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Net Zero Emission

EU Agrees Law to Make Airlines Pay More to Pollute

The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit planet-heating carbon …

United Arab Emirates

UAE's ADNOC, Taqa and Mubadala Complete Masdar Stake Deal

Abu Dhabi's National Oil Company [RIC:RIC:ADNOC.UL], Taqa (TAQA.AD) and Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday they would …

Net Zero Emission

Vanguard Quits Net Zero Climate Effort, Citing Need for Independence

Vanguard Group Inc is pulling out of a major investment-industry initiative on tackling climate change, the world's biggest mutual fund manager said on Wednesda…

Offshore Wind Power

European Energy Firms Dominate Landmark California Offshore Wind Auction

The U.S. government's first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European com…

Nuclear Fusion

EIT InnoEnergy Invests in Start-up for Commercially Viable Fusion

EIT InnoEnergy has announced its latest investment in Sweden-based Novatron Fusion Group AB. The company is developing a new proprietary fusion power concept, a…

Natural Gas

Nearly 30% Of British Gas Customers Still Missing Out on Energy Vouchers

Almost a fifth of SSE and ScottishPower customers said they hadn’t got their October or November voucher, according to a survey

Net Zero Emission

‘Airline Prices to Go Up in Net Zero Quest’

That’s according to the body that represents some of the world’s largest airlines

Net Zero Emission

Etihad Airways Wins Two Sustainability Awards

The airline has adopted a range of initiatives, including its Greenliner programme.

Electric Car

How Rising Battery Prices Could Derail Arrival of Affordable EVs

Surging costs of materials including cobalt, nickel and lithium are driving increase.

Natural Gas

U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia

U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”

Energy Transition

Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln

Australian mining billionaire Andrew Forrest's private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people f…

Energy Investment

Losses May Force Japanese, S. Korean Utilities to Delay Green Investment

South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, for…

Wind Farm

Billionaire Forrest Aims to Develop 5 GW of Wind Farms by 2030

CWP Renewables, now in the hands of Andrew Forrest, plans to develop 5 gigawatts of wind farms in Australia by 2030.

LNG

U.S., Britain Launch Energy Partnership to Boost Supplies

The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …

United States

U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA

U.S. power consumption will rise to a record high in 2022 because of increasing economic activity and hotter summer weather, the U.S. Energy Information Adminis…