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Carbon Emissions
Carmakers Nearly as Carbon-Heavy per Euro as Oil Firms - NGO
The lifetime carbon emissions of a car are so high that investing in car companies funds almost as much carbon per euro as investing in an oil firm.
Carbon Emissions
Australian State to Invest $100 Mln in Energy Storage in Push to Cut Emissions
Australia's Victoria state said on Tuesday it would invest A$157 million to boost battery energy storage, as it pushes to source half its electricity from wind …
Offshore Wind Power
Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says
Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.
Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Offshore Wind Power
Two Offshore Wind Farms Are Planned in Finland
Eolus is investigating the prerequisites for constructing two offshore wind farms in the finnish Bothnian sea.
Solar Cell
Naturgy Builds 683 MW of Wind and Solar Power in Spain
The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…
Net Zero Emission
Net Zero Investor Group Members Set More Short-Term Emissions Targets
The Net Zero Asset Owner Alliance (NZAOA) said on Tuesday that nearly two thirds of its members had set short-term goals to cut portfolio emissions in line with…
Natural Gas
TotalEnergies Launches Offshore Gas Project in Argentina
France's TotalEnergies on Monday announced it had taken the final investment decision to kick off a natural gas project off the coast of Tierra del Fuego in sou…
Net Zero Emission
US Invests $178M to Advance Bioenergy Technology
A total of 37 projects will develop new technologies that engineer plants and microbes into bioenergy and improve carbon storage
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Carbon Emissions
U.S. Farm Agency to Triple Investment in Climate-Friendly Farming
The U.S. Department of Agriculture will invest nearly $3 billion in projects to reduce climate-harming emissions from farming and forestry, tripling the funding…
Wind Farm
Iberdrola Sells Share of Wind Farm for €700M
A Swiss infrastructure investment firm will own a 49% stake in Wikinger offshore wind farm in Germany
Wind Farm
Mercury to Build $115M Wind Farm in New Zealand
The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…
Energy Transition
Investors With $39 Trillion Urge Governments to Plan Fossil Fuel Phase Out
Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing com…
Electric Car
Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects
U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…
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