutrality Confirmed
Korea’s 5th Renewable Energy Basic Plan has been confirmed.
Paris Climate Agreement
25-12-2020
India Only Major Country set to Achieve Targets of Paris Agreement: PM Modi
PM Modi attended the centenary celebrations of Visva-Bharati University in Shantiniketan, West Bengal, via video conferencing today.
Carbon Emissions
23-12-2020
Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed
Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue business as usual.
Carbon Neutral
23-12-2020
Vedanta Pledges to Move Towards Carbon-Neutrality
Vedanta on Tuesday said it has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change.
Net Zero Emission
18-12-2020
Princeton Study Charts a $2.5T Pathway to a Net-Zero Carbon US
The report forecasts massive renewables investments and radical shifts in transport, heating and energy, as well as a relatively slight increase in energy costs.
Clean Energy Transition
17-12-2020
Eni and Partners to Build New Open Digital Platform for Energy Transition Players
The move comes on the back of the Italian player Eni’s efforts to transform into an energy company focused on a ‘just energy transition’.
Submarine Cable
16-12-2020
NKT Commits to Net Zero Emissions
NKT has signed up to the Science Based Target initiative to become a net zero emissions company.
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Most views from Climate Change
1
Decarbonising Coal Use in India: Role of Carbon Capture, Utilisation, and Storage
2
The IEA in 2024: Reviewing the Year
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"Co-creating with Customers to Transform Japan's Domestic Power Network into a Carbon-neutral and Resilient Electricity Infrastructure"
4
Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants
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Gmex Group Launches ZERO13 Digital Carbon Credits Aggregation Ecosystem
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Maersk signs green methanol deal with China's Goldwind
