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Carbon Emissions

Australia Increases Emission Reduction Target to 43 per Cent by 2030

The Federal Government has submitted a new 2030 Nationally Determined Contribution (NDC) under the Paris Agreement to increase the national emission reduction t…

BP Buys 40.5% Stake in Asian Renewable Energy Hub

The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.

United States

U.S. Sustainable Funds Mark Rare Outflow in May

Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursda…

Oil Price

Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall

Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…

Coal-Fired Power Plants

Australian Power Crisis Eases as Coal-Fired Plants Crank Up

Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but…

Wind Farm

Vattenfall Offshore Wind Farm Will Use Recyclable Wind Turbine Blades

The Hollandse Kust Zuid offshore wind farm in the Netherlands will use a new type of wind turbine blades that can be recycled. The blades are made with a new ty…

Crude Oil

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …

Energy Storage Battery

Skyscrapers—a Gravity Energy Storage Boon

Elevators and electric trucks provide opportunity for widespread, mechanical, grid-scale batteries.

Nuclear Power Plant

Finnish Nuclear Plant Under Construction Since 2005 Faces Yet Another Delay

Commercial operation of Olkiluoto 3, a nuclear power plant (NPP) unit that has been under construction in Finland for nearly 17 years, will be delayed for anoth…

Electric Car

Chinese EV Battery Manufacturers Growing Fast

Chinese electric vehicle (EV) battery manufacturers are growing fast based on huge investments and the rapidly growing EV market of China.

Energy Transition

Energy Transition Goals at Risk as EU May Label Lithium as Toxic

European Commission could move to put lithium on a list of toxic substances.

Offshore Wind Power

UK’s £130M Subsea Cable Manufacturing Facility Reaches Final Grant Agreement

The project is forecast to create 170 new jobs

Nuclear Power Plant

Nuclear Is Needed for Net Zero, Says Finnish Minister

He has stated that without nuclear, Europe cannot be carbon-neutral.

United Kingdom

UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’

The UK spent £5.1 billion on Russian energy imports in the year to April 2022.

Net Zero Emission

Airports Need to Get Hydrogen Ready Now to Land Net Zero Targets

Airport owners and operators need to plan for the delivery and storage of hydrogen now if they are to be ready to fuel hydrogen-powered aircraft by 2035.