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Climate goals
IEA: Global Energy Efficiency Accelerates Amid Crisis
The progress toward energy efficiency is still not enough to meet climate goals, according to the International Energy Agency.
Energy Transition
Sustainable, Low-Cost Hydrogen - a Revolutionary Step in the Energy Transition
Governments and corporations are under increasing pressure to adopt large-scale renewable energy sources and meet current climate goals to help mitigate the eff…
Net Zero Emission
Turkey Needs EUR 9.6 Billion Annually to Achieve Climate Goals
Turkey will need around EUR 9.6 billion of investments annually to raise the capacity of solar, wind, and storage technologies and reduce fossil fuel consumptio…
Net Zero Emission
IEA Calls to End New Coal as Climate Change Threats Rise
A new IEA special report provides an analysis of what it would take to bring down global coal emissions rapidly enough to meet international climate goals.
Targeted RE Capacity Needs to Be Doubled by 2030 to Reach Climate Goals
Total capacity needs to reach 10.8TW from the current target of 5.4TW.
Carbon Pricing
IMF Chief Says $75/Ton Carbon Price Needed by 2030
The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.
EU
ECB Wants to Put Banks on Schedule to Meet Climate Goals
Euro zone banks still largely fail to meet the European Central Bank's climate disclosure and management expectations, and laggards who keep failing deadlines c…
Net Zero Emission
Carbon Credit Use Could Curb Company Climate Action, Warns UK Advisers
The use of cheap carbon offsets by companies to meet net zero targets could curb their efforts to cut emissions and slow the delivery of climate goals.
Oil&Gas Drilling
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
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…
Wind Turbine
Mercedes-Benz Plans to Install Wind Turbines of More Than 100 MW
Mercedes-Benz is taking another big step towards achieving its climate goals, as the automaker announced its plans to install a “double-digit” number of wind …
Oil Field
Norway’s Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early
Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offs…
Wind Power Project
Energy Security: France Takes Emergency Measures to Boost Wind and Solar
France gets around 20% of its electricity from renewable sources – 8% from wind energy, but it needs more to meet its climate goals while reinforcing energy se…
Hydropower Plant
Experts Say Hydropower Needs to Double by 2050 to Meet Climate Goals
Global installed hydropower capacity rose by 26 GW in 2021 to 1,360 GW, but that’s far short of the progress needed to achieve the world’s climate change miti…
Europe Needs Faster Renewables Growth Rate to Reach Climate Goals
Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by …
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