Dec

Paris Climate Agreement

BHP Shareholders Vote Against Resolution to Lobby Australian Government on Climate

BHP Group shareholders voted against a resolution calling on the mining giant to lobby the Australian government on its climate change policy at its annual gene…

Net Zero Emission

France to Bankroll Development of Zero-Emission Ships With €300 Mln, Backed by $200 Mln From CMA CGM

France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels…

Australia

Australian Government Expands ARENA 2022-23 Federal Budget

This will include A$146.1m for the decarbonisation of the road transport sector.

Hydrogen Technology

Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…

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

EU Commission Offers €3bn for Innovative Cleantech Projects

It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …

United States

U.S. Construction Costs Drop for Solar, Rise for Wind and Natural Gas Generators

Construction costs for solar photovoltaic systems continued to decrease in the United States in 2020

Oil Price

Saudi Arabia Cuts Oil Prices for Asia

Saudi Arabia has lowered its official selling prices for oil for all its Asian clients, with the flagship Arab Light for December delivery now priced $0.40 lowe…

Hydrogen Production

Centrica and Equinor Partner on East Yorkshire Green Hydrogen Hub

Centrica and Equinor have agreed to explore developing a low-carbon hydrogen production hub at Easington in East Yorkshire, UK, to further decarbonise the carbo…

Crude Oil

UAE Believes the Oil Industry Is in “Decline Mode”

Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

Paris Climate Agreement

UN: ‘Some of the World’s Glaciers Are Beyond Saving’

Africa’s last glaciers will all have melted by 2050, the research claims.

Net Zero Emission

Report Lays out How Countries Could Reorient Their Problematic Climate Plans

A new study is the first to calculate that countries collectively need a total of 1.2 billion hectares of land to fulfill the promises laid out in their officia…

Net Zero Emission

EGA Joins First Movers Coalition to Continue Focus on Decarbonising Its Operations

The company is the first in the UAE to join the coalition.

Hydrogen Transport: Could Diesel Engines Soon Be Environmentally Friendly?

Introducing hydrogen into a diesel engine is feasible and beneficial since it decreases diesel consumption, carbon emissions, and maintenance expenses while inc…

Coal-Fired Power Plants

US Sees Decline in Coal-Fired Generation After 2021 Surge – Report

US coal-fired generation will be down 6% in 2022 compared to 2021, according to the latest Short-Term Energy Outlook from the US Energy Information Administrati…