Environment

Environmentalists and critics are having a field day after a second international energy major scaled back its renewable development ambitions in the space of just a few months. But Big Oil’s renewed focus on profitable projects in oil and gas and the new, selective approach to wind, solar, and other …

China’s coal-fired generation has increased the most of any power source this year as hydroelectric production has fallen amid lower-than-normal rainfalls that have reduced water levels on the biggest rivers and depleted hydro reservoirs. Wind and solar generation have also jumped this year as China leads global renewable energy installation …

Al Gore told the Hankyoreh on Thursday he’s confident that expanding renewable energy is where countries are headed, no matter which government may be currently in power. The 75-year-old climate crusader and former US vice president acknowledged in a Zoom interview with the Hankyoreh that there may be bumps in …

Oman could turn into one of the biggest hydrogen suppliers in the world, the International Energy Agency has forecast in a recent report. The tiny Gulf sultanate currently generates some 60% of its export earnings from oil and gas but has set itself ambitious net-zero targets that would involve leveraging …

The head of the upcoming COP28 climate summit, who also is the chief executive of the UAE’s national oil company, has acknowledged that a reduction in the use of fossil fuels is inescapable. “The phase down of fossil fuels is inevitable,” Sultan al-Jaber said on the sidelines of technical climate …

The European Commission is working on plans to speed up investment in capturing and storing carbon dioxide emissions, it said on Friday, as the bloc prepares to slash its net greenhouse gas emissions to zero by 2050. In a public consultation on the plans, the Commission said infrastructure to capture …

China is expected to be the world’s largest importer of clean hydrogen, requiring 13 million tonnes of imported hydrogen a year by 2030 due to the huge amount of clean energy required to decarbonise its different sectors, according to a report released by Deloitte on Thursday. Europe’s demand will amount …

Germany has asked the European Commission to investigate the flow of allegedly fraudulent biofuels into the European Union, a spokesperson for the German Environment Ministry said, stepping up scrutiny on trade in the fuel that has rattled the industry. EU incentives for biodiesel production made with waste oils and fat …

The European Union’s behavior is “anti-aviation” because of mandates obliging airlines to use so-called sustainable aviation fuels as a lower-carbon alternative to ht fuel. This is the message that the aviation industry had for the EU at its annual meeting that began today. “I think it’s fair to portray the …

The Japanese government on Tuesday decided on a plan to generate 15 trillion yen ($107 billion) of investment in the supply of hydrogen over the next 15 years from the public and private sectors in a push to increase its use and speed up decarbonization. Under the revised Basic Hydrogen …