Environment

Hyundai Heavy Industries Holdings Co. (HHIH) said Wednesday that it has signed a deal with Saudi Arabia’s state-run oil firm Saudi Aramco to cooperate on a hydrogen project. Under the deal, Hyundai Oilbank Co., HHIH’s refining unit, will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen, …

Global carbon dioxide emissions dropped by 5.8% in 2020 as the COVID-19 pandemic slowed economic activity, but they rebounded at the end of the year and are on course to rise further, the International Energy Agency said on Tuesday. Major economies led a rebound in December when emissions were 2%, …

Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change. Major energy firms have set targets to reduce greenhouse gas emissions or are exploring investments in …

That’s according to official BEIS figures, which suggest wind, solar and bioenergy recorded increases ranging between 5% and 20%.

Emissions from China of a banned gas that harms Earth’s ozone layer have sharply declined after increasing for several years, two teams of scientists said Wednesday, a sign that the Beijing government had made good on vows to crack down on illegal production of the industrial chemical. The findings ease …

China has, for the first time, asked domestic companies to shoulder the responsibility for controlling the country’s greenhouse gas emissions by buying and selling emission quotas on a unified national carbon market. The sheer scale of the problem could create the world’s largest carbon trading market, but big structural factors …

China, the world’s largest polluter, launched on Monday an emissions trading scheme as part of its efforts to become a carbon-neutral economy by 2060. The Chinese authorities introduced as of February 1 a set of rules for carbon emissions trading management, a step toward creating a nationwide unified emissions trading …

Scheme will recycle turbine blades for use in cement industry. Danes want to be seen as world’s best in reusing wind tech.

The oil industry is now supporting U.S. federal methane regulations, after having opposed them in the past. Methane is a powerful greenhouse gas, and emissions have climbed over the past two decades as oil and gas production continued to rise. Now, global efforts to rein in methane pollution are receiving …

A paper identifying key tipping-points for climate action across more than 20 sectors of the global economy is to be published today, outlining the technological breakthroughs key actors must deliver in order to put the world on track to net zero emissions by 2050. Named “The Race to Zero Breakthroughs”, …