Supported by the United States, France will propose at the COP28 climate summit in Dubai an exit of private financing for coal-fired power plants, Reuters reported on Tuesday, citing sources with knowledge of the talks. According to Indian officials who spoke to Reuters, France has discussed with India – a …
Read More »Is Ocean Thermal Energy the Future of Renewable Power?
Ocean thermal energy conversion (OTEC) is the oldest renewable energy technology you’ve never heard of. The idea for the technology, which exploits the differing temperatures in different layers of ocean water to create energy, is almost 150 years old, but is only now gaining traction for practical application. While OTEC …
Read More »IEA: Clean Energy Jobs Boom Faces Looming Skills Crunch
There were 4.7 million more people employed in clean energy in 2022 than in 2019, according to latest data from influential organisatoin The number of people employed in the energy sector is growing fast, as demand for solar, wind, and other clean energy technologies has soared in all regions of …
Read More »China to Compensate Coal Plants as it Seeks Power Supply Stability
China will start guaranteeing payments to coal-fired power plants based on their installed capacity as of January 2024, as the world’s top coal consumer looks to ensure stability of electricity supply amid soaring renewable energy output. The National Development and Reform Commission (NDRC), the state planner, said on Friday that …
Read More »Chevron to Explore Lower Carbon Opportunities in Angola
Chevron Corp. has pledged to look into potential carbon capture and biofuel operations in Angola through a pact involving its lower carbon division in the USA and the government in Luanda. “Chevron and the Angola Government plan to evaluate various projects related to nature-based and technological carbon offsets, lower-carbon intensity …
Read More »How the EU’s Carbon Tax Scheme is Reshaping Global Steel Trade
This month saw the launch of the EU’s CBAM policy, a much-needed abbreviation for Carbon Border Adjustment Mechanism. Officials designed the trade policy to put a fair price on the carbon emitted during the production of carbon-intensive goods entering the European Union. They also hope it will encourage cleaner industrial …
Read More »Environmentalists Slam EU Hydrogen Pipeline Plan as Favoring Fossil Fuel Giants
The European Union’s plans to include natural gas pipeline projects that could be converted to carry hydrogen in the EU’s multi-billion-euro program for subsidies to crucial infrastructure projects is support for major fossil gas producers, environmental organizations say. The EU is set to debate and decide in the coming weeks …
Read More »Stockholm to Ban Gas and Diesel Cars from 2025
The ban on gas and diesel vehicles is officially making its way across the globe, with Stockholm the next city in the queue. The Swedish capital now has a plan in place to ban gas and diesel cars in part of the city beginning in 2025, according to Bloomberg. The …
Read More »Denmark to Treble Power Demand by 2035
Denmark’s annual power demand could treble to 127 TWh by 2035, fuelled by a surge of electrolysers using wind and solar power to create hydrogen and other green fuels, said the nation’s energy agency in a new study. It estimated demand from electrolysers to jump from virtually zero today to …
Read More »IAEA Team Joined by China Takes Samples after Fukushima Water Release
The International Atomic Energy Agency and experts from China, South Korea and Canada on Monday collected seawater samples near the crippled Fukushima nuclear complex in northeastern Japan following the release of treated radioactive water from the site, the Japanese government said. The team is visiting Japan through Oct. 23 to …
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