The hydrogen fuel cell market is on the verge of a major inflection point, projected to nearly double in value over the next six years as global powers scramble to hit critical net-zero emission targets. The technology, which provides emissions-free electricity for everything from heavy-duty trucks to corporate data centers, …
Read More »Trump Launches Largest Environmental Rollback in U.S. History
Several United States environmental policies may be weakened or removed following a week of announcements by various agencies with plans to introduce major changes. This could mark the largest rollback of environmental protections under any administration. In November, the U.S. Environmental Protection Agency (EPA) proposed to remove federal protections from …
Read More »COP30 Drops Draft on Transition away from Fossil Fuels
The COP30 climate summit is ditching an earlier draft of a roadmap to transition away from fossil fuels, according to the latest draft of negotiating texts at the global gathering in Belem, Brazil. Many countries at COP30 have mobilized and supported a so-called “roadmap” to transition away from fossil fuels. …
Read More »COP30 Climate Summit could Set Global Sustainable Biofuels Target
Next month’s global climate summit could debate and potentially adopt targets for sustainable biofuel production and use, Francesco La Camera, Director-General at the International Renewable Energy Agency (IRENA), said on Monday. The COP30 climate summit will be held between November 10 and 21 in Belem, Brazil, which is a global …
Read More »Google Backs Carbon-Captured Gas to Power Its AI Future
Google has signed the first U.S. corporate power purchase agreement involving natural gas with carbon capture, marking a major shift in how Big Tech plans to fuel the data-hungry future of artificial intelligence. The deal centers on the Broadwing Project, a 400-megawatt gas-fired power plant planned for Decatur, Illinois, developed …
Read More »Global Shipping Emissions Deal Sinks after Last-Minute Collapse
A decade-long effort to make the shipping industry the first to adopt binding international emissions targets has fallen apart—this time not over science or technology, but timing and cost. The breakdown leaves oil demand from marine fuels largely untouched for now, a relief to refiners and traders watching for signs …
Read More »The Collapse of Confidence in Carbon Capture
Just a few years ago, Carbon Capture and Storage (CCS) was expected to be the saviour of the oil and gas industry, as major fossil fuel firms invested heavily in CCS activities aimed at decarbonising operations. Governments worldwide have encouraged companies to invest in CCS in recent years, funding green …
Read More »Clean Energy Transition Accelerates Globally beyond Western Influence
The clean energy transition is well underway around the world, at what many experts estimate to be an unstoppable velocity. While political shifts in the United States are pulling the emergency break on clean energy policy mechanisms, the international energy sector is plowing full-steam ahead. “This is no longer a …
Read More »ExxonMobil CEO Slams EU Climate Rules
The penalties proposed in the European Union’s climate and social responsibility legislation would be bone-crushing to any company, ExxonMobil’s chief executive Darren Woods told Bloomberg. The EU’s planned Corporate Sustainability Due Diligence Directive, which is designed to prevent adverse human rights and environmental impacts across a company’s value chains, has …
Read More »The Rise of China and the Future of Clean Energy
China has far outpaced the United States in clean energy spending, manufacturing, and innovation. And now, thanks to cheap and abundant Chinese solar panels and wind turbines, a growing number of emerging economies are joining the ranks of nations outpacing the United States in the clean energy transition. “To China’s …
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