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Carbon Pricing
Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits
British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International
Net Zero Emission
GM Backs Setting Tough U.S. Emissions Targets for 2030
General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…
Natural Gas
Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project
Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…
Natural Gas
Hungary Warns Against Further EU Sanctions on Russia
Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.
Energy Transition
UN Secretary-General Calls for a Fossil Fuels Intervention
The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…
Coal-Fired Power Plants
TerraPraxis and Microsoft Partner to Decarbonise Coal Plants
Non-profit sustainability group TerraPraxis will partner with Microsoft to deliver a digital solution to support the repurposing of over 2,400 coal-fired power …
Solar Cell
Naturgy Builds 683 MW of Wind and Solar Power in Spain
The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…
Wind Power Project
Vestas Receives Order for 104 MW of Wind Power in Spain
Vestas has received an order for 104 MW for the Pinta y Guindalera wind farm, which will be located in Valladolid, Castilla y León, Spain.
Net Zero Emission
Global Climate Goals Threatened by Lack of Clean Tech Collaboration – IEA
Global efforts to reduce emissions and curb rising temperatures are threatened by a lack of collaboration between countries in sharing and developing new techno…
Net Zero Emission
Dubai Reduced Carbon Emissions by 21% In 2021
Emirate has increased proportion of solar energy and enhanced operational efficiency in factories and facilities
Net Zero Emission
Net Zero Investor Group Members Set More Short-Term Emissions Targets
The Net Zero Asset Owner Alliance (NZAOA) said on Tuesday that nearly two thirds of its members had set short-term goals to cut portfolio emissions in line with…
Natural Gas
Germany’s Natural Gas Storage Will Last for Two and a Half Months
Gas storage sites in Germany, now nearly 90% full, will be empty after the winter, German Economy Minister Robert Habeck said on Monday.
Natural Gas
A Natural Gas Shortage Is Looming for the U.S.
While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike …
Oil Price
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Solar Cell
Iberdrola Obtains Environmental Impact Statement for New 375 MW Photovoltaic Plant in Spain
Iberdrola has obtained the Environmental Impact Statement (EIS) for the construction of a new 375 MW photovoltaic project in the town of Cedillo in Cáceres.
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