This week saw huge sums being earmarked for renewable energy projects by JPMorgan Chase and Norway’s sovereign wealth fund. The enormous amounts of energy used in the cryptocurrency industry also attracted a great deal of attention with an initiative being launched to...
U.S. carbon emissions fell by more than half a billion metric tons in 2020 — down 11% compared to 2019 — due to COVID-19 pandemic restrictions.U.S. carbon emissions fell by more than half a billion metric tons in 2020 — down 11% compared to 2019 — due to COVID-19...
An entertainment giant has made the decision that it will achieve net-zero emissions by the end of next year, which will involve major changes in the way it currently produces its much-loved films and TV shows. Meanwhile, the state of Wyoming has reaffirmed its...
U.S. electric utilities have increased their spending on electric transmission systems to help withstand extreme weather events such as the Texas winter storm of early 2021. And yet the very nature of utility-scale grids may change as consumer interest in renewable...
Fossil fuels and subsidies have taken center stage this week with news that coal use is surging. Many political leaders and pressure groups have been touting cleaner energy sources as part of a post-pandemic green recovery. But demand for coal — the single...
In a major announcement, large fossil fuel companies now say they are willing to accept a price on carbon emissions as a way of finding solutions to the climate crisis, but some commentators are questioning their motives. A recent report shows the oil majors continue...
In this week’s review of the top energy news, Canadian power projects destined for the U.S. are a major source of controversy. President Joe Biden faces a class-action lawsuit over his decision to stop the Keystone oil pipeline from Canada, whereas in Maine, a judge...
Green hydrogen is under the spotlight after Bill Gates backed a new production technology that could help the global push to net-zero emissions. Gates’ clean-tech fund Breakthrough Energy Ventures is among several investors committing $22 million to technology...
-All eyes are on the U.S. as it prepares to lay out its Paris Agreement pledge stating the country’s Nationally Determined Contribution toward achieving a reduction in global emissions by the year 2030. At the same time, countries around the globe are stepping up the...
Renewable energy investment needs to increase eight-fold — some $131 trillion — for the world to hit climate change targets, according to a new report. The International Renewable Agency (IRENA) reviewed how to limit global temperature rises to 1.5°C and achieve...