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Energy Transition
IEA Commends Austria's Efforts to Accelerate its Clean Energy Transition
Austria is committed to reaching carbon neutrality by 2040 at the latest – 10 years earlier than the goal set by the European Union.
Clean emission
Microsoft: ‘carbon-Negative’ by 2030 even for Supply Chain
Microsoft is pledging to become 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emits.
CCS
Developing Zero-Carbon Energy Carriers is a $500bn Opportunity
Big Oil is already setting its eyes on capturing the market for high-voltage transmission lines that could change the way clean energy is accessed.
Google says it Won’t Build AI Tools for Oil and Gas Drillers
Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals M…
Denmark Proposes 4GW "Energy Islands"
The Danish finance ministry has unveiled plans to support 4GW of new offshore wind capacity in the form of new energy islands.
BP Enters into Two Global Framework Agreements with Worley
Both agreements are for a term of two years to provide services to BP’s global offshore developments.
Energy Transition
A Flexible Energy System Could Aid the UK Achieve Net Zero Economy
The project will investigate the role of flexible energy systems in achieving a net zero economy.
Clean emission
Global CO2 Emissions to Drop 4-7% in 2020
Four countries or blocs -- China, the United States, the European Union and India -- accounted for two-thirds of the downturn across the first four months of 20…
Energy Transition
Australia Looks to Big Oil in Latest Plan to Curb Emissions
Australia is seeking to cut emissions in one of the world’s biggest per-capita polluters by encouraging oil firms including Chevron Corp. and Woodside Petroleu…
Market Analysis
IEA Sees Unique Opportunity for Clean Energy During Covid-19 Crisis
In the midst of a pandemic that’s shaken energy markets to the core and threatens to send the global economy into a depression, renewable energy is holding ste…
US EIA Expects Strong Renewables Generation Growth in 2020
Notwithstanding a projected decline in total US electrical generation caused by the COVID-19 pandemic, renewable energy sources are projected to produce signifi…
Climate Assembly UK to Consider Covid-19 Impacts in Final Net Zero Policy Discussions
The new multi-million-pound facility will be the onshore base for the Dogger Bank wind farm, which is expected to provide renewable electricity.
First, Renewable Energy Is Poised to Eclipse Coal in U.S.
The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…
Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
Clean emission
India CO2 Emission Fall, First in 4 Decades
India's emissions of toxic carbon dioxide are falling for the first time in 40 years because of a slowing economy, the growth of clean energy and a continuing b…
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