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Energy Transition

COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say

Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…

Japan

BOJ to Conduct Annual Survey on Climate Finance to Nurture ESG Market

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, se…

Eni and EDF Using Quantum Computing to Make Sustainability Gains

Quantum computing in the energy sector is gaining ground with the development of new use cases by Italy’s Eni and EDF in France.

Hydropower Plant

Two Major UK Renewable Energy Projects Delayed Due to Red Tape

Britain’s economy has been affected by Russia’s curtailment of gas exports

Solar Cell

'Simple' Tweak to Perovskite Solar Cells Could Boost Renewable Energy Generation

A 'simple' tweak to perovskite solar cells during the fabrication stage could help to unlock the untold potential of the renewable energy source, claims researc…

Australia

Australia Launches Research into Energy-Efficient Metaverse Technologies

University of Wollongong Professor Willy Susilo has been awarded more than Au$400,000 (US$266,000) for research into green and sustainable energy-efficient meta…

Oil Field

Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield

China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, t…

Smart Grid

DCC Smart Meter Data to Enhance Energy Efficiency Schemes in UK

A new AI initiative by a tech firm has been announced, utilising the extensive data collected from smart meters in the UK to inform energy efficiency schemes.

Carbon Emissions

UK Launches Funding Pool for AI Decarbonisation Projects

The UK government launched a new decarbonisation programme to support use of Artificial Intelligence (AI) to reduce the UK’s carbon emissions.

Net Zero Emission

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition

Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…

Net Zero Emission

Amazon UK Adds E-Cargo Bikes, Walkers in Decarbonisation Drive

Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it…

LNG

Argentina Government to Send LNG Bill to Congress in Coming Months

Argentina's Economy minister Sergio Massa said on Thursday that the government was readying a liquefied natural gas (LNG) bill to send to Congress in the coming…

Canada

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus

Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…

Spain

Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle

An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backi…

Metaverse Energy Research to Launch in Australia

University of Wollongong Professor Willy Susilo has been awarded more than Au$400,000 (US$266,000) for research into green and sustainable energy-efficient meta…