Climate bill in Australia to make fossil fuel investment harder

Climate change Minister Chris Bowen has introduced the government’s climate change bill and said he wants Australia to be a renewable energy powerhouse. The minister introduced the Climate Change Bill to parliament, which if approved would commit the federal government to cut greenhouse gases by 43 per cent from 2005 levels by 2030. Greens leader

Canada frames rules for netzero emissions by 2035

The Canadian government published its proposed Frame for the Clean Electricity Regulations (CER). The CER rule making process is intended to arrive at a clear basis for provinces and territories to plan and operate their electricity grids, while also delivering reliable and affordable electricity to Canadians. The regulations are being developed around three core principles

Investment protection for fossil fuels will cease to exist in Europe, UK in 10 years

The EU and the UK have reached a compromise agreement to end investment protection for fossil fuels under the Energy Charter Treaty (ECT), after two years of negotiations. Under a flexibility mechanism approved by members of the energy investment treaty, the EU and UK will end protection for new fossil fuel investments from August 2023.

Power ministry issues green energy open access rules for 2022 in India

According to the new rules issued by the Ministry of Power (MoP), the consumers will be eligible for green energy open access if they have a contracted demand or sanctioned load of 100 kW or more. For captive consumers, there will be no load limitation. All applications for open access to green energy will be

Sri Lanka to implement renewable energy generation plan

It has been announced in Sri Lanka that a ‘Renewable Energy Generation Plan’ will be implemented starting from June 1, 2022. The policy is aimed at enhancing the renewable energy generation and its share in the energy mix of the country. The information has been shared by the Minister of Power and Energy, Kanchana Wijesekera.

NZ government to ban fossil fuel electricity generation

The New Zealand government is committing to making it increasingly difficult for businesses to rely on energy generated from fossil fuels. Further to banning new offshore oil and gas exploration in 2018, and committing to a “100 per cent renewable electricity by 2030” target, the Government is planning to ban electricity companies from investing in

$197 bn worth of renewable energy projects underway in India: Bhagwant Khuba

Bhagwant Khuba, Union Minister of State for New and Renewable Energy, has invited global investors to invest in India’s clean energy industry. Addressing investors at a conference in Munich, Germany, he stressed that projects worth around $196.98 billion are underway in the sector. Khuba delivered the keynote address at ‘Intersolar Europe 2022’ on “India’s Solar

EU fasten permitting system for renewable energy projects

The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member

Labor promises Australia-wide EV charging network

Federal Labor has promised to ‘fill the gaps’ in Australia’s electric vehicle charging network, announcing a plan to fund new fast-chargers along some of Australia’s major highways. Addressing the official launch of the Labor election campaign in Perth, Labor leader Anthony Albanese said the expanded network would allow Australians to “drive an electric vehicle across

India has no problem if Tesla produces EVs in the country: Gadkari

Union minister Nitin Gadkari said if the US-based Tesla is ready to manufacture its electric vehicles in India then there is ‘no problem’ but the company must not import cars from China. In an interactive session at the Raisina Dialogue, Gadkari further said India is a large market and there is a huge potential for