EU energy ministers to discuss plans for supply shocks from Ukraine crisis

Energy ministers from European Union countries will on Monday discuss preparations for potential energy supply shocks and measures to shore up gas stocks following Russia’s invasion of Ukraine. The invasion of Ukraine by Russia, Europe’s top gas supplier, has sharpened concerns of disruption to energy supplies and increased scrutiny of European Union countries’ reliance on

India must act on mining and exploration of critical minerals for green technologies

The COP26 meeting held in Glasgow on climate change issues discussed accelerating action and strategies toward achieving objectives outlined in the Paris Agreement. Consequently, India has committed to increasing its non-fossil fuel energy capacity to 500 GW by 2030, reducing the economy’s carbon intensity to less than 45% in 2030 compared to 2005 levels, and

Why the LNG ‘gold rush’ could soon turn to dust

It was billed as a fuel for the energy transition. An incredibly dense, colourless fossil fuel that can be conveniently transported in ships around the world like crude oil, and which produces around half as much carbon as coal when regasified and burnt. Advocates of liquefied natural gas (LNG) predicted a final fossil fuel ‘gold

USDOE will build nation’s first large-scale facility to turn fossil fuel waste into rare materials

The vast majority of critical minerals and rare earth elements that help power electric vehicles and wind turbines come from mining operations overseas. But a new initiative spearheaded by the US Department of Energy is looking for ways to extract them from fossil fuel waste. The Energy Department plans to build the nation’s first large

Fossil-fuel billionaire Ambani boosts green energy ambitions

The conglomerate led by Mukesh Ambani, Asia’s richest man, announced plans to invest $76 billion toward clean energy projects, dwarfing an earlier commitment of $10 billion by the world’s biggest fossil-fuel billionaire. Reliance Industries Ltd., controlled by Ambani, has signed pacts with the state government of Gujarat for a total investment of 5.96 trillion rupees

Adani coal poised for export as insurance giants pledge cleaner future

According to the Adani Group, at the end of December, the first coal shipment from the central Queensland Carmichael Mine was ready to leave its Australian export terminal despite years of environmental campaigning and the refusal by major insurers to offer coverage for the project. However, three weeks later, the coal’s exact status is not

Fossil fuel firms among biggest spenders on Google ads

Fossil fuel companies are among the biggest spenders on Google ads that look like search results, revealed a joint study by The Guardian and InfluenceMap, a think-tank that tracks the lobbying efforts of polluting industries. As part of the study, 78 climate-related terms were searched on Google and it was found that one in five

EU drafts plan to label gas and nuclear investments as green

The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The European Commission is expected to propose rules in January deciding whether gas and nuclear projects will be included in the EU “sustainable finance

Saudi Aramco CEO warns of anxiety if investment in fossil fuels is cut sharply

Amin Nasser, CEO of Saudi Aramco, the world’s largest oil producer, urged world leaders on Monday to continue investing in fossil fuels that warm the world. The assumption that we can move to clean energy “evening” is “terribly flawed.” In a statement at the World Oil Conference in Houston, Texas, Nacelle said that moving to

US companies seeking 100% renewables still use fossil fuel

US companies with contracts to buy only renewable power are still relying heavily on fossil fuels because of a lack of clean-energy supplies, a Columbia University study has shown. American firms have to draw between 20% and 50% of their electricity from regional electric grids — heavy on fossil fuels — even when they’ve signed