Reaching the net zero targets announced by countries around the world isn’t just about generating cleaner energy: it will also require significant improvements in making our energy use more efficient. …
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Renewable Energy Boom Risks More Blackouts Without Adequate Investment In Grid Reliability
In recent congressional hearings, political leaders pointed to recent electricity blackouts in Texas and California caused by extreme weather as reasons for why the federal government should increase taxpayer subsidies and mandates …
Read More »Exxon’s $100 Billion Carbon Capture Plan
The momentum behind carbon capture, utilization and storage (CCUS) as a business opportunity with obvious synergies to the oil and gas industry continued to build this week, as ExxonMobil XOM …
Read More »Here’s What Countries Pledged On Climate Change At Biden’s Global Summit
Leaders of countries like Brazil, Canada and Japan made commitments on Thursday to curb domestic greenhouse gas emissions and tackle climate change during President Joe Biden’s climate summit. The president convened the summit …
Read More »Commission Welcomes Provisional Agreement On The European Climate Law
The Commission welcomes today’s provisional agreement between the co-legislators on the European Climate Law. As one of the key elements of the European Green Deal, the European Climate Law enshrines …
Read More »World Leaders, Royalty And Environmentalists Gear Up For Major Climate Summit COP26
Six years ago, after days of painstaking negotiations, world leaders managed to thrash out a deal on climate change. The result was the Paris Agreement, decided at the COP21 summit …
Read More »Another April Day, Another ERCOT Warning About Inadequate Supply
With roughly 25% of the Texas power grid’s generating units offline for maintenance, grid managers at the Electric Reliability Council of Texas (ERCOT) once again expressed concerns about tight electricity …
Read More »Biden Administration and Industry Alike See Hydrogen As ‘Swiss Army Knife’ For Eliminating Emissions
The uptick in interest in the technology comes as many governments and companies have set their sights on reaching net-zero emissions by the middle of the century. To achieve that …
Read More »Lithium Prices Could Triple As EV Production Soars
The global market share of electric vehicles is set to rise so quickly that battery manufacturers will not be able to meet production requirements, a Rystad Energy analysis shows. The …
Read More »EU To Borrow Around 150 Billion Euros Annually For Recovery Fund
The European Commission plans to borrow around 150 billion euros annually until 2026 to finance the bloc’s unprecedented plan to make its economy greener and more digitalised the Commission said …
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