Stopping new offshore drilling can deliver 40% global emissions

Stopping new offshore drilling, along with other ocean-based solutions, can deliver nearly 40% of the global emission reductions needed by 2050, an analysis by Washington-based ocean advocacy group Oceana shows. The analysis released ahead of the 27th UN Climate Change Conference (COP27) in Egypt, has estimated that halting the expansion of offshore drilling, combined with

Mishtann plans ethanol production facility in Gujarat

Mishtann Food Limited has announced plans to set up a 1,000 Kilolitres Per Day (KLPD) grain-based ethanol manufacturing facility in Gujarat. Mishtann Foods is engaged in the production and marketing of a large variety of rice, pulses and other edible products and is looking to set up its manufacturing facility in Dalpur village of Sabarkantha

LNG-fueled ships risk losses of $850bn by 2030

The world’s rapidly growing fleet of ships that can run on liquefied natural gas (LNG) are at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. The study, released at the Marine Money conference during New York Climate Week, found that, if policies that incentivise shipping

Germany to sign LNG contracts in UAE

German Chancellor Olaf Scholz was expected to sign contracts for liquefied natural gas (LNG) during his visit to the United Arab Emirates (UAE), Economic Affairs and Climate Action Minister Robert Habeck said. Habeck was touring Lubmin, where the construction of one of Germany’s new liquefied natural gas (LNG) terminals was set to start. The construction

Affluent regions in China invest more on fossil fuel

According to latest analysis by environmental group Greenpeace, Guangdong, Zhejiang and Shanghai regions in China have continued to increase the amount of money spent on fossil fuel projects. While China’s economic hubs are heeding Beijing’s order to turn away from coal, experts found that these regions are shifting to fossil gas instead. Some of China’s

Fossil fuel vehicles production and import to be restricted in Vietnam from 2040

Vietnam will begin imposing restrictions on the import and manufacture of vehicles that run on fossil fuels from 2040. The Vietnam government’s energy transition programme outlined targets for the reduction of carbon and methane emissions from the transport sector, aimed at making it a zero-emissions industry by 2050. This programme dictates that all road vehicles

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

‘Complete transition to green fuel in mining is challenging’

Mr B K Bhatia, Additional Secretary General, Federation of Indian Mineral Industries (FIMI) in an exclusive interview with Future Fuels shares his opinion on sustainability and decarbonisation efforts made Indian mining sector. What are the initiatives/steps being taken by FIMI with regard to decarbonisation in mining industry in the country? Ans:  FIMI’s efforts in sustainability

Countries in Europe agree on 2035 fossil fuel car ban

European Union countries have agreed to phase-out new fossil fuel car sales from 2035. The deal makes it likely that the proposal will become EU law. The ministers’ agreements will form their position in upcoming negotiations with the EU Parliament on the final laws. Parliament has already backed the 2035 car target. After more than

US still importing Russian oil despite ban

According to a new report that tracks the flow of fossil fuels from Russia, some Russian oil is still making it to the United States as the war drags on. The Helsinki-based nonprofit Centre for Research on Energy and Clean Air produced the new report. India has quickly increased the amount of Russian oil that