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Ups
Hydrogen Project
Portugal Seeks to Become Major Exporter of Green Hydrogen
Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10 billion euros ($10.2 billion…
United States
U.S. EPA Allowed Two-Week Extension to Issue Biofuel Blending Proposal
The U.S. Environmental Protection Agency (EPA) and a biofuels trade groups have agreed to extend by two weeks a deadline the agency has to issue a proposal on 2…
Oil Price
U.S. Oil Companies’ Cash Flow to Rise by 68% Per Barrel in 2022 - Deloitte
U.S. upstream oil companies are expected to bank 68% higher free cash flows per barrel produced in 2022 as surging prices fuel profits, while output growth ling…
Net Zero Emission
U.S. Groups Urge Kerry to Back Climate Compensation Fund
Over 100 U.S. environmental groups on Monday urged top U.S. climate diplomat John Kerry to support the creation of a fund that would compensate countries that h…
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Natural Gas
South Korea’s Gas Consumption to Fall 4% in 2022: Report
It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.
World Bank Defends Climate Record in Meeting with NGOs
World Bank President David Malpass defended the institution's commitment to tackling climate change on Tuesday, telling civil society groups that have criticize…
United Kingdom
UK Energy Industry Body Upset Over Fracking’s Net-Zero Snub
UK energy body UKOOG criticized Tory MP Chris Skidmore for not including fracking in a net-zero review.
Net Zero Emission
New Zealand Farmers to Face Livestock Emissions Charges Under New Plan
The New Zealand government on Tuesday confirmed plans to price agricultural long-lived gases and biogenic methane that mainly comes from cow and sheep burps sep…
Oil Pipeline
Canada’s Enbridge to Sell Oil Pipelines Stake to Indigenous Groups for C$1.12 Bln
Canada's Enbridge Inc will sell a C$1.12 billion minority stake in seven Alberta oil pipelines to a group of Indigenous communities, in North America's largest …
Energy Transition
New VC Fund for Energy Transition Start-Ups in Europe
EIT InnoEnergy and Santander Asset Management are partnering on the new, yet to be named, climate tech investment vehicle.
Offshore Wind Power
Portugal Ups Debut Offshore Wind Auction Target to 10 GW
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW).
Hydrogen Production
South Korean Firms to Set up Green Energy Hub in Australia
Three major South Korean groups said on Wednesday they hope to build a green energy export hub in Australia's Queensland state, aiming to produce a million tonn…
Carbon Emissions
Microsoft and Alaska Airlines Are Working With This Startup to Make Clean Jet Fuel From Carbon Emissions
Sustainable aviation fuel, commonly called SAF, has so far been expensive to produce, but new startups are now creating clean fuels out of carbon at a much chea…
Rooftop PV System
Solar Windows Leap Forward as Supplement to Rooftop Panels
Recognizing opportunity in the ubiquity of large, glass-walled buildings, and of windows in general, researchers and start-ups are working to create a solar win…
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