Group of Seven nations are butting heads over the timeline for phasing out coal-fired power ahead of next weekend’s summit of top energy and environmental ministers. Draft communique documents circulated before negotiations resume Tuesday and seen by Bloomberg News show the European Union, the US and Japan expressed reservations about …
Read More »EU Plans Hydrogen Deal with Namibia as It Pulls away from Russian Energy
The European Union (EU) is planning a deal with Namibia to support the country’s nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less …
Read More »OPEC+ Sees 2021 Oil Deficit, 2022 Surplus as Supply Revived
OPEC and its allies expect global oil markets will continue to tighten this year even as they revive output, but then flip into surplus again in 2022. The data — to be presented to the group’s Joint Technical Committee on Tuesday — ought to reassure the Organization of Petroleum Exporting …
Read More »China Coal Approvals Seen Adding to Confusion on Climate Action
Approvals for major new coal power plants by China’s local authorities show the tension in the nation’s efforts to meet climate goals, even as the overall total of projects given the go-ahead falls, according to campaigners. Local authorities approved 24 plants with a combined capacity of 5.2 GW, a 79% …
Read More »Renewables Cooperation with Mining Industry
Most mining companies expressed they are willing to decarbonize and pursue initiatives that go well beyond renewables.
Read More »World Cannot ‘Press Pause’ on Renewables. as Capacity Growth Stalls
The world cannot afford to ‘press pause’ on the expansion of renewables.
Read More »Trump Administration Makes It Easier To Build Coal Plants
The proposed modifications are Trump’s latest attempt to fulfill campaign promises to revive the coal industry and restore mining jobs.
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