The company has set itself the ambitious goal of ‘net zero’ in Scope 1&2 emissions by 2040. It plans to expand its renewable portfolio to reach 1 GW of generating capacity by 2025 and 10 […]
YASUNÍ NATIONAL PARK, Ecuador — The bulldozers rumble through after sunrise, clearing out massive amounts of trees in this remote and remarkable section of the Amazon rainforest. It’s a place where giant otters patrol the […]
Pakistan’s national grid suffered a major breakdown, leaving millions of people without electricity for the second time in three months and highlighting the infrastructural weakness of the heavily indebted nation. The energy minister, Khurram Dastgir, […]
By Gregory Hershman, Head of US Policy As US statehouses begin their 2023 sessions, we see a growing number of proposed bills that address ESG or responsible investment in some way. Most of these bills see considering […]
LONDON, Jan 24 (Reuters) – Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain hitting its emissions targets. Power giant Orsted aims to […]
(Bloomberg) — Germany is still years from substituting Russian pipeline gas imports with liquefied natural gas capacities, according to estimates by the country’s Economy Ministry. Chancellor Olaf Scholz told Bloomberg last week that the country […]
Russian oil shipments plunged by 820,000 bpd last week. Total Russian seaborne crude oil exports stood at 2.98 million bpd. Russian revenues from oil, albeit still massive, have declined in recent weeks, according to various […]
After a boom in wind and solar generation, regulators in the nation’s top energy-producing state are pushing ahead with a plan that would incentivize more natural gas plants on the power grid. The new framework […]
January 19 – Last week, European Commission President Ursula von der Leyen said the European Union is planning to mobilize state aid and a sovereign fund for renewable energy companies within a new Net-Zero Industry […]
The world’s largest rail vehicle manufacturer has rolled out a zero-emissions train running on hydrogen fuel cells with a supercapacitor buffer. The four-car train is capable of 100 mph (160 km/h), making it the fastest […]
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