To prevent an energy and food security catastrophe in developing nations, the EU has removed some restrictions on the sale and funding of Russian coal and some chemicals, the EU Observer reports. In advice distributed to EU member states last month, the EU Commission said that coal should be permitted to tackle food and energy …
Food insecurity could be the reason to loosen EU sanctions Read More »
Finance issues took center stage today at the COP27 climate talks. U.N. Experts have published a list of $120 billion projects in that investors could invest money and support them. That will help poorer countries, including African countries, reduce emissions and adapt to the effects of global warming. Among the dozens of projects listed was …
Put the money on the table first: African countries do not trust words anymore Read More »
This year which is slowly passing can rightly be called the year of investment growth in renewable energy sources. The challenges brought by the war in Ukraine have apparently been successfully overcome by the renewable energy sector. So, for example, despite the reserved forecasts for the stagnation of investments in renewable energy sources, after the …
Investments in renewable energy sources continue to grow Read More »
Black gold, i.e. oil will probably have this prestigious status for several more decades. Apparently, the era of fossil fuel, the era of oil is slowly but surely coming to an end. We are witnessing a firm step into the new era, the era of renewable energy, the era of sustainability, and the circular economy. …
The Azerbaijani ambassador to Switzerland, H.E. Mr. Fuad Isgandarov, addressed a press conference organized by the Geneva Press Club where he discussed the bilateral ties between the Republic of Azerbaijan and the Swiss Confederation, particularly the role of Azerbaijan in the energy industry. Europe is currently going through a crisis, mainly due to the ongoing …
Azerbaijan Has Ambitious Energy Plans with Europe: Ambassador Isgandarov Read More »
Carbon dioxide emissions from China-invested power coal plants abroad are now estimated to be 245 million tonnes per year. They roughly pollute the same as annual energy-related CO2 emissions from the whole of Spain or Thailand, shows new research released on Tuesday. According to the research of Boston University’s Global Development Policy Center (GDPC), Chinese …
China’s abroad coal plants investments pollute as whole of Spain Read More »
In conditions of crisis and uncertainty, invest! We often hear or read this motto from business motivators. And this currency is proving to be a successful formula, especially these days for companies that have energy-related businesses. The war in Ukraine created stagnation in the markets, but at the same time it opened up new opportunities. …
Mytilineos Group increased profits from investments in renewables and energy storage Read More »
The French energy giant EDF earned 723 million euros, in the first half of the year, from its investments in renewable energy sources. The profit of 723 million euros indicates a pronounced growth trend, compared to the same period in 2021 when the profit amounted to 544 million euros. According to its strategy, EDF plans …
Energy giant EDF increases investments in green energy Read More »
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 …
OMG! China suppose to invest $17 trillion to meet climate goals Read More »
Expensive gas means not enough cost-effective electricity. As there is not enough cost-effective electricity, crypto-mining becomes pricey. Crypto-miners use powerful computers to solve complex mathematical puzzles to mine new tokens. It is equal to spending a lot of electricity. The math is – more expenses, less gain. Cryptocurrency miners do not use much sustainable energy, …
Green transition: You say crypto-mining becomes pricey? Read More »
