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EU
France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2…
CCS
Ocean Fertilization for Carbon Storage
As per an international research team headed by Michael Hochella of the Department of Energy’s Pacific Northwest National Laboratory, the immediate necessity t…
Net Zero Emission
How Could Organic Waste Management Infrastructure Help Mitigate Climate Change?
Organic waste accounts for over 20% of global methane emissions, a powerful greenhouse gas and a major climate change contributor.
Carbon Emissions
Rio Tinto to Invest $600 Mln More in Renewable Energy Assets
Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wedn…
Carbon Emissions
Heat Pumps Can Reduce Carbon Dioxide Emissions by 500 Million Tonnes by 2030, IEA Says
Additional annual investment of $160 billion until 2030 will be needed to meet global climate pledges.
Carbon Emissions
U.S. Seeks to Limit Flaring and Methane Leaks from Public Lands Drilling
President Joe Biden's administration on Monday proposed rules aimed at limiting methane leaks from oil and gas drilling on public lands, Washington's latest mov…
Emissions Trading System
EEX Exchange to Host German Carbon Auctions for Another 3 Years
The European Energy Exchange (EEX) has won the tender to host auctions of emission allowances on behalf of the German government for three years from 2024, exte…
Energy Storage Battery
Research Team Reports Breakthrough in Metal Gas Batteries
Hong Kong researchers have discovered a new way to boost metal carbon dioxide battery capacity.
Denmark
Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion
Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing inte…
Hydrogen Production
What Are the Future Prospects of the Green Hydrogen Market?
Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets.
Carbon Emissions
UK Launches Funding Pool for AI Decarbonisation Projects
The UK government launched a new decarbonisation programme to support use of Artificial Intelligence (AI) to reduce the UK’s carbon emissions.
Net Zero Emission
ANZ Earmarks $67 Bln to Accelerate Net Zero Transition
Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…
Net Zero Emission
Amazon UK Adds E-Cargo Bikes, Walkers in Decarbonisation Drive
Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it…
Carbon Emissions
Volatilia, Uzbek Gov’t to Develop up over 400MW Renewables
It will be divided into solar, wind, and battery storage.
Net Zero Emission
Access to Affordable Low-Carbon Electrons Crucial for Net Zero – Elia Group
According to a new study from Elia Group, by 2030, industrial electricity consumption is expected to grow by 40% and 50% in Germany and Belgium respectively. As…
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