Economy

Fossil Fuel Subsidies Continue to Far Outstrip Renewable Subsidies, Suffocating the Energy Transition

Switching fossil fuel subsidies to support renewables could unleash a clean energy revolution and propel the decarbonisation of the global economy, according to…

Hongkong Are Building an Offshore LNG Terminal And Introducing Feed-in Tariff Schemes

Progress is underway for Hong Kong’s first offshore LNG terminal, with the establishment of a joint venture between Castle Peak Power Co. (CAPCO), which is own…

Oil & Gas Trade

Due to US Sanctions of Iran Export Oil, Turkey's Energy Security will be Crucial

Turkey is aiming to become a $1 trillion economy by 2023. If the story of the country’s economic development is to continue, its energy security will be crucia…

BloombergNEF Reports：Energy Storage Will Grow to 1095GW in 2040

BloombergNEF reports says falling cost of batteries will help to drive global growth in the market.Energy storage will grow to 1095GW in 2040, compared with 9GW…

U.S. Ethanol Industry Nearing Breaking Point

The U.S. ethanol industry is about to break under the weight of the Trump Administration's trade war with China and the surge in the number of small refineries …

China Belt and Road Energy Investments Grow 1,370% Since 2014

Investments from China’s Belt and Road initiative (BRI) have supported over 12GW of wind and solar energy projects in South and Southeast Asia since 2014, acco…

Official Report:China,Iran Can Join Hands Facing the Unilateral Sanctions And “American Bullying”

A senior Chinese official has called for Tehran and Beijing to join forces in confronting US pressures as he stressed that China’s resolve to develop relations…

Labour Reveals £3.5bn for Tidal Power on Merseyside

A £3.5 BILLION investment in tidal power on Merseyside was announced by Labour leader Jeremy Corbyn when he visited Liverpool today. Mr Corbyn said the project…

China Pursues More Renewable Energy At Home & Abroad

The Chinese government takes a rather blunderbus approach to renewable energy policy. For years, it offered generous subsidies for renewables and saw installed …

Venezuela Will Build An Economy That Will Not Be Tied To Oil

The head of the Bolivarian Republic said: “We are just starting to go on the road that will turn Venezuela into a region with economic potential that will prod…

Scientists Analysis：Hydrogen Could Help the Global Economy Decarbonise

A pasta factory in rural south-west Italy is not the obvious location for an energy project that could show how to cut emissions from Europe’s vast industrial …

Series Report: The Future of Japan's Energy and Environmental Policies

In the first four parts of this series, I mainly outlined the current state and challenges facing the supply side of energy.

From Fossil Fuels to Sustainable Futures

The technology is “absolutely there” now for humanity to switch over to using huge amounts of renewable energy, reliably, says Wärtsilä VP for Europe Melle …

The European Investment Bank Proposes to Stop Considering New Loans to Fossil Fuel Projects

The European Investment Bank proposes to stop considering new loans to fossil fuel projects, including natural gas infrastructure, from the end of 2020, it said…

Fossil Fuels Now Provide 79.4 Per cent of Overall UK Energy Mix

Oil, gas, and coal now provide 79.4 per cent of overall UK energy mix, while renewables' role hits record high, official government statistics reveal.