Environment

EU Reports Record Drop in Emissions as RE Surges

Earth-warming emissions by European Union economies fell by an aggregate 8.3 percent in 2023 compared to 2022, helped by growth in renewable power production, the European Commission reported Thursday. Last year marks the second-biggest annual drop in EU greenhouse gas emissions in decades, after 2020, when the coronavirus pandemic drove …

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Germany Approves $20.5 Billion Hydrogen Push

Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion. The plan would include converting natural gas pipelines into infrastructure for the transportation of hydrogen, building new pipelines as well, and connecting them all with big industrial energy …

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Saudi Arabia Aims for Global Hydrogen Leadership

Saudi Arabia, the Middle East’s leading energy producer, continues to pour significant resources into development of low- and zero-carbon hydrogen, apparently determined to capture a major share of the emerging global industry. According to news reports this week, the Kingdom’s Public Investment Fund (PIF) has created Energy Solutions Company to …

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UK Announces $29 Billion for Carbon Capture Projects

The U.K. government on Oct. 4 announced investment of nearly 22 billion pounds ($28.8 billion) in projects to capture and store carbon emissions created by industry and energy production. The money will fund “carbon capture clusters” in Merseyside, northwest England, and Teesside, northeast England. The new Labour government has launched …

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Bill Gates and Jeff Bezos Back White Hydrogen Startup

Investors have been talking about the huge potential of green hydrogen – hydrogen produced through electrolysis powered by renewable energy sources – for several years now. It is thought to be the clean fuel of the future, supporting the decarbonisation of hard-to-abate industries such as shipping, aviation, and manufacturing. However, …

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China’s Coal Power Generation Returns to Growth

China saw in August the first increase in coal-fired power generation in four months as coal remains a vital part of the system despite soaring output from clean energy sources and a growing share of renewables in the electricity mix. China’s electricity output from thermal sources – which are predominantly …

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