Energy Transition

OMG! China suppose to invest $17 trillion to meet climate goals

A new World Bank report on China’s climate and development challenges is released this week. It states that the country requires up to $17 trillion in additional investments in green infrastructure and technology. These investments have to be in the power and transportation sectors if China wants to achieve climate goals of net-zero emissions by …

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From Brazil to India: Toyota has a new pilot project for flex-fuel vehicle

Toyota Motor Corp. unveiled its flex fuel hybrid sedan in India on Tuesday. It is introducing a pilot project in a market where the government pressures automakers to use cleaner fuels. A new flex-fuel vehicle is a possibility for the sugar industry. The sedan is powered by flex-fuel technology, which allows the engine to work …

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Shipping business will switch to greener fuels

Shipping business to meet emissions targets by switching to greener fuels

Shipping business will switch to greener fuels aiming to meet the International Maritime Organization’s carbon emission reduction targets. The shipping industry attempts to reduce its reliance on oil. Senior executives from shipping and commodities firms said that they will commission more ships powered in part by liquefied natural gas (LNG) next year. They will also …

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eu taxonomy

Gas and nuclear issue: Austria to sue EU green energy policy

Adamantly anti-nuclear Austria said it would file a legal challenge to the European Union’s inclusion of natural gas and nuclear energy in a list of “green” investments. The so-called taxonomy of the European Union is at issue. The taxonomy is a rulebook that defines which investments can be labeled as climate-friendly. It intends to guide …

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Renewable energy and non-renewable energy? What's the difference?

Hungary to switch from Russian gas to green electricity

Hungary is one of the European Union’s most reliant members on Russian energy. The country aims to eliminate Russian gas imports by 2050 through a large-scale electrification project. Hungary to switch from Russian gas to green electricity, announced Hungarian technology and Industry minister Laszlo Palkovics. Hungary’s reliance on Russian gas It is known Hungary receives …

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energy transition

Not nice to say, but the Ukraine crisis will speed up the energy transition

According to the Director General of the International Renewable Energy Agency (IRENA), Francesco La Camera, the Ukraine crisis probably will speed up the energy transition to greener fuels. The first reason is that renewables can ensure energy independence from Russian gas. The second reason is they can certainly help environmental circumstances as they are now. …

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