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Dec
Paris Climate Agreement
Brazil Announces Net-Zero Target; Australia and Iceland Advance Goals
The energy minister of Brazil has said the country will aim for net-zero carbon emissions by 2060 or sooner – if other countries contribute $10bn per year to t…
Crude Oil
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
Oil Shale
Global Shale Industry on a Recovery Path After 8.1% Production Decline in 2020, Says GlobalData
Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall,…
Nuclear Fuel
Ukrainian Ministry Meets to Discuss Uranium Production Suspension
According to the national Ukrinform news agency, all uranium mining by state enterprise VostokGOK was suspended on 7 December.
CCS
CCC’s Sixth Carbon Budget Shows BECCS Needed to Achieve Net Zero
The U.K. Climate Change Committee on Dec. 9 released its Sixth Carbon Budget, which provides guidance on the volume of greenhouse gas emissions the U.K. can emi…
EV Market
India’s EV Market to be Worth $206 bn by 2030: Study
India’s electric vehicle market could be worth nearly $206 billion in the coming decade, if India were to achieve its 2030 electric vehicle ambitions, accordin…
Energy Transition
IRENA and AfDB to Support Investments in African Low Carbon Energy Projects
The IRENA and the AfDB have agreed to jointly scale up low carbon energy project investments and advance energy transition in Africa.
Nuclear Technology
Macron Kicks off French Race to Build a New Nuclear-Powered Aircraft Carrier
French President Emmanuel Macron announced on Dec. 8 that his country’s next aircraft-carrier will be nuclear-powered and should be operational by 2038 in time…
Energy Investment
Volvo Cars to Invest 700 million SEK in E-Motor Production at Skovde Plant
The decision comes after Volvo earlier this year said it would make big investments in design and development of e-motors for its next generation models.
Hydrogen Technology
UN Launches Green Hydrogen Catapult to Halve Production Costs
Some of the world’s largest energy companies have signed up to the UN Green Hydrogen Catapult to bring down the cost of hydrogen production.
Carbon Neutral
New Zealand Declares Climate Emergency, Promises Carbon Neutral Govt by 2025
New Zealand promised its public sector would become carbon neutral by 2025 as it declared a climate emergency on Wednesday.
Hydropower Plant
China: Tibet Datang Zala Hydropower Station Approved
On December 3, China Datang’s 2020 key approval project, Tibet’s first Datang Zala Hydropower Station with an installed capacity of over one million kilowatts…
Carbon Neutral
Uber, JetBlue Join Climate Pledge
A slew of transportation companies including JetBlue Airways, Uber and Boom Supersonic have joined the Climate Pledge, committing to reducing greenhouse gas emi…
Coal Production
Cerrejon Prepares to Gradually Restart Coal Production
Colombian coal producer Cerrejon is expected to gradually restart operations on 8 December following a three-month strike, according to Igor Diaz, president of …
Rooftop PV System
Vietnam's Rooftop PV Solar Installed Capacity will Reach 2GW in 2020
The local media in Vietnam reported on December 4 that even if it was affected by the new crown pneumonia epidemic, the Vietnamese solar market still achieved g…
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