Non-fossil fuels forecast to be 50% of China’s power capacity in 2022

Non-fossil fuel energy sources such as wind, nuclear, solar and hydropower may make up half of China’s total power generation capacity by the end of 2022, for the first time ever. China Electricity Council (CEC) has forecast that for the first time ever the country’s non-fossil energy sources make up half of China’s total power

Brazil cuts biodiesel mandate for rest of 2022

Brazilian has signed into law a measure to reduce the country’s mandatory biodiesel content in diesel to 10% for this year – a setback for biofuels and oilseeds producers. Brazil was supposed to adopt a 14% biofuel mix in diesel from March, but its National Energy Policy Council (CNPE) decided to keep a 10% content

India’s top steelmakers seek federal funds to cut carbon emissions

India’s top steelmakers have urged the government to provide federal funding and other economic assistance to help them meet targets for cutting carbon emissions, a leading industry body said. India, the world’s third-biggest emitter of greenhouse gases behind China and the United States, has pledged to achieve a net-zero carbon emission target by 2070 and

India may need to spend 11% of GDP to meet NetZero Goals: McKinsey

India may need to invest about 11% of Gross Domestic Product (GDP) over the next three decades as the world makes the transition to the goal of net- zero emissions by 2050, compared to the global average of about 7.5 per cent of GDP, according to consulting firm McKinsey. In a study released on Tuesday,

LNG takes off with ordering boom and new bunkering infrastructure

2021 was a banner year for the expansion of LNG as a marine fuel, according to industry association SEA-LNG. In its annual report, the group pointed to record-setting newbuild orders for dual-fuel LNG vessels and an expanding network of bunkering facilities as further evidence that this fuel option is a popular and growing choice for

NetZero by 2050 needs $9.2 trillion annual investment

The energy transition will be a very expensive and complicated endeavor in which different countries and regions will be unevenly impacted, analysts and forecasters have been saying for years.  The world cannot just flip the switch off on the current energy systems and start running on renewables, however noble, emission-reducing, and climate-protecting this sounds.  As

LSU chemists discover way to improve biofuel and biomaterial production

Globally, sustainable energy is in demand, and plant biomass has been a front-runner as a renewable resource. Until now, physical and chemical interactions in plant biomass had been a challenge in post-harvest processing, but LSU Department of Chemistry associate professor Tuo Wang and his research team of graduate students have discovered new information that can

Switzerland – Banks risk becoming new fossil fuel villains in 2022

Major banks, like UBS, are coming under increasing pressure to clean up their investments. As businesses were gearing up for the COP26 climate summit in Glasgow last year, one of Europe’s larger banks released an update on how it planned to do its bit to combat global warming. Switzerland’s UBS group said it had become

Wartsila hits methanol milestone with first newbuild engine order

The technology group Wartsila has received its first order for newbuild methanol-fuelled engines. A new Offshore Wind Installation Vessel (WIV) being built for Dutch contracting company Van Oord at Yantai CIMC Raffles shipyard in China will be powered by five Wärtsilä 32 engines capable of operating with methanol. The order, which includes the methanol fuel

DNV-led consortium to conduct ammonia bunkering safety study

The Global Centre for Maritime Decarbonisation (GCMD) has awarded its ammonia bunkering safety study in Singapore to a DNV-led consortium aimed at accelerating the shipping industry’s decarbonisation efforts, the Centre said in a statement on Wednesday. “A precursor to the demonstration of ammonia bunkering in Singapore, the intent of this study is to define a