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Net Zero Emission
UN: ‘Climate Promises Are Offering Little Hope’
It claims that on the current track by 2100 the world could have warmed by 2.6°C.
Net Zero Emission
Northern Ireland Invests £88m in New Zero Emission Buses
The investment will support the supply of 100 new zero-emission buses.
Electric Car
New Assessment to Estimate the Costs and Greenhouse Gas Emissions for Vehicles
A new study led by Argonne National Laboratory found that electric vehicles will soon have the potential to cost less to own and operate than traditional gas ve…
Hydrogen Transport: Could Diesel Engines Soon Be Environmentally Friendly?
Introducing hydrogen into a diesel engine is feasible and beneficial since it decreases diesel consumption, carbon emissions, and maintenance expenses while inc…
Net Zero Emission
Baseload Capital Raises US$24 Million to Boost Geothermal
Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.
Net Zero Emission
‘Greenhouse Gases Reached Record Levels in 2021’
Methane, carbon dioxide and nitrous oxide all hit peak levels after the pandemic.
Iberdrola Renewables Investment Rises
Iberdrola invested almost €8bn globally in the first nine months of 2022, an increase of 14%, with 90% of funding allocated to renewables and smart grids.
Rolls-Royce Releases MTU Engines for Use With Sustainable Fuels
Rolls-Royce has approved mtu engines for use with sustainable fuels, a move expected to help make the company’s construction, industrial, agricultural and mini…
Europe’s Energy Crisis Heaps Pain on Heavy Industry
Makers of metals, chemicals and gases said on Tuesday that the outlook for the final months of the year had worsened as concerns intensify that a surge in energ…
BlackRock Raises $4.5 Bln for Climate-Focused Infrastructure Fund
BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects.…
United Kingdom
UK North Sea Firm Ithaca Energy Presses Ahead With London Listing
North Sea oil and gas producer Ithaca Energy said on Tuesday it was going ahead with its plans to list in London and was seeking admission of its ordinary to th…
Natural Gas
Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward
German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…
Oil Price
Goldman: U.S. SPR Crude Releases to Have Modest Price Influence
The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …
Electric Car
U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles
The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.
Natural Gas
Energy Crisis Poses Existential Threat to Europe’s Industry
European industries are struggling to stay competitive amid soaring energy costs.
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