In 2020, CO2 emissions from the U.S. energy sector could be 11% lower than in 2019, according to U.S. Energy Information Administration (EIA) data through August and EIA estimates for September through December. According to values published in EIA’s December Short-Term Energy Outlook (STEO), EIA expects CO2 emissions in 2020 …
Read More »Japan Greenhouse Gas Emissions Fall in FY2019 for 6th Straight Year
Japan’s greenhouse gas emissions fell in fiscal 2019 for the sixth straight year to reach their lowest level since comparable data became available in fiscal 1990, partly due to the impact of the U.S.-China trade dispute, the Environment Ministry said Tuesday. The equivalent of 1,213 million tons of carbon dioxide …
Read More »China Continues to Lead Global New-Energy Sector with 207 Companies in Top 500
A total of 207 Chinese companies made the list of 2020 global top 500 new-energy enterprises this year, outnumbering the US’ 69 companies in the second spot, and Japan’s 54 companies in third, according to a report released by the China Energy Economy Research Institute at the 2020 Global Top …
Read More »China’s CO2 Emissions will be Higher in 2020 than in 2019
China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital …
Read More »US Finally Exits Global Climate Pact amid Election Uncertainty
The United States formally exited the Paris Agreement on Wednesday, fulfilling a longstanding promise by US President Donald Trump to withdraw the world’s second-largest greenhouse gas emitter from the global pact to fight climate change. But the outcome of the tight US election contest will determine for how long this …
Read More »Norway’s Equinor Aims for Net Zero Emissions by 2050
Norway’s Equinor aims to become a net zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, the energy producer’s new chief executive said as he took office on Monday. Anders Opedal, the first engineer to lead state-controlled Equinor, plans to …
Read More »Japan Vows to Become Carbon-Neutral by 2050
Addressing the Japanese Parliament, the Prime Minister said that measures to tackle climate change are no longer a constraint on economic growth.
Read More »UAE Investing in Green and Blue Hydrogen Projects as Part of Clean Energy Move
The UAE is investing in green and blue hydrogen projects, an undersecretary at the energy ministry said Oct. 19, as OPEC’s third-largest oil producer seeks to develop new sources of clean energy. “Hydrogen is very high on our agenda, right now we are really at initiation phase,” Sharif al-Olama told …
Read More »European Union may Enact Binding Limits on Methane Emissions from Gas Industry
The European Union is considering binding standards for natural gas to limit emissions of methane, the second-largest contributor to global warming after carbon dioxide. The 27-member bloc is the world’s biggest importer of gas, and imposing such standards could affect its major suppliers, which include Russia and Norway. Published on …
Read More »Oil Industry is Waging Price War against Recycled Plastics amid Pandemic Demand Boom
With the coronavirus pandemic fuelling the demand for plastics, from face shields to packaging used for online shopping deliveries, oil industry players are taking advantage and starting a price war between new plastics that they manufacture against recycled plastics. Across the world, statistics are also showing that recyclers are losing …
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