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HomeNet Zero

Net Zero

Exxon
Carbon Capture

CEO Darren Woods: Exxon Mobil Can Produce Lithium at ‘Much Lower Cost’

July 31, 2023 Mariel Alumit

Exxon Mobil Corp. plans to invest billions of dollars in low-carbon segments like carbon capture, biofuels and hydrogen. But the U.S. supermajor is also evaluating opportunities in lithium production, Exxon CEO Darren Woods said. As the […]

nuclear
Net Zero

First US nuclear reactor built from scratch in decades enters commercial operation in Georgia

July 31, 2023 Mariel Alumit

ATLANTA (AP) — The first new U.S. nuclear reactor to be built from scratch in decades is sending electricity reliably to the grid, but the cost of the Georgia power plant could make it a […]

Global
Coal

U.S. Must Double LNG Exports To Cut Emissions, Reduce Global Coal Use

July 28, 2023 Mariel Alumit

The continued reliance on burning coal to produce energy is undeniably the greatest obstacle to reaching our shared goals for reducing global emissions. With the dependence on coal reaching an all-time high in 2022, rapidly replacing it […]

Japan
Climate Crisis

Japan Says It Can Make Coal Cleaner. Critics Say Its Plan Is ‘Almost Impossible.’

July 24, 2023 Mariel Alumit

The world’s advanced economies have committed to phasing out coal over the next seven years. But not Japan, which stands alone in insisting it can make coal less damaging to the planet. Nowhere is that […]

Climate Crisis

World’s Biggest Wind Power Projects Are in Crisis Just When World Needs Them Most

July 23, 2023 Mariel Alumit

Offshore wind farm project developers stumble amid inflation Governments want green energy to cut costs and carbon Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this […]

Developing nations need $1.7trn clean energy investments
Energy Transition

Developing nations need $1.7trn clean energy investments

July 16, 2023 Mariel Alumit

Developing countries need renewable energy investments of about $1.7 trillion annually but attracted foreign direct investment in clean energy worth only $544 billion in 2022.  There is an urgent need to support these nations to […]

supply
Commodities

The net-zero materials transition: Implications for global supply chains

July 10, 2023 Mariel Alumit

To provide critical materials for the energy transition, the metals and minerals industries must adapt their global supply chains. Increasingly bold climate targets are changing global materials supply chains, to the extent that the transition to […]

Climate Crisis

David Blackmon: A Backlash Against Net-Zero Policies Is Finally Beginning To Take Shape

July 8, 2023 Mariel Alumit

The past week has been a very interesting one, to say the least, as the media has suddenly filled with story after story documenting a rising backlash against net-zero policies in the Western world. From […]

Europe
Climate Crisis

Is Europe going cold on Net Zero?

July 7, 2023 Mariel Alumit

When the EU passed its landmark climate policy in April, it was heralded as the bloc’s most ambitious to date. Under the new terms, emissions are to be slashed by 62% from 2005 levels before 2030, […]

minerals
CCUS

No way out | Critical minerals supply crunch is going to hurt green transition, warns McKinsey

July 6, 2023 Mariel Alumit

Even with low transition 2.4 ̊ C scenario, minerals and metals needed for lower-carbon technologies face shortages by 2030, consultancy calculates The world is heading for a turbulent period of energy transition where constraints on […]

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