Decarbonization

Net Zero Emission

Carbon Removal Key to Reaching Paris Agreement Climate Goals, Wood Mackenzie Says

Fossil fuels will continue to account for 37% of the primary global energy demand in 2050 even if the net-zero goals are achieved

Net Zero Emission

Rio Tinto, Schneider Electric partner to drive decarbonization

Rio Tinto, a leading global mining and metals company, and Schneider Electric signed a memorandum of understanding for a collaboration to develop a circular and…

Coal-Fired Power Plants

G7 Countries Agree to Stop International Funding for Coal-Fired Power

Coal is considered unabated when it is burned for power or heat without using technology to capture the resulting emissions, a system not yet widely used in pow…

Hydrogen Storage

Mitsubishi Power & Texas Brine Partner on Large-Scale Salt Cavern Storage for Hydrogen to Support Decarbonization Efforts in the Eastern US

Mitsubishi Power Americas and Texas Brine Company are collaborating to develop large-scale long-duration hydrogen storage solutions to support decarbonization e…

Net Zero Emission

Partnership with India to Achieve Climate, Energy Goals Core Pillar of Bilateral Cooperation: Biden

Biden made the comments a day after India and the United States announced a "US-India Climate and Clean Energy Agenda 2030 Partnership" to create stronger bilat…

Japan

Japan Ups 2030 Greenhouse Gas Reduction Goal to 46 per cent

Prime Minister Yoshihide Suga announced the new target, compared with 2013 emissions levels, hours before the start of a virtual summit on climate change called…

Net Zero Emission

Wipro Aims to Reach Net-Zero Greenhouse Gas Emissions by 2040

Wipro set an intermediate target of a 55 per cent reduction in GHG emissions by 2030 in absolute emission levels compared to its base year of 2016-17.

Paris Climate Agreement

Siemens Energy’s Decarbonisation Targets Confirmed

As one of the world’s leading energy technology companies, Siemens Energy welcomes the verification of its emission reduction targets by the renowned Science B…

Energy-Eficient Building

The Role of Energy Efficiency in Achieving Net Zero Targets

Reaching the net zero targets announced by countries around the world isn’t just about generating cleaner energy: it will also require significant improvements…

Paris Climate Agreement

'Commitment to Cooperate': US and China Pledge Renewables-Led Decarbonisation

Superpowers' special climate envoys proclaim 'shared goal' to step up action to meet Paris climate targets and support developing nations' transition away from …

Net Zero Emission

Global Leaders get Real about Net Zero Goals at IEA Summit

Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…

Paris Climate Agreement

Companies Net Zero Action Plans could be too Little too Late

More than half of companies are not transitioning fast enough, leaving them in danger of missing the Paris Agreement target of net-zero carbon emissions by 2050…

Carbon Neutral

U.S. Needs To Cut Emissions By 57% To Meet Paris Agreement Goals

The United States needs to reduce its emissions by at least 57 percent by 2030 below 2005 levels to fulfill its share of the cuts consistent with the Paris Agre…

Energy Investment

Wells Fargo to Deploy $500bn in Sustainable Financing by 2030

Wells Fargo has announced plans to invest $500bn in sustainable financing by 2030 to support the transition to a low-carbon economy.

Paris Climate Agreement

India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says

Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister