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Net Zero Emission
EU Agrees Law to Make Airlines Pay More to Pollute
The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit planet-heating carbon …
TotalEnergies May Buy Green Power From Fortescue in Papua New Guinea -Regulator
Fortescue Future Industries is in talks with TotalEnergies to supply power to the fossil fuel company's Papua LNG project from a series of proposed renewable en…
Energy Investment
Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
Energy Transition
COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say
Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…
Net Zero Emission
Turkey Needs EUR 9.6 Billion Annually to Achieve Climate Goals
Turkey will need around EUR 9.6 billion of investments annually to raise the capacity of solar, wind, and storage technologies and reduce fossil fuel consumptio…
Carlyle Launches European Clean Energy Developer: ‘We Would Rather Build’
Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push into creating infrastructure to addre…
Fossil Fuel Cost Savings in Asia Could Reach $44b: Report
This $10b more than in the first half of 2022.
China
How Much Did These Asian Countries Saved With Solar Power
Seven countries were able to save about 9% of their fossil fuel costs in the first half.
CCS
Capturing CO2 and Repurposing It Into Neutral Chemicals
A new study performed by the University of Surrey has shown that Carbon dioxide (CO2) can be captured from the encircling atmosphere and reprocessed into benefi…
Canada
Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws
Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…
United States
U.S. Climate Envoy Kerry Launches Carbon Offset Plan
U.S. climate envoy John Kerry on Wednesday announced the creation of a carbon offset plan meant to help developing countries speed their transition away from fo…
Net Zero Emission
The Biofuel Boom Needs Greater Oversight
Biofuel has incredible potential to reduce the world’s reliance on fossil fuels.
Carbon Emissions
U.S. and EU to Crack down on Fossil Fuel Sector’s Methane Emissions
The United States and the European Union will unveil an agreement targeting methane emissions within the fossil fuel industry.
Electric Car
Autos Giant Renault Is Betting the Market for Gasoline Cars Will Continue to Grow
Renault’s focus on the internal combustion engine comes at a time when some big economies are looking to move away from vehicles that use fossil fuels.
COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’
A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…
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