Environment

Energy firms in Germany are spinning off their coal operations to appease ESG pressures from banks and investors, with several operators already separating the dirty coal business from renewable power generation. However, the spin-offs could only raise emissions if the owners of the coal assets continue to operate them, analysts …

The second meeting of the Interdepartmental working group on the development of hydrogen energy was held in Turkmenistan under the leadership of Deputy Minister of Foreign Affairs Berdyniyaz Myatiev, Trend reports. According to the official source of Turkmenistan, during the meeting, the participants considered a set of priority tasks, in …

Some 85% of all power plants installed worldwide last year were in the renewable energy field, the head of the International Energy Agency said on Tuesday. Sending a video message to the Türkiye-China Business Conference, held jointly by Turkish Industry and Business Association (TUSIAD) and Türkiye’s Foreign Economic Relations Board …

Dubai Electricity and Water Authority (Dewa), which is steering Dubai’s clean energy transition, aims to grow the city’s network of public electric vehicle (EV) charging stations by 170% in less than three years. By 2025, EV Green Charging Stations in Dubai will increase from the current 370, with more than …

The European Union’s climate chief has expressed concern over the expansion of China’s coal industry with the building of new coal-fired plants. At a conference in Beijing, Frans Timmermans said while China was forging ahead with plans to expand its use of renewable resources such as wind and solar energy, …

Several developing countries have made it clear that they will not be able to undergo a green transition without the help of stronger economies. International agencies have repeatedly echoed the need for greater financing in the world’s poorer countries to develop global renewable energy capacity, respond to the rising energy …

Asia needs to achieve net zero before the world can do so, according to the CEO of Malaysia’s state-owned oil and gas company Petronas. “The bulk of the emissions [that] are expected to emit will be produced in Asia going forward,” Tengku Muhammad Taufik told CNBC’s JP Ong Tuesday on …

On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the Climate Action Selwin Hart, hosted a meeting in New York on climate and shipping, outlining the EU’s proposals for …

The EU’s carbon emissions could decline again from 2023 amid continued growth in renewable energy generation capacity, Goldman Sachs has said. The bloc’s emissions rose 9 per cent from 2020 to 2022, driven by a surge in transport demand after the Covid-19, and significant gas-to-coal switching in the power generation …

Financing for clean energy in developing and emerging economies excluding China must increase seven-fold within a decade if global warming is to be capped at tolerable levels, the International Energy Agency said Wednesday. To keep Paris climate temperature goals in play, annual investment for non-fossil fuel energy in these countries …