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Carbon
Carbon Emissions
Chevron Sticks to Lower Budget Plans, Sets New Carbon Reduction Goals
U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing car…
Oil & Gas Supply
COVID-19 And Electrification Bring Hydrocarbon Demand Peak Forward To 2027, Says McKinsey & Company
The pandemic has resulted in a profound reduction in energy demand, from which McKinsey expects it will take between one to four years to recover – with electr…
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.
Nuclear Power Plant
Bill Gates's Next-Gen Nuclear Plant Packs in Grid-Scale Energy Storage
Wind, solar, geothermal, hydro, wave energy ... Renewable sources are a crucial pillar of any plan to decarbonize the world's energy generation industries and e…
LNG
Russia’s Gazprom Boasts First Carbon-Neutral LNG Delivery In Europe
Russian gas giant Gazprom said on Monday that it had delivered the first carbon-neutral liquefied natural gas in Europe, shipping the fuel to Shell in the UK.
Nuclear Power Plant
China Should Speed Nuclear Development to Meet Carbon Goals
China should accelerate development of nuclear power to help meet Beijing's pledges to bring greenhouse gas emissions to a peak before 2030 and become "carbon n…
China
China To Cut Energy Intensity By 3% This Year
China will reduce the amount of energy it uses to expand its economy by 3 percent this year as part of efforts to hit emission reduction targets set earlier, ci…
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
Carbon Neutral
FedEx Commits to Carbon-Neutral Operations by 2040
FedEx Corp., home of the world’s largest cargo airline, has set a goal to achieve carbon–neutral operations globally by 2040.
HVDC
China Power Giant Wants to Get Ahead on Xi’s Emissions Goals
China’s utility giant is planning to upgrade its massive electricity grid over the next few years to allow it to move away from coal generation and reach peak …
Carbon Neutral
Nuclear Crucial to Japan Meeting Climate Goals, Says IEA
However, it warned the country must act quickly if it is to achieve its ambition of reaching carbon neutrality by 2050. The restart of its idled nuclear power r…
Carbon Emissions
China Draws up Plan for Carbon Emissions to Peak by 2030, to Take Active, Well-Ordered Steps to Develop Nuclear Energy
China will draw up an action plan for carbon emissions to peak by 2030 and take active and well-ordered steps to develop nuclear energy on the basis of ensuring…
Solar thermal
Video: China's Largest Molten Salt Solar Thermal Power Station in Gobi Desert
With 12,000 mirrors, China's largest molten salt solar thermal power station in the Gobi Desert can reduce annual carbon dioxide emissions by 350,000 tonnes, eq…
Carbon Neutral
Japan on Track to Achieve 2030 Renewable Power Goal
Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal.
Wind Farm
Acciona Supports Banco Santander’s Carbon Neutrality Target Through Its Oaxacas Wind Farm in Mexico
With this transaction, ACCIONA is contributing to Banco Santander’s goal of becoming carbon neutral in 2020 by offsetting approximately half of the entity’s o…
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