Governments worldwide are searching for ways to decarbonise and tackle climate change, while many continue to rely heavily on fossil fuels for their energy. This has led several countries to explore the potential for geoengineering to combat climate change without relying entirely on the gradual shift away from fossil fuels …
Read More »Renewables Emerge as Key to Meet AI-Driven Energy Demand
The operator of the largest gas-fired electricity generation fleet in America believes that renewables will be vital to meet the rise in power demand driven by AI and the reshoring of manufacturing. NextEra Energy – whose 72 gigawatts (GW) operating portfolio consists of 55% renewables, 36% gas, and 8% nuclear …
Read More »Azerbaijan’s Renewable Energy Potential Remains Untapped
On the outskirts of Baku, the smell of sulfur hangs thick in the air. Flares from oil refineries light up the night sky, a constant reminder of the industry that has dominated Azerbaijan for over a century. The country has vast, untapped potential for renewables, particularly wind and solar, which …
Read More »Renewable Energy Stocks Drop to Five-Year Lows
Investors are increasingly bearish on renewable energy stocks with green indexes down to five-year lows, as the Trump Administration’s energy policy is chilling the low-carbon energy markets. Although it was up by 2% year to date as of Monday morning, the S&P Global Clean Energy Transition Index has lost 13.5% …
Read More »TotalEnergies and RWE Agree One of the World’s Biggest Green Hydrogen Deals
Germany’s biggest utility RWE will supply green hydrogen to France’s oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant …
Read More »Can Europe Overcome Its Green Hydrogen Gap?
Many countries across Europe are investing heavily in the development of green hydrogen projects to help decarbonise hard-to-abate industries in support of a green transition. Europe has been highly competitive with other emerging green hydrogen regions, such as the Middle East and Asia-Pacific. However, while Europe’s green hydrogen capacity expands, …
Read More »What’s next for Carbon Capture Technology?
Carbon capture and storage (CCS) were the words on everyone’s lips a couple of years ago, as most big oil majors began to invest heavily in the technology to support decarbonisation efforts. However, as the first large-scale projects get off the ground, greater criticism has emerged around the technology. Governments …
Read More »Climate Action Momentum Stalls after U.S. Policy Reversal
Since President Trump decided to withdraw the United States from the Paris Climate Agreement, there has been rising concern that the U.S. absence from the global accord will create a leadership vacuum, which could threaten climate progress. This has encouraged other member states to double down on their commitment to …
Read More »Oil Executives Fume as Trump Shakes up Climate Rules again
President Donald Trump has been busy reversing the Biden administration’s so-called climate policies from the moment he was sworn in. He declared a national energy emergency, revoked the Biden ban on new LNG export capacity, and suspended some $300 billion in funding for transition projects in the country. With that, …
Read More »Trump Reignites Coal Industry at Davos
In classic Trump fashion, the President declared at the World Economic Forum in Davos, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” These words, delivered with signature bravado, sent a warm glow through U.S. coal producers—along with a noticeable bump in their stock prices. …
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