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Carbon Emissions
Gasoline vs Diesel: Which Is More Polluting?
Diesel vehicles burn less CO2 than gasoline cars to cover the same distance in highway conditions. However, they also emit potentially toxic particulate matter …
Offshore Wind Power
Offshore Wind CAPEX in China to Decline in Next Decade: Report
Capital expenditure in the market is expected to drop to $7.7b in 2030.
Latest Ofgem Measures Protect Consumer Credit Balances
Energy regulator Ofgem has announced new measures to improve the financial health of energy suppliers and enable resilience in the face of future energy market …
Ofgem Sets Out Tougher Rules for Energy Suppliers to Protect Customers
Credit balances are used by some firms like an interest free company credit card, Ofgem’s boss has said
Germany To Provide 15 Billion-Euro Credit Line To Fill Gas Storage
Germany will provide an additional 15 billion euros in credit lines for the purchase of gas to replenish storage facilities.
Solar Power Panel
Dutch Startup Kicks Off Sales of World First Solar Electric Car, Worth $265,000
A Dutch company is starting deliveries of the world’s first production-ready solar car to customers later this year, promising months of charge-less driving in…
Net Zero Emission
Google and Unilever Among Firms Testing New Framework for Carbon Credit Claims
A provisional code of practice that aims to "bring integrity to corporate claims made about voluntary use of carbon credits" is to be road-tested by a host of l…
Net Zero Emission
Initiative Launched to Rank Corporate Climate Claims Using Carbon Offsets
A consultation for a global standard to assess companies' claims about progress towards internal climate targets and their use of carbon offset credits launched…
OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Carbon Pricing
Could Blue Carbon Credits Be the Future of Sustainable Financing?
The Bahamas has announced plans to sell $300m in blue carbon credits in 2022.
Electric Car
Elon Musk Lauds China for Leading the World in Renewable Energy and EVs
Elon Musk has given credit to China for its hard work in renewable energy and electric vehicles. The Tesla CEO’s points were shared on both Twitter and Weibo. …
Inaugural Edition of World Utilities Congress Successfully Concludes in Abu Dhabi
The inaugural edition of the World Utilities Congress saw a successful conclusion on the third and final day of the event.
Wind Turbine
Wind Turbine Suppliers See Record Year for Deliveries Despite Supply Chain and Market Pressures
30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasin…
Net Zero Emission
Swiss Re, UBS Among Founding Buyers in Carbon Removal Scheme
Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking…
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
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