Environment

Hydrogen to Cover 12% of Global Energy Use by 2050

The International Renewable Energy Agency (Irena) estimated that hydrogen will cover up to 12 per cent of global energy use by 2050. “Hydrogen could prove to be a missing link to a climate-safe energy future,” Francesco La Camera, Director-General of Irena, said while presenting the key findings of new report: …

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Germany Welcomes EU Green Energy Plan on Gas

Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the same for nuclear power projects. Germany pulled the plug on three of its last six nuclear power stations on Friday …

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India to Consider Stopping New Coal Plants Construction

As part of its pledges during the COP26 climate summit last month, India—where coal currently accounts for around 70% of electricity generation—committed to net-zero emissions by 2070, and 500 gigawatts (GW) of installed renewable energy capacity by 2030. In late October, an expert committee appointed by the power ministry submitted …

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Rosneft Sets Net-Zero Emissions by 2050 Target

Russia’s largest crude producer Rosneft announced Dec. 21 its commitment to achieve carbon neutrality by 2050, bringing forward some of its previous targets to reduce emissions. The company’s 2035 climate targets set a year ago already included the prevention of 20 million mt CO2 equivalent of greenhouse gas emissions, reduction …

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Coal Use is Reaching Record Levels in India and China

The International Energy Agency has called on China and India to reduce coal power generation and put their climate pledges into action, describing both countries as “holding the key to future coal demand”. The world’s two largest coal producers – with economies that account for nearly three billion people combined …

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