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Net Zero Emission
H&M, Lululemon Back $250 Million Fashion Climate Fund to Decarbonise Supply Chain
Lululemon Athletica Inc and H&M Group are among backers of a $250 million fund aiming to speed up efforts to cut carbon emissions in the fashion industry's supp…
Paris Climate Agreement
Global Investors Write to U.N. To Urge Global Plan On Farming Emissions
Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb one of the biggest s…
LNG
U.S. Natural Gas Prices Drop After Explosion at Freeport LNG Terminal
An explosion at a liquefied natural gas (LNG) export terminal in Texas has sent natural gas prices downward as emergency crews respond and details continue to f…
United Kingdom
UK ‘Urgently Considering’ to Extend Windfall Tax to Electricity Generators
Rishi Sunak has said there are “extraordinary profits” made in the electricity generation sector
Hydropower Plant
Dubai’s 250MW Hydroelectric Power Plant in Hatta Reaches 44% Completion
The project includes the establishment of 5.4km-long cable car route and the Dubai Mountain Peak at an altitude of 1,300 metres (the summit of Jebel Umm Al Niso…
Electric Vehicle Battery
Standard for EV Battery ‘State of Health’
MOBI (Mobility Open Blockchain Initiative) has released the first Battery State of Health standard as a component of its Battery Initiative.
LNG
Shell to Work With Japanese Customers on Decarbonising LNG Value Chain
Shell, Tokyo Gas, and Osaka Gas sign two MOUs to explore decarbonisation opportunities
Solar Power Panel
US Waives Tariffs on Solar Panels From Vietnam
US President Joe Biden on June 6 declared a 24-month tariff exemption for solar panels manufactured in four Southeast Asian countries, including Vietnam, in an …
Carbon Emissions
Argonne Leads Effort to Use Sustainable Aviation Fuels for Decarbonizing Aviation
Argonne is helping the aviation industry chart a more environmentally friendly future by bringing science and industry together to advance the research and deve…
Net Zero Emission
Initiative Launched to Rank Corporate Climate Claims Using Carbon Offsets
A consultation for a global standard to assess companies' claims about progress towards internal climate targets and their use of carbon offset credits launched…
Carbon Emissions
NY Bill Aims to Limit Crypto Miners Using Fossil Fuel-Generated Power
The New York State Legislature has passed a bill that would impose a two-year moratorium on the use of fossil-fuel power plants to provide energy to miners of c…
LNG
Chesapeake Energy Aims to Expand Push Into LNG With Market Adviser
Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing, as it seeks to expand into the fast-growin…
OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Electric Car
How Recycling Lithium-Ion Batteries Can Boost India’s EV Adoption
The battery accounts for about half the cost of an electric car and cheaper, more sustainable solutions can help to reduce prices
LNG
Shell Eastern Petroleum Signs MoUs With Japan LNG Buyers
Agreement between Shell Eastern Petroleum, Tokyo Gas and Osaka Gas aims to accelerate decarbonisation across respective production value chains.
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