United Nations Secretary-General Antonio Guterres spoke today before countries’ representatives gathered at the start of the COP27 summit in Egypt. He told them that they had a choice. First, they may work together now to reduce emissions. The second is to condemn future generations to climate disaster. Immediately following Guterres’ speech, UAE President Sheikh Mohammed …
South Africa’s president said in his speech at pre-COP27 on Friday that his country needs about $84 billion over the next five years for energy transition and to cut carbon emissions. South Africa also needs to capitalize on economic opportunities from the energy transition and assist the country’s affected communities. The transition from coal needs …
South Africa needs $84 billion for energy transition for five years Read More »
Saudi Arabia continues to demonstrate real determination and concrete steps in the energy transition process. Through its investments and projects, the country is becoming a leader in the process of creating a new energy map in the world. But also more than that. With its ambitious plan and strong political strategy, the key player in …
NEOM project opens a new chapter for Saudi Arabia energy transition Read More »
According to a study released yesterday, investments in low-carbon technology have fallen in emerging markets over the last four years, while financing has increased in developed economies. Investments in green energy technology are necessary to reduce global warming emissions. That’s one of the goals the countries have committed to by signing the Paris Agreement. Building …
What’s up? Low-carbon energy investment lags in developing economies Read More »
International Energy Agency says the Ukraine invasion and the fossil fuels crisis that followed have boosted state spending on clean energy. This is supposed to boost the transition to renewables, says IEA. But, also it will cause a peak in global carbon emissions from energy in 2025. That’s a result of massively increased government spending …
IEA Report: Carbon emissions from energy to peak in 2025 Read More »
India will use the United Nations climate conference next week to push rich countries to keep their promise. The rich countries last year in Glasgow repeated their promise from 2009 that they are to provide $100 billion per year in climate funds to help developing countries. Thus, if they want poor countries to deal with …
India: Rich countries promised climate funds, and they have to keep the promise Read More »
The European Union reached an agreement this week on a law that will effectively ban the sale of new petrol and diesel cars. This law will come into force beginning in 2035. EU has a goal to speed up the transition primarily to EVs – i.e. electric cars and vans, and at the same time …
No more fossil fuel cars in the EU from 2035, only EVs Read More »
Firms in the United States developing a new generation of small nuclear power plants to help reduce carbon emissions face a major challenge. The trouble they face is only one company sells the fuel they need. And that company is Russian. That is why the United States is rushing to repurpose some of its weapons-grade …
U.S. small nuclear power plants have a Russian mountain to climb Read More »
Energy, steel, and chemical industries are all trying to create substantial hydrogen applications that will help reduce carbon emissions and help stop global warming. Different efforts result in different colors of hydrogen. And we are talking about virtual colors because hydrogen is colorless. Hydrogen is everywhere and is considered the most abundant element in the …
Rising natural gas prices had already made hydrogen obtained from fossil fuels growingly uneconomic, prompting more than $70 billion in new investment in green hydrogen since the Ukraine conflict began, according to a report released on Thursday. Blue, gray, and green hydrogen We make green or clean hydrogen by splitting water from oxygen using electrolyzers …
With higher gas costs, green hydrogen investment is a must Read More »
