Last year, China emerged as the world’s clean energy champ, with the country accounting for $546 billion, or nearly half, of the $1.1 trillion that flowed into the sector as countries everywhere rushed to beef up their energy security. But those mammoth investments will do little to change China’s tag …
Read More »World’s Oceans Set New Surface Temperature Record
The world’s oceans set a new temperature record this week, raising concerns about knock-on effects on the planet’s climate, marine life and coastal communities. The temperature of the oceans’ surface rose to 20.96 degrees Celsius on 30 July, according to European Union climate observatory data. The previous record was 20.95C …
Read More »Coal Use Hits Record High despite Clean Energy Boom
For years, climate experts have been begging the world’s biggest economies to wean themselves off of fossil fuels. Instead, coal use is at an all time high, hitting a brand new record of 8.3 billion metric tons in 2022, up 3.3% from the prior year, according to figures from the …
Read More »COP28 President Calls on Countries to Join Global Cooling Pledge
Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and COP28 President-Designate has urged countries to join the Global Cooling Pledge. The pledge is the outcome of a partnership between the United Nations Environment Programme (UNEP) and the COP28 Presidency, announced earlier in the year. In …
Read More »COP28 and IEA Convene First High-Level Dialogue on Building a 1.5°C-Aligned Energy Transition
The COP28 UAE Presidency and the International Energy Agency (IEA) have convened the first in a landmark series of high-level dialogues through to COP28 around building a 1.5°C-aligned energy transition. The initiative is being conducted in conjunction with the International Renewable Energy Agency (IRENA) and is supported by the United …
Read More »Japan Plans Climate Initiative to Help Cut Methane Emissions
Japan plans to announce a new public-private framework to help reduce methane emissions across the liquefied natural gas supply chain as concerns about rising temperatures force governments to take more aggressive climate action. Details are expected to be announced during the LNG Producer-Consumer Conference on Tuesday in Tokyo, Minister of …
Read More »Energy Firms in Germany are Spinning off their Coal Businesses
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 …
Read More »Turkmenistan Keen Developing International Cooperation in Field of Hydrogen Energy
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 …
Read More »Renewable Energy Dominates Newly Established Power Plants in 2022
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 …
Read More »Dubai to Boost Green Mobility with 170pc Rise in EV Stations
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 …
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