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Net Zero Emission

COP27: France, Spain Latest to Pledge Halt to Gasoline-Driven Vehicle Sales

France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to a…

Net Zero Emission

Drop Coal or Forget the 1.5°C Target, Says IEA

The global demand for coal has been at record highs for the last ten years, new report has warned.

Net Zero Emission

U.S., Japan and Partners Mobilise $20 Bln to Move Indonesia Away From Coal Power

A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak em…

Coal-Fired Power Plants

South Africa’s Energy Crisis May Last for Years

South Africa’s recent focus on coal-powered generation has led to a collapse of the country’s renewable energy manufacturers and power providers, and the curr…

Natural Gas

‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says

The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.

Natural Gas

COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years

Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.

United States

US West Faces Power Reliability Issues from Growing Use of Renewables

A group responsible for power market reliability in Western North America said the growing use of renewable generation will require the region to boost planning…

Energy Transition

Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…

Natural Gas

Eni Can Double Italian Gas Production in 30-36 Months, CEO Says

In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.

Carbon Emissions

DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business

Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…

Carbon Emissions

UN: ‘Last 8 Years the Hottest Ever’

Sea level rises have also doubled in the last 30 years, a report has found.

Carbon Emissions

South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years

South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the…

Energy Transition

S.Africa's Energy Transition Plan Needs $46.5 Bln, Five Times Pledges - Sources

South Africa's plan to kick-start its transition from coal to renewable energy will need $46.5 billion, more than five times the $8.5 billion Western nations ha…

Natural Gas

Analysis: Renewables Shift Lays Bare Africa’s Energy Dilemma

Africa must build oil and gas pipelines, liquefied natural gas (LNG) terminals, distribution hubs and gas-fired power plants over the next 20 years to unlock it…

Hydrogen Fuel Cell

Hydrogen - Not Electric - Will Be ‘Hippest Thing’ to Drive, BMW Boss Says

BMW has dabbled with the idea of hydrogen as the fuel of the future for years, long before current enthusiasm surrounding electric vehicles.